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North America Castor Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The North America castor oil market reached a volume of 58,800 Tons in 2018. Castor oil refers to a thick, pale-yellow colored vegetable oil which is extracted from castor beans that are grown in arid/semi-arid regions. As compared to other vegetable oils, castor oil exhibits high hydroxyl value and is available for consumption in both crude and refined hydrogenated forms. Owing to numerous benefits, it is utilized in the production of pharmaceuticals, soaps, surface coatings, cosmetics, perfumes and toiletries.

North America Castor Oil Market Trends

One of the primary factors that are impelling the growth of the market in North America is therapeutic benefits provided by the castor oil. It offers antibacterial and anti-inflammatory properties that aid in relieving sore muscles, arthritic joints and nerve inflammations. Apart from this, aging population, rising healthcare expenditures and increasing focus on healthy and active lifestyles are also boosting the sales of castor oil in the region. Further, the demand for castor oil is rising as it plays a pivotal role in the production of biodiesel, which eliminates the usage of petrochemicals in the region. Looking forward, IMARC Group expects the market to reach a volume of 68,600 Tons by 2024, registering a CAGR of 2.6% during 2019-2024.

 

Report Scope:

  • North America Castor Oil Market
     
  • Key Regions Analyzed
    • United States
    • Canada
       
  • Analysis for Each Country
  • Market by End-Use
    • Pharmaceuticals
    • Lubricants
    • Paints
    • Soaps
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Key Questions Answered in This Report:

  • How has the North America castor oil market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America castor oil market?
  • What is the breakup of the North America castor oil market on the basis of end-use?
  • What are the various stages in the value chain of the North America castor oil industry?
  • What are the key driving factors and challenges in the North America castor oil industry?
  • What is the structure of the North America castor oil industry and who are the key players?
  • What is the degree of competition in the North America castor oil industry?
  • What are the profit margins in the North America castor oil industry?


Report Coverage:

  • Base Year Considered: 2018
  • Historical Data Coverage: 2013-2018
  • Market Forecast: 2019-2024
  • Currency: US$
  • Geography Covered: North America, United States and Canada
  • Segments Covered: End-Use


IMARC Group’s latest report provides a deep insight into the North America castor oil market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America castor oil market in any manner.

Report Customization: Although IMARC has tried to cover everything in the North America castor oil market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

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    Global Castor Oil Market
    5.1    Market Performance
    5.2    Market Breakup by End-Use
    5.3    Market Breakup by Region 
    5.4    Market Forecast 
6    North America Castor Oil Market
    6.1    Market Performance
    6.2    Market Forecast 
7    North America Castor Oil Market: Breakup by End-Use 
    7.1    Pharmaceuticals
    7.2    Lubricants
    7.3    Paints
    7.4    Soaps
    7.5    Others
8    North America Castor Oil Market: Breakup by Country 
    8.1   United States
     8.1.1    Historical market Trends
     8.1.2    Market Breakup by End-Use
     8.1.3    Market Forecast
    8.2   Canada
     8.2.1    Historical market Trends
     8.2.2    Market Breakup by End-Use
     8.2.3    Market Forecast
9    SWOT Analysis 
    9.1    Overview 
    9.2    Strengths
    9.3    Weaknesses 
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis 
11    Porter’s Five Forces Analysis 

    11.1     Overview
    11.2     Bargaining Power of Buyers
    11.3     Bargaining Power of Suppliers
    11.4     Degree of Rivalry
    11.5     Threat of New Entrants
    11.6     Threat of Substitutes
12    Price Analysis 
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
    
List of Figures

Figure 1: Global: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2013-2018
Figure 2: Global: Castor Oil Market: Breakup by End-Use (in %), 2018
Figure 3: Global: Castor Oil Market: Breakup by Region (in %), 2018
Figure 4: Global: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2019-2024
Figure 5: North America: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2013-2018
Figure 6: North America: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2019-2024
Figure 7: North America: Castor Oil Industry: SWOT Analysis
Figure 8: North America: Castor Oil Industry: Value Chain Analysis
Figure 9: North America: Castor Oil Industry: Porter’s Five Forces Analysis
Figure 10: North America: Castor Oil Market: Breakup by End-Use (in %), 2018
Figure 11: North America Castor Oil Market: End-Use in Pharmaceuticals (in ‘000 Tons), 2013 & 2018
Figure 12: North America Castor Oil Market Forecast: End-Use in Pharmaceuticals (in ‘000 Tons), 2019-2024
Figure 13: North America Castor Oil Market: End-Use in Lubricants (in ‘000 Tons), 2013 & 2018
Figure 14: North America Castor Oil Market Forecast: End-Use in Lubricants (in ‘000 Tons), 2019-2024
Figure 15: North America Castor Oil Market: End-Use in Paints (in ‘000 Tons), 2013 & 2018
Figure 16: North America Castor Oil Market Forecast: End-Use in Paints (in ‘000 Tons), 2019-2024
Figure 17: North America Castor Oil Market: End-Use in Soaps (in ‘000 Tons), 2013 & 2018
Figure 18: North America Castor Oil Market Forecast: End-Use in Soaps (in ‘000 Tons), 2019-2024
Figure 19: North America Castor Oil Market: Other End-Uses (in ‘000 Tons), 2013 & 2018
Figure 20: North America Castor Oil Market Forecast: Other End-Uses (in ‘000 Tons), 2019-2024
Figure 21: United States: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2013-2018
Figure 22: United States: Castor Oil Market: Breakup by End-Use (in %), 2018
Figure 23: United States: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2019-2024
Figure 24: Canada: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2013-2018
Figure 25: Canada: Castor Oil Market: Breakup by End-Use (in %), 2018
Figure 26: Canada: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2019-2024

List of Tables

Table 1: North America: Castor Oil Market: Key Industry Highlights, 2018 and 2024
Table 2: North America: Castor Oil Market Forecast: Breakup by End-Use (in ‘000 Tons), 2019-2024
Table 3: North America: Castor Oil Market Forecast: Breakup by Region (in ‘000 Tons), 2019-2024
Table 4: North America: Castor Oil Market: Competitive Structure
Table 5: North America: Castor Oil Market: Key Players
 

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