피마자유 및 유도체 시장 규모, 점유율, 성장 분석 : 제품 유형별, 등급 유형별, 추출 방법별, 유통 경로별, 용도별, 지역별 - 업계 예측(2026-2033년)

Castor Oil and Derivatives Market size was valued at USD 1.38 Billion in 2024 and is poised to grow from USD 1.47 Billion in 2025 to USD 2.39 Billion by 2033, growing at a CAGR of 6.3% during the forecast period (2026-2033).

The global castor oil and derivatives market is experiencing substantial growth, fueled by diverse industrial applications. Extracted from the castor bean plant, this vegetable oil is integral to the manufacturing of cosmetics, pharmaceuticals, and agricultural products. Its unique properties, such as high viscosity and biodegradability, enhance the demand for castor oil in sectors like plastics, biodiesel, and lubricants. Additionally, castor oil derivatives are prevalent in pharmaceutical formulations and personal care products. A rising customer preference for natural and sustainable options further propels market expansion. The Asia-Pacific region holds a prominent share, led by major players like China and India, followed by Brazil and Germany. While challenges like price volatility and limited cultivation areas exist, the outlook remains positive as the industry seeks eco-friendly innovations.

Top-down and bottom-up approaches were used to estimate and validate the size of the Castor Oil and Derivatives market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Castor Oil and Derivatives Market Segments Analysis

Global Castor Oil and Derivatives Market is segmented by Product Type, Grade Type, Extraction Method, Distribution Channel, Application and region. Based on Product Type, the market is segmented into Sebacic Acid, Ricinoleic Acid, Hydrogenated Castor Oil, 12-Hydroxy Stearic Acids, Sodium Castor Oil, Dehydrated Castor Oil and Others. Based on Grade Type, the market is segmented into Commercial Grade, Pharma Grade, Industrial Grade and Cosmetic Grade. Based on Extraction Method, the market is segmented into Cold Pressing and Solvent Extraction. Based on Distribution Channel, the market is segmented into Online and Offline. Based on Application, the market is segmented into Cosmetic & Pharmaceuticals, Plastic & Resins, Lubricants, Biodiesel and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Castor Oil and Derivatives Market

The castor oil and derivatives market is propelled by diverse applications across various industries, including pharmaceuticals, chemicals, cosmetics, and agriculture. In the personal care and cosmetics industry, castor oil is a key ingredient in numerous skincare and haircare products, driving market growth. Additionally, the industrial sector has further augmented the demand for castor oil due to its versatile applications in manufacturing processes. As these industries continue to embrace castor oil for its beneficial properties and functionalities, the overall market experiences an upward trend, showcasing its significance across multiple sectors.

Restraints in the Castor Oil and Derivatives Market

The cultivation of the castor bean plant presents various challenges that can hinder its growth, as it is prone to pests and diseases and requires specific agro-climatic conditions. Additionally, the yield of castor oil extracted from its seeds is relatively low when compared to other oil-producing crops, which can impact the overall pricing and availability of castor oil in the market. These factors create a level of restraint for the castor oil and its derivatives, presenting obstacles for producers and influencing supply dynamics in the industry. Consequently, the market may experience limitations due to these intrinsic agricultural challenges.

Market Trends of the Castor Oil and Derivatives Market

The Castor Oil and Derivatives market is experiencing a significant upward trend driven by an increasing consumer preference for sustainable and natural products. This shift is particularly notable in the pharmaceutical, personal care, and cosmetics sectors, where castor oil and its derivatives are recognized for their eco-friendly properties and versatility as alternatives to synthetic chemicals. As businesses seek to align with consumer demand for organic materials, the appeal of castor oil derivatives continues to expand. This trend not only reflects a broader movement towards sustainability but also highlights the potential for innovation in product formulations across multiple industries.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Customer & Buying Criteria Analysis
• Raw Material Analysis
• Patent Analysis

Global Castor Oil and Derivatives Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Sebacic Acid
• Ricinoleic Acid
• Hydrogenated Castor Oil
• 12-Hydroxy Stearic Acids
• Sodium Castor Oil
• Dehydrated Castor Oil
• Others

Global Castor Oil and Derivatives Market Size by Grade Type & CAGR (2026-2033)

• Market Overview
• Commercial Grade
• Pharma Grade
• Industrial Grade
• Cosmetic Grade

Global Castor Oil and Derivatives Market Size by Extraction Method & CAGR (2026-2033)

• Market Overview
• Cold Pressing
• Solvent Extraction

Global Castor Oil and Derivatives Market Size by Distribution Channel & CAGR (2026-2033)

• Market Overview
• Online
• Offline

Global Castor Oil and Derivatives Market Size by Application & CAGR (2026-2033)

• Market Overview
• Cosmetic & Pharmaceuticals
• Plastic & Resins
• Lubricants
• Biodiesel
• Others

Global Castor Oil and Derivatives Market Size & CAGR (2026-2033)

• North America (Product Type, Grade Type, Extraction Method, Distribution Channel, Application)
  • US
  • Canada
• Europe (Product Type, Grade Type, Extraction Method, Distribution Channel, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Grade Type, Extraction Method, Distribution Channel, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Grade Type, Extraction Method, Distribution Channel, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Grade Type, Extraction Method, Distribution Channel, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Jayant Agro Organics Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NK Proteins Pvt. Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Adani Wilmar Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thai Castor Oil Industries Co., Ltd. (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hokoku Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kanak Castor Products Pvt. Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Liaoyang Huaxing Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Girnar Industries (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vertellus (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• RPK Agrotech (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ITOH Oil Chemicals Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gokul Overseas (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SHANGHAI RIHAO CHEMICAL CO., LTD. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dongying Kanghui Industry and Trade Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kisan Agro (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Weiyu Biological (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TIAN XING BIOTECHNOLOGY (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ambuja Solvex Pvt. Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Adya Oil (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wen Shu Jxlan Yellow River Oil Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations