Global Ricinoleic Acid Market 2024-2028

Global Ricinoleic Acid Market 2024-2028


The ricinoleic acid market is forecasted to grow by USD 103.27 mn during 2023-2028, accelerating at a CAGR of 4.59% during the forecast period. The report on the ricinoleic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from major end-users, easy extraction and production processes of ricinoleic acid, and growing emphasis on sustainable and eco-friendly products.

Technavio's ricinoleic acid market is segmented as below:

By End-user
  • Lubricants and grease
  • Cosmetics and personal care
  • Surfactants
  • Others
By Type
  • Industrial-grade
  • Optimal grade
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the growing shift toward bio-based chemicals as one of the prime reasons driving the ricinoleic acid market growth during the next few years. Also, increasing demand for cosmetic and personal care products and rising demand for ricinoleic acid in pharmaceutical applications will lead to sizable demand in the market.

The report on the ricinoleic acid market covers the following areas:
  • Ricinoleic acid market sizing
  • Ricinoleic acid market forecast
  • Ricinoleic acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ricinoleic acid market vendors that include Acme synthetic chemicals, Adani Wilmar Ltd., Akshay Chemicals, Arvalli Castor Derivatives Pvt. Ltd, Aura Refoils Pvt. Ltd, Biomol GmbH, Cayman Chemical, Girnar Industries, Gokul Agro Resources, ITOH OIL CHEMICALS CO. LTD., Jacob Stern and Sons Inc., Jayant Agro Organics Ltd., KAVYA PHARMA, Krishna Antioxidants Pvt. Ltd., Merck KGaA, N.K. Industries Ltd., Royal Castor Products Ltd., Tokyo Chemical Industry Co. Ltd., and Univar Solutions Inc.. Also, the ricinoleic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global ricinoleic acid market 2018 - 2022
      • Table Historic Market Size – Data Table on global ricinoleic acid market 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Lubricants and grease - Market size and forecast 2023- 2028
      • Table Chart on Lubricants and grease - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Lubricants and grease - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Lubricants and grease - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Lubricants and grease - Year-over-year growth 2023-2028 (%)
    • Cosmetics and personal care - Market size and forecast 2023-2028
      • Table Chart on Cosmetics and personal care - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cosmetics and personal care - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cosmetics and personal care - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cosmetics and personal care - Year-over-year growth 2023-2028 (%)
    • Surfactants - Market size and forecast 2023-2028
      • Table Chart on Surfactants - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Surfactants - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Surfactants - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Surfactants - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Industrial-grade - Market size and forecast 2023-2028
      • Table Chart on Industrial-grade - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial-grade - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Industrial-grade - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Industrial-grade - Year-over-year growth 2023-2028 (%)
    • Optimal grade - Market size and forecast 2023-2028
      • Table Chart on Optimal grade - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Optimal grade - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Optimal grade - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Optimal grade - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Chart on France - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Table Chart on France - Year-over-year growth 2023-2028 (%)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Brazil - Market size and forecast 2023-2028
      • Table Chart on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing demand from major end-users
      • Easy extraction and production processes of ricinoleic acid
      • Growing emphasis on sustainable and eco-friendly products
    • Market challenges
      • High price of castor seeds due to adverse climatic conditions
      • Side effects of castor oil
      • Environmental concerns related to castor oil production
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing shift toward bio-based chemicals
      • Increasing demand for cosmetic and personal care products
      • Rising demand for ricinoleic acid in pharmaceutical applications
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Acme synthetic chemicals
      • Table Acme synthetic chemicals - Overview
      • Table Acme synthetic chemicals - Product / Service
      • Table Acme synthetic chemicals - Key offerings
    • Adani Wilmar Ltd.
      • Table Adani Wilmar Ltd. - Overview
      • Table Adani Wilmar Ltd. - Product / Service
      • Table Adani Wilmar Ltd. - Key offerings
    • Akshay Chemicals
      • Table Akshay Chemicals - Overview
      • Table Akshay Chemicals - Product / Service
      • Table Akshay Chemicals - Key offerings
    • Arvalli Castor Derivatives Pvt. Ltd
      • Table Arvalli Castor Derivatives Pvt. Ltd - Overview
      • Table Arvalli Castor Derivatives Pvt. Ltd - Product / Service
      • Table Arvalli Castor Derivatives Pvt. Ltd - Key offerings
    • Aura Refoils Pvt. Ltd
      • Table Aura Refoils Pvt. Ltd - Overview
      • Table Aura Refoils Pvt. Ltd - Product / Service
      • Table Aura Refoils Pvt. Ltd - Key offerings
    • Biomol GmbH
      • Table Biomol GmbH - Overview
      • Table Biomol GmbH - Product / Service
      • Table Biomol GmbH - Key offerings
    • Cayman Chemical
      • Table Cayman Chemical - Overview
      • Table Cayman Chemical - Product / Service
      • Table Cayman Chemical - Key offerings
    • Girnar Industries
      • Table Girnar Industries - Overview
      • Table Girnar Industries - Product / Service
      • Table Girnar Industries - Key offerings
    • Gokul Agro Resources
      • Table Gokul Agro Resources - Overview
      • Table Gokul Agro Resources - Product / Service
      • Table Gokul Agro Resources - Key offerings
    • ITOH OIL CHEMICALS CO. LTD.
      • Table ITOH OIL CHEMICALS CO. LTD. - Overview
      • Table ITOH OIL CHEMICALS CO. LTD. - Product / Service
      • Table ITOH OIL CHEMICALS CO. LTD. - Key offerings
    • KAVYA PHARMA
      • Table KAVYA PHARMA - Overview
      • Table KAVYA PHARMA - Product / Service
      • Table KAVYA PHARMA - Key offerings
    • Merck KGaA
      • Table Merck KGaA - Overview
      • Table Merck KGaA - Business segments
      • Table Merck KGaA - Key news
      • Table Merck KGaA - Key offerings
      • Table Merck KGaA - Segment focus
    • N.K. Industries Ltd.
      • Table N.K. Industries Ltd. - Overview
      • Table N.K. Industries Ltd. - Product / Service
      • Table N.K. Industries Ltd. - Key offerings
    • Royal Castor Products Ltd.
      • Table Royal Castor Products Ltd. - Overview
      • Table Royal Castor Products Ltd. - Product / Service
      • Table Royal Castor Products Ltd. - Key offerings
    • Tokyo Chemical Industry Co. Ltd.
      • Table Tokyo Chemical Industry Co. Ltd. - Overview
      • Table Tokyo Chemical Industry Co. Ltd. - Product / Service
      • Table Tokyo Chemical Industry Co. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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