openPR Logo
Press release

Castor Oil Market Trends and Opportunities for the Industry by 2025

12-18-2017 08:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Castor Oil Market Trends and Opportunities for the Industry

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.

Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21047

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.

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.

Obtain Report Details @ https://www.transparencymarketresearch.com/castor-oil-market.html

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.

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 market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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 Castor Oil Market Trends and Opportunities for the Industry by 2025 here

News-ID: 864641 • Views: 183

More Releases from Transparency Market Research

Impact of Outbreak of COVID-19 on Medical Education Market : Global Industry Ana …
Transparency Market Research (TMR) has published a new report on the medical education market for the period of 2019–2027. According to the report, the global medical education market was valued at nearly US$ 31 Bn in 2018, and is projected to expand at a CAGR of more than 4% from 2019 to 2027. Rise in the number of medical schools and increase in cost of medical education are the
Healthcare BI Platform Market Companies Analysis, Advancement and Precise Outloo …
In an intensely competitive healthcare business intelligence (BI) platform market, large players are aggressively focused on expanding their geographical outreach, says Transparency Market Research (TMR) in a new market intelligence report. These large players are leveraging the cloud business model to provide healthcare BI solutions that can be accessed irrespective of location. Apart from this, savvy players are entering into partnerships with hospital groups and healthcare bodies to integrate healthcare BI
Substance Abuse Treatment Market News Research Report 2024
A recent report by Transparency Market Research on the substance abuse treatment market in the U.S. states that the competitive landscape is highly fragmented. This is because around 242 companies compete against one another in it. This also makes overall competition stiff. Some of the companies that have beat competition to emerge as leading players in the market are Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., and Purdue Pharma LP. Their
Clinical Oncology Next Generation Sequencing Market is Thriving Worldwide By Siz …
Clinical Oncology Next Generation Sequencing: Introduction Next generation sequencing for tumor and germline DNA is required for oncology screening for therapeutic application. Rise in burden of cancer increases the need for early detection of the condition to carry out the generate target therapy. Companies are investing to develop technologically advanced devices/solutions for precision detection. In 2012, Oxford Nanopore had launched the GridION sequencing platform, which can sequence a human genome in 15

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