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Castor Oil Derivatives Market By Product Type, By End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 310 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671205
The global castor oil derivatives market was valued at $1.3 billion in 2021, and is projected to reach $2.1 billion by 2031, growing at a CAGR of 4.8 % from 2022 to 2031.

Castor oil derivatives are multi-featured chemical that are predominantly employed in the formulation of paints, lubricants, coatings, cosmetics products, and others. Castor oil derivatives carry significant benefits over vegetable oils owing to the presence of fatty acid structure, cotton, coconut, soy, and others. Castor oil derivatives possess natural, non-toxic, renewable, and versatile physio-chemical properties and are extensively used in various end-use industries, including automotive, electrical, paint and coatings, aviation, and others.

The growth of the castor oil derivatives market is driven by rise in urbanization, increase in disposable income, adoption of western culture, growth in demand for various clothes, and increase in fashion consciousness among people that has surged the demand for castor oil derivatives in the textile industry. Castor oil derivatives are gaining popularity in the textile sector due to bio degradability, bio sustainability, and bio renewable properties. Castor oil derivatives are used in dyeing and wetting cotton & linen textile. For instance, Turkey red oil, a derivative of pure castor oil can dye cotton fabric with vat dye whereas refined castor oil (DAB 10) is a special grade oil that is also extensively used in the textile industry and also helps in maintaining the durability and quality of clothes. This is projected to propel the growth of the castor oil derivatives market in the textile industry.

However high manufacturing cost, rising prices of raw materials, uncertainty in climatic conditions, lack of working capital, lack of skilled labor for extraction method, and availability of various substitute to the castor oil derivatives are expected to hamper the growth of the castor oil derivatives market.

The rapid increase in population in both developed and developing economies, rise in import and export of various cosmetics and skincare products, up-gradation in technology, and increased focus on the cosmetic sector have increased the demand for castor oil derivatives. The hydrogenated castor oil in cosmetics is used as an emulsifier, surfactant, and fragrance ingredient. Other castor oil derivatives applications in cosmetics and personal care are to formulate products like creams, hair oils, lip gels, shampoo, deodorants, sunscreens, and other personal hygiene care products. These factors are anticipated to offer remunerative opportunities for the castor oil derivatives market during the forecast period.

The castor oil derivatives market is segmented on the basis of product type, end-use industry, and region. On the basis of product type, the market is categorized into sebacic acid, dehydrated castor oil, hydrogenated castor oil, ricinoleic acid, and others. On the basis of end-use industry, it is divided into pharmaceuticals, personal care and beauty care, lubricants, paints and varnishes, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global castor oil derivatives market profiles leading players that include, NK Industries, Hokoku Corporation, Kanak castor Products, Girnar Industries, Jayan Agro Organics Ltd., Gokul Agri International, Vertellus, Xingtai Lantian Fine Chemicals Ltd., Kokura Gosei Kogyo Ltd., ITOH Oil Chemical Ltd., Adani Wilmar, Krishna Antioxidants Pvt. Ltd., Thai Castor Oil Industries Ltd., Thai Castor Oil Industries Ltd., Arvalli Castor Derivatives Pvt. Ltd., and Sebacic India Pvt. Ltd. The global castor oil derivatives market report provides in-depth competitive analysis as well as profiles of these major players.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the castor oil derivatives market analysis from 2021 to 2031 to identify the prevailing castor oil derivatives market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the castor oil derivatives market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global castor oil derivatives market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

  • Hydrogenated Castor Oil
  • Ricinoleic Acid
  • Others
  • Sebacic Acid
  • Sebacic Acid Dehydrated Castor Oil

By End-use Industry

  • Pharmaceuticals
  • Personal Care and Beauty Care
  • Lubricants
  • Paints and Varnishes
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • NK Industries Ltd
  • Hokoku Corporation
  • Kanak Castor Products
  • Girnar Industries
  • Jayan Agro Organics Ltd.
  • Gokul Agri International
  • Vertellus
  • Xingtai Lantian Fine Chemicals Ltd.
  • Kokura Gosei Kogyo Ltd.
  • ITOH Oil Chemical Ltd.
  • Adani Wilmar
  • Krishna Antioxidant Pvt. Ltd.
  • Thai Castor Oil Industries Ltd.
  • Arvali Castor Derivatives Pvt. Ltd.
  • Sebacic India Pvt. Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Pricing Analysis
3.8.Regulatory Guidelines
3.9.Value Chain Analysis
3.10.Key Regulation Analysis
3.11.Patent Landscape
CHAPTER 4: CASTOR OIL DERIVATIVES MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Sebacic Acid
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Sebacic Acid Dehydrated Castor Oil
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Hydrogenated Castor Oil
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Ricinoleic Acid
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
CHAPTER 5: CASTOR OIL DERIVATIVES MARKET, BY END-USE INDUSTRY
5.1 Overview
5.1.1 Market size and forecast
5.2 Pharmaceuticals
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Personal Care and Beauty Care
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Lubricants
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Paints and Varnishes
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: CASTOR OIL DERIVATIVES MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Product Type
6.2.3 North America Market size and forecast, by End-use Industry
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Product Type
6.2.4.1.2 Market size and forecast, by End-use Industry
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Product Type
6.2.4.2.2 Market size and forecast, by End-use Industry
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Product Type
6.2.4.3.2 Market size and forecast, by End-use Industry
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Product Type
6.3.3 Europe Market size and forecast, by End-use Industry
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Product Type
6.3.4.1.2 Market size and forecast, by End-use Industry
6.3.4.2 U.K.
6.3.4.2.1 Market size and forecast, by Product Type
6.3.4.2.2 Market size and forecast, by End-use Industry
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Product Type
6.3.4.3.2 Market size and forecast, by End-use Industry
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Product Type
6.3.4.4.2 Market size and forecast, by End-use Industry
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Product Type
6.3.4.5.2 Market size and forecast, by End-use Industry
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Product Type
6.3.4.6.2 Market size and forecast, by End-use Industry
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Product Type
6.4.3 Asia-Pacific Market size and forecast, by End-use Industry
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Product Type
6.4.4.1.2 Market size and forecast, by End-use Industry
6.4.4.2 India
6.4.4.2.1 Market size and forecast, by Product Type
6.4.4.2.2 Market size and forecast, by End-use Industry
6.4.4.3 Japan
6.4.4.3.1 Market size and forecast, by Product Type
6.4.4.3.2 Market size and forecast, by End-use Industry
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Product Type
6.4.4.4.2 Market size and forecast, by End-use Industry
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Product Type
6.4.4.5.2 Market size and forecast, by End-use Industry
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Product Type
6.4.4.6.2 Market size and forecast, by End-use Industry
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Product Type
6.5.3 LAMEA Market size and forecast, by End-use Industry
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Product Type
6.5.4.1.2 Market size and forecast, by End-use Industry
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Product Type
6.5.4.2.2 Market size and forecast, by End-use Industry
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Product Type
6.5.4.3.2 Market size and forecast, by End-use Industry
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Product Type
6.5.4.4.2 Market size and forecast, by End-use Industry
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 NK Industries Ltd
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Hokoku Corporation
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Kanak Castor Products
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Girnar Industries
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Jayan Agro Organics Ltd.
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Gokul Agri International
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Vertellus
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Xingtai Lantian Fine Chemicals Ltd.
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Kokura Gosei Kogyo Ltd.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 ITOH Oil Chemical Ltd.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
8.11 Adani Wilmar
8.11.1 Company overview
8.11.2 Company snapshot
8.11.3 Operating business segments
8.11.4 Product portfolio
8.11.5 Business performance
8.11.6 Key strategic moves and developments
8.12 Krishna Antioxidant Pvt. Ltd.
8.12.1 Company overview
8.12.2 Company snapshot
8.12.3 Operating business segments
8.12.4 Product portfolio
8.12.5 Business performance
8.12.6 Key strategic moves and developments
8.13 Thai Castor Oil Industries Ltd.
8.13.1 Company overview
8.13.2 Company snapshot
8.13.3 Operating business segments
8.13.4 Product portfolio
8.13.5 Business performance
8.13.6 Key strategic moves and developments
8.14 Arvali Castor Derivatives Pvt. Ltd.
8.14.1 Company overview
8.14.2 Company snapshot
8.14.3 Operating business segments
8.14.4 Product portfolio
8.14.5 Business performance
8.14.6 Key strategic moves and developments
8.15 Sebacic India Pvt. Ltd.
8.15.1 Company overview
8.15.2 Company snapshot
8.15.3 Operating business segments
8.15.4 Product portfolio
8.15.5 Business performance
8.15.6 Key strategic moves and developments
List of Tables
Table 1. Global Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 2. Advanced Persistent Threat Market Revenue, for Cloud, by Region , 2021-2030,($Million)
Table 3. Advanced Persistent Threat Market for Cloud by Country, 2021-2030,($Million)
Table 4. Advanced Persistent Threat Market Revenue, for On-Premise, by Region , 2021-2030,($Million)
Table 5. Advanced Persistent Threat Market for On-Premise by Country, 2021-2030,($Million)
Table 6. Global Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 7. Advanced Persistent Threat Market Revenue, for Managed Services, by Region , 2021-2030,($Million)
Table 8. Advanced Persistent Threat Market for Managed Services by Country, 2021-2030,($Million)
Table 9. Advanced Persistent Threat Market Revenue, for Professional Services, by Region , 2021-2030,($Million)
Table 10. Advanced Persistent Threat Market for Professional Services by Country, 2021-2030,($Million)
Table 11. Global Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 12. Advanced Persistent Threat Market Revenue, for Security Information and Event Management (Siem), by Region , 2021-2030,($Million)
Table 13. Advanced Persistent Threat Market for Security Information and Event Management (Siem) by Country, 2021-2030,($Million)
Table 14. Advanced Persistent Threat Market Revenue, for Endpoint Protection, by Region , 2021-2030,($Million)
Table 15. Advanced Persistent Threat Market for Endpoint Protection by Country, 2021-2030,($Million)
Table 16. Advanced Persistent Threat Market Revenue, for Intrusion Detection System/ Intrusion Prevention System (Ids/ Ips), by Region , 2021-2030,($Million)
Table 17. Advanced Persistent Threat Market for Intrusion Detection System/ Intrusion Prevention System (Ids/ Ips) by Country, 2021-2030,($Million)
Table 18. Advanced Persistent Threat Market Revenue, for Sandboxing, by Region , 2021-2030,($Million)
Table 19. Advanced Persistent Threat Market for Sandboxing by Country, 2021-2030,($Million)
Table 20. Advanced Persistent Threat Market Revenue, for Next-Generation Firewall (Ngfw), by Region , 2021-2030,($Million)
Table 21. Advanced Persistent Threat Market for Next-Generation Firewall (Ngfw) by Country, 2021-2030,($Million)
Table 22. Advanced Persistent Threat Market Revenue, for Forensic Analysis, by Region , 2021-2030,($Million)
Table 23. Advanced Persistent Threat Market for Forensic Analysis by Country, 2021-2030,($Million)
Table 24. Advanced Persistent Threat Market Revenue, for Other, by Region , 2021-2030,($Million)
Table 25. Advanced Persistent Threat Market for Other by Country, 2021-2030,($Million)
Table 26. Advanced Persistent Threat Market, by Region, 2021-2030,($Million)
Table 27. North America Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 28. North America Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 29. North America Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 30. North America Advanced Persistent Threat Market, by Country, 2021-2030,($Million)
Table 31. U.S. Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 32. U.S. Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 33. U.S. Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 34. Canada Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 35. Canada Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 36. Canada Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 37. Mexico Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 38. Mexico Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 39. Mexico Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 40. Europe Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 41. Europe Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 42. Europe Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 43. Europe Advanced Persistent Threat Market, by Country, 2021-2030,($Million)
Table 44. Germany Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 45. Germany Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 46. Germany Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 47. United Kingdom Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 48. United Kingdom Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 49. United Kingdom Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 50. France Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 51. France Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 52. France Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 53. Spain Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 54. Spain Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 55. Spain Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 56. Italy Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 57. Italy Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 58. Italy Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 59. Rest of Europe Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 60. Rest of Europe Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 61. Rest of Europe Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 62. Asia-Pacific Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 63. Asia-Pacific Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 64. Asia-Pacific Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 65. Asia-Pacific Advanced Persistent Threat Market, by Country, 2021-2030,($Million)
Table 66. China Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 67. China Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 68. China Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 69. Japan Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 70. Japan Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 71. Japan Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 72. India Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 73. India Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 74. India Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 75. South Korea Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 76. South Korea Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 77. South Korea Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 78. Australia Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 79. Australia Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 80. Australia Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 81. Rest of Asia-Pacific Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 82. Rest of Asia-Pacific Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 83. Rest of Asia-Pacific Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 84. LAMEA Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 85. LAMEA Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 86. LAMEA Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 87. LAMEA Advanced Persistent Threat Market, by Country, 2021-2030,($Million)
Table 88. Brazil Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 89. Brazil Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 90. Brazil Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 91. Saudi Arabia Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 92. Saudi Arabia Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 93. Saudi Arabia Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 94. United Arab Emirates Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 95. United Arab Emirates Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 96. United Arab Emirates Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 97. South Africa Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 98. South Africa Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 99. South Africa Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 100. Rest of LAMEA Advanced Persistent Threat Market, by Deployment Mode, 2021-2030,($Million)
Table 101. Rest of LAMEA Advanced Persistent Threat Market, by Services, 2021-2030,($Million)
Table 102. Rest of LAMEA Advanced Persistent Threat Market, by Solutions, 2021-2030,($Million)
Table 103. Mcafee, LLC.: Company Snapshot
Table 104. Mcafee, LLC.: Operating Segments
Table 105. Mcafee, LLC.: Product Portfolio
Table 106. Mcafee, LLC.: Net Sales
Table 107. Mcafee, LLC.: Key Stratergies
Table 108. Cisco Systems, Inc.: Company Snapshot
Table 109. Cisco Systems, Inc.: Operating Segments
Table 110. Cisco Systems, Inc.: Product Portfolio
Table 111. Cisco Systems, Inc.: Net Sales
Table 112. Cisco Systems, Inc.: Key Stratergies
Table 113. Ao Kaspersky Lab.: Company Snapshot
Table 114. Ao Kaspersky Lab.: Operating Segments
Table 115. Ao Kaspersky Lab.: Product Portfolio
Table 116. Ao Kaspersky Lab.: Net Sales
Table 117. Ao Kaspersky Lab.: Key Stratergies
Table 118. Vmware, Inc.: Company Snapshot
Table 119. Vmware, Inc.: Operating Segments
Table 120. Vmware, Inc.: Product Portfolio
Table 121. Vmware, Inc.: Net Sales
Table 122. Vmware, Inc.: Key Stratergies
Table 123. Fireeye: Company Snapshot
Table 124. Fireeye: Operating Segments
Table 125. Fireeye: Product Portfolio
Table 126. Fireeye: Net Sales
Table 127. Fireeye: Key Stratergies
Table 128. Palo Alto Networks: Company Snapshot
Table 129. Palo Alto Networks: Operating Segments
Table 130. Palo Alto Networks: Product Portfolio
Table 131. Palo Alto Networks: Net Sales
Table 132. Palo Alto Networks: Key Stratergies
Table 133. F-Secure: Company Snapshot
Table 134. F-Secure: Operating Segments
Table 135. F-Secure: Product Portfolio
Table 136. F-Secure: Net Sales
Table 137. F-Secure: Key Stratergies
Table 138. Microsoft: Company Snapshot
Table 139. Microsoft: Operating Segments
Table 140. Microsoft: Product Portfolio
Table 141. Microsoft: Net Sales
Table 142. Microsoft: Key Stratergies
Table 143. Sophos Ltd.: Company Snapshot
Table 144. Sophos Ltd.: Operating Segments
Table 145. Sophos Ltd.: Product Portfolio
Table 146. Sophos Ltd.: Net Sales
Table 147. Sophos Ltd.: Key Stratergies
Table 148. Raytheon Technologies Corporation: Company Snapshot
Table 149. Raytheon Technologies Corporation: Operating Segments
Table 150. Raytheon Technologies Corporation: Product Portfolio
Table 151. Raytheon Technologies Corporation: Net Sales
Table 152. Raytheon Technologies Corporation: Key Stratergies
List of Figures
Figure 1. Castor Oil Derivatives Market Segmentation
Figure 2. Castor Oil Derivatives Market,2021-2031
Figure 3. Castor Oil Derivatives Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Castor Oil Derivatives Market:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Regulatory Guidelines
Figure 14. Value Chain Analysis
Figure 15. Key Regulation Analysis
Figure 16. Patent Analysis by Company
Figure 17. Patent Analysis by Country
Figure 18. Castor Oil Derivatives Market,By Product Type,2021(%)
Figure 19. Comparative Share Analysis of Sebacic Acid Castor Oil Derivatives Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Sebacic Acid Dehydrated Castor Oil Castor Oil Derivatives Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Hydrogenated Castor Oil Castor Oil Derivatives Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Ricinoleic Acid Castor Oil Derivatives Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Others Castor Oil Derivatives Market,2021-2031(%)
Figure 24. Castor Oil Derivatives Market,By End-use Industry,2021(%)
Figure 25. Comparative Share Analysis of Pharmaceuticals Castor Oil Derivatives Market,2021-2031(%)
Figure 26. Comparative Share Analysis of Personal Care and Beauty Care Castor Oil Derivatives Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Lubricants Castor Oil Derivatives Market,2021-2031(%)
Figure 28. Comparative Share Analysis of Paints and Varnishes Castor Oil Derivatives Market,2021-2031(%)
Figure 29. Comparative Share Analysis of Others Castor Oil Derivatives Market,2021-2031(%)
Figure 30. Castor Oil Derivatives Market by Region,2021
Figure 31. U.S. Castor Oil Derivatives Market,2021-2031($Million)
Figure 32. Canada Castor Oil Derivatives Market,2021-2031($Million)
Figure 33. Mexico Castor Oil Derivatives Market,2021-2031($Million)
Figure 34. Germany Castor Oil Derivatives Market,2021-2031($Million)
Figure 35. U.K. Castor Oil Derivatives Market,2021-2031($Million)
Figure 36. France Castor Oil Derivatives Market,2021-2031($Million)
Figure 37. Spain Castor Oil Derivatives Market,2021-2031($Million)
Figure 38. Italy Castor Oil Derivatives Market,2021-2031($Million)
Figure 39. Rest of Europe Castor Oil Derivatives Market,2021-2031($Million)
Figure 40. China Castor Oil Derivatives Market,2021-2031($Million)
Figure 41. India Castor Oil Derivatives Market,2021-2031($Million)
Figure 42. Japan Castor Oil Derivatives Market,2021-2031($Million)
Figure 43. South Korea Castor Oil Derivatives Market,2021-2031($Million)
Figure 44. Australia Castor Oil Derivatives Market,2021-2031($Million)
Figure 45. Rest of Asia-Pacific Castor Oil Derivatives Market,2021-2031($Million)
Figure 46. Brazil Castor Oil Derivatives Market,2021-2031($Million)
Figure 47. Saudi Arabia Castor Oil Derivatives Market,2021-2031($Million)
Figure 48. South Africa Castor Oil Derivatives Market,2021-2031($Million)
Figure 49. Rest of LAMEA Castor Oil Derivatives Market,2021-2031($Million)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap of Top 10 Key Players
Figure 56. Nk Industries Ltd.: Net Sales ,($Million)
Figure 57. Hokoku Corporation.: Net Sales ,($Million)
Figure 58. Kanak Castor Products.: Net Sales ,($Million)
Figure 59. Girnar Industries.: Net Sales ,($Million)
Figure 60. Jayan Agro Organics Ltd..: Net Sales ,($Million)
Figure 61. Gokul Agri International.: Net Sales ,($Million)
Figure 62. Vertellus.: Net Sales ,($Million)
Figure 63. Xingtai Lantian Fine Chemicals Ltd..: Net Sales ,($Million)
Figure 64. Kokura Gosei Kogyo Ltd..: Net Sales ,($Million)
Figure 65. Itoh Oil Chemical Ltd..: Net Sales ,($Million)
Figure 66. Adani Wilmar.: Net Sales ,($Million)
Figure 67. Krishna Antioxidant Pvt. Ltd..: Net Sales ,($Million)
Figure 68. Thai Castor Oil Industries Ltd..: Net Sales ,($Million)
Figure 69. Arvali Castor Derivatives Pvt. Ltd..: Net Sales ,($Million)
Figure 70. Sebacic India Pvt. Ltd..: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Castor Oil Derivatives Market," the castor oil derivatives market was valued at $1.3 billion in 2021, and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

Castor oil is also featured as multifunctional chemical ricinus oil, obtained from the castor seeds. The castor oil derivatives products include, sebacic acid, dehydrated castor oil, hydrogenated castor oil, ricinoleic acid, and others. The demand for castor oil derivatives has surged due to excellent properties, such as it acts as a lubricating, laxative, emulsifying, coating agent in the pharmaceutical and personal care & beauty care industries. It has several applications in various end-use industries, including in manufacturing, automotive, electrical, and pharmaceuticals, cosmetics, textiles, and others.

The cosmetics and personal care sector is one of the emerging sector across the globe. The derivatives of castor oil, such as zinc ricinolate, castor wax, ricinoleic acid, undecylenic acid, castor oil ester, and others are extensively used in the formulation of various hair care, skin care, and body care products. The growing demand from cosmetics and personal care industry has increased the potential sales of castor oil derivatives in the market.

However, there are some standards set by Food and Drug Administration (FDA) on the use of castor oil derivatives. Habitual consumption of castor oil may cause allergic effect, and overdose of castor oil derivative may cause nausea, headache, and chills. For instance, according to an article published by Healthline Media, the habitual use of castor oil derivatives may cause allergic reaction in some people. Thus, advice from medical practitioner must be taken before using the castor oil derivatives. These factors are restraining the growth of the castor oil derivatives market.

Castor oils and their derivatives such as 12-Hydroxystearic acid and hydrogenated castor oil, are preferred for the manufacture of greases and lubricants in racing engines, jet diesel, aircraft engines, and others. This is due to the multi-functional properties of castor oil derivatives, such as it is environment-friendly, low-temperature viscosity, and give better lubrication than synthetic and other vegetable oils. These factors together are projected to create remunerative opportunities for the expansion of the castor oil derivatives market in the future.

The castor oil derivatives market is segmented on the basis of product type, end-use industry, and region. By product, the market is segregated into sebacic acid, dehydrated castor oil, hydrogenated castor oil, ricinoleic acid, and others. The sebacic acid segment dominated the global market, in terms of revenue in 2021 with 32% share in the global market. Rise in transportation and logistics activities has surged the global need for refined crude oil and other petroleum products to increase their refining capacities of crude oil where castor oil derivatives-based sebacic acid is used extensively as a lubricant in reactors, hot pipes, and gas streams to maintain flow efficiency of the oil.

By end-use industry, the market is fragmented into pharmaceuticals, personal care and beauty care, lubricants, paints and varnishes, and others. The personal care and beauty care segment dominated the global market, in terms of revenue in 2021 with 34% share in the global market. Factors such as rise in population, urbanization, improvement in the standard of living, changing lifestyles, and increased focus in the personal care & beauty care industry have surged the demand for castor oil derivatives where hydrogenated castor oil in cosmetics is used as an emulsifier, surfactant, and fragrance ingredient. This is expected to increase the demand for castor oil derivatives in the cosmetic industry.

Region-wise, the castor oil derivatives market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific castor oil derivatives market is projected to grow at the highest CAGR during the forecast period, in 2021, with 39% major share in the global market. The pharmaceutical industry accounts for one of the fastest-growing sectors in Japan owing to rise in R&D activities, advancements of technology in medicine, rise in manufacturing plants, and others. The castor oil derivatives are used widely in the pharmaceutical sector for formulation of various drugs, edible capsules, creams, and lubricating agents in lens manufacturing. This is anticipated to increase the sales of castor oil derivatives in the growing pharmaceuticals sector; thus, creating lucrative opportunities for the market.

Key players operating in the global castor oil derivatives market include, NK Industries, Hokoku Corporation, Kanak castor Products, Girnar Industries, Jayan Agro Organics Ltd., Gokul Agri International, Vertellus, Xingtai Lantian Fine Chemicals Ltd., Kokura Gosei Kogyo Ltd., ITOH Oil Chemical Ltd., Adani Wilmar, Krishna Antioxidants Pvt. Ltd., Thai Castor Oil Industries Ltd., Thai Castor Oil Industries Ltd., Arvalli Castor Derivatives Pvt. Ltd., and Sebacic India Pvt. Ltd.

Key Findings of the Study

  • The hydrogenated castor oil segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.3% from 2022 to 2031.
  • The lubricants end-use industry segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.3% from 2022 to 2031.
  • Asia-Pacific garnered the highest share of 39% in 2021, in terms of revenue, growing at a CAGR of 5.5%.

COVID-19 Analysis

  • Countries in Asia-Pacific and Middle East region are leading supplier of castor oil across the globe. Amid the COVID-19 pandemic, the production rate of castor oil derivatives decreased remarkable due to strict government guidelines on boarder, norms and regulation on import and export trade. Furthermore, the castor seed production decreased during 2020 due to the imposition of strict lockdown. For instance, according to a report published by VANAKALAM (KHARIF) in December 2021, castor seed production decreased to 17.76 lakh tonnes in 2020-2021 from 18.42lakh tonnes in 2019-2020. This temporarily hampered the demand and supply chain for castor oil derivatives. In addition, the decreasing income of customers has led contraction in the demand for castor oil, castor seed, and other vegetable oils production during the COVID-19 period. In the first quarter of 2021, the market for castor oil derivatives experienced increase in demand for castor oil derivatives chemicals globally as compared to that in 2020.

Companies Mentioned

  • Nk Industries Ltd
  • Hokoku Corporation
  • Kanak Castor Products
  • Girnar Industries
  • Jayan Agro Organics Ltd.
  • Gokul Agri International
  • Vertellus
  • Xingtai Lantian Fine Chemicals Ltd.
  • Kokura Gosei Kogyo Ltd.
  • Itoh Oil Chemical Ltd.
  • Adani Wilmar
  • Krishna Antioxidant Pvt. Ltd.
  • Thai Castor Oil Industries Ltd.
  • Arvali Castor Derivatives Pvt. Ltd.
  • Sebacic India Pvt. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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