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Global Castor Oil and Derivatives Industry 2020


Market Share and Size, Trends and Growth, Analysis
and Forecast

Global castor oil and derivatives market is expected to reach USD 1.81 billion by 2020. Growth of key
end-use industries including biodiesel, lubricants and cosmetics is expected to drive the global castor oil
and derivatives market. Volatile crude oil prices have prompted a strong shift towards substitution of
conventional fuel by bio fuels which is also expected to have a positive influence on the market growth.
Threat from other vegetable oils in terms of price and application scope is expected to remain a key
challenge for market participants. High dependency on seasonality for better crop yield is also expected
to hinder the market growth.
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Further key findings from the study suggest:
Global castor oil and derivatives demand was 674 kilo tons in 2013 and is expected to reach 898 kilo
tons by 2020, growing at a CAGR of 4.4% from 2014 to 2020.
Cosmetics & pharmaceuticals was the largest application segment and accounted for over 25% of total
market volume in 2013. Growing demand for bio ingredient based cosmetics is expected to remain a key
driver for this segment. Cosmetics & pharmaceuticals is also expected to witness the highest growth
rate over the next six years. The segment is expected to grow at an estimated CAGR of 4.7% from 2014
to 2020.
Asia Pacific emerged as the largest regional market and accounted for 57.2% of total market volume in
2013. Growth of personal care industry coupled with increasing healthcare expenditure particularly in

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China and India is expected to drive the regional demand. Asia Pacific is also expected to witness the
highest growth rate over the forecast period. The region is expected to grow at an estimated CAGR of
4.7% from 2014 to 2020. Presence of sophisticated healthcare infrastructure coupled with growing
biodiesel production in most parts of North America and Europe is expected to drive respective regional
markets.
Table Of Content
Chapter 1. Executive Summary
1.1. Castor Oil & Derivatives- Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Castor Oil & Derivatives Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Castor Oil & Derivatives Value Chain Analysis
2.4. Castor Oil & Derivatives Market Dynamics
2.5. Key Opportunities Prioritized
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Chapter 3. Castor Oil & Derivatives Product Outlook
3.1. Global Castor Oil & Derivatives Market Share by Product, 2013 & 2020
3.2. Sebacic Acid
3.3. Undecylenic Acid
3.4. Dehydrated Castor Oil
3.5. Others
Chapter 4. Castor Oil & Derivatives Application Outlook
4.1. Global Castor Oil & Derivatives Market Share by Application, 2012-2020
4.2. Lubricants
4.3. Surface Coatings
4.4. Biodiesel
4.5. Cosmetics & Pharmaceuticals
Chapter 5. Castor Oil & Derivatives Regional Outlook
5.1. Global Castor Oil & Derivatives Market Share by Region, 2012-2020
5.2. North America
5.3. Europe
5.4. Asia Pacific
5.5. RoW
Chapter 6. Competitive Landscape
6.1. Thai Castor Oil Industries Co. Ltd.

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6.2. ITOH Oil Chemicals Co. Ltd.
6.3. Jayant Agro Organics
6.4. Hokoku Corporation
6.5. RPK Agrotech
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