| Product Code: ETC7539408 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of castor oil and derivatives in 2024 continued to show high concentration, with the top exporting countries being the USA, India, Germany, Metropolitan France, and Canada. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market dominance by these countries. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 14.75%, reflecting the growing demand for castor oil and derivatives in India. However, there was a slight decline in growth rate from 2023 to 2024, with a rate of -4.34%, suggesting potential market fluctuations in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Castor Oil & Derivatives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Castor Oil & Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 India Castor Oil & Derivatives Market - Industry Life Cycle |
3.4 India Castor Oil & Derivatives Market - Porter's Five Forces |
3.5 India Castor Oil & Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Castor Oil & Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Castor Oil & Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic products in various industries such as cosmetics, pharmaceuticals, and food beverages. |
4.2.2 Increasing awareness about the benefits of castor oil and derivatives for health and wellness purposes. |
4.2.3 Expansion of the industrial sector in India leading to higher consumption of castor oil and derivatives. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of castor seeds impacting the production cost of castor oil and derivatives. |
4.3.2 Limited availability of quality raw materials affecting the supply chain of castor oil and derivatives. |
4.3.3 Stringent regulations and quality standards in the manufacturing process of castor oil and derivatives. |
5 India Castor Oil & Derivatives Market Trends |
6 India Castor Oil & Derivatives Market, By Types |
6.1 India Castor Oil & Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Castor Oil & Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Castor Oil & Derivatives Market Revenues & Volume, By Sebacic Acid, 2021- 2031F |
6.1.4 India Castor Oil & Derivatives Market Revenues & Volume, By 12-HSA, 2021- 2031F |
6.1.5 India Castor Oil & Derivatives Market Revenues & Volume, By Ricinoleic Acid, 2021- 2031F |
6.1.6 India Castor Oil & Derivatives Market Revenues & Volume, By Hydrogenated Castor Oil (Castor Wax), 2021- 2031F |
6.1.7 India Castor Oil & Derivatives Market Revenues & Volume, By Undecylenic Acid, 2021- 2031F |
6.1.8 India Castor Oil & Derivatives Market Revenues & Volume, By Dehydrated Castor Oil, 2021- 2031F |
6.2 India Castor Oil & Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Castor Oil & Derivatives Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.2.3 India Castor Oil & Derivatives Market Revenues & Volume, By Surface Coatings, 2021- 2031F |
6.2.4 India Castor Oil & Derivatives Market Revenues & Volume, By Biodiesel, 2021- 2031F |
6.2.5 India Castor Oil & Derivatives Market Revenues & Volume, By Cosmetics and Pharmaceuticals, 2021- 2031F |
6.2.6 India Castor Oil & Derivatives Market Revenues & Volume, By Plastics and Resins, 2021- 2031F |
6.2.7 India Castor Oil & Derivatives Market Revenues & Volume, By Others, 2021- 2031F |
7 India Castor Oil & Derivatives Market Import-Export Trade Statistics |
7.1 India Castor Oil & Derivatives Market Export to Major Countries |
7.2 India Castor Oil & Derivatives Market Imports from Major Countries |
8 India Castor Oil & Derivatives Market Key Performance Indicators |
8.1 Average selling price of castor oil and derivatives. |
8.2 Export-import ratio of castor oil and derivatives. |
8.3 Adoption rate of castor oil and derivatives in new applications. |
8.4 Investment in research and development for innovative castor oil products. |
9 India Castor Oil & Derivatives Market - Opportunity Assessment |
9.1 India Castor Oil & Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Castor Oil & Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Castor Oil & Derivatives Market - Competitive Landscape |
10.1 India Castor Oil & Derivatives Market Revenue Share, By Companies, 2024 |
10.2 India Castor Oil & Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |