Global Castor Oil and its Derivatives Market (2018-2022) to Record a CAGR of More Than 5%
Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "Global Castor Oil and its Derivatives Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global castor oil and its derivatives market will register a CAGR of more than 5% by 2022.
The latest trend gaining momentum in the market is the use of castor oil as a source of biodiesel. The increased price of petroleum and environmental; concerns regarding vehicular emissions have increased its use.
According to the report, one of the major drivers for this market is the increasing demand for castor oil and its derivatives in major end- use industries. Castor oil derived from castor seeds is oil of the major commercial feedstock for manufacturing a variety of industrial chemicals which is used in pharmaceuticals, cosmetics, personal care, surfactants, lubricants, and many other.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuations in castor oil prices caused by extreme dependence on climate. Fluctuations in raw material prices, owning to the availability of inexpensive substitutes as well as the widening supply-demand gap demand of long storage and hoarding period pose a challenge in the market.
Key Players
- Arkema
- Gokul Agro Resources
- Hokoku
- Jayant Agro-Organics
- NK Industries
- Thai Castor Oil Industries
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Sebacic acid - Market size and forecast 2017-2022
- Undecylenic acid - Market size and forecast 2017-2022
- Castor wax - Market size and forecast 2017-2022
- Others - Market size and forecast 2017-2022
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- Americas - Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: 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
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Arkema
- Gokul Agro Resources
- HOKOKU
- JAYANT AGRO-ORGANICS
- NK Industries
- Thai Castor Oil Industries
For more information about this report visit https://www.researchandmarkets.com/research/lz2t86/global_castor_oil?w=12
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