France Castor Oil & Derivatives Market Size & Outlook
France castor oil & derivatives market, 2018-2030 (US$M)
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France castor oil & derivatives market highlights
- The France castor oil & derivatives market generated a revenue of USD 49.1 million in 2023 and is expected to reach USD 85.3 million by 2030.
- The France market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, 12hsa was the largest revenue generating product in 2023.
- Ricinoleic Acid is the most lucrative product segment registering the fastest growth during the forecast period.
Castor oil & derivatives market data book summary
| Market revenue in 2023 | USD 49.1 million |
| Market revenue in 2030 | USD 85.3 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | 12hsa |
| Fastest growing segment | Ricinoleic Acid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sebacic acid, 12HSA, Ricinoleic Acid, Hydrogenated Castor Oil, Undecylenic Acid, Dehydrated Castor Oil |
| Key market players worldwide | Thai Oil PCL ADR, Adani Wilmar, Hokuriku Electric Power Co Inc, ITOCHU Corp, Jayant Agro-Organics, RPK Group, Taj Agro, N K Proteins, Castor, Liaoning Shengde Huaxing Chemical Co., Gokul Agro Resources, Vertellus, Yuki Gosei Kogyo |
Other key industry trends
- In terms of revenue, France accounted for 3.7% of the global castor oil & derivatives market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany castor oil & derivatives market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 85.3 million by 2030.
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Castor Oil & Derivatives Market Scope
Castor Oil & Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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France castor oil & derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to castor oil & derivatives market will help companies and investors design strategic landscapes.
12hsa was the largest segment with a revenue share of 29.53% in 2023. Horizon Databook has segmented the France castor oil & derivatives market based on sebacic acid, 12hsa, ricinoleic acid, hydrogenated castor oil, undecylenic acid, dehydrated castor oil covering the revenue growth of each sub-segment from 2018 to 2030.
Castor oil is one of the most versatile vegetative oil having a unique chemical structure. It is becoming one of the most sought plant oil for its use in a wide range of industrial applications. There has been a tremendous growth opportunity for the oil-based chemicals market in France as the chemicals are significantly used in cosmetics products including moisturizers, creams, hair conditioners, and antidandruff shampoos.
Castor oil is mixed as additives with major raw materials such as sunflower, palm, rapeseed, and soybeans oil to obtain these cosmetics products. France is one of the major exporters of cosmetic products and accounts for almost half of the European exports in this industry. The country is home to some of the major multinational brands such as Bioderma, Biotherm, NUXE, Clarins, etc.
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Our clientele includes a mix of castor oil & derivatives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France castor oil & derivatives market , including forecasts for subscribers. This country databook contains high-level insights into France castor oil & derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France castor oil & derivatives market size, by product, 2018-2030 (US$M)
France Castor Oil & Derivatives Market Outlook Share, 2023 & 2030 (US$M)
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