Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Global Castor Oil and Derivatives Market Research Report - Industry Analysis, Size, Growth and Forecast to 2020: Hexa Research Castor oil and derivatives market has been growing at a good pace over the past few years on account of growing demand for bio-degradable products. Increasing environmental concerns is the key factor expected to boost the market over the foreseeable period. Stringent regulation from government boards including EPA and PNGRB to limit the usage of traditional petrochemicals resulted in shift in focus towards castor oil and its derivatives. This shift in focus is likely to create an opportunity for the market players. Volatile price of petrochemical is the other key factor which is expected to surge the demand for bio-degradable products over the foreseeable period. Bio-degradable products demand is presume to drive castor oil and derivatives market growth over the next six years. Global castor oil market is also expected to witness strong growth on account of increasing demand from automotive sector across the globe. Increasing application scope of castor oil and derivatives in major end-use industries including pharmaceuticals, cosmetics & personal care and plastics & resins is expected to fuel the market growth over the forecast period. However, increasing prices of raw materials Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future including castor seeds coupled with low prices of other renewable chemicals is anticipated to impact the market negatively over the forecast period. Browse Detail Report with TOC @ http://www.hexaresearch.com/research-report/castoroil-and-derivatives-industry/ Product Insights Sebabic acid is the major product segment of castor oil & derivatives followed by caster wax and dehydrated castor oil. Sebabic acid has found large number of applications in major industries, which is expected to drive the market over the forecast period. Castor oil & derivatives market is expected to witness strong growth over the next six years owing to increasing application scope of caster wax in cosmetics and personal care products. Application Insights Cosmetics and health care industry was the largest application segment for castor oil & derivatives market over the last decade, and the trend is expected to continue over the forecast period. Increasing R&D activities in health care to broaden the application of bio-based products in this segment is the key factor expected to drive castor oil & derivatives market over the next six years. Surface coating is anticipated to witness strong growth over the forecast period owing to increasing demand from construction sector across the globe. Regional Insights Asia pacific was the largest market for castor oil and its derivatives over the last decade in terms of production and exports. India is the largest producer of castor oil followed by China. Increasing demand from end use industries including personal care, pharmaceuticals and lubricants is anticipated to surge the market growth over the next six years in this region. North America was the largest consumers of castor oil and its derivatives owing to increasing demand for bio degradable products in cosmetics and pharmaceuticals. Europe castor oil market is Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future expected to witness significant growth over the foreseeable period owing to increasing bio diesel demand coupled with stringent regulations from EPA to reduce the usage of traditional petrochemicals. Competitive Insights Increasing R&D activities by key market players is expected to enhance application scope and end-use specific product development for plastics & rubber, paints, lubricants, food, and textile industries over the forecast period. Some key players in castor oil & derivatives market include Thai Castor Oil Industries Co. Ltd., Castor Chemical Co. Ltd., Adani Group, Kanak Castor Products Pvt. Ltd. and Liaoyang Huaxing Chemical Ltd. Co among others. Request a Sample copy of This Report @ http://www.hexaresearch.com/sample/178 Table of Contents Chapter 1. Executive Summary 1.1. Castor Oil & Derivatives- Industry Summary and Critical Success Factors (CSFs) Chapter 2. Castor Oil & Derivatives Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Castor Oil & Derivatives Value Chain Analysis 2.4. Castor Oil & Derivatives Market Dynamics 2.4.1. Market driver analysis 2.4.1.1. Growing demand for renewable and sustainable source 2.4.1.2. Growing petrochemical prices 2.4.1.3. Growth of major end-use industries 2.4.2. Market restraint analysis Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/ Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future 2.4.2.1. Volatile raw material prices 2.4.2.2. Seasonality factors 2.5. Key Opportunities Prioritized 2.6. Castor Oil & Derivatives - Recent Market Developments by Company 2.7. Industry Analysis - Porter's 2.8. Castor Oil & Derivatives Market PESTEL Analysis, 2013 Browse Full Report @ http://www.hexaresearch.com/research-report/castor-oil-andderivatives-industry/ About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - http://www.hexaresearch.com/ Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/

Global castor oil market is also expected to witness strong growth on account of increasing demand from automotive sector across the globe. Increasing application scope of castor oil and derivatives in major end-use industries including pharmaceuticals, cosmetics & personal care and plastics & resins is expected to fuel the market growth over the forecast period.