China Castor Oil Market Share, Size, Growth, Opportunity and Forecast 2022-2027

China Castor Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2867

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Market Overview:

The China castor oil market size reached 298.6 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 365.8 Kilo Tons by 2027, exhibiting a growth rate (CAGR) of 3.5% during 2022-2027.

Castor oil is derived from an oilseed crop, which is cultivated in arid and semi-arid regions. It has a high-ricinoleic acid content and provides excellent lubrication properties. As a result, it finds application in the production of perfumes, medicines, soaps, surface coatings, toiletries and cosmetics. Besides this, castor oil is employed in the pharmaceuticals sector as it is highly effective against constipation.

The increasing utilization of castor oil for relieving various health concerns, along with its therapeutic, preventive, and curative properties, is strengthening the market growth in China. Moreover, due to the anti-bacterial and anti-inflammatory attributes of castor oil, it is widely utilized as a massage oil for easing arthritic joints, nerve inflammations and sore muscles. Apart from this, the rising geriatric population, in confluence with the escalating demand for chemical derivatives of castor oil, such as hydrogenated oil (HCO), dehydrated oil (DCO) and sebacic acid, are propelling the market growth in the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the China castor oil market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on end use.

Breakup by End Use:

Pharmaceuticals
Lubricants
Paints
Soaps
Others

Breakup by Region:

North and Northeast
Northwest
East
South Central
Southwest

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027
Units	'000 Tons
Segment Coverage	End Use, Region
Region Covered	North and Northeast, Northwest, East, South Central, Southwest
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the China castor oil market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the China castor oil market?
What are the key regional markets?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the China castor oil market and who are the key players?
What is the degree of competition in the industry?

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