Global Castor Oil and Its Derivatives Market 2024-2028

Description

List of Tables

The castor oil and its derivatives market is forecasted to grow by USD 726.6 mn 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.

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.

Technavio's castor oil and its derivatives market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.23%
CAGR	4.5%
Incremental Value	$726.6 mn

By Product

Sebacic acid
Undecylenic acid
Castor wax
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the use of castor oil as source of biodiesel as one of the prime reasons driving the castor oil and its derivatives market growth during the next few years. Also, high potential for producing bioplastics and biopolymers and increase in castor crop production in india will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading castor oil and its derivatives market vendors that include 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. Also, the castor oil and its derivatives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.

Product Code: IRTNTR73248

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Castor Oil And Its Derivatives Market 2018 - 2022
- Historic Market Size - Data Table on Global Castor Oil And Its Derivatives Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Sebacic acid - Market size and forecast 2023-2028
- Chart on Sebacic acid - Market size and forecast 2023-2028 ($ million)
- Data Table on Sebacic acid - Market size and forecast 2023-2028 ($ million)
- Chart on Sebacic acid - Year-over-year growth 2023-2028 (%)
- Data Table on Sebacic acid - Year-over-year growth 2023-2028 (%)
6.4 Undecylenic acid - Market size and forecast 2023-2028
- Chart on Undecylenic acid - Market size and forecast 2023-2028 ($ million)
- Data Table on Undecylenic acid - Market size and forecast 2023-2028 ($ million)
- Chart on Undecylenic acid - Year-over-year growth 2023-2028 (%)
- Data Table on Undecylenic acid - Year-over-year growth 2023-2028 (%)
6.5 Castor wax - Market size and forecast 2023-2028
- Chart on Castor wax - Market size and forecast 2023-2028 ($ million)
- Data Table on Castor wax - Market size and forecast 2023-2028 ($ million)
- Chart on Castor wax - Year-over-year growth 2023-2028 (%)
- Data Table on Castor wax - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Customer Landscape

7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
8.10 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
8.11 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
8.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Adani Wilmar Ltd.
- Adani Wilmar Ltd. - Overview
- Adani Wilmar Ltd. - Business segments
- Adani Wilmar Ltd. - Key offerings
- Adani Wilmar Ltd. - Segment focus
11.4 Alberdingk Boley GmbH
- Alberdingk Boley GmbH - Overview
- Alberdingk Boley GmbH - Product / Service
- Alberdingk Boley GmbH - Key offerings
11.5 Ambuja Solvex Pvt. Ltd.
- Ambuja Solvex Pvt. Ltd. - Overview
- Ambuja Solvex Pvt. Ltd. - Product / Service
- Ambuja Solvex Pvt. Ltd. - Key offerings
11.6 Girnar Industries
- Girnar Industries - Overview
- Girnar Industries - Product / Service
- Girnar Industries - Key offerings
11.7 Gokul Agro Resources
- Gokul Agro Resources - Overview
- Gokul Agro Resources - Product / Service
- Gokul Agro Resources - Key offerings
11.8 HOKOKU Corp.
- HOKOKU Corp. - Overview
- HOKOKU Corp. - Product / Service
- HOKOKU Corp. - Key offerings
11.9 ITOH OIL CHEMICALS CO. LTD.
- ITOH OIL CHEMICALS CO. LTD. - Overview
- ITOH OIL CHEMICALS CO. LTD. - Product / Service
- ITOH OIL CHEMICALS CO. LTD. - Key offerings
11.10 Jayant Agro Organics Ltd.
- Jayant Agro Organics Ltd. - Overview
- Jayant Agro Organics Ltd. - Business segments
- Jayant Agro Organics Ltd. - Key offerings
- Jayant Agro Organics Ltd. - Segment focus
11.11 N.K. Industries Ltd.
- N.K. Industries Ltd. - Overview
- N.K. Industries Ltd. - Product / Service
- N.K. Industries Ltd. - Key offerings
11.12 Thai Castor Oil Industries Co. Ltd.
- Thai Castor Oil Industries Co. Ltd. - Overview
- Thai Castor Oil Industries Co. Ltd. - Product / Service
- Thai Castor Oil Industries Co. Ltd. - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations