The Castor Oil Derivatives market is estimated to be valued at US$ 1.29 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Castor oil derivatives are mainly used as feedstocks in industries such as cosmetics, pharmaceuticals, lubricants, plastics, and biodiesel. Some key applications and uses of ... Read more

Castor oil is a vegetable oil pressed from castor seeds which is used in various personal care and cosmetic products owing to its healing, humectant and hydrating properties. Castor oil derivatives especially hydrogenated castor oil, 12-hydroxystearate, undecylenic acid, sebacic acid etc. are extensively used in cosmetic formulations as emulsifiers and thickening agents. They provide a smooth texture and gel-like consistency to products. The growing personal care and cosmetics industry has ... Read more