Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research
Castor Oil and Derivative Market: Global
Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Castor Oil and Derivative Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research Released New Market Report on “Castor Oil and Derivative
Market: Global Industry Analysis and Forecast 2014 - 2020”.
Castor oil is a vegetable oil derived from the seeds of castor plants. Castor oil is one of the most
versatile plant oils available and contains a high amount of ricinoleic acid (over 80%) and oleic
acid. Castor oil is pale yellow in color and is majorly used in the production of soaps, lubricants,
hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and
polishes, nylon, pharmaceuticals, and perfumes.
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Based on the type, castor oil and its derivative market can be broadly categorized as
Hydrogenated Castor Oil (HCO), 12-Hydroxy Stearic Acid (12 HAS), Methyl 12 HSA (Hydroxy
Stearate Acid), COLM (Urethane Grade), Ethoxylated Castor Oil, Dehydrated castor oil, Castor
wax, C-7 Derivatives of Castor Oil, C 11 Derivatives of Castor Oil, and C 18 Derivatives of
Castor Oil. The C-7 derivatives of castor oil include Heptanoic Acid, Heptaldehyde, and Heptyl
Alcohol (Heptanol). C-11 derivatives of castor oil include undecylenic acid and zinc
undecylenate, whereas C-18 derivative of castor oil include Ricinoleic acid, Methyl ricinoleate,
Sebacic acid, and 2-octanol. Sebacic acid and dehydrated castor oil are among the major
revenue generators in the global castor oil market. Large-scale adoption of sebacic acid in
plasticizers, lubricants, hydraulic fluids, cosmetics, and manufacturing of candles is catalyzing
its growth in the global market. Castor wax is...