Castor Oil Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

Castor Oil Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine


The global castor oil market is expected to grow at a CAGR of around 3.3% during 2025-2034. This report on global castor oil market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global castor oil market by segmenting the market based on type, end use, and region. Also, detailed profiles of companies operating in the castor oil market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growing Adoption for Sustainable and Bio-based Products
• Increased Consumer Awareness

Market Challenges

• Competitive Industry

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by Type

• Cold Pressed Castor Oil
• Hydrogenated Castor Oil
• Jamaican Black Castor Oil
• Dehydrated Castor Oil

Market by End Use

• Pharmaceuticals
• Lubricants
• Paints
• Soaps
• Other End-uses

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Castor Oil Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Castor Oil Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Castor Oil Market by Type
5.1. Introduction
5.2. Cold Pressed Castor Oil
5.3. Hydrogenated Castor Oil
5.4. Jamaican Black Castor Oil
5.5. Dehydrated Castor Oil
6. Global Castor Oil Market by End Use
6.1. Introduction
6.2. Pharmaceuticals
6.3. Lubricants
6.4. Paints
6.5. Soaps
6.6. Other End-uses
7. Global Castor Oil Market by Region
7.1. Introduction
7.2. Europe
7.2.1. Germany
7.2.2. United Kingdom
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Russia
7.2.7. Netherlands
7.2.8. Rest of the Europe
7.3. North America
7.3.1. United States
7.3.2. Canada
7.4. Asia Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. South Korea
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Rest of the Asia Pacific
7.5. Latin America
7.5.1. Mexico
7.5.2. Brazil
7.5.3. Argentina
7.5.4. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Turkey
7.6.3. Iran
7.6.4. United Arab Emirates
7.6.5. Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. Adya Oils & Chemicals Ltd.,
11.2.2. Arvalli Castor Derivatives Pvt. Ltd.
11.2.3. Girnar Industries
11.2.4. Gokul Agri International
11.2.5. Hengshui Jinghua Chemical Co., Ltd.
11.2.6. HOKOKU Co.,Ltd
11.2.7. ITOH Oil Chemical Ltd.
11.2.8. Jayant Agro-Organics Limited
11.2.9. Kanak castor Products
11.2.10. Kokura Gosei Kogyo Ltd.
11.2.11. NK Industries
11.2.12. Sebacic India Pvt. Ltd.
11.2.13. Thai Castor Oil Industries Co.,Ltd.
11.2.14. Vertellus
11.2.15. Xingtai Lantian Fine Chemicals Ltd.
List of Figures
Figure 1: Global Castor Oil Market (in US$ Million), 2020-2024
Figure 2: Global Castor Oil Market by Type, 2024
Figure 3: Global Castor Oil Market by End Use, 2024
Figure 4: Global Castor Oil Market by Region, 2024
Figure 5: Global Castor Oil Market (in US$ Million), 2025-2034
Figure 6: Global Castor Oil Market by Type (in %), 2024 & 2034
Figure 7: Global Cold Pressed Castor Oil Market (in US$ Million), 2020-2024
Figure 8: Global Cold Pressed Castor Oil Market (in US$ Million), 2025-2034
Figure 9: Global Hydrogenated Castor Oil Market (in US$ Million), 2020-2024
Figure 10: Global Hydrogenated Castor Oil Market (in US$ Million), 2025-2034
Figure 11: Global Jamaican Black Castor Oil Market (in US$ Million), 2020-2024
Figure 12: Global Jamaican Black Castor Oil Market (in US$ Million), 2025-2034
Figure 13: Global Dehydrated Castor Oil Market (in US$ Million), 2020-2024
Figure 14: Global Dehydrated Castor Oil Market (in US$ Million), 2025-2034
Figure 15: Global Castor Oil Market by End Use (in %), 2024 & 2034
Figure 16: Global Pharmaceuticals Castor Oil Market (in US$ Million), 2020-2024
Figure 17: Global Pharmaceuticals Castor Oil Market (in US$ Million), 2025-2034
Figure 18: Global Lubricants Castor Oil Market (in US$ Million), 2020-2024
Figure 19: Global Lubricants Castor Oil Market (in US$ Million), 2025-2034
Figure 20: Global Paints Castor Oil Market (in US$ Million), 2020-2024
Figure 21: Global Paints Castor Oil Market (in US$ Million), 2025-2034
Figure 22: Global Soaps Castor Oil Market (in US$ Million), 2020-2024
Figure 23: Global Soaps Castor Oil Market (in US$ Million), 2025-2034
Figure 24: Global Other End Uses Castor Oil Market (in US$ Million), 2020-2024
Figure 25: Global Other End Uses Castor Oil Market (in US$ Million), 2025-2034
Figure 26: Global Castor Oil Market by Region (in %), 2024 & 2034
Figure 27: Europe Castor Oil Market (in US$ Million), 2020-2024
Figure 28: Europe Castor Oil Market (in US$ Million), 2025-2034
Figure 29: Europe Castor Oil Market by Country (in %), 2024 & 2034
Figure 30: Germany Castor Oil Market (in US$ Million), 2020-2034
Figure 31: United Kingdom Castor Oil Market (in US$ Million), 2020-2034
Figure 32: France Castor Oil Market (in US$ Million), 2020-2034
Figure 33: Italy Castor Oil Market (in US$ Million), 2020-2034
Figure 34: Spain Castor Oil Market (in US$ Million), 2020-2034
Figure 35: Russia Castor Oil Market (in US$ Million), 2020-2034
Figure 36: Netherlands Castor Oil Market (in US$ Million), 2020-2034
Figure 37: North America Castor Oil Market (in US$ Million), 2020-2024
Figure 38: North America Castor Oil Market (in US$ Million), 2025-2034
Figure 39: North America Castor Oil Market by Country (in %), 2024 & 2034
Figure 40: United States Castor Oil Market (in US$ Million), 2020-2034
Figure 41: Canada Castor Oil Market (in US$ Million), 2020-2034
Figure 42: Asia Pacific Castor Oil Market (in US$ Million), 2020-2024
Figure 43: Asia Pacific Castor Oil Market (in US$ Million), 2025-2034
Figure 44: Asia Pacific Castor Oil Market by Country (in %), 2024 & 2034
Figure 45: China Castor Oil Market (in US$ Million), 2020-2034
Figure 46: Japan Castor Oil Market (in US$ Million), 2020-2034
Figure 47: India Castor Oil Market (in US$ Million), 2020-2034
Figure 48: South Korea Castor Oil Market (in US$ Million), 2020-2034
Figure 49: Australia Castor Oil Market (in US$ Million), 2020-2034
Figure 50: Indonesia Castor Oil Market (in US$ Million), 2020-2034
Figure 51: Latin America Castor Oil Market (in US$ Million), 2020-2024
Figure 52: Latin America Castor Oil Market (in US$ Million), 2025-2034
Figure 53: Latin America Castor Oil Market by Country (in %), 2024 & 2034
Figure 54: Mexico Castor Oil Market (in US$ Million), 2020-2034
Figure 55: Brazil Castor Oil Market (in US$ Million), 2020-2034
Figure 56: Argentina Castor Oil Market (in US$ Million), 2020-2034
Figure 57: Middle East & Africa Castor Oil Market (in US$ Million), 2020-2024
Figure 58: Middle East & Africa Castor Oil Market (in US$ Million), 2025-2034
Figure 59: Middle East & Africa Castor Oil Market by Country (in %), 2024 & 2034
Figure 60: Saudi Arabia Castor Oil Market (in US$ Million), 2020-2034
Figure 61: Turkey Castor Oil Market (in US$ Million), 2020-2034
Figure 62: Iran Castor Oil Market (in US$ Million), 2020-2034
Figure 63: UAE Castor Oil Market (in US$ Million), 2020-2034
Figure 64: Market Value Chain
List of Tables
Table 1: Global Castor Oil Market Portraiture
Table 2: Global Castor Oil Market by Type (in US$ Million), 2024 & 2034
Table 3: Global Castor Oil Market by End Use (in US$ Million), 2024 & 2034
Table 4: Global Castor Oil Market by Region (in US$ Million), 2024 & 2034
Table 5: Europe Castor Oil Market by Country (in US$ Million), 2024 & 2034
Table 6: North America Castor Oil Market by Country (in US$ Million), 2024 & 2034
Table 7: Asia Pacific Castor Oil Market by Country (in US$ Million), 2024 & 2034
Table 8: Latin America Castor Oil Market by Country (in US$ Million), 2024 & 2034
Table 9: Middle East & Africa Castor Oil Market by Country (in US$ Million),
2024 & 2034
Table 10: List of Key Players

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