Market Overview:
The Europe castor oil market reached a volume of 171.5 Kilo Tons in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Castor oil is extracted from an oilseed crop and mainly cultivated in arid and semi-arid regions. It has a high ricinoleic acid content and offers remarkable lubrication properties. Consequently, it is widely utilized in the production of pharmaceuticals, perfumes, medicines, soaps, surface coatings, toiletries and cosmetics. It is also employed in the healthcare industry for manufacturing medicines that are effective in treating constipation. At present, there is a considerable rise in the demand for castor oil and its derivatives, such as hydrogenated oil (HCO), in Europe.
The rising utilization of castor oil for relieving various health problems, along with its therapeutic, preventive and curative properties, is propelling the market growth in Europe. Apart from this, due to its anti-bacterial and anti-inflammatory attributes, castor oil is widely utilized as a massage oil for easing arthritic joints, nerve inflammation and sore muscles. However, the coronavirus disease (COVID-19) outbreak and lockdowns in different parts of the region have negatively impacted the operations of the various manufacturing units. The market is anticipated to experience growth once lockdown restrictions are reduced.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe castor oil market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on end use.
Breakup by End Use:
- Pharmaceuticals
- Lubricants
- Paints
- Soaps
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
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 |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Million, '000 Tons |
| Segment Coverage |
End Use, Country |
| Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3999 |
| 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 Europe 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 Europe 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 Europe castor oil market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Castor Oil Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by End Use
6.1 Pharmaceuticals
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lubricants
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Paints
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Soaps
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Country
7.1 Germany
7.1.1 Market Trends
7.1.2 Market Breakup by End Use
7.1.3 Market Forecast
7.2 France
7.2.1 Market Trends
7.2.2 Market Breakup by End Use
7.2.3 Market Forecast
7.3 United Kingdom
7.3.1 Market Trends
7.3.2 Market Breakup by End Use
7.3.3 Market Forecast
7.4 Italy
7.4.1 Market Trends
7.4.2 Market Breakup by End Use
7.4.3 Market Forecast
7.5 Spain
7.5.1 Market Trends
7.5.2 Market Breakup by End Use
7.5.3 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Breakup by End Use
7.6.3 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Policy and Regulatory Landscape
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: Europe: Castor Oil Market: Major Drivers and Challenges
Figure 2: Europe: Castor Oil Market: Sales Volume (in '000 Tons), 2015-2020
Figure 3: Europe: Castor Oil Market: Sales Value (in Million US$), 2015-2020
Figure 4: Europe: Castor Oil Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 5: Europe: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 6: Europe: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 7: Europe: Castor Oil Market: Breakup by Country (in %), 2020
Figure 8: Europe: Castor Oil (Pharmaceuticals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Europe: Castor Oil (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Europe: Castor Oil (Lubricants) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Europe: Castor Oil (Lubricants) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Europe: Castor Oil (Paints) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Europe: Castor Oil (Paints) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Europe: Castor Oil (Soaps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Europe: Castor Oil (Soaps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Europe: Castor Oil (Other End Uses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Europe: Castor Oil (Other End Uses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Germany: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Germany: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 20: Germany: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: France: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: France: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 23: France: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: United Kingdom: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: United Kingdom: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 26: United Kingdom: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Italy: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Italy: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 29: Italy: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Spain: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Spain: Castor Oil Market: Breakup by End Use (in %), 2020
Figure 32: Spain: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Others: Castor Oil Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Others: Castor Oil Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Europe: Castor Oil Industry: SWOT Analysis
Figure 36: Europe: Castor Oil Industry: Value Chain Analysis
Figure 37: Europe: Castor Oil Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Castor Oil Market: Key Industry Highlights, 2020 and 2026
Table 2: Europe: Castor Oil Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 3: Europe: Castor Oil Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 4: Europe: Castor Oil Market: Competitive Structure
Table 5: Europe: Castor Oil Market: Key Players