Castor Oil and its Derivatives Market to record USD 811.08 Mn, Evolving Opportunities with Adani Wilmar Ltd. and Alberdingk Boley GmbH

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- The global castor oil and its derivatives market size is expected to grow by USD 811.08 million, accelerating at a CAGR of 4.94% during the forecast period. The report identifies Adani Wilmar Ltd., Alberdingk Boley GmbH, Ambuja Solvex Pvt. Ltd., Apple Food Industries, and Arkema SA, Girnar Industries among others as some of the key market players. The market is fragmented due to the presence of international, regional, and local vendors. Major vendors are making significant investments in R&D to maintain their dominant positions. Get detailed insights on the market size, competitive analysis, growth across various segments, and other important statistics. Buy Report
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The market is segmented as follows:

Castor Oil And Its Derivatives Market by Product

• Sebacic acid - size and forecast 2021-2026
• Undecylenic acid - size and forecast 2021-2026
• Castor wax - size and forecast 2021-2026
• Others - size and forecast 2021-2026

The market growth in sebacic acid was significant in 2021. The sebacic acid segment will maintain its dominant position during the forecast period. The segment is driven by the use of sebacic acid in a wide range of applications such as polymer production, cosmetics, lubricants, plasticizers, corrosion inhibitors, thickening agents, anti-corrosion applications, and antifreeze coolants. In addition, the use of sebacic acid as a buffering agent in cosmetic applications is contributing to the growth of the segment.

Castor Oil And Its Derivatives Market by Geography

• APAC - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• North America - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• The Middle East and Africa - size and forecast 2021-2026

The market will generate maximum revenue in APAC. The region will account for 42% of the global market share over the forecast period. The rapid growth of the cosmetics and personal care, pharmaceutical, and lubricant industry is the key factor driving the regional market. In addition, increased healthcare expenditure, especially in developing countries such as China and India will further foster the growth of the castor oil and its derivates market in APAC.

The market is driven by the increasing demand for castor oil and its derivatives in major end-user industries. Castor oil and its derivatives are used in a wide range of applications across various industries such as pharmaceuticals, cosmetics, personal care, surfactants, lubricants, surface coatings, biodiesel, food and beverages, and others. For instance, in the pharmaceutical industry, castor oil is used as a laxative and a soothing agent. Ricinoleic acid, a castor oil derivative, is used for forming stable emulsions of non-polar materials in various aqueous systems. In the automobile industry, castor oil and its derivatives are used extensively in the manufacture of lubricants. Many such applications across various industries are driving the growth of the global castor oil and its additives market.

In addition, the use of castor oil as a source of biodiesel is anticipated to further boost the growth of castor oil and its derivatives market. However, fluctuations in the prices of castor oil and its derivatives might reduce the growth potential in the market.

Major Vendors Covered in the Report:

• 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

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Related Reports:

• Ricinoleic Acid Market by End-user and Geography - Forecast and Analysis 2022-2026
• Sebacic Acid Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

Table of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Sebacic acid - Market size and forecast 2021-2026
• Exhibit 28: Chart on Sebacic acid - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Sebacic acid - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Sebacic acid - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Sebacic acid - Year-over-year growth 2021-2026 (%)

• 5.4 Undecylenic acid - Market size and forecast 2021-2026
• Exhibit 32: Chart on Undecylenic acid - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Undecylenic acid - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Undecylenic acid - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Undecylenic acid - Year-over-year growth 2021-2026 (%)

• 5.5 Castor wax - Market size and forecast 2021-2026
• Exhibit 36: Chart on Castor wax - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Castor wax - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Castor wax - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Castor wax - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Product 
• Exhibit 44: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.10 US - Market size and forecast 2021-2026
• Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.11 Brazil - Market size and forecast 2021-2026
• Exhibit 82: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Brazil - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Brazil - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Adani Wilmar Ltd. 
• Exhibit 97: Adani Wilmar Ltd. - Overview
• Exhibit 98: Adani Wilmar Ltd. - Product / Service
• Exhibit 99: Adani Wilmar Ltd. - Key offerings

• 10.4 Alberdingk Boley GmbH 
• Exhibit 100: Alberdingk Boley GmbH - Overview
• Exhibit 101: Alberdingk Boley GmbH - Product / Service
• Exhibit 102: Alberdingk Boley GmbH - Key offerings

• 10.5 Ambuja Solvex Pvt. Ltd. 
• Exhibit 103: Ambuja Solvex Pvt. Ltd. - Overview
• Exhibit 104: Ambuja Solvex Pvt. Ltd. - Product / Service
• Exhibit 105: Ambuja Solvex Pvt. Ltd. - Key offerings

• 10.6 Girnar Industries 
• Exhibit 106: Girnar Industries - Overview
• Exhibit 107: Girnar Industries - Product / Service
• Exhibit 108: Girnar Industries - Key offerings

• 10.7 Gokul Agro Resources 
• Exhibit 109: Gokul Agro Resources - Overview
• Exhibit 110: Gokul Agro Resources - Product / Service
• Exhibit 111: Gokul Agro Resources - Key offerings

• 10.8 HOKOKU Corp. 
• Exhibit 112: HOKOKU Corp. - Overview
• Exhibit 113: HOKOKU Corp. - Product / Service
• Exhibit 114: HOKOKU Corp. - Key offerings

• 10.9 ITOH OIL CHEMICALS Co. Ltd. 
• Exhibit 115: ITOH OIL CHEMICALS Co. Ltd. - Overview
• Exhibit 116: ITOH OIL CHEMICALS Co. Ltd. - Product / Service
• Exhibit 117: ITOH OIL CHEMICALS Co. Ltd. - Key offerings

• 10.10 Jayant Agro Organics Ltd. 
• Exhibit 118: Jayant Agro Organics Ltd. - Overview
• Exhibit 119: Jayant Agro Organics Ltd. - Business segments
• Exhibit 120: Jayant Agro Organics Ltd. - Key news
• Exhibit 121: Jayant Agro Organics Ltd. - Key offerings
• Exhibit 122: Jayant Agro Organics Ltd. - Segment focus

• 10.11 N.K. Industries Ltd. 
• Exhibit 123: N.K. Industries Ltd. - Overview
• Exhibit 124: N.K. Industries Ltd. - Product / Service
• Exhibit 125: N.K. Industries Ltd. - Key offerings

• 10.12 Thai Castor Oil Industries Co. Ltd. 
• Exhibit 126: Thai Castor Oil Industries Co. Ltd. - Overview
• Exhibit 127: Thai Castor Oil Industries Co. Ltd. - Product / Service
• Exhibit 128: Thai Castor Oil Industries Co. Ltd. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 129: Inclusions checklist
• Exhibit 130: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 131: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 132: Research methodology
• Exhibit 133: Validation techniques employed for market sizing
• Exhibit 134: Information sources

• 11.5 List of abbreviations 
• Exhibit 135: List of abbreviations

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