openPR Logo
Press release

Forecast and Analysis on Castor Oil Market for Period 2017 - 2025

Forecast and Analysis on Castor Oil Market for Period 2017 - 2025

Castor Oil Market: Introduction:

Castor oil is known to be the only source of hydroxylated fatty acid and hence, has a great amount of demand as a feedstock in different related industries. Castor oil is used from hair oil to lubrication of airplane machinery. Castor oil’s 90% constituent is ricinoleic acid, which is used in pharmaceutical industries. Rapid use of scientific knowledge has increased the productivity of the castor oil. But a large amount of the production yield is based on the timely rain in the region of the castor oil harvest. The versatile application of castor oil has produced a significant amount of market in the last few decades. The production got increased approximately by 50% in last 25 years. India stands as the major producer of the castor oil, approx. 85% by quantity. The current rate of production is not sufficient to the demand of the castor oil present in the market. This situation creates a very lucrative opportunity for the new players to enter the castor oil market.

Castor Oil Market: Segments:

The segmentation of castor oil market can be done by the end use industries and form.

Based on end use industries the castor oil market can be segmented into personal care, food and beverage, pharmaceuticals, lubricant, fuel and others. In personal care industry, castor oil is used as a source of moisturizer because of its high fatty acid content. Hair care products like shampoo, hair oils and hair styling cosmetics use castor oil. Castor oil is also used to produce body lotions and deodorants. In food and beverage, castor oil is used for packaging, flavoring and as viscosity additives. Ricinoleic is using as an anti-inflammatory agent in the pharmaceutical industry which is isolated from castor oil. Lubricating property of hydrogenated castor oil is widely used in lubrication industry. Areas like aircraft lubricant, jet engine lubricant, hydraulic fluid and lubricant grease are the main use of castor oil. In fuel industry, castor oil is determined as the best biofuel available in terms of per capita yield in the market and it is mainly used as the fuel additive.

Request For Report Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21047

Based on a form the castor oil market can be segmented on the basis of refined oil and hydrogenated oil. The refined oil is pure, pale yellow colored which can be used directly as feedstock. The hydrogenated one is basically used in lubricant and cosmetic industries which have a hard texture and waxy appearance.

Castor Oil Market: Region-wise Outlook:

In the global market, India will be the key producer of the castor oil because of its favorable ecosystem for castor plant and China will be the largest market for the castor oil followed by Japan and Malaysia in Asia-Pacific region. Current market trends show increased use of natural products in Northern American and European market, hence will surely be a boost to the already huge castor oil consumption market in the region. In Middle East region, Saudi Arabia stands as the biggest consumption market for the castor oil.

Castor Oil Market: Drivers and Restraints:

Natural and organic product trend will be the main driver of the castor oil market. The net demand of such genre of the product has gone up in the market with the introduction of new products involving castor oil. Food and beverage industry is anticipated to create a great amount of demand for castor oil as an additive and flavoring agent. Other industries who use castor oil in their products like pharmaceuticals and personal health will keep a steady demand of castor oil all around the world.

The dependency of the crop yield over the seasonal rain is a main restrain to the castor oil market. A low yield may increase the value of the castor oil in the market which may force producers to use alternatives.

Visit For TOC@ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=21047

Castor Oil Market: Key Players:

The global key players of castor oil market will be Jayant Agro-Organics Limited, Adya Oils & Chemicals Ltd, Gujarat Ambuja Exports Ltd, N.K.Proteins Pvt Limited, RPK Agrotech exports Pvt. Ltd, Kanak Castor Products Pvt Ltd, Sree Rayalseema Alkalies & Chemical Ltd., Taj Agro Products, Shandong Tianxing biotechnology Co., Ltd, Tongliao Winning Chemical Co, .Ltd.

About Us – Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others

Contact Us:
Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

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 Forecast and Analysis on Castor Oil Market for Period 2017 - 2025 here

News-ID: 763077 • Views: 157

More Releases from Transparency Market Research

Understanding Impact of COVID-19 on Facial Paralysis Market
Facial paralysis refers to the loss of facial muscle movement owing to damage to nerves. Facial muscles of the affected individuals become weak and start to droop. Facial paralysis can affect either one side or both sides of the face. Facial paralysis is caused due to inflammation of the nerves caused by infection, stroke, and tumor. According to the National Institute of Neurological Disorders and Stroke, the most common cause
Impact of Outbreak of COVID-19 on Thoracic Outlet Syndrome (TOC) Treatment Marke …
Thoracic outlet syndrome (TOC) is a group of disorders that cause pain in the neck, shoulder, and arms and numbness and tingling of the fingers. The thoracic outlet syndrome is caused by the compression of blood vessels and nerves in the space between the collarbone and the first rib known as thoracic outlet. The common causes of thoracic outlet syndrome include damage to the shoulder or neck, injuries caused because
Impact Assessment of COVID-19 Outbreak on Chronic Lymphocytic Leukemia Market
Chronic lymphocytic leukemia is a common type of leukemia found in adults. In this type of cancer, lymphocytes, i.e., white blood cells develop in the bone marrow and travel through the blood. The lymphocytic leukemia cells are majorly found in the lymph nodes and other tissues. There are two types of chronic lymphocytic leukemia, one of which grows slowly, while the other type is fatal. Generally, chronic lymphocytic leukemia do
Latest TMR Report Explores Impact of COVID-19 Outbreak on Bioprocess Instruments …
Bioprocess is defined as a technique used to produce biological products such as genetically microbial strains, commercially useful chemicals, etc.. Increase in interest in life science areas such as pharmacology & toxicology and biotechnology for the development of advanced medicines and vaccines has created a need for advanced bioprocess technology. The global bioprocess instruments and consumables market is driven by expansion in the biopharmaceutical industry, , technological advancements, increase in demand

All 5 Releases


More Releases for Castor

Castor Oil And Derivatives Market Size with Quality Things: Dehydrated Castor Oi …
Castor Oil And Derivatives Market By Product (Dehydrated Castor Oil, Sebacic Acid, Castor Wax, Undecylenic Acid and Other Products) and Application (Plastics & Resins, Biodiesel, Lubricants, Cosmetics & Pharmaceuticals, Surface Coatings and Other Applications) - Global Industry Analysis And Forecast To 2025. Competitive Analysis: The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of
Sulfated Castor Oil Market - Growth Opportunity Assessment
Introduction: Sulfated Castor oil, also known as sulfonated castor oil or Turkey red oil, is one of the derivatives of castor oil which is being extracted from the non-edible seeds of the castor plant. This plant is commercially cultivated for its seed oil which finds multiple applications in chemical industry and other industrial sectors. Castor plant is a native from the tropical belt of both India and Africa. India is among
Innovation Benchmarking in Sulfated Castor Oil Market
Introduction: Sulfated Castor oil, also known as sulfonated castor oil or Turkey red oil, is one of the derivatives of castor oil which is being extracted from the non-edible seeds of the castor plant. This plant is commercially cultivated for its seed oil which finds multiple applications in chemical industry and other industrial sectors. Castor plant is a native from the tropical belt of both India and Africa. India is among
Castor Market Key Manufacturers Analysis 2022
The Castor market can be split based on product types, major applications, and important regions. Major Players in Castor market are: Tongliao Weiyu Adani Group Girnar Industries Kanak Kisan Ambuja Bom Brazil Thai Castor Oil Kanghui ITOH Oil Chemicals Taj Agro Products NK Proteins Huanghe Youzhi Tongliao TongHua Gokul Overseas Adya Oil Xingtai Lantian RPK Agrotech Hewei Jayant Agro Organics Tianxing Get sample copy @ http://www.reportsweb.com/inquiry&RW00011140490/sample Major Regions play vital role in Castor market are: North America Europe China Japan Middle East & Africa India South America Others Most important types of Castor products covered in this report are: Food Grade Pharmaceutical/Cosmetic Grade Industril or
Castor Oil Derivatives Market Forecast 2012-2022: Hokoku, Bom Brazil, Kanak Cast …
Castor Oil Derivatives Market Research 2017 A market study ” Global Castor Oil Derivatives Market ” examines the performance of the Castor Oil Derivatives market 2017. It encloses an in-depth Research of the Castor Oil Derivatives market state and the competitive landscape globally. This report analyzes the potential of Castor Oil Derivatives market in the present and the future prospects from various angles in detail. The Global Castor Oil Derivatives Market 2017
Hydrogenated Castor Oil Market Outlook 2017 - Tonghua Castor Chemical, Gokul Ove …
Hydrogenated Castor Oil Market Research 2017 A market study ” Global Hydrogenated Castor Oil Market ” examines the performance of the Hydrogenated Castor Oil market 2017. It encloses an in-depth Research of the Hydrogenated Castor Oil market state and the competitive landscape globally. This report analyzes the potential of Hydrogenated Castor Oil market in the present and the future prospects from various angles in detail. The Global Hydrogenated Castor Oil Market 2017