Global Castor Oil Market Share, Size , Price Trends and Forecast 2017-2022

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Castor Oil Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2017-2022
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Report Description and Highlights
Report Description
Global Castor Oil Market Driven by Expanding
Applications in Diverse Industries As a result
of its lubricating qualities, castor oil is used
either in crude or refined hydrogenated form in a
number of industries such as food, cosmetic and
electronic telecommunications. Some of its
applications are in the manufacturing of products
such as adhesives, brake fluids, paints,
pigments, electrical liquids, dielectrics,
etc. A latest report by IMARC Group titled,
Castor Oil Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022, finds that the global castor oil
market has reached a volume of around 1,800
Thousand Tons in 2016, growing at a CAGR of 4
during 2009-2016. Castor oil is extracted from
the seeds of the castor plant. It originated in
the tropical belt of India and Africa and is
mostly cultivated in arid and semi-arid regions.
In the past five years, the market has witnessed
a reduction in the production levels of castor
seeds as a result of decline in the sowing area.
However, due to delayed monsoon in India after
2013, farmers were driven towards growing castor
crops as these require less water during
plantation. Consequently, the production of
castor oil has accelerated from the year 2013
onwards. According to the report, the market for
castor oil is expected to grow at a CAGR of 4.5
during 2017-2022, reaching a volume of more than
2,200 Thousand Tons by 2022.
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Report Description and Highlights
Report Description
Request sample of the report http//www.imarcgrou
p.com/request?typereportid639flagB The
report offers a detailed segmentation of the
castor oil market based on its applications. It
serves as an important component in innumerable
industries such as pharmaceuticals, food,
cosmetic and the electronics telecommunications
industry. In the food and cosmetic industry, it
is used as an additive for flavouring and in
manufacturing lipsticks, respectively. In the
electronics and telecommunication industry,
castor oil is used in the production of polymers
as well as the manufacturing of equipment which
are used for national security. Furthermore, it
is also used in the manufacturing of a number of
products which include adhesives, brake fluids,
caulks, dyes, machining oils, paints, pigments,
electrical liquids, dielectrics, lubricating
greases, polyurethane refrigeration lubricants,
rubber sealants, textiles, washing powders,
waxes, etc. To get more information, please
visit _at_ http//www.imarcgroup.com/castor-oil-manuf
acturing-plant
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description
The report has segmented the market on a regional
basis. The regions covered in the report include
India, Brazil and China. Currently, India
represents the largest producer of castor oil at
the global level. India is followed by China and
Brazil. In terms of consumption, China is the
largest consumer of castor oil, followed by
Europe, India and the United States. The report
has also provided a thorough analysis of the
competitive landscape along with the details of
the major players operating in the market. Some
of the players given in the report are Adani
Wilmer, Gokul Overseas, Kandla Agro Chemicals
and Jayant Agro. Amongst these, the majority of
the market share is held by Adani Wilmer. The
report provides a detailed roadmap for setting up
a castor oil manufacturing plant. The study, done
by one of the worlds leading research and
advisory firms, covers all the prerequisites of
the castor oil market and provides an in-depth
analysis of the market, industry performance,
processing manufacturing requirements, project
cost, project funding, project economics,
expected returns on investment, profit margins,
etc. It also offers SWOT, Value Chain and
Porters Five Forces analysis and regional
segmentation followed by an analysis of the
competitive landscape. This
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Report Description and Highlights
Report Description
report is a must-read for entrepreneurs,
investors, researchers, consultants, business
strategists, and all those who are planning to
foray into the castor oil market in any
manner. Browse more related reports Soybean
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Report Description and Highlights
Report Description

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