Emerging Business Opportunities in Castor Oil Industries

Starts from its basic

Castor oil is one of most useful vegetable oil that is obtained from source of ricinus communis. Its pure pale yellow liquid material in form of fatty acid chain and its other significant components are ricinoleate, linoleates and oleate.

Castor Oil & its Derivatives

 Through up-gration of new technology various derivatives are produced for various industrial purposes. Such components are castor oil FSG, castor oil PP, blown castor oil, hydrogenated castor oil flake, dehydrogenated castor oil pale, recinoleic acid,12-hydroxy stearic acid flake and lithium hydroxide monohydrate and these derivatives are used in food, medicine, textile, electronics &telecommunications, cosmetic, paints and rubber industry.  

Industrial Uses

For diverse industries castor oil is used for various purposes.

Food industries – surfactants, flavouring and food packaging

Cosmetic –to make lipsticks, perfumes, toners, shampoos

Pharmaceuticals – tablet coating

Paint & Ink Industries – Ink, varnishes, dispersing additive

Paper- flypaper, water proofing additive

Conclusion

India, china and USA are the biggest consumer of castor oil products and are expected to gain growth in coming years. Increasing demand of renewable fuel is making castor oil market more lucrative. India & china are expected to continue its dominance on global castor oil derivative market. India accounts for largest production of castor oil derivatives around the world then china & Brazil.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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