Global Castor Oil Market Report 2022-2027 Featuring Adani Wilmar, Jayant Agro, Gokul Overseas, and Kandla Agro & Chemicals - ResearchAndMarkets.com

The "Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global castor oil market reached a volume of 767.4 Kilo Tons in 2021. Looking forward, the market to reach 859.1 Kilo Tons by 2027, exhibiting a CAGR of 2% during 2022-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Castor oil, produced from castor beans, is a multi-purpose vegetable oil sourced from castor beans which are primarily found in the tropical areas of Africa and Asia. It is an active ingredient with pale yellow, translucent texture and a mild odour. Castor oil has antimicrobial, anti-inflammatory and moisturising properties and thus, it is considered safe for skin and hair.

Owing to this, castor oil remains a popular choice among consumers to naturally treat their common conditions like constipation as well as skin problems. Apart from this, it also finds major applications in the industrial sector for the processing of a wide variety of products.

Global Castor Oil Market Drivers/Constraints:

Castor oil is becoming an essential bio-based raw material which makes it ideal for various industrial applications. As a result, its demand is rising as a potential alternative to petroleum-based chemicals.

On account of its distinctive chemical structure, castor oil acts as a major raw material which is used in the production of various end products such as biodiesel, polyurethane adhesives, machining oils, refrigeration lubricants, etc. This versatile nature of castor oil has been contributing towards the propelling growth of the market.

As compared to other vegetable oils, castor oil is a healthier and less expensive alternative. Owing to this, food grade castor oil has gained a momentum in the food industry in the form of flavourings, mould inhibitor, food additives and packaging.

The global castor oil market is being hindered by the unstable prices of castor beans which is the result of their fluctuating supply. This supply highly depends upon the weather conditions of the region and a long harvesting process of castor beans.

Key Questions Answered in this Report

• What is the size of the global castor oil market?
• What are the key factors driving the global castor oil market?
• What has been the impact of COVID-19 on the global castor oil market?
• What is the breakup of the global castor oil market based on the end use?
• What are the key regions in the global castor oil market?
• Who are the key companies/players in the global castor oil market?

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality.

Some of the leading players operating in the market are:

• Adani Wilmar
• Jayant Agro
• Gokul Overseas
• Kandla Agro & Chemicals

Key Market Segmentation:

Breakup by End-Use:

The market has been segmented on the basis of end-use which mainly include pharmaceuticals, lubricants, paints and soaps. Currently, castor oil is extensively used in the pharmaceutical industry in the form of an anti-inflammatory agent.

• Pharmaceuticals
• Lubricants
• Paints
• Soaps
• Others

Regional Insights:

On a geographical basis, China represents the largest market for castor oil. This can be attributed to the rapid growth in the cosmetic, surface coating and pharmaceutical industries across the region. China is followed by Europe, India, the United States and Brazil.

• China
• Europe
• India
• United States
• Brazil
• Others

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Castor Seed Industry

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Region

5.4 Market Forecast

6 Global Castor Oil Industry

6.1 Market Overview

6.2 Market Performance

6.2.1 Volume Trends

6.2.2 Value Trends

6.3 Impact of COVID-19

6.4 Price Analysis

6.4.1 Key Price Indicators

6.4.2 Price Structure

6.4.3 Price Trends

6.5 Market Breakup by Region

6.6 Market Breakup by End Use

6.7 Market Forecast

6.8 SWOT Analysis

6.9 Value Chain Analysis

6.10 Porter's Five Forces Analysis

6.11 Key Market Drivers and Success Factors

7 Performance of Key Region

7.1 China

7.2 Europe

7.3 India

7.4 United States

7.5 Brazil

7.6 Others

8 Market Breakup by End Use

8.1 Pharmaceuticals

8.2 Lubricants

8.3 Paints

8.4 Soaps

9 Competitive Landscape

9.1 Competitive Structure

9.2 Market Breakup by Key Players

10 Castor Oil Manufacturing Process

10.1 Product Overview

10.2 Detailed Process Flow

10.3 Various Types of Unit Operations Involved

10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved

11.1 Land Requirements and Expenditures

11.2 Construction Requirements and Expenditures

11.3 Plant Layout

11.4 Plant Machinery

11.5 Machinery Pictures

11.6 Raw Material Requirements and Expenditures

11.7 Raw Material and Final Product Pictures

11.8 Packaging Requirements and Expenditures

11.9 Transportation Requirements and Expenditures

11.10 Utility Requirements and Expenditures

11.11 Manpower Requirements and Expenditures

11.12 Other Capital Investments

12 Loans and Financial Assistance

13 Project Economics

13.1 Capital Cost of the Project

13.2 Techno-Economic Parameters

13.3 Product Pricing and Margins Across Various Levels of the Supply Chain

13.4 Taxation and Depreciation

13.5 Income Projections

13.6 Expenditure Projections

13.7 Financial Analysis

13.8 Profit Analysis

14 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/lrq1yh

View source version on businesswire.com: https://www.businesswire.com/news/home/20221006005561/en/