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Castor Oil Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue
IMARC Group Email: sales@imarcgroup.com Website: www.imarcgroup.com Phone: (US)+1-631-791-1145, (IND) 91-120-415-5099 Copyright Š 2015 International Market Analysis Research & Consulting (IMARC). All Rights Reserved
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The Global Castor Oil Market and the Requirements for Setting up a Castor Oil Manufacturing Plant During 2014-2020, the global castor oil market is expected to grow at a CAGR of around 4%. India is currently the world’s biggest producer followed by China and Brazil. Castor oil is a versatile vegetable oil that is extracted from the seeds of the castor oil plant which is also known as “Ricinus Communis”. Castor oil currently finds its way into innumerable applications. The oil is used in the manufacturing of brake fluids, caulks, adhesives, dyes, electrical liquids, lubricating greases, machining oils, paints, pigments, inks, surfactants, soaps, polishes, flypapers, textiles, washing powders, waxes, etc. In the food industry, castor oil is widely used as an additive for flavoring and also as a mould inhibitor. Castor oil also has applications in the pharmaceutical, cosmetics, defense and the electronics & telecommunications industry. During 2014-2020, the global castor oil market is expected to grow at a CAGR of around 4%. India is currently the world’s largest producer followed by China and Brazil. Some of the largest manufacturers of castor oil include Adani Wilmar, Jayant Agro, Gokul Overseas, etc. IMARC’s latest study “Castor Oil Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue” provides a techno-commercial roadmap for setting up a castor oil manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the castor oil industry. This ranges from macro overview of the market to micro details of the industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the castor oil industry in any manner.
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Key Questions Answered in This Report? • • • • • • • • • • • • • • •
What are the key success and risk factors in the castor oil industry? How has the castor oil market performed so far and how will it perform in the coming years? What is the structure of the castor oil industry and who are the key players? What are the various unit operations involved in a castor oil plant? What is the total size of land required for setting up a castor oil plant? What are the machinery requirements for setting up a castor oil plant? What are the raw material requirements for setting up a castor oil plant? What are the utility requirements for setting up a castor oil plant? What are the manpower requirements for setting up a castor oil plant? What are the infrastructure costs for setting up a castor oil plant? What are the capital costs for setting up a castor oil plant? What are the operating costs for setting up a castor oil plant? What should be the pricing mechanism of castor oil? What will be the income and expenditures for a castor oil plant? What is the time required to break-even?
Table of Contents 1 Research Methodology 2 Executive Summary 3 Introduction to the Castor Oil Industry 4 Castor Oil Industry Analysis
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Castor Oil Industry
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4.1 Castor Oil Industry: Key Success and Risk Factors 4.1.1 Key Success Factors 4.1.2 Key Risk Factors 4.2 Global Castor Seed Industry 4.2.1 Current, Historical and Future Market Trends 4.2.2 Market Breakup by Region 4.3 Global Castor Oil Industry 4.3.1 Historical, Current and Future Market Performance 4.3.2 Market Breakup by Region 4.3.3 Applications of Castor Oil 4.3.4 Major Players 5 Processing and Manufacturing of Castor Oil 5.1 Castor Oil Processing Plant: Detailed Process Flow 5.2 Castor Oil Processing Plant: Various Types of Unit Operations Involved 6 Project Details, Requirements and Costs Involved 6.1 Land, Location and Site Development 6.2 Plant Layout 6.3 Plant and Machinery 6.4 Raw Materials 6.5 Utilities 6.6 Manpower 6.7 Other Capital Investments 7 Castor Oil Manufacturing Plant: Loans and Financial Assistance 8 Castor Oil Manufacturing Plant: Project Economics
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8.1 Capital Cost of the Project 8.2 Techno-Economic Parameters 8.3 Product Pricing 8.4 Income Projections 8.5 Expenditure Projections 8.6 Financial Analysis List of Figures Figure 4 1: Global: Castor Seed Production (in ‘000 Tons), 2007-2014 Figure 4 2: Global: Castor Seed Production Forecast (in ‘000 Tons), 2015-2020 Figure 4 3: Global: Castor Seed Production: Breakup by Region, 2014 Figure 4 4: India: Castor Seed Production: Breakup by Region, 2014 Figure 4 5: Global: Castor Oil Production (in ‘000 Tons), 2007-2014 Figure 4 6: Global: Castor Oil Production Forecast (in ‘000 Tons), 2015-2020 Figure 4 7: Global: Castor Oil Production Breakup by Region (in %), 2014 Figure 4 8: Global: Castor Oil Consumption Breakup by Region (in %), 2014 Figure 4 9: India: Castor Oil Market: Breakup by Application (in %), 2014 Figure 4 10: Global: Castor Oil Market: Breakup by Key Players (in %), 2014 Figure 5 1: Castor Oil Manufacturing Process: Conversion Rates of Feedstocks Figure 5 2: The Manufacturing Process of FSG Refined Castor Oil: Detailed Process Flow Figure 6 1: Castor Oil Manufacturing Plant: Proposed Plant Layout Figure 8 1: Castor Oil Manufacturing Plant: Breakup of Capital Costs (in %)
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Figure 8 2: Castor Oil Production: Manufacturing Cost Breakup (in %) Figure 8 3: Castor Seed Prices (in US$/Ton), 2007-2014 Figure 8 4: Castor Oil Prices (in US$/Ton), 2007-2014 Figure 8 5: Castor Meal Prices (in US$/Ton), 2007-2014 List of Tables Table 6 1: Castor Oil Manufacturing Plant: Costs Related to Land and Site Development (in US$) Table 6 2: Castor Oil Manufacturing Plant: Costs Related to Civil Works (in US$) Table 6 3: Castor Oil Manufacturing Plant: Castor Pressing Section Costs (in US$) Table 6 4: Castor Oil Manufacturing Plant: Oil Extraction Section Costs (in US$) Table 6 5: Castor Oil Manufacturing Plant: Oil Refining Section Costs (in US$) Table 6 6: Castor Oil Manufacturing Plant: Summary of Machine Costs (in US$) Table 6 7: Castor Oil Manufacturing Plant: Raw Material Requirements (in Tons/Day) Table 6 8: Castor Oil Manufacturing Plant: Costs Related to Salaries and Wages (in US$) Table 6 9: Castor Oil Manufacturing Plant: Costs Related to Other Capital Investments (in US$) Table 7 1: Details of Financial Assistance Offered by Financial Institutions in India Table 8 1: Castor Oil Manufacturing Plant: Capital Costs (in US$) Table 8 2: Castor Oil Manufacturing Plant: Techno-Economic Parameters Table 8 3: Castor Oil Manufacturing Plant: Income Projections (in US$) Table 8 4: Castor Oil Manufacturing Plant: Expenditure Projections (in US$) Table 8 5: Castor Oil Manufacturing Plant: Cash Flow Analysis Without Table 8 6: Castor Oil Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
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