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Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Castor oil is a versatile vegetable oil that is extracted from the seeds of the castor oil plant which is also known as “Ricinus Communis”. Castor oil currently finds its way into innumerable applications. The oil is used in the manufacturing of brake fluids, caulks, adhesives, dyes, electrical liquids, lubricating greases, machining oils, paints, pigments, inks, surfactants, soaps, polishes, flypapers, textiles, washing powders, waxes, etc. In the food industry, castor oil is widely used as an additive for flavouring and also as a mould inhibitor. Castor oil also has applications in the pharmaceutical, cosmetics, defence and the electronics & telecommunications industry. According to IMARC Group, the global castor oil market is expected to grow at a CAGR of around 4.3% during 2018-2023.

IMARC Group’s latest study “Castor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides a comprehensive insight into the global castor oil market and its manufacturing requirements. The report has segmented the market on the basis of major regions. Currently, India represents the world’s largest producer followed by China and Brazil. The report has also analysed some of the major players operating in this market. The report finds that most of the manufacturers are currently concentrated in India as it is the largest producer of castor seeds as well as castor oil.

The report provides a detailed roadmap for setting up a castor oil manufacturing plant. The study, done by one of the world’s leading research and advisory firms, covers all the prerequisites of the castor oil market and provides an in-depth analysis of the market, industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the castor oil market in any manner.

Key Questions Answered in This Report?

How has the castor oil market performed so far and how will it perform in the coming years?
What are the key regional markets in the global castor oil industry?
What are the key end-use industries for castor oil?
What are the price trends of castor oil?
What are the various stages in the value chain of the castor oil industry?
What are the key driving factors and challenges in the castor oil industry?
What is the structure of the castor oil industry and who are the key players?
What is the degree of competition in the castor oil industry?
What are the profit margins in the castor oil industry?
What are the key requirements for setting up a castor oil manufacturing plant?
How is castor oil manufactured?
What are the various unit operations involved in a castor oil plant?
What is the total size of land required for setting up a castor oil plant?
What are the machinery requirements for setting up a castor oil plant?
What are the raw material requirements for setting up a castor oil plant?
What are the packaging requirements for castor oil?
What are the transportation requirements for castor oil?
What are the utility requirements for setting up a castor oil plant?
What are the manpower requirements for setting up a castor oil plant?
What are the infrastructure costs for setting up a castor oil plant?
What are the capital costs for setting up a castor oil plant?
What are the operating costs for setting up a castor oil plant?
What will be the income and expenditures for a castor oil plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Castor Seed Industry
5.1 Market Overview
5.2 Production Volume Trends
5.3 Market Breakup by Region
5.4 Market Forecast
6 Global Castor Oil Industry
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Trends
6.4 Market Breakup by Region
6.5 Market Breakup by End Use
6.6 Market Forecast
6.7 SWOT Analysis
6.7.1 Strengths
6.7.2 Weaknesses
6.7.3 Opportunities
6.7.4 Threats
6.8 Value Chain Analysis
6.9 Porter’s Five Forces Analysis
6.9.1 Overview
6.9.2 Bargaining Power of Buyers
6.9.3 Bargaining Power of Suppliers
6.9.4 Degree of Competition
6.9.5 Threat of New Entrants
6.9.6 Threat of Substitutes
6.10 Key Market Drivers and Success Factors
7 Performance of Key Regions
7.1 China
7.2 Europe
7.3 India
7.4 United States
7.5 Brazil
8 Market by End Use
8.1 Pharmaceuticals
8.2 Lubricants
8.3 Paints
8.4 Soaps
8.5 Others
9 Competitive Landscape
9.1 Competitive Structure
9.2 Market Share of Key Players
10 Castor Oil Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Layout
11.4 Plant Machinery
11.5 Machinery Pictures
11.6 Raw Material Requirements and Expenditures
11.7 Raw Material and Final Product Pictures
11.8 Packaging Requirements and Expenditures
11.9 Transportation Requirements and Expenditures
11.10 Utility Requirements and Expenditures
11.11 Manpower Requirements and Expenditures
11.12 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
List of Figures
Figure 1: Global: Castor Seed Industry Overview
Figure 2: Global: Castor Seed Market: Production Volume Trends (in ‘000 Tons), 2010-2017
Figure 3: Global: Castor Seed Market: Breakup by Region (in %), 2017
Figure 4: Global: Castor Seed Market Forecast: Volume Trends (in ‘000 Tons), 2018-2023
Figure 5: Global: Castor Oil Industry Overview
Figure 6: Global: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2010-2017
Figure 7: Global: Castor Oil Market: Value Trends (in Million US$), 2010 & 2017
Figure 8: Castor Oil Price Trends (in US$/Ton), 2010 & 2017
Figure 9: Global: Castor Oil Market: Production Breakup by Region (in %), 2017
Figure 10: Global: Castor Oil Market: Consumption Breakup by Region (in %), 2017
Figure 11: Global: Castor Oil Market: Breakup by End Use (in %), 2017
Figure 12: Global: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2018-2023
Figure 13: Global: Castor Oil Market Forecast: Value Trends (in Million US$), 2018-2023
Figure 14: Global: Castor Oil Industry: SWOT Analysis
Figure 15: Global: Castor Oil Industry: Value Chain Analysis
Figure 16: Global: Castor Oil Industry: Porter’s Five Forces Analysis
Figure 17: China: Castor Oil Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 18: Europe: Castor Oil Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 19: India: Castor Oil Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 20: United States: Castor Oil Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 21: Brazil: Castor Oil Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 22: Global Castor Oil Market: Pharmaceutical Applications (in ‘000 Tons), 2010, 2017 & 2023
Figure 23: Global Castor Oil Market: Lubricant Applications (in ‘000 Tons), 2010, 2017 & 2023
Figure 24: Global Castor Oil Market: Paint Applications (in ‘000 Tons), 2010, 2017 & 2023
Figure 25: Global Castor Oil Market: Soap Applications (in ‘000 Tons), 2010, 2017 & 2023
Figure 26: Castor Oil Manufacturing Plant: Detailed Process Flow
Figure 27: Castor Oil Manufacturing Process: Conversion Rate of Products
Figure 28: Castor Oil Manufacturing Process: Proposed Plant Layout
Figure 29: Castor Oil Manufacturing Plant: Packaging Requirement
Figure 30: Castor Oil Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 31: Castor Oil Industry: Profit Margins at Various Levels of the Supply Chain
Figure 32: Castor Oil Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Castor Seed Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Castor Seed Market Forecast: Breakup by Region, 2018-2023
Table 3: Global: Castor Oil Market: Key Industry Highlights, 2017 and 2023
Table 4: Global: Castor Oil Market Forecast: Breakup by Region, 2018-2023
Table 5: Global: Castor Oil Market: Market Forecast by End Use, 2018-2023
Table 6: Castor Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Castor Oil Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 8: Castor Oil Manufacturing Plant: Costs Related to Machinery (in US$)
Table 9: Castor Oil Manufacturing Plant: Raw Material Requirements
Table 10: Castor Oil Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 11: Castor Oil Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Details of Financial Assistance Offered by Financial Institutions
Table 13: Castor Oil Manufacturing Plant: Capital Costs (in US$)
Table 14: Castor Oil Manufacturing Plant: Techno-Economic Parameters
Table 15: Castor Oil Manufacturing Plant: Taxation and Depreciation
Table 16: Castor Oil Manufacturing Plant: Income Projections (in US$)
Table 17: Castor Oil Manufacturing Plant: Expenditure Projections (in US$)
Table 18: Castor Oil Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 19: Castor Oil Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 20: Castor Oil Manufacturing Plant: Profit and Loss Account

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