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Global Castor Oil And Derivatives (Sebacic Acid, Ricinoleic Acid, Undecylenic Acid, Castor Wax, Dehydrated Castor Oil) Market 2016-2024 - Research and Markets RESEARCH AND MARKETS October 11, 2016 04:41 AM Eastern Daylight Time
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DUBLIN--(BUSINESS WIRE)--Research and M arkets has announced the addition of the "Castor Oil And Derivatives Market Analysis By Product, By Application And Segment Forecasts To 2024" report to their offering.
“Castor Oil And Derivatives Market Analysis By Product, By Application And Segment Forecasts To 2024� Tweet this
The global castor oil and derivatives market is expected to reach USD 2.30 billion by 2024 Rise in petrochemical prices coupled with growing end-use commercial activity and demand for the sustainable and renewable source is expected to compel the market growth over the next eight years.
The global castor oil and derivatives market demand was 718.5 kilo tons in 2015 and is expected to reach 1,085.2 kilo tons by 2024, growing at a CAGR of 4.7% from 2016 to 2024 The market is estimated to witness a high growth owing to increase in demand for biodegradable products and increasing trend to reduce dependence on petrochemicals are expected to foster the market growth. Asia Pacific dominated the overall market. Growth in end-use markets such as personal care, lubricants, and pharmaceuticals is presumed to fuel the regional demand over the next eight years. W ith PDFmyURL anyone can convert entire websites to PDF!
Contacts Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917300-0470 For U.S./CAN Toll Free Call 1-800526-8630 For GMT Office Hours Call +353-1416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Derivatives, Fragrance, Flavor and Aroma Chemicals, Lubricants and Greases, Cosmetic Raw Materials
Easy availability of castor seed is presumed to contribute to the regional industry development. Rising demand for renewable sources is estimated to fuel the market consumption. Thus, Asia Pacific is projected to witness rapid growth over the forecast period. Advancements and innovation to develop better quality product have been important strategies implemented by major companies. The market vendors have been heavily investing in research & development to create novel applications and gain competitive advantage. Key market participants include Thai Castor Oil Industries Co. Ltd. ITOH Oil Chemicals Co. Ltd. Jayant Agro Organics Hokoku Corporation RPK Agrotech Taj Agro Products TongliaoTongHua Castor Chemical Co. Ltd. XingtaiLantian Fine Chemical Co. Ltd. NK Proteins Adani Wilmars Kanak Castor Products Pvt. Ltd. Liaoyang Huaxing Chemical Co., Ltd. Enovel Bom Brazil Gokul Overseas Key Topics Covered: 1. Executive Summary 2. Castor Oil And DerivativesIndustry Outlook 3. Castor Oil AndDerivativesProduct Outlook 4. Castor Oil AndDerivativesApplicationOutlook W ith PDFmyURL anyone can convert entire websites to PDF!
5. Castor Oil AndDerivativesRegional Outlook 6. Competitive Landscape For more information about this report visit http://www.researchandmarkets.com/research/zc2snl/castor_oil_and
Contacts Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Derivatives, Fragrance, Flavor and Aroma Chemicals, Lubricants and Greases, Cosmetic Raw Materials
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