Castor Oil And Derivatives Market 2023 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects and Forecast To 2032

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Castor Oil And Derivatives Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Castor Oil And Derivatives Market Segments
The Business Research Company segments its
Castor Oil And Derivatives market report as
12-HAS, Dehydrated Castor Oil, Hydrogenated
Castor Oil, Ricinoleic Acid, Sebacic Acid,
Undecylenic Acid
By Product
Pale Pressed Grade, First Special Grade (FSG),
Commercial Grade, First Pressed Degummed Grade
Castor Oil, British Pharma Grade (BPG), Other
Grades
By Grade
Lubricants, Cosmetics and Pharmaceuticals,
Biodiesel, Plastics and Resins, Other Applications
By Application
Healthcare, Cosmetics And Personal Care, Food
Industry, Aerospace And Defense, Automotive,
Electrical And Electronics, Other End-Use
Industries
By End-Use Industry
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Market Statistics
The global castor oil and derivatives market size
is expected to grow from 1.24 billion in 2022 to
1.32 billion in 2023 at a compound annual growth
rate (CAGR) of 6.8. The global castor oil and
derivatives market size is expected to reach
1.66 billion in 2027 at a CAGR of 5.86.
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Key Market Drivers And Trends
Drivers
Rising demand for cosmetics products is expected
to propel the growth of the castor oil and its
derivatives market going forward.
Trends
Product innovations are a key trend gaining
popularity in the castor oil and derivatives
market.
Region
Asia-Pacific was the largest region in the castor
oil and derivatives market in 2022. The regions
covered in the global castor oil and derivatives
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Key Market Players

• Major players in the Castor Oil And Derivatives
  market are
• Rpk Agrotech Exports Pvt Ltd.
• Adani Wilmar Limited
• Hokoku Corporation
• Taj Agro Products Limited
• Girnar Industries
• And more.

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