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 Castor Oil and Derivatives market was valued at US$ 1334 million in 2019 and is expected to reach US$ 1864.6 million by the end of 2026, growing at a CAGR of 4.9% during 2021-2026.
This report focuses on Castor Oil and Derivatives volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Castor Oil and Derivatives market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Castor Oil and Derivatives Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Castor Oil
Hydrogenated Castor Oil
Oxidized Castor Oil
Dehydrated Castor Oil
12-hydroxystearic Acid
Segment by Application
Food
Drug
Cosmetics
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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
The global Castor Oil and Derivatives market was valued at US$ 1334 million in 2019 and is expected to reach US$ 1864.6 million by the end of 2026, growing at a CAGR of 4.9% during 2021-2026.
This report focuses on Castor Oil and Derivatives volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Castor Oil and Derivatives market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Castor Oil and Derivatives Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Castor Oil
Hydrogenated Castor Oil
Oxidized Castor Oil
Dehydrated Castor Oil
12-hydroxystearic Acid
Segment by Application
Food
Drug
Cosmetics
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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