APO RESEARCH · REPORT
Castor
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Product & engineering
Understand the product.
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
Selected research
Industry Growth & Trends
Global Castor Industry Growth and Trends Forecast to 2032
Market perspective
Castor bean is the fruits of castor plants, the main use of them are producing castor oil which generally contains between 40% and 60% oil. At present India, China and Brazil are the main plant castor bean regions, especially India is the largest plant regions and production share of India is 70.02% in 2014.
The major players in global Castor market include Gokul Refoils and Solvent (GRSL), NK Proteins, Kisan Agro, etc. The top 3 players occupy about 25% shares of the global market. India is the main market, and occupies about 80% of the global market. Commercial Castor Oil is the main type, with a share about 50%. Industrial is the main application, which holds a share about 60%.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Castor market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Castor market size, estimates, and forecasts are presented in terms of sales volume (t) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Castor market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Castor.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Castor market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Castor Market by Company
Gokul Refoils and Solvent (GRSL)
NK Proteins
Kisan Agro
Girnar Industries
Kanak Castor Products
BOM
Shivam Agro
Adya Oils & Chemicals (AOCL)
Shivam Castor Products (SCPL)
Thai Castor Oil (TCO Group)
Itoh Oil Chemicals
Azevedo Industria
Hokoku Corporation
Tongliao Weiyu
Tianxing Group
Yellow River Oil
Guohua Oil
Qianjin Oil
Castor Segment by Type
Commercial Castor Oil
Refined Castor Oil
Pale Pressed Refined Castor Oil
Others
Castor Segment by Application
Food Industry
Industrial
Others
Castor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Castor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Castor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Castor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Castor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Castor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Commercial Castor Oil
- Refined Castor Oil
- Pale Pressed Refined Castor Oil
- Others
Applications
- Food Industry
- Industrial
- Others
Companies covered
- Gokul Refoils and Solvent (GRSL)
- NK Proteins
- Kisan Agro
- Girnar Industries
- Kanak Castor Products
- BOM
- Shivam Agro
- Adya Oils & Chemicals (AOCL)
- Shivam Castor Products (SCPL)
- Thai Castor Oil (TCO Group)
- Itoh Oil Chemicals
- Azevedo Industria
- Hokoku Corporation
- Tongliao Weiyu
- Tianxing Group
- Yellow River Oil
- Guohua Oil
- Qianjin Oil
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Castor Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Castor Sales Estimates and Forecasts (2021-2032)
- 1.3 Castor Market by Type
- 1.3.1 Commercial Castor Oil
- 1.3.2 Refined Castor Oil
- 1.3.3 Pale Pressed Refined Castor Oil
- 1.3.4 Others
- 1.4 Global Castor Market Size by Type
- 1.4.1 Global Castor Market Size Overview by Type (2021-2032)
- 1.4.2 Global Castor Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Castor Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Castor Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Castor Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Castor Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Castor Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Castor Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Castor Industry Trends
- 2.2 Castor Industry Drivers
- 2.3 Castor Industry Opportunities and Challenges
- 2.4 Castor Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Castor Revenue (2021-2026)
- 3.2 Global Top Players by Castor Sales (2021-2026)
- 3.3 Global Top Players by Castor Price (2021-2026)
- 3.4 Global Castor Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Castor Major Company Production Sites & Headquarters
- 3.6 Global Castor Company, Product Type & Application
- 3.7 Global Castor Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Castor Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Castor Players Market Share by Revenue in 2025
- 3.8.3 2025 Castor Tier 1, Tier 2, and Tier 3
4 Castor Regional Status and Outlook
- 4.1 Global Castor Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Castor Historic Market Size by Region
- 4.2.1 Global Castor Sales in Volume by Region (2021-2026)
- 4.2.2 Global Castor Sales in Value by Region (2021-2026)
- 4.2.3 Global Castor Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Castor Forecasted Market Size by Region
- 4.3.1 Global Castor Sales in Volume by Region (2027-2032)
- 4.3.2 Global Castor Sales in Value by Region (2027-2032)
- 4.3.3 Global Castor Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Castor by Application
- 5.1 Castor Market by Application
- 5.1.1 Food Industry
- 5.1.2 Industrial
- 5.1.3 Others
- 5.2 Global Castor Market Size by Application
- 5.2.1 Global Castor Market Size Overview by Application (2021-2032)
- 5.2.2 Global Castor Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Castor Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Castor Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Castor Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Castor Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Castor Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Castor Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Gokul Refoils and Solvent (GRSL)
- 6.1.1 Gokul Refoils and Solvent (GRSL) Company Information
- 6.1.2 Gokul Refoils and Solvent (GRSL) Business Overview
- 6.1.3 Gokul Refoils and Solvent (GRSL) Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Gokul Refoils and Solvent (GRSL) Castor Product Portfolio
- 6.1.5 Gokul Refoils and Solvent (GRSL) Recent Developments
- 6.2 NK Proteins
- 6.2.1 NK Proteins Company Information
- 6.2.2 NK Proteins Business Overview
- 6.2.3 NK Proteins Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 NK Proteins Castor Product Portfolio
- 6.2.5 NK Proteins Recent Developments
- 6.3 Kisan Agro
- 6.3.1 Kisan Agro Company Information
- 6.3.2 Kisan Agro Business Overview
- 6.3.3 Kisan Agro Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Kisan Agro Castor Product Portfolio
- 6.3.5 Kisan Agro Recent Developments
- 6.4 Girnar Industries
- 6.4.1 Girnar Industries Company Information
- 6.4.2 Girnar Industries Business Overview
- 6.4.3 Girnar Industries Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Girnar Industries Castor Product Portfolio
- 6.4.5 Girnar Industries Recent Developments
- 6.5 Kanak Castor Products
- 6.5.1 Kanak Castor Products Company Information
- 6.5.2 Kanak Castor Products Business Overview
- 6.5.3 Kanak Castor Products Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Kanak Castor Products Castor Product Portfolio
- 6.5.5 Kanak Castor Products Recent Developments
- 6.6 BOM
- 6.6.1 BOM Company Information
- 6.6.2 BOM Business Overview
- 6.6.3 BOM Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 BOM Castor Product Portfolio
- 6.6.5 BOM Recent Developments
- 6.7 Shivam Agro
- 6.7.1 Shivam Agro Company Information
- 6.7.2 Shivam Agro Business Overview
- 6.7.3 Shivam Agro Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Shivam Agro Castor Product Portfolio
- 6.7.5 Shivam Agro Recent Developments
- 6.8 Adya Oils & Chemicals (AOCL)
- 6.8.1 Adya Oils & Chemicals (AOCL) Company Information
- 6.8.2 Adya Oils & Chemicals (AOCL) Business Overview
- 6.8.3 Adya Oils & Chemicals (AOCL) Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Adya Oils & Chemicals (AOCL) Castor Product Portfolio
- 6.8.5 Adya Oils & Chemicals (AOCL) Recent Developments
- 6.9 Shivam Castor Products (SCPL)
- 6.9.1 Shivam Castor Products (SCPL) Company Information
- 6.9.2 Shivam Castor Products (SCPL) Business Overview
- 6.9.3 Shivam Castor Products (SCPL) Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Shivam Castor Products (SCPL) Castor Product Portfolio
- 6.9.5 Shivam Castor Products (SCPL) Recent Developments
- 6.10 Thai Castor Oil (TCO Group)
- 6.10.1 Thai Castor Oil (TCO Group) Company Information
- 6.10.2 Thai Castor Oil (TCO Group) Business Overview
- 6.10.3 Thai Castor Oil (TCO Group) Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Thai Castor Oil (TCO Group) Castor Product Portfolio
- 6.10.5 Thai Castor Oil (TCO Group) Recent Developments
- 6.11 Itoh Oil Chemicals
- 6.11.1 Itoh Oil Chemicals Company Information
- 6.11.2 Itoh Oil Chemicals Business Overview
- 6.11.3 Itoh Oil Chemicals Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Itoh Oil Chemicals Castor Product Portfolio
- 6.11.5 Itoh Oil Chemicals Recent Developments
- 6.12 Azevedo Industria
- 6.12.1 Azevedo Industria Company Information
- 6.12.2 Azevedo Industria Business Overview
- 6.12.3 Azevedo Industria Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Azevedo Industria Castor Product Portfolio
- 6.12.5 Azevedo Industria Recent Developments
- 6.13 Hokoku Corporation
- 6.13.1 Hokoku Corporation Company Information
- 6.13.2 Hokoku Corporation Business Overview
- 6.13.3 Hokoku Corporation Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Hokoku Corporation Castor Product Portfolio
- 6.13.5 Hokoku Corporation Recent Developments
- 6.14 Tongliao Weiyu
- 6.14.1 Tongliao Weiyu Company Information
- 6.14.2 Tongliao Weiyu Business Overview
- 6.14.3 Tongliao Weiyu Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Tongliao Weiyu Castor Product Portfolio
- 6.14.5 Tongliao Weiyu Recent Developments
- 6.15 Tianxing Group
- 6.15.1 Tianxing Group Company Information
- 6.15.2 Tianxing Group Business Overview
- 6.15.3 Tianxing Group Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Tianxing Group Castor Product Portfolio
- 6.15.5 Tianxing Group Recent Developments
- 6.16 Yellow River Oil
- 6.16.1 Yellow River Oil Company Information
- 6.16.2 Yellow River Oil Business Overview
- 6.16.3 Yellow River Oil Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Yellow River Oil Castor Product Portfolio
- 6.16.5 Yellow River Oil Recent Developments
- 6.17 Guohua Oil
- 6.17.1 Guohua Oil Company Information
- 6.17.2 Guohua Oil Business Overview
- 6.17.3 Guohua Oil Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Guohua Oil Castor Product Portfolio
- 6.17.5 Guohua Oil Recent Developments
- 6.18 Qianjin Oil
- 6.18.1 Qianjin Oil Company Information
- 6.18.2 Qianjin Oil Business Overview
- 6.18.3 Qianjin Oil Castor Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Qianjin Oil Castor Product Portfolio
- 6.18.5 Qianjin Oil Recent Developments
7 North America by Country
- 7.1 North America Castor Sales by Country
- 7.1.1 North America Castor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Castor Sales by Country (2021-2026)
- 7.1.3 North America Castor Sales Forecast by Country (2027-2032)
- 7.2 North America Castor Market Size by Country
- 7.2.1 North America Castor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Castor Market Size by Country (2021-2026)
- 7.2.3 North America Castor Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Castor Sales by Country
- 8.1.1 Europe Castor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Castor Sales by Country (2021-2026)
- 8.1.3 Europe Castor Sales Forecast by Country (2027-2032)
- 8.2 Europe Castor Market Size by Country
- 8.2.1 Europe Castor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Castor Market Size by Country (2021-2026)
- 8.2.3 Europe Castor Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Castor Sales by Country
- 9.1.1 Asia-Pacific Castor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Castor Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Castor Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Castor Market Size by Country
- 9.2.1 Asia-Pacific Castor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Castor Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Castor Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Castor Sales by Country
- 10.1.1 South America Castor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Castor Sales by Country (2021-2026)
- 10.1.3 South America Castor Sales Forecast by Country (2027-2032)
- 10.2 South America Castor Market Size by Country
- 10.2.1 South America Castor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Castor Market Size by Country (2021-2026)
- 10.2.3 South America Castor Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Castor Sales by Country
- 11.1.1 Middle East and Africa Castor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Castor Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Castor Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Castor Market Size by Country
- 11.2.1 Middle East and Africa Castor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Castor Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Castor Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Castor Value Chain Analysis
- 12.1.1 Castor Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Castor Production Mode & Process
- 12.2 Castor Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Castor Distributors
- 12.2.3 Castor Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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