Global Castor Oil and Derivatives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Castor Oil and Derivatives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Castor oil is a vegetable oil extracted from castor seeds. It is liquid at room temperature.Castor oil derivatives as long as include hydrogenated castor oil, oxidized castor oil, dehydrated castor oil, 12-hydroxystearic acid and so on.The global output of castor oil and its derivatives in 2018 was 730 kilotons, up 3% from 707 kilotons in 2017, and the market size grew at an average annual rate of 5% between 2018 and 2025.In 2018, India was the largest producer of castor oil and its derivatives, with output of 664 kilotons, accounting for 91% of the global market.China is the largest sales region, with sales volume of 222 thousand tons, accounting for 30% of the global market.The global market for castor oil and its derivatives is relatively concentrated, with the production share of 17 major enterprises reaching 76% and the market size accounting for 75% by 2018.The top five players in the market for castor Oil and its derivatives are Jayant Agro, NK Proteins, Adani Wilmar, RPK Agrotech and ITOH Oil Chemicals.Jayant Agro is firmly in the top spot, accounting for 26% of the market in 2018.The main product types in the global market of electric vehicle drive motors are castor oil, hydrogenated castor oil, dehydrated castor oil, 12-hydroxystearic acid and others.Globally, electric vehicle drive motors are mainly used in food, pharmaceuticals, cosmetics, industrial applications and other applications, with the largest proportion in industrial applications in 2018, accounting for 31%.

According to our (Global Info Research) latest study, the global Castor Oil and Derivatives market size was valued at US$ 1591 million in 2023 and is forecast to a readjusted size of USD 2198 million by 2030 with a CAGR of 4.8% during review period.

Global Castor Oil and Derivatives key players include Jayant Agro, NK Proteins, Adani Wilmar, etc. Global top three manufacturers hold a share over 50%.

India is the largest market, with a share over 90%, followed by China, and North America, both have a share over 5 percent.

In terms of product, Hydrogenated Castor Oil is the largest segment, with a share about 30%. And in terms of application, the largest application is Food, followed by Drug, Cosmetics, Industrial, etc.

This report is a detailed and comprehensive analysis for global Castor Oil and Derivatives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Castor Oil and Derivatives market size and forecasts, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Castor Oil and Derivatives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Castor Oil and Derivatives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilo MT), and average selling prices (USD/MT), 2019-2030

Global Castor Oil and Derivatives market shares of main players, shipments in revenue ($ Million), sales quantity (Kilo MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Castor Oil and Derivatives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Castor Oil and Derivatives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Jayant Agro, NK Proteins, Adani Wilmar, RPK Agrotech, ITOH Oil Chemicals, Thai Castor Oil, Hokoku Corporation, Gokul Overseas, SHANGHAI RIHAO CHEMICAL CO.,LTD., Dongying Kanghui Industry and Trade Co. Ltd, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Castor Oil and Derivatives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Castor Oil
Hydrogenated Castor Oil
Oxidized Castor Oil
Dehydrated Castor Oil
12-hydroxystearic Acid
Others

Market segment by Application
Food
Drug
Cosmetics
Industrial
Others

Major players covered
Jayant Agro
NK Proteins
Adani Wilmar
RPK Agrotech
ITOH Oil Chemicals
Thai Castor Oil
Hokoku Corporation
Gokul Overseas
SHANGHAI RIHAO CHEMICAL CO.,LTD.
Dongying Kanghui Industry and Trade Co. Ltd
Kisan Agro
Weiyubiological
TIAN XING BIOTECHNOLOGY
Ambuja Solvex
Adya Oil
Wen Shu Jxlan Yellow River oll CO, LTD
Girnar Industries

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Castor Oil and Derivatives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Castor Oil and Derivatives, with price, sales quantity, revenue, and global market share of Castor Oil and Derivatives from 2019 to 2024.

Chapter 3, the Castor Oil and Derivatives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Castor Oil and Derivatives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Castor Oil and Derivatives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Castor Oil and Derivatives.

Chapter 14 and 15, to describe Castor Oil and Derivatives sales channel, distributors, customers, research findings and conclusion.