Nov 7, 2018   SOURCE: BusinessWire

Global Ricinoleic Acid Market 2018-2022 - Increasing Demand from Cosmetic and Personal Care Product Segments - ResearchAndMarkets.com

The "Global Ricinoleic Acid Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global ricinoleic acid market to grow at a CAGR of 4.52% during the period 2018-2022.

Global Ricinoleic Acid 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the use of ricinoleic acid by different end- users.

According to the report, one of the major drivers for this market is the fluctuating oil prices. The fluctuation can affect their profit margins due to the supply demand imbalance and this will lead to increase in the price of end- products.

The latest trend gaining momentum in the market is the increasing demand for cosmetic and personal care products. Ricinoleic acid is used as an emollient and wetting agent in the manufacturing of shampoos, perfumery products and many others.

Further, the report states that one of the major factors hindering the growth of this market is the side effects of castor oil. The overdose or laxative properties of castor oil can cause may health issues.

Key Market Trends

  • Growing shift toward bio-based chemicals
  • Increasing demand from cosmetic and personal care product segments
  • Strategic initiatives by leading vendors

Key vendors

  • acme synthetic chemicals
  • Gokul Agro Resource
  • ITOH OIL CHEMICALS
  • JAYANT AGRO-ORGANICS
  • Merck
  • NK Industries

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Market Segmentation By End-User

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/6pckc3/global_ricinoleic?w=4