The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The North America castor oil market reached a volume of 59.6 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 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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America 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.
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.
|Base Year of the Analysis||2020|
|Segment Coverage||End-Use, Country|
|Countries Covered||United States, Canada|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499
|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:
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at