Global Castor Oil Derivatives Market Insights and Forecast to 2028

Castor oil is the plant oil that has multipurpose usage. Castor oil is obtained by pressing the castor oil plant seed. As castor oil and its derivatives have distinctive chemical structure and enriching properties they are used in many industries such as cosmetics, food, pharmaceuticals, plastics and rubber, inks & adhesives, lubricants, paints, electronics & telecommunications, agriculture, perfumeries, After plant oils it is the castor oil that is considered to be the most required oil.
Market Analysis and Insights: Global Castor Oil Derivatives Market
Due to the COVID-19 pandemic, the global Castor Oil Derivatives market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Hydrogenated Castor Oil accounting for % of the Castor Oil Derivatives global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Lubricants segment is altered to an % CAGR throughout this forecast period.
China Castor Oil Derivatives market size is valued at US$ million in 2021, while the US and Europe Castor Oil Derivatives are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Castor Oil Derivatives landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Castor Oil Derivatives include Liaoyang Huaxing Chemical, ITOH Oil Chemicals, Kanak Castor Products, Hokoku Corporation, Thai Castor Oil Industries, Jayant Agro Organics, Arvalli Castor Derivaties, Royal Castor Products and NK Industries and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Castor Oil Derivatives capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Castor Oil Derivatives by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Castor Oil Derivatives Scope and Segment
Castor Oil Derivatives market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Castor Oil Derivatives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hydrogenated Castor Oil
Dehydrated Castor Oil
Undecylenic Acid
Sebacic Acid
Others
Segment by Application
Lubricants
Biodiesel
Cosmetics & Pharmaceuticals
Plastics
Others
By Company
Liaoyang Huaxing Chemical
ITOH Oil Chemicals
Kanak Castor Products
Hokoku Corporation
Thai Castor Oil Industries
Jayant Agro Organics
Arvalli Castor Derivaties
Royal Castor Products
NK Industries
Cristol
Production by Region
North America
Europe
China
Japan
Consumption 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
U.A.E

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