Top 25 Global Blown Castor Oil Companies (2025–2035): Spherical Insights Analysis
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Blown Castor Oil Market Size is projected to Grow from USD 1.9065 Billion in 2024 to USD 3.621 Billion by 2035, at a CAGR of 6.01% during the forecast period 2025–2035. The market for Blown Castor Oil is growing demand due to the increasing demand for lubricants, coatings, and adhesives. Key drivers include sustainability trends, industrial expansion in Asia-Pacific, and the shift towards eco-friendly, high-performance materials in various applications.
Introduction
Blowing Castor oil is castor oil that has been treated with air or oxygen to increase its viscosity, oxidative stability and reaction. This amendment enhances its performance, making it ideal for use in coatings, adhesives, lubricants and plastic, offering better durability and resistance to wear and rust. In addition, the flown castor oil promotes its better properties and development in the coatings, adhesives and lubricants markets of the motor vehicle and packaging industries. This oil is biodegradable, renewable and durable contrary to petroleum-based oils. Increased efficiency is offered through technical reforms, and demand is increased with high-protest applications, biodegradable lubricants and green products. In addition, enlarged health and environmental consciousness motivates the growth of bio-based oils such as the demand for flying castor oil. In addition, opportunities lie in developing environmentally friendly products such as biodegradable lubricants and flying castor oil to develop environmentally friendly coatings. Innovation in the manufacturing process is an emerging trend with high adoption of green technologies. Demand for performance materials in various industries is increasing.
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Blown Castor Oil Market Size & Statistics
- The Market Size for Blown Castor Oil Was estimated to be worth USD 1.9065 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 6.01% between 2025 and 2035.
- The Global Blown Castor Oil Market Size is anticipated to reach USD 3.621 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Blown Castor Oil Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Blown Castor Oil Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the blown castor oil market.
This growth is mainly driven by rapid industrialization in countries such as China and India and increasing demand for bio-based, sustainable products. The automobile, construction, and manufacturing industries in Asia-Pacific are rapidly expanding and have a large demand for high-performance materials such as blown castor oil. Additionally, the growth is also boosted by the region's increasing awareness of eco-friendly alternatives and support from the government in green initiatives.
North America is expected to generate the highest demand during the forecast period in the blown castor oil market.
This is the primary reason as the region possesses a high level of demand for blown castor oil. The automotive and aerospace industries require it, alongside manufacturing. Besides, North America is at the forefront in terms of the adoption of sustainable and bio-based products that are environmentally friendly. The role of key market players, technological advances, and immense investment in the green initiative places North America atop the market.
Top 10 Trends in the Blown Castor Oil Market
- Sustainability and Bio-Based Products
- Growth in Lubricants
- Expanding Personal Care Applications
- Technological Innovation
- Development of Specialty Derivatives
- Demand for Biodegradable Packaging
- Regulatory Support for Green Products
- Increased Focus on Supply Chain Transparency
- High-Growth Regions
- Strategic Collaborations
1. Sustainability and Bio-Based Products
There's a strong push towards sustainable and bio-based alternatives to petrochemicals, with blown castor oil's biodegradability making it a key material in various eco-friendly products.
3. Growth in Lubricants
The demand for high-performance, biodegradable lubricants in the automotive, agricultural, and machinery sectors is a significant market driver for blown castor oil, thanks to its superior properties like heat resistance.
4. Expanding Personal Care Applications
The market is growing due to the increasing consumer preference for natural and organic ingredients in skincare, hair care, and wellness products.
5. Technological Innovation
Advancements in extraction techniques, bioengineering, and smart farming methods are improving oil quality, process efficiency, and crop yields, catering to a demand for high-quality, sustainably sourced products.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the blown castor oil market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Blown Castor Oil Market
- Jayant Agro-Organics
- Hokoku Corporation
- Thai Castor Oil Industries Co., Ltd.
- Adani Wilmar
- N.K. Industries Ltd.
- Arvalli Castor Derivatives Pvt. Ltd.
- Girnar Industries
- Gokul Agri International
- Itoh Oil Chemicals Co., Ltd.
- Vertellus
- Others
1. Jayant Agro-Organics
Headquarters: India
Jayant Agro-organics is a key player in the blown castor oil market, operating as a manufacturer and exporter of this and other castor-based specialty chemicals. The company's role is strengthened by its integrated manufacturing facilities and a strong focus on research and development. It offers a wide range of castor oil derivatives, including blown castor oil, which finds applications in various industries like paints, coatings, adhesives, and lubricants.
2. Hokoku Corporation
Headquarters: Japan
Hokoku Corporation is a key vendor in the global blown castor oil market, holding a significant position as a manufacturer of castor oil derivatives, particularly sebacic acid in Japan, and contributing to the broader growth of the castor oil and derivatives market through its role in the supply of these versatile, bio-based materials for pharmaceuticals, cosmetics, and industrial applications like lubricants and plastics. The company plays a part in meeting the growing demand for sustainable and eco-friendly products within the market.
3. Thai Castor Oil Industries
Headquarters: Thailand
Thai Castor Oil Industries Co., Ltd. plays a role as a key manufacturer and player within the global castor oil and derivatives market, contributing to the supply chain that includes blown castor oil. While specific market share data for Thai Castor Oil Industries in the blown castor oil segment isn't detailed, their involvement as an integrated producer of castor oil and derivatives suggests they are a supplier of raw materials or finished blown castor oil to industries like lubricants, coatings, and plastics.
4. Adani Wilmar
Headquarters: India
Adani Wilmar (AWL) is a significant player in the Blown Castor Oil market, primarily as a leading producer and exporter of castor oil and its derivatives in India, with a large crushing capacity and facilities for manufacturing value-added products like blown castor oil for global markets. The company's role includes leveraging its integrated operations from farm to consumer, utilizing its IndiaMART listings for high-quality products with competitive pricing, and contributing to India's position as the largest producer of castor oil by volume.
Are you ready to discover more about the Blown Castor Oil market?
The report provides an in-depth analysis of the leading companies operating in the global Blown Castor Oil market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Jayant Agro-Organics
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Hokoku Corporation
- Thai Castor Oil Industries Co., Ltd.
- Adani Wilmar
- N.K. Industries Ltd.
- Arvalli Castor Derivatives Pvt. Ltd.
- Girnar Industries
- Gokul Agri International
- Itoh Oil Chemicals Co., Ltd.
- Vertellus
- Others
Conclusion
The Blown Castor Oil Market Size is on a growth trajectory, driven by a global shift towards sustainability and the increasing demand for bio-based products across various industries. Its superior properties, such as enhanced viscosity and durability, make it a preferred choice over traditional petroleum-based alternatives in applications like coatings, adhesives, and lubricants. The market's expansion is further supported by technological innovations and a growing awareness of environmental concerns. While North America is expected to be a major contributor to the market, the Asia Pacific region is anticipated to exhibit the fastest growth, propelled by rapid industrialization and supportive government initiatives for green products. The presence of key market players and a focus on strategic collaborations are also shaping the market's positive outlook.
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