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United States PEG-40 Hydrogenated Castor Oil Market is expected to reach US$ 31.8 million by 2032 | Top Companies - Croda International Plc, Matangi Industries, SpecialChem S.A.

11-21-2025 09:56 AM CET | Energy & Environment

Press release from: DataM Intelligence 4Market Research

PEG-40 Hydrogenated Castor Oil Market

PEG-40 Hydrogenated Castor Oil Market

Market Size and Growth:

The Global PEG-40 Hydrogenated Castor Oil Market Size reached US$ 60.1 million in 2022 and is expected to reach US$ 112.9 million by 2031, growing with a CAGR of 8.2% during the forecast period 2024-2031. The Market is growing due to rising demand for emulsifiers in personal care and cosmetic products, driven by increasing consumer spending on skincare and haircare. Additionally, its multifunctional use in pharmaceuticals and food applications is further fueling market expansion. According to DataM Intelligence

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The PEG-40 Hydrogenated Castor Oil Market refers to the global industry focused on the production, distribution, and utilization of PEG-40 hydrogenated castor oil, a non-ionic surfactant widely used in cosmetics, personal care, pharmaceuticals, and household products. It acts as an emulsifier, solubilizer, and stabilizing agent in formulations, supporting product consistency, improved texture, and enhanced ingredient dispersion across diverse applications.

Industry Recent Developments: United States

✅ November 2025 - The U.S. market sees rising consumer demand for gentle, vegan-friendly formulations using PEG-40 Hydrogenated Castor Oil. Regulatory oversight under TSCA continues to support its industrial and cosmetic use while fostering trust in clean-label personal care products.

✅ October 2025 - No major new product launches or mergers and acquisitions related to PEG-40 Hydrogenated Castor Oil, but there is increasing market interest fueled by the clean beauty trend emphasizing plant-based and eco-friendly ingredients.

✅ September 2025 - Safety awareness is heightened following a safety re-review in September 2024 corroborating the safety of PEG-40 Hydrogenated Castor Oil derivatives, strengthening manufacturer confidence and consumer acceptance.

Industry Recent Developments: Japan

✅ November 2025 - Continued registration of PEG-40 Hydrogenated Castor Oil under Japan's ENCS/METI framework facilitates regulatory compliance, particularly benefiting export-focused cosmetic and household product manufacturers.

✅ October 2025 - Nikkol Group released HCO-40, a new PEG-40 Hydrogenated Castor Oil variant certified under IECIC 2021, designed specifically for sensitive and high-alcohol formulations, signaling innovation targeting nuanced formulation needs.

✅ September 2025 - The clean beauty trend sustains robust demand growth, with Japan recognized as a high-growth market for PEG-40 formulations. While no major M&A activity occurred, strategic collaborations and development efforts persist among key industry players.

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Major Key Players:

Croda International Plc
Matangi Industries
SpecialChem S.A
Kao Corporation
BASF Corporation
ATAMAN KiMYA
New Directions Aromatics Inc.
Vantage Specialty Chemicals
Trulux
PT Rolimex Kimia Nusamas.

Market Growth Drivers:

✅ Increasing Demand for Eco-friendly and Sustainable Ingredients: Rising consumer preference for bio-based, biodegradable, and environmentally sustainable ingredients in cosmetics and personal care products is driving market growth. Manufacturers are adopting greener practices aligned with global sustainability efforts.

✅ Rising Awareness of Product Safety and Efficacy: The reaffirmation of safety standards for PEG-40 Hydrogenated Castor Oil in cosmetics, along with its multifunctional properties as an emulsifier, solubilizer, and moisturizer, boosts confidence among formulators and consumers, supporting wider adoption.

✅ Growth of Clean Beauty and Vegan Formulations: The ongoing clean beauty trend emphasizes transparency, vegan, and gentle formulations. PEG-40 Hydrogenated Castor Oil's role as a versatile, plant-based ingredient fits well with these market demands, leading to increased use in skincare, haircare, and color cosmetics.

Segments Covered in the PEG-40 Hydrogenated Castor Oil Market:

By Type: Liquid, Semi-Solid.

By Distribution Channel: Hypermarket/Supermarket, Convenience Stores , Specialty Stores, Online Retail, Others.

By Application: Pesticide, Coating, Textile, Cosmetic & Personal Care, Others.

Regional Analysis for PEG-40 Hydrogenated Castor Oil Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

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

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, PEG-40 Hydrogenated Castor Oil market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global PEG-40 Hydrogenated Castor Oil Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global PEG-40 Hydrogenated Castor Oil market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the PEG-40 Hydrogenated Castor Oil Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of PEG-40 Hydrogenated Castor Oil market?

➠ Who are the global key manufacturers of the PEG-40 Hydrogenated Castor Oil Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the PEG-40 Hydrogenated Castor Oil market opportunities and threats faced by the vendors in the global PEG-40 Hydrogenated Castor Oil Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the PEG-40 Hydrogenated Castor Oil market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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