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Global Castor Oil Market Growth 2019-2024

Global Castor Oil Market Growth 2019-2024

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Global Castor Oil Market Growth 2019-2024
Global Castor Oil Market Growth...
Report Code
RO1/109/1327

Publish Date
04/Feb/2019

Pages
178
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Castor oil is is a pale yellow vegetable oil that is extracted from castor seeds. Castor oil is mainly used in preservative, medicine, lubrication etc.

Currently, India is the largest producer of castor seeds and accounts for over 80% of the global production, followed by China and Brazil.
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 pharmaceuticals and cosmetics industry. China and India have witnessed a major chunk of the production and consumption of castor oil in the Asia Pacific region.
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.

According to this study, over the next five years the Castor Oil market will register a 4.1% CAGR in terms of revenue, the global market size will reach USD 1500 million by 2024, from USD 1180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Castor Oil business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Castor Oil market by product type, application, key manufacturers and key regions and countries.

This study considers the Castor Oil value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Pharmaceutical/cosmetic Grade
Industry Grade
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Pharmaceuticals and Cosmetics Industry
Industrial

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
NK Proteins
Jayant Agro Organics
Ambuja
Adani Group
RPK Agrotech
Gokul Overseas
Kanak
Adya Oil
Taj Agro Products
Girnar Industries
Bom Brazil
Kisan
Thai Castor Oil
ITOH Oil Chemicals
Tongliao TongHua
Tongliao Weiyu
Tianxing
Kanghui
Huanghe Youzhi
Xingtai Lantian
Hewei

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Castor Oil consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Castor Oil market by identifying its various subsegments.
Focuses on the key global Castor Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Castor Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Castor Oil submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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