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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Castor oil is a vegetable oil derived from the seeds of the castor oil plant, Ricinus communis. It has been used for centuries for its healing, soothing and moisturizing properties.
It is commonly used in skincare and cosmetics, as well as in the medical field for its anti-inflammatory and antimicrobial properties.
Castor oil is made up of a variety of fatty acids, including ricinoleic acid, linoleic acid, oleic acid, and palmitic acid. Ricinoleic acid is the most prominent fatty acid in castor oil and is responsible for many of the oilâs healing properties.
It is believed to be effective at reducing inflammation and promoting healing. It also has strong antibacterial, antifungal and antiviral properties.Castor oil is a popular choice in skincare and cosmetics due to its moisturizing properties.
It is often found in products such as lotions and creams and is also used as a carrier oil for essential oils. It is believed to help reduce wrinkles and improve skin elasticity. It can also be used to treat skin conditions such as acne, psoriasis, eczema, and dermatitis.
The oil is also used in the medical field for its anti-inflammatory and antimicrobial properties. It is often used as an alternative to topical steroid creams and is believed to be effective at treating skin infections.
It is also used to treat joint pain and inflammation.Castor oil has a long history of use in traditional remedies and has been used for centuries to treat a variety of ailments.
It is a versatile oil with many beneficial properties and is one of the most popular natural oils used in skincare and cosmetics.
The Global Bio Castor oil market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Advanced Bio-Circular materials platform at Arkema is supporting sustainable castor oil farming projects in order to develop the feedstock needed to produce Rilsan® polyamide 11, an ultra-high-performance resin chemistry that is made entirely of renewable castor oil.
In Gujarat, India, where castor beans account for 80% of the world's production, Arkema is a founding member of the Pragati initiative, which promotes sustainable castor oil farming.
They have aimed to certify and educate farmers in order to support the following: encourage the adoption of good waste management practises; foster improved health and safety standards and respect for human rights; and use good agricultural practices to increase yield and, consequently, income.
Castor oil produced from castor bean seeds is used in the development of a novel polymer with a high bio-content, which was announced by Fujitsu Limited and Fujitsu Laboratories Limited. Better flexibility that can tolerate repeated bending is a property of the new bio-based polymer.
Fujitsu intends to employ this novel bio-based polymer for tiny parts of mobile phones and laptop computers, like connection covers.The new material that is produced has enough flexibility to tolerate repeated bending without producing the whitening that frequently happens when such materials are stretched because the chain molecule in PA-11's interaction has been weakened and the stereo-regularity of their organisation has been relaxed.
Additionally, Fujitsu has been successful in developing a prototype for several notebook PC cover components that have an extraordinarily high bio-content of 60â80%. It is believed that the material could eventually be employed in PC chassis and other bigger components because the polymer maintains good impact-resistance even when high-density fillers are added to boost strength.
In an effort to lessen its environmental impact, Fujitsu intends to carry out more research on bio-based polymers made from castor oil. These polymers may be used in small components for mobile phones and laptop computers, and the company will also keep exploring ways to incorporate them into larger components.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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