Castor oil is a vegetable oil derived from the seeds of castor plants. Castor oil is one of the most versatile plant oils available and contains a high amount of ricinoleic acid (over 80%) and oleic acid. Castor oil is pale yellow in color and is majorly used in the production of soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals, and perfumes.

1. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
Persistence Market Research
Castor Oil and Derivative Market: Global
Industry Analysis and Forecast 2014 - 2020
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2. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
Persistence Market Research Released New Market Report on “Castor Oil and Derivative
Market: Global Industry Analysis and Forecast 2014 - 2020”.
Castor oil is a vegetable oil derived from the seeds of castor plants. Castor oil is one of the most
versatile plant oils available and contains a high amount of ricinoleic acid (over 80%) and oleic
acid. Castor oil is pale yellow in color and is majorly used in the production of soaps, lubricants,
hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and
polishes, nylon, pharmaceuticals, and perfumes.
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derivative-market.asp
Based on the type, castor oil and its derivative market can be broadly categorized as
Hydrogenated Castor Oil (HCO), 12-Hydroxy Stearic Acid (12 HAS), Methyl 12 HSA (Hydroxy
Stearate Acid), COLM (Urethane Grade), Ethoxylated Castor Oil, Dehydrated castor oil, Castor
wax, C-7 Derivatives of Castor Oil, C 11 Derivatives of Castor Oil, and C 18 Derivatives of
Castor Oil. The C-7 derivatives of castor oil include Heptanoic Acid, Heptaldehyde, and Heptyl
Alcohol (Heptanol). C-11 derivatives of castor oil include undecylenic acid and zinc
undecylenate, whereas C-18 derivative of castor oil include Ricinoleic acid, Methyl ricinoleate,
Sebacic acid, and 2-octanol. Sebacic acid and dehydrated castor oil are among the major
revenue generators in the global castor oil market. Large-scale adoption of sebacic acid in
plasticizers, lubricants, hydraulic fluids, cosmetics, and manufacturing of candles is catalyzing
its growth in the global market. Castor wax is the fastest growing type of castor oil. Due to the
growing acceptance of castor wax in applications such as cosmetics, lubrication, coatings and
greases, its demand is witnessing a massive surge.
Based on the end-user application areas, the global castor oil market can be segmented into:
lubricants, surface coatings, biodiesel, cosmetics and pharmaceuticals, plastics and resins, and
others. Cosmetics and pharmaceuticals followed by surface coatings, and plastics and resin
industry are the largest consumers of castor oil whereas the surface coatings industry is the
fastest growing end-user for the castor oil. Castor oil has a low significance in the biodiesel
industry as the production cost of castor oil is higher as compared to other biofuels.
Asia Pacific is the largest consumer of castor oil and is expected to retain the higher growth rate
during the next few years due to strong growth in surface coatings, pharmaceuticals, and
cosmetics industry. Increasing demand for renewable fuel sources is making the Asia Pacific
castor oil market seem more lucrative. China and India have witnessed a major chunk of the
production and consumption of castor oil in the Asia Pacific region. Easy availability of key raw
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3. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
material (castor oil seed) in abundance is leading to a surge in the production of castor oil in
China and India. India is the largest producer and exporter of castor oil, accounting for over 60%
share in 2013. The castor oil market in Europe is growing on the back of rising demand of bio
based cosmetic production, whereas the demand for castor oil in North America is driven by the
strong consumption of biodiesel.
Some leading players operating in the global castor oil and its derivative market include Thai
Castor Oil Industries Co. Ltd., ITOH Oil Chemicals Co. Ltd., Jayant Agro Organics, Hokoku
Corporation, RPK Agrotech, Xingtai Lantian Fine Chemical Co. Ltd., Tongliao TongHua Castor
Chemical Co. Ltd., Taj Agro Products, Kanak Castor Products Pvt. Ltd., Adani Wilmar, NK
Proteins, Liaoyang Huaxing Chemical Co., Ltd., Enovel, Bom Brazil, and Gokul Overseas.
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Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as
applicable)
2) The report covers geographic segmentation
North America
Europe
Asia
RoW
3) The report provides the market size and forecast for the different segments and geographies
for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the
market
5) The report also provides porters five forces analysis of the market.-
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4. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
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5. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
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Key points covered in the report:-
1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
 North America
 Europe
 Asia
 RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
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6. Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 -
2020
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