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:
Breakup by Region:
- North and Northeast
- South Central
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||End Use, Region
||North and Northeast, Northwest, East, South Central, Southwest
||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
||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?