Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Castor oil downstream is wide; the major fields are food industry, pharmaceuticals and cosmetics and industry, etc. In recent years, food industry has developed rapidly. Increasing demand for food industry is expected to drive the demand for the castor market. China, India and South America are the main production regions for castor oil. China market is increasing with the rapid development of downstream industry.
According to our research and analysis, manufacturers from India are the major leaders in the international market of castor. Manufacturers from China also occupy high market share. There is large space in the China market, as well as big gap between international brands and local brands on price.
The global Castor market is valued at 1060 million US$ in 2017 and will reach 1130 million US$ by the end of 2025, growing at a CAGR of 0.8% during 2018-2025.
The major manufacturers covered in this report
Gokul Refoils and Solvent (GRSL)
NK Proteins
Kisan Agro
Girnar Industries
Kanak Castor Products
BOM
Shivam Agro
Adya Oils & Chemicals (AOCL)
Shivam Castor Products (SCPL)
Thai Castor Oil (TCO Group)
Itoh Oil Chemicals
Azevedo Industria
Hokoku Corporation
Tongliao Weiyu
Tianxing Group
Yellow River Oil
Guohua Oil
Qianjin Oil
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Food Industry
Industrial
Others
The study objectives of this report are:
To analyze and study the global Castor sales, value, status (2013-2017) and forecast (2018-2025).
Focuses on the key Castor manufacturers, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
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.
In this study, the years considered to estimate the market size of Castor are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Castor Manufacturers
Castor Distributors/Traders/Wholesalers
Castor Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Castor market, by end-use.
Detailed analysis and profiles of additional market players.