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North America Castor Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

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.

Key Market Segmentation:

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.

  • 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
       

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 Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units ‘000 Tons
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:

  • 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 has been the impact of  COVID-19 on 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?

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    Impact of COVID-19
    6.3    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), 2015-2020
Figure 2: Global: Castor Oil Market: Breakup by End-Use (in %), 2020
Figure 3: Global: Castor Oil Market: Breakup by Region (in %), 2020
Figure 4: Global: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2021-2026
Figure 5: North America: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2015-2020
Figure 6: North America: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2021-2026
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 %), 2020
Figure 11: North America Castor Oil Market: End-Use in Pharmaceuticals (in ‘000 Tons), 2015 & 2020
Figure 12: North America Castor Oil Market Forecast: End-Use in Pharmaceuticals (in ‘000 Tons), 2021-2026
Figure 13: North America Castor Oil Market: End-Use in Lubricants (in ‘000 Tons), 2015 & 2020
Figure 14: North America Castor Oil Market Forecast: End-Use in Lubricants (in ‘000 Tons), 2021-2026
Figure 15: North America Castor Oil Market: End-Use in Paints (in ‘000 Tons), 2015 & 2020
Figure 16: North America Castor Oil Market Forecast: End-Use in Paints (in ‘000 Tons), 2021-2026
Figure 17: North America Castor Oil Market: End-Use in Soaps (in ‘000 Tons), 2015 & 2020
Figure 18: North America Castor Oil Market Forecast: End-Use in Soaps (in ‘000 Tons), 2021-2026
Figure 19: North America Castor Oil Market: Other End-Uses (in ‘000 Tons), 2015 & 2020
Figure 20: North America Castor Oil Market Forecast: Other End-Uses (in ‘000 Tons), 2021-2026
Figure 21: United States: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2015-2020
Figure 22: United States: Castor Oil Market: Breakup by End-Use (in %), 2020
Figure 23: United States: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2021-2026
Figure 24: Canada: Castor Oil Market: Production Volume Trends (in ‘000 Tons), 2015-2020
Figure 25: Canada: Castor Oil Market: Breakup by End-Use (in %), 2020
Figure 26: Canada: Castor Oil Market Forecast: Production Volume Trends (in ‘000 Tons), 2021-2026

List of Tables

Table 1: North America: Castor Oil Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Castor Oil Market Forecast: Breakup by End-Use (in ‘000 Tons), 2021-2026
Table 3: North America: Castor Oil Market Forecast: Breakup by Region (in ‘000 Tons), 2021-2026
Table 4: North America: Castor Oil Market: Competitive Structure
Table 5: North America: Castor Oil Market: Key Players

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