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Global Castor Oil and its Derivatives Market 2018-2022

Global Castor Oil and its Derivatives Market 2018-2022

About this market

The increasing demand for petroleum products had led to a hike in petrol and diesel prices and shifted the focus to biofuel production. Biofuels are used for running automobiles, heavy machinery, generators, and other equipment due to the depletion of natural resources. Castor oil is easily availed, renewable and cheap and it is a suitable raw material for producing biodiesel fuel. In addition, the increasing price of petroleum and environment concerns regarding vehicular emissions have increased its use. Therefore, the increasing consumption of biodiesel will propel the growth of global castor oil and its derivates market during the forecast period. Technavio’s market research analysts have predicted that the global castor oil and its derivatives market will register a CAGR of more than 5% by 2022.

Market Overview

Increasing demand for castor oil and its derivatives in major end- use industries

Castor oil derived from castor seeds is one of the major commercial feedstock for manufacturing a variety of industrial chemicals, which is used in pharmaceuticals, cosmetics, personal care, surfactants, lubricants, surface coatings and others. Additionally, castor oil is used as an antifreeze for fuels and lubricants that are used in aircraft and space rocket.

Fluctuations in castor oil prices caused by extreme dependence on climate

Price fluctuations and changing climatic conditions can lead to an imbalance in the supply chain of castor seeds. Fluctuations in raw materials prices, owning to the availability of inexpensive substitutes, as well as the widening supply- demand gap because of long storage and hoarding period pose a serious challenge in the market.

For the detailed list of factors that will drive and challenge the growth of the castor oil and its derivatives market during the 2018-2022, view our report.

Competitive Landscape

The castor oil and its derivatives market are slightly fragmented since the market has a considerable number of companies. The increasing demand for increasing demand for petroleum products will intensify the market growth during our forecast period. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Segments of global renewable chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global castor oil and its derivatives - Market size and forecast 2017-2022 ($ millions)
      • Table Global castor oil and its derivatives - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Sebacic acid - Market size and forecast 2017-2022
      • Table Sebacic acid - Market size and forecast 2017-2022 ($ millions)
      • Table Sebacic acid - Year-over-year growth 2018-2022 (%)
    • Undecylenic acid - Market size and forecast 2017- 2022
      • Table Undecylenic acid - Market size and forecast 2017-2022 ($ millions)
      • Table Undecylenic acid - Year-over-year growth 2018-2022 (%)
    • Castor wax - Market size and forecast 2017-2022
      • Table Castor wax - Market size and forecast 2017-2022 ($ millions)
      • Table Castor wax - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ millions)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global castor oil and its derivatives - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Use of castor oil as a source of biodiesel
    • High potential for producing bioplastics and biopolymers
    • Increase in castor crop production in India
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arkema
      • Table Arkema: Vendor overview
      • Table Arkema - Business segments
      • Table Arkema - Organizational developments
      • Table Arkema - Geographic focus
      • Table Arkema - Segment focus
      • Table Arkema - Key offerings
    • Gokul Agro Resources
      • Table Vendor overview - Gokul Agro Resources
      • Table Gokul Agro Resources- Product segments
      • Table Gokul Agro Resources- Key offerings
    • HOKOKU
      • Table Vendor overview – HOKOKU
      • Table HOKOKU - Product segments
      • Table HOKOKU - Key offerings
    • JAYANT AGRO-ORGANICS
      • Table Vendor overview - JAYANT AGRO-ORGANICS
      • Table JAYANT AGRO-ORGANICS- Business segments
      • Table JAYANT AGRO-ORGANICS- Organizational developments
      • Table JAYANT AGRO-ORGANICS - Segment focus
      • Table JAYANT AGRO-ORGANICS - Key offerings
    • NK Industries
      • Table Vendor overview - NK Industries
      • Table NK Industries- Business segments
      • Table NK Industries - Key offerings
    • Thai Castor Oil Industries
      • Table Vendor overview - Thai Castor Oil Industries
      • Table Thai Castor Oil Industries- Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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