Castor Oil and Derivatives - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Castor oil is a vegetable oil extracted from castor seeds. It is liquid at room temperature.Castor oil derivatives as long as include hydrogenated castor oil, oxidized castor oil, dehydrated castor oil, 12-hydroxystearic acid and so on.The global output of castor oil and its derivatives in 2018 was 730 kilotons, up 3% from 707 kilotons in 2017, and the market size grew at an average annual rate of 5% between 2018 and 2025.In 2018, India was the largest producer of castor oil and its derivatives, with output of 664 kilotons, accounting for 91% of the global market.China is the largest sales region, with sales volume of 222 thousand tons, accounting for 30% of the global market.The global market for castor oil and its derivatives is relatively concentrated, with the production share of 17 major enterprises reaching 76% and the market size accounting for 75% by 2018.The top five players in the market for castor Oil and its derivatives are Jayant Agro, NK Proteins, Adani Wilmar, RPK Agrotech and ITOH Oil Chemicals.Jayant Agro is firmly in the top spot, accounting for 26% of the market in 2018.The main product types in the global market of electric vehicle drive motors are castor oil, hydrogenated castor oil, dehydrated castor oil, 12-hydroxystearic acid and others.Globally, electric vehicle drive motors are mainly used in food, pharmaceuticals, cosmetics, industrial applications and other applications, with the largest proportion in industrial applications in 2018, accounting for 31%.

The global market for Castor Oil and Derivatives was estimated to be worth US$ 1467.9 million in 2023 and is forecast to a readjusted size of US$ 2059.9 million by 2030 with a CAGR of 4.9% during the forecast period 2024-2030

Global Castor Oil and Derivatives key players include Jayant Agro, NK Proteins, Adani Wilmar, etc. Global top three manufacturers hold a share over 50%.

India is the largest market, with a share over 90%, followed by China, and North America, both have a share over 5 percent.

In terms of product, Hydrogenated Castor Oil is the largest segment, with a share about 30%. And in terms of application, the largest application is Food, followed by Drug, Cosmetics, Industrial, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Castor Oil and Derivatives, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Castor Oil and Derivatives by region & country, by Type, and by Application.

The Castor Oil and Derivatives market size, estimations, and forecasts are provided in terms of sales volume (Kilo MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Castor Oil and Derivatives.

Market Segmentation


By Company


Jayant Agro

NK Proteins

Adani Wilmar

RPK Agrotech

ITOH Oil Chemicals

Thai Castor Oil

Hokoku Corporation

Gokul Overseas

SHANGHAI RIHAO CHEMICAL CO.,LTD.

Dongying Kanghui Industry and Trade Co. Ltd

Kisan Agro

Weiyubiological

TIAN XING BIOTECHNOLOGY

Ambuja Solvex

Adya Oil

Wen Shu Jxlan Yellow River oll CO, LTD

Girnar Industries


Segment by Type
:

Castor Oil

Hydrogenated Castor Oil

Oxidized Castor Oil

Dehydrated Castor Oil

12-hydroxystearic Acid

Others


Segment by Application


Food

Drug

Cosmetics

Industrial

Others

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Castor Oil and Derivatives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Castor Oil and Derivatives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Castor Oil and Derivatives in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Frequently Asked Questions