Indian Castor Oil Derivatives Market is expected to grow at a CAGR of 4.8% and…

Indian Castor Oil Derivatives Market is expected to grow at a CAGR of 4.8% and…

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Castor Oil and Derivatives Market have a good reputation in the pharmaceutical industry for their ability to treat wounds by promoting healing and acting as a lubricant for tablets and capsules. Ricinoleic acid has anti-inflammatory and analgesic effects that relieve pain and reduce skin irritation.

Castor seed vegetable oil is used for a variety of industrial, pharmacological, and medicinal purposes. Castor oil and its derivatives have recently experienced an increasing demand due to their functional properties that have made them a useful element in many applications.

Indian industry players are focusing on exports as demand for castor oil derivatives has increased significantly in North America and Asia.

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Key Characters:

    • Adani Wilmar Ltd.
    • Ambuja Solvex Pvt. GmbH.
    • Amee Castor & Derivatives Ltd
    • Arvalli Castor Derivatives Pvt Ltd
    • Kristol
    • Ginar Industries
    • Globexo India
    • Gokul Agri International Ltd
    • Guru Raghavendra Chemicals
    • Jayant Agro-Organics Limited
    • Kisan Agro
    • NK Industries Limited
    • Royal Castor Products Limited
    • Shri Bhagwati Oil Mil
    • Silverline Chemicals
    • Uday Oil Group

The castor oil market has thrived over the past few decades as both governments and companies have shifted their focus towards eco-friendly practices and the discovery of renewable resources. The need for renewable fuel sources is being driven by volatile oil and fossil fuel prices and growing concerns about global warming. This cooking oil is used as a raw material for biodiesel.

Due to growing concerns about deforestation and greenhouse gas emissions, the demand for alternative raw materials is increasing. Castor seeds have a high oil content (50%) and can yield up to 140 gallons of castor oil per acre of land. This element is expected to increase the potential for biodiesel without endangering food crops.

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