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The castor oil and its derivatives market is forecasted to grow by USD 726.6 million during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the castor oil and its derivatives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for castor oil and its derivatives in major end-use industries, health benefits of castor oil, and fluctuations in crude oil prices and increasing demand for renewable chemicals.
The castor oil and its derivatives market is segmented as below:
By Product
- Sebacic acid
- Undecylenic acid
- Castor wax
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the castor oil and its derivatives market covers the following areas:
- Castor oil and its derivatives market sizing
- Castor oil and its derivatives market forecast
- Castor oil and its derivatives market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global castor oil and its derivatives market: Adani Wilmar Ltd., Alberdingk Boley GmbH, Ambuja Solvex Pvt. Ltd., Apple Food Industries, Arkema SA, Girnar Industries, Globexo India, Gokul Agri International Ltd., Gokul Agro Resources, HOKOKU Corp., Inner Mongolia Weiyu Biotech Co. Ltd., ITOH OIL CHEMICALS CO. LTD., Jayant Agro Organics Ltd., Krishna Antioxidants Pvt. Ltd., N.K. Industries Ltd., Royal Castor Products Ltd., Taj Agro Products Ltd., Thai Castor Oil Industries Co. Ltd., The Chemical Co., and Vertellus Holdings LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of castor oil as source of biodiesel."
According to the report, one of the major drivers for this market is the increasing demand for castor oil and its derivatives in major end-use industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adani Wilmar Ltd.
- Alberdingk Boley GmbH
- Ambuja Solvex Pvt. Ltd.
- Apple Food Industries
- Arkema SA
- Girnar Industries
- Globexo India
- Gokul Agri International Ltd.
- Gokul Agro Resources
- HOKOKU Corp.
- Inner Mongolia Weiyu Biotech Co. Ltd.
- ITOH OIL CHEMICALS Co. Ltd.
- Jayant Agro Organics Ltd.
- Krishna Antioxidants Pvt. Ltd.
- N.K. Industries Ltd.
- Royal Castor Products Ltd.
- Taj Agro Products Ltd.
- Thai Castor Oil Industries Co. Ltd.
- The Chemical Co.
- Vertellus Holdings LLC
