Press release
Global Castor Oil Market Driven by Expanding Applications in Diverse Industries
As a result of its lubricating qualities, castor oil is used either in crude or refined hydrogenated form in a number of industries such as food, cosmetic and electronic & telecommunications. Some of its applications are in the manufacturing of products such as adhesives, brake fluids, paints, pigments, electrical liquids, dielectrics, etc.A latest report by IMARC Group titled, “Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global castor oil market has reached a volume of around 1,800 Thousand Tons in 2016, growing at a CAGR of 4% during 2009-2016. Castor oil is extracted from the seeds of the castor plant. It originated in the tropical belt of India and Africa and is mostly cultivated in arid and semi-arid regions. In the past five years, the market has witnessed a reduction in the production levels of castor seeds as a result of decline in the sowing area. However, due to delayed monsoon in India after 2013, farmers were driven towards growing castor crops as these require less water during plantation. Consequently, the production of castor oil has accelerated from the year 2013 onwards. According to the report, the market for castor oil is expected to grow at a CAGR of 4.5% during 2017-2022, reaching a volume of more than 2,200 Thousand Tons by 2022.
The report offers a detailed segmentation of the castor oil market based on its applications. It serves as an important component in innumerable industries such as pharmaceuticals, food, cosmetic and the electronics & telecommunications industry. In the food and cosmetic industry, it is used as an additive for flavouring and in manufacturing lipsticks, respectively. In the electronics and telecommunication industry, castor oil is used in the production of polymers as well as the manufacturing of equipment which are used for national security. Furthermore, it is also used in the manufacturing of a number of products which include adhesives, brake fluids, caulks, dyes, machining oils, paints, pigments, electrical liquids, dielectrics, lubricating greases, polyurethane refrigeration lubricants, rubber sealants, textiles, washing powders, waxes, etc.
For more Technical Insights, find free PDF brochure: http://www.imarcgroup.com/request?type=report&id=639&flag=A
The report has segmented the market on a regional basis. The regions covered in the report include India, Brazil and China. Currently, India represents the largest producer of castor oil at the global level. India is followed by China and Brazil. In terms of consumption, China is the largest consumer of castor oil, followed by Europe, India and the United States. The report has also provided a thorough analysis of the competitive landscape along with the details of the major players operating in the market. Some of the players given in the report are Adani Wilmer, Gokul Overseas, Kandla Agro & Chemicals and Jayant Agro. Amongst these, the majority of the market share is held by Adani Wilmer.
The report provides a detailed roadmap for setting up a castor oil manufacturing plant. The study, done by one of the world’s leading research and advisory firms, covers all the prerequisites of the castor oil market and provides an in-depth analysis of the market, industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. It also offers SWOT, Value Chain and Porter’s Five Forces analysis and regional segmentation followed by an analysis of the competitive landscape. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the castor oil market in any manner.
Browse the full report at http://www.imarcgroup.com/castor-oil-manufacturing-plant
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group
671 North Randolph Street,
Arlington, VA 22203, United States
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Website: www.imarcgroup.com
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Castor Oil Market Driven by Expanding Applications in Diverse Industries here
News-ID: 453326 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for India
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…