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Castor Oil-Based Biopolymer Market - A Global and Regional Analysis: Focus on End User, Polymer Type, Form, and Region - Analysis and Forecast, 2022-2031


Global Castor Oil-Based Biopolymer Market: Industry Overview The global castor oil-based biopolymer market is projected to reach $3,320.9 million by 2031 from $741.3 million in 2021, growing at ... もっと見る

 

 

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2023年1月6日 US$5,250
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Summary

Global Castor Oil-Based Biopolymer Market: Industry Overview

The global castor oil-based biopolymer market is projected to reach $3,320.9 million by 2031 from $741.3 million in 2021, growing at a CAGR of 16.7% during the forecast period 2022-2031.

The demand for castor oil-based biopolymers is anticipated to grow with the increasing adoption of bio-polyamides from end-user industries such as automotive, household appliances, oil and gas, and others. Furthermore, it is anticipated that during the projected period (2022-2031), the increasing adoption of high-performance bio-polyamides in the automotive industry and growing usage of sustainable biopolymers in sports accessories, such as helmets and shoes, are expected to further fuel the advancement of the global castor oil-based biopolymer market. The advanced characteristics of castor oil-based biopolymers, such as easy processing, chemical resistance, toughness, dimensional stability, and abrasion resistance, support their adoption by a wide range of end users. However, the high cost of castor oil-based biopolymers, frequent fluctuating raw material prices, and dependency on India as only one major castor seed supplier is anticipated to hinder market growth in the upcoming future.

Market Lifecycle Stage

The global castor oil-based biopolymer market is in the growth phase. The rising awareness about biopolymers across the globe, along with stringent government regulations pertaining to supporting a carbon-neutral economy, is expected to drive the demand for sustainable biopolymer solutions. Additionally, growing research and development activities, along with rising investments, are expected to boost market innovations. The adoption of bio-polyamides in various apparel brands is gaining momentum owing to superior characteristics such as extremely breathable, ultra-light, and super stretch product. Moreover, the global castor oil-based biopolymer market is expected to benefit from the growing household appliances industry in developing economies owing to rising disposable income and increasing number of nuclear families, among others.

Industrial Impact

Castor oil-based biopolymers continue to improve the toughness, chemical resistance, aesthetics, and durability of the materials to which they are applied. As a result, castor oil-based biopolymer materials are gaining importance in a variety of end users, including heavy commercial automotives, household appliances, and textiles, among others. One area where the adoption of castor oil-based biopolymer has been rising at a considerable pace is the automotive industry, as castor oil-based biopolymer auto parts are lightweight, thereby enhancing fuel efficiency and minimizing carbon emission. This is expected to create opportunities for both existing market participants and market entrants.

Furthermore, castor oil-based biopolymers have a moderate to high impact on end-user industries; however, in the upcoming future, with increased adoption of high-end household appliances, sustainable textiles, rising automotive production, and other applications, the impact is anticipated to increase.

Impact of COVID-19

COVID-19 had a considerable impact on the global castor oil-based biopolymer market owing to country-wide lockdowns, labor shortages, temporary shutdown of manufacturing sites, and disruptions in supply chains globally. The lockdowns imposed by the governments significantly reduced automotive production, thereby further shown adverse impact on the market. China is one of the major consumers of castor oil-based biopolymer and zero covid policy adopted by the country has shown sever adverse impact on raw material supply chain. The global demand for castor oil-based biopolymers have been adversely impacted by these downturns in the end-user industries. However, the market is expected to recover with growing automotive industry gradually over the forecast period.

Market Segmentation

Segmentation 1: by End User
• Automotive
• Solar
• Household Appliances
• Textile
• Oil and Gas
• Others

Based on the end user, the automotive segment dominated the castor oil-based biopolymer market in 2021 and is expected to showcase considerable growth, owing to rising sales of passenger cars across the globe.

Segmentation 2: by Polymer Type
• Bio-Polyamides
o Bio-Polyamide 6
o Bio-Polyamide 10 and 11
• Bio-Polyurethane
• Others

Among different polymer types, bio-polyamides are anticipated to lead the market during the forecast period (2022-2031).

Segmentation 3: by Form
• Pellets
• Yarns
• Others

The global castor oil-based biopolymer market is estimated to be led by pellets in terms of form.

Segmentation 4: by Region
• North America - U.S., Canada, and Mexico
• Europe - Germany, France, Italy, Spain, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific and Japan - Japan, South Korea, India, and Rest-of-Asia-Pacific
• Rest-of-the-World - Middle East and Africa and South America

In the global castor oil-based biopolymer market, China and Asia-Pacific and Japan are estimated to gain traction in castor oil-based biopolymer production, owing to the continuous growth in automotive production and the presence of key manufacturers in the regions.

Recent Developments in the Global Castor Oil-Based Biopolymer Market

• In October 2022, Toray Industries, Inc. developed “Ultrasuede nu,” a polyester-based headrest cover. The cover is made up of three structures, including ultra-fine fibers, elastomer, and scrim. The elastomer is composed of castor oil-based polyurethane material. With the launch of Ultrasuede nu material, the company is focusing on the development of eco-conscious products and thereby enhancing its capabilities in a sustainable ecosystem.
• In January 2022, Toray Industries, Inc. announced the commercialization of nylon grade (N510) fiber, developed with the usage of 100% plant-based fiber. The product is predominantly used for athletic and outdoor fabrics, which also include compact snip textiles and embroidered components for garments.
• In October 2021, Arkema announced the establishment of a new bio-based polyamide 11 powder plant in China. The plant will commence production in the first quarter of 2023. The rising adoption of biopolymers in 3D printing and the company’s strategic partnership with HP are expected to drive the demand for polyamide 11 powder over the forecast period.

Demand – Drivers and Limitations

Following are the demand drivers for the global castor oil-based biopolymer market:

• Growing Automotive Industry across the Globe
• Rising Demand for High-Performance Polyamide Yarns in Textile Industry
• Advanced Chemical and Mechanical Properties of Castor Oil-Based Biopolymers

The market is expected to face some limitations as well due to the following challenges:

• Dependency Only on India for Crop Cultivation of Castor Beans
• High Cost and Rising Price Volatility of Raw Materials

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different polymer types involved in the production of castor oil-based biopolymers, such as bio-polyamides, bio-polyurethane, and others. Moreover, the study provides the reader with a detailed understanding of the global castor oil-based biopolymer market based on the end user (automotive, solar, household appliances, oil and gas, textile, and others). Castor oil-based biopolymers are gaining traction in end-user industries on the back of sustainability concerns and their excellent properties, such as lightweight, toughness, and chemical and abrasion resistance.

Growth/Marketing Strategy: The global castor oil-based biopolymer market has seen major development by key players operating in the market, such as the establishment of new production facilities, product development, mergers and acquisitions, and strategic joint ventures to strengthen their position in the global castor oil-based biopolymer market. For instance, in March 2022, Nexis Fibers showcased its semi-biobased polyamide filaments products made with 63% of castor oil. The product is showcased in Techtextil, an international trade fair for technical textiles and nonwovens.

Competitive Strategy: Key players in the global castor oil-based biopolymer market analyzed and profiled in the study involve castor oil-based biopolymer manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the global castor oil-based biopolymer market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as agreements, partnerships, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company’s coverage, product portfolio, and market penetration.

The global castor oil-based biopolymer market has been segmented by different polymer types, among which bio-polyamides captured around 98.28% of the market as of 2021. The bio-polyamides segment is further bifurcated into bio-polyamide 6 and bio-polyamide 10 & 11. The bio-polyamide 6 accounted for 10.81%, and bio-polyamide 10 and 11 accounted for 87.47%. Other polymer types, including bio-polyurethane, accounted for around 1.12%, and other polymer types accounted for 0.6% of the total demand in 2021 in terms of value.

Key Companies Profiled

• Arkema
• Evonik Industries AG
• BASF SE
• EMS-Chemie Holding AG
• Solvay S.A.
• Toray Industries, Inc.
• UNITIKA LTD.
• RadiciGroup
• Fulgar SpA
• DSM
• DuPont de Nemours, Inc.
• Mitsui Chemicals Inc.
• Nexis Fibers
• VAUDE Sport GmbH & Co. KG
• EOS GmbH
• AWAKE CONCEPT
• NEUBAU EYEWEAR gmbh
• Lanxess AG
• BIO-FED
• Asahi Kasei Corporation

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Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Growing Electronic Industry and Emerging Use of Castor Oil-Based Biopolymers
1.1.1.2 Growing Awareness about Sustainability and Biopolymers
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Castor Oil-Based Biopolymer Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growing Automotive Industry across the Globe
1.2.1.2 Rising Demand for High-Performance Polyamide Yarns in Textile Industry
1.2.1.3 Advanced Chemical and Mechanical Properties of Castor Oil-Based Biopolymers
1.2.2 Business Challenges
1.2.2.1 Dependency Only on India for Crop Cultivation of Castor Beans
1.2.2.2 High Cost and Rising Price Volatility of Raw Materials
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Business Opportunities
1.2.4.1 Emerging Additive Manufacturing Sector and Use of Castor Oil-Based Biopolymer Powders in 3D Printing
1.2.4.2 Emerging Self-Driving/Autonomous Vehicles Industry
1.3 Start-Up/Emerging Manufacturer Landscape
1.3.1 Key Start-Ups/Emerging Manufacturers in the Ecosystem
2 Application
2.1 Global Castor Oil-Based Biopolymer Market (Applications and Specifications)
2.1.1 Global Castor Oil-Based Biopolymer Market (by End User)
2.1.1.1 Automotive
2.1.1.2 Solar
2.1.1.3 Household Appliances
2.1.1.4 Textile
2.1.1.5 Oil and Gas
2.1.1.6 Others
2.2 Demand Analysis of Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
3 Products
3.1 Global Castor Oil-Based Biopolymer Market (Products and Specifications)
3.1.1 Global Castor Oil-Based Biopolymer Market (by Polymer Type)
3.1.1.1 Bio-Polyamides
3.1.1.1.1 Bio-Polyamide 6
3.1.1.1.2 Bio-Polyamide 10 and 11
3.1.1.2 Bio-Polyurethane
3.1.1.3 Others
3.2 Demand Analysis of Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
3.3 Global Castor Oil-Based Biopolymer Market (by Form)
3.3.1 Pellets
3.3.2 Yarns
3.3.3 Others
3.4 Demand Analysis of Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
3.5 Patent Analysis
3.5.1 Patent Analysis (by Organization)
3.6 Product Benchmarking: Growth Rate-Market Share Matrix, By Form, 2021
3.7 Castor Oil-Based Biopolymer Market: Average Pricing Analysis
4 Regions
4.1 North America
4.1.1 Market
4.1.1.1 Key Producers and Suppliers in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Applications
4.1.2.1 North America Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.1.3 Products
4.1.3.1 North America Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.1.3.2 North America Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Producers and Suppliers in the U.S.
4.1.4.1.1.3 Business Drivers
4.1.4.1.1.4 Business Challenges
4.1.4.1.2 Applications
4.1.4.1.2.1 U.S. Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.1.4.1.3 Products
4.1.4.1.3.1 U.S. Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.1.4.1.3.2 U.S. Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Producers and Suppliers in Canada
4.1.4.2.1.3 Business Drivers
4.1.4.2.1.4 Business Challenges
4.1.4.2.2 Applications
4.1.4.2.2.1 Canada Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.1.4.2.3 Products
4.1.4.2.3.1 Canada Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.1.4.2.3.2 Canada Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Producers and Suppliers in Mexico
4.1.4.3.1.3 Business Drivers
4.1.4.3.1.4 Business Challenges
4.1.4.3.2 Applications
4.1.4.3.2.1 Mexico Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.1.4.3.3 Products
4.1.4.3.3.1 Mexico Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.1.4.3.3.2 Mexico Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2 Europe
4.2.1 Market
4.2.1.1 Key Producers and Suppliers in Europe
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Applications
4.2.2.1 Europe Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.3 Products
4.2.3.1 Europe Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.3.2 Europe Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2.4 Europe (by Country)
4.2.4.1 Germany
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Producers and Suppliers in Germany
4.2.4.1.1.3 Business Drivers
4.2.4.1.1.4 Business Challenges
4.2.4.1.2 Applications
4.2.4.1.2.1 Germany Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.4.1.3 Products
4.2.4.1.3.1 Germany Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.4.1.3.2 Germany Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2.4.2 France
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Producers and Suppliers in France
4.2.4.2.1.3 Business Drivers
4.2.4.2.1.4 Business Challenges
4.2.4.2.2 Applications
4.2.4.2.2.1 France Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.4.2.3 Products
4.2.4.2.3.1 France Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.4.2.3.2 France Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2.4.3 Italy
4.2.4.3.1 Market
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Key Producers and Suppliers in Italy
4.2.4.3.1.3 Business Drivers
4.2.4.3.1.4 Business Challenges
4.2.4.3.2 Applications
4.2.4.3.2.1 Italy Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.4.3.3 Products
4.2.4.3.3.1 Italy Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.4.3.3.2 Italy Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2.4.4 Spain
4.2.4.4.1 Market
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Key Producers and Suppliers in Spain
4.2.4.4.1.3 Business Drivers
4.2.4.4.1.4 Business Challenges
4.2.4.4.2 Applications
4.2.4.4.2.1 Spain Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.4.4.3 Products
4.2.4.4.3.1 Spain Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.4.4.3.2 Spain Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.2.4.5 Rest-of-Europe
4.2.4.5.1 Market
4.2.4.5.1.1 Buyer Attributes
4.2.4.5.1.2 Key Producers and Suppliers in Rest-of-Europe
4.2.4.5.1.3 Business Drivers
4.2.4.5.1.4 Business Challenges
4.2.4.5.2 Applications
4.2.4.5.2.1 Rest-of-Europe Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.2.4.5.3 Products
4.2.4.5.3.1 Rest-of-Europe Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.2.4.5.3.2 Rest-of-Europe Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Producers and Suppliers in the U.K.
4.3.1.3 Business Drivers
4.3.1.4 Business Challenges
4.3.2 Applications
4.3.2.1 U.K. Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.3.3 Products
4.3.3.1 U.K. Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.3.3.2 U.K. Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Producers and Suppliers in China
4.4.1.3 Business Drivers
4.4.1.4 Business Challenges
4.4.2 Applications
4.4.2.1 China Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.4.3 Products
4.4.3.1 China Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.4.3.2 China Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.5 Asia-Pacific and Japan
4.5.1 Market
4.5.1.1 Key Producers and Suppliers in Asia-Pacific and Japan
4.5.1.2 Business Drivers
4.5.1.3 Business Challenges
4.5.2 Applications
4.5.2.1 Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.5.3 Products
4.5.3.1 Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.5.3.2 Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.5.4 Asia-Pacific and Japan (by Country)
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Producers and Suppliers in Japan
4.5.4.1.1.3 Business Drivers
4.5.4.1.1.4 Business Challenges
4.5.4.1.2 Applications
4.5.4.1.2.1 Japan Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.5.4.1.3 Products
4.5.4.1.3.1 Japan Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.5.4.1.3.2 Japan Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.5.4.2 South Korea
4.5.4.2.1 Market
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Key Producers and Suppliers in South Korea
4.5.4.2.1.3 Business Drivers
4.5.4.2.1.4 Business Challenges
4.5.4.2.2 Applications
4.5.4.2.2.1 South Korea Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.5.4.2.3 Products
4.5.4.2.3.1 South Korea Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.5.4.2.3.2 South Korea Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.5.4.3 India
4.5.4.3.1 Market
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Key Producers and Suppliers in India
4.5.4.3.1.3 Business Drivers
4.5.4.3.1.4 Business Challenges
4.5.4.3.2 Applications
4.5.4.3.2.1 India Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.5.4.3.3 Products
4.5.4.3.3.1 India Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.5.4.3.3.2 India Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.5.4.4 Rest-of-Asia-Pacific
4.5.4.4.1 Market
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Key Producers and Suppliers in Rest-of-Asia-Pacific
4.5.4.4.1.3 Business Drivers
4.5.4.4.1.4 Business Challenges
4.5.4.4.2 Applications
4.5.4.4.2.1 Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.5.4.4.3 Products
4.5.4.4.3.1 Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.5.4.4.3.2 Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.6 Rest-of-the-World
4.6.1 Market
4.6.1.1 Key Producers and Suppliers in Rest-of-the-World
4.6.1.2 Business Drivers
4.6.1.3 Business Challenges
4.6.2 Applications
4.6.2.1 Rest-of-the-World Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.6.3 Products
4.6.3.1 Rest-of-the-World Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.6.3.2 Rest-of-the-World Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.6.4 Rest-of-the-World (by Region)
4.6.4.1 Middle East and Africa
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Key Producers and Suppliers in the Middle East and Africa
4.6.4.1.1.3 Business Drivers
4.6.4.1.1.4 Business Challenges
4.6.4.1.2 Applications
4.6.4.1.2.1 Middle East and Africa Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.6.4.1.3 Products
4.6.4.1.3.1 Middle East and Africa Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.6.4.1.3.2 Middle East and Africa Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
4.6.4.2 South America
4.6.4.2.1 Market
4.6.4.2.1.1 Buyer Attributes
4.6.4.2.1.2 Key Producers and Suppliers in South America
4.6.4.2.1.3 Business Drivers
4.6.4.2.1.4 Business Challenges
4.6.4.2.2 Applications
4.6.4.2.2.1 South America Castor Oil-Based Biopolymer Market (by End User), Volume and Value Data
4.6.4.2.3 Products
4.6.4.2.3.1 South America Castor Oil-Based Biopolymer Market (by Polymer Type), Volume and Value Data
4.6.4.2.3.2 South America Castor Oil-Based Biopolymer Market (by Form), Volume and Value Data
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking (2021)
5.1.1 Competitive Position Matrix (2021)
5.1.2 Product Matrix for Key Companies, By Form
5.1.3 Market Share Analysis of Key Companies, 2021
5.2 Company Profiles
5.2.1 Arkema
5.2.1.1 Company Overview
5.2.1.1.1 Role of Arkema in the Castor Oil-Based Biopolymer Market
5.2.1.1.2 Product Portfolio
5.2.1.1.3 Production Site
5.2.1.2 Business Strategies
5.2.1.2.1 Market Developments
5.2.1.3 R&D Analysis
5.2.1.4 Analyst View
5.2.2 Evonik Industries AG
5.2.2.1 Company Overview
5.2.2.1.1 Role of Evonik Industries AG in the Castor Oil-Based Biopolymer Market
5.2.2.1.2 Product Portfolio
5.2.2.1.3 Production Site
5.2.2.2 Business Strategies
5.2.2.2.1 Market Developments
5.2.2.3 R&D Analysis
5.2.2.4 Analyst View
5.2.3 BASF SE
5.2.3.1 Company Overview
5.2.3.1.1 Role of BASF SE in the Castor Oil-Based Biopolymer Market
5.2.3.1.2 Product Portfolio
5.2.3.1.3 Production Sites
5.2.3.2 R&D Analysis
5.2.3.3 Analyst View
5.2.4 EMS-Chemie Holding AG
5.2.4.1 Company Overview
5.2.4.1.1 Role of EMS-Chemie Holding AG in the Castor Oil-Based Biopolymer Market
5.2.4.1.2 Product Portfolio
5.2.4.1.3 Production Site
5.2.4.2 R&D Analysis
5.2.4.3 Analyst View
5.2.5 Solvay S.A.
5.2.5.1 Company Overview
5.2.5.1.1 Role of Solvay S.A. in the Castor Oil-Based Biopolymer Market
5.2.5.1.2 Product Portfolio
5.2.5.1.3 Production Site
5.2.5.2 R&D Analysis
5.2.5.3 Analyst View
5.2.6 Toray Industries, Inc.
5.2.6.1 Company Overview
5.2.6.1.1 Role of Toray Industries, Inc. in the Castor Oil-Based Biopolymer Market
5.2.6.1.2 Product Portfolio
5.2.6.1.3 Production Site
5.2.6.2 Business Strategies
5.2.6.2.1 Market Developments
5.2.6.3 R&D Analysis
5.2.6.4 Analyst View
5.2.7 UNITIKA LTD.
5.2.7.1 Company Overview
5.2.7.1.1 Role of UNITIKA LTD. in the Castor Oil-Based Biopolymer Market
5.2.7.1.2 Product Portfolio
5.2.7.1.3 Production Site
5.2.7.2 R&D Analysis
5.2.7.3 Analyst View
5.2.8 RadiciGroup
5.2.8.1 Company Overview
5.2.8.1.1 Role of RadiciGroup in the Castor Oil-Based Biopolymer Market
5.2.8.1.2 Product Portfolio
5.2.8.1.3 Production Site
5.2.8.2 Analyst View
5.2.9 Fulgar SpA
5.2.9.1 Company Overview
5.2.9.1.1 Role of Fulgar SpA in the Castor Oil-Based Biopolymer Market
5.2.9.1.2 Product Portfolio
5.2.9.1.3 Production Site
5.2.9.2 Analyst View
5.2.10 DSM
5.2.10.1 Company Overview
5.2.10.1.1 Role of DSM in the Castor Oil-Based Biopolymer Market
5.2.10.1.2 Product Portfolio
5.2.10.1.3 Production Site
5.2.10.2 R&D Analysis
5.2.10.3 Analyst View
5.2.11 DuPont de Nemours, Inc.
5.2.11.1 Company Overview
5.2.11.1.1 Role of DuPont de Nemours, Inc. in the Castor Oil-Based Biopolymer Market
5.2.11.1.2 Product Portfolio
5.2.11.1.3 Production Site
5.2.11.2 Business Strategies
5.2.11.2.1 Market Developments
5.2.11.3 R&D Analysis
5.2.11.4 Analyst View
5.2.12 Mitsui Chemicals Inc.
5.2.12.1 Company Overview
5.2.12.1.1 Role of Mitsui Chemicals Inc. in the Castor Oil-Based Biopolymer Market
5.2.12.1.2 Product Portfolio
5.2.12.1.3 Production Site
5.2.12.2 Business Strategies
5.2.12.2.1 Market Developments
5.2.12.3 R&D Analysis
5.2.12.4 Analyst View
5.2.13 Nexis Fibers
5.2.13.1 Company Overview
5.2.13.1.1 Role of Nexis Fibers in the Castor Oil-Based Biopolymer Market
5.2.13.1.2 Product Portfolio
5.2.13.1.3 Production Site
5.2.13.2 Business strategies
5.2.13.2.1 Product development
5.2.13.3 Analyst View
5.2.14 VAUDE Sport GmbH & Co. KG
5.2.14.1 Company Overview
5.2.14.1.1 Role of VAUDE Sport GmbH & Co. KG in the Castor Oil-Based Biopolymer Market
5.2.14.1.2 Product Portfolio
5.2.14.2 Analyst View
5.2.15 EOS GmbH
5.2.15.1 Company Overview
5.2.15.1.1 Role of EOS GmbH in the Castor Oil-Based Biopolymer Market
5.2.15.1.2 Product Portfolio
5.2.15.1.3 Analyst View
5.2.16 AWAKE CONCEPT
5.2.16.1 Company Overview
5.2.16.1.1 Role of AWAKE CONCEPT in the Castor Oil-Based Biopolymer Market
5.2.16.1.2 Product Portfolio
5.2.16.1.3 Production Site
5.2.16.2 Business Strategies
5.2.16.2.1 Product development
5.2.16.3 Analyst View
5.2.17 NEUBAU EYEWEAR gmbh
5.2.17.1 Company Overview
5.2.17.1.1 Role of NEUBAU EYEWEAR gmbh in the Castor Oil-Based Biopolymer Market
5.2.17.1.2 Product Portfolio
5.2.17.1.3 Production Site
5.2.17.2 Business Strategies
5.2.17.2.1 Market Developments
5.2.17.3 Analyst View
5.2.18 Lanxess AG
5.2.18.1 Company Overview
5.2.18.1.1 Role of Lanxess AG in the Castor Oil-Based Biopolymer Market
5.2.18.1.2 Product Portfolio
5.2.18.1.3 Production Site
5.2.18.2 Business Strategies
5.2.18.2.1 Product Developments
5.2.18.3 R&D Analysis
5.2.18.4 Analyst View
5.2.19 BIO-FED
5.2.19.1 Company Overview
5.2.19.1.1 Role of BIO-FED in the Castor Oil-Based Biopolymer Market
5.2.19.1.2 Product Portfolio
5.2.19.1.3 Production Site
5.2.19.2 Analyst View
5.2.20 Asahi Kasei Corporation
5.2.20.1 Company Overview
5.2.20.1.1 Role of Asahi Kasei Corporation in the Castor Oil-Based Biopolymer Market
5.2.20.1.2 Product Portfolio
5.2.20.1.3 Production Site
5.2.20.2 Corporate Strategies
5.2.20.2.1 Partnerships, Collaborations, and Joint Ventures
5.2.20.3 R&D Analysis
5.2.20.4 Analyst View
6 Research Methodology
List of Figures
Figure 1: Global Castor Oil-Based Biopolymer Market, $Million, 2021, 2022, and 2031
Figure 2: Global Castor Oil-Based Biopolymer Market (by End User), $Million, 2021 and 2031
Figure 3: Global Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021 and 2031
Figure 4: Global Castor Oil-Based Biopolymer Market (by Form), $Million, 2021 and 2031
Figure 5: Global Castor Oil-Based Biopolymer Market (by Region), $Million, 2021 and 2031
Figure 6: Global Castor Oil-Based Biopolymer Market Coverage
Figure 7: Supply Chain Analysis of the Castor Oil-Based Biopolymer Market
Figure 8: Global Automotive Production, Units (2019-2021)
Figure 9: World Passenger Car Production, Million Units, Q1 to Q3 (FY2022) and Q1 to Q3 (FY2021)
Figure 10: Global Polyamide Production, Million Tons, 2017-2021
Figure 11: Comparative Densities of Engineering Polymers and Aluminum (g/cm2)
Figure 12: Production of Castor in India, Lakh Tons, 2017-2021
Figure 13: 3D Printing Market, $Billion, 2021-2026
Figure 14: Castor Oil-Based Biopolymer Market (by End User)
Figure 15: Castor Oil-Based Biopolymer Market (by Polymer Type)
Figure 16: Castor Oil-Based Biopolymer Market (by Form)
Figure 17: Total Year-Wise Patents Filed for Castor Oil-Based Biopolymer Market, January 2019-December 2022
Figure 18: Patent Analysis (by Organization), January 2019-December 2022
Figure 19: Research Methodology
Figure 20: Top-Down and Bottom-Up Approach
Figure 21: Castor Oil-Based Biopolymer Market Influencing Factors
Figure 22: Assumptions and Limitations
List of Tables
Table 1: Key Bio-Based Polyamide Fibers and Yarns Manufacturers
Table 2: Key Product Developments
Table 3: Key Market Developments (2018-2021)
Table 4: Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 5: Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 6: Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 7: Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 8: Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 9: Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 10: Castor Oil-Based Biopolymer Market: Global Level – Average Pricing Analysis, ($/kg), 2021-2031
Table 11: Castor Oil-Based Biopolymer Market: Average Pricing Analysis, (by Polymer Type), ($/kg), 2021-2031
Table 12: North America Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 13: North America Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 14: North America Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 15: North America Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 16: North America Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 17: North America Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 18: U.S. Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 19: U.S. Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 20: U.S. Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 21: U.S. Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 22: U.S. Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 23: U.S. Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 24: Canada Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 25: Canada Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 26: Canada Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 27: Canada Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 28: Canada Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 29: Canada Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 30: Mexico Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 31: Mexico Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 32: Mexico Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 33: Mexico Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 34: Mexico Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 35: Mexico Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 36: Europe Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 37: Europe Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 38: Europe Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 39: Europe Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 40: Europe Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 41: Europe Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 42: Germany Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 43: Germany Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 44: Germany Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 45: Germany Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 46: Germany Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 47: Germany Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 48: France Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 49: France Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 50: France Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 51: France Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 52: France Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 53: France Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 54: Italy Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 55: Italy Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 56: Italy Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 57: Italy Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 58: Italy Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 59: Italy Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 60: Spain Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 61: Spain Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 62: Spain Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 63: Spain Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 64: Spain Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 65: Spain Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 66: Rest-of-Europe Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 67: Rest-of-Europe Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 68: Rest-of-Europe Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 69: Rest-of-Europe Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 70: Rest-of-Europe Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 71: Rest-of-Europe Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 72: U.K. Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 73: U.K. Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 74: U.K. Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 75: U.K. Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 76: U.K. Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 77: U.K. Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 78: China Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 79: China Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 80: China Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 81: China Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 82: China Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 83: China Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 84: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 85: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 86: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 87: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 88: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 89: Asia-Pacific and Japan Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 90: Japan Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 91: Japan Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 92: Japan Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 93: Japan Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 94: Japan Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 95: Japan Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 96: South Korea Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 97: South Korea Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 98: South Korea Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 99: South Korea Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 100: South Korea Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 101: South Korea Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 102: India Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 103: India Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 104: India Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 105: India Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 106: India Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 107: India Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 108: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 109: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 110: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 111: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 112: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 113: Rest-of-Asia-Pacific Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 114: Rest-of-the-World Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 115: Rest-of-the-World Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 116: Rest-of-the-World Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 117: Rest-of-the-World Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 118: Rest-of-the-World Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 119: Rest-of-the-World Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 120: Middle East and Africa Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 121: Middle East and Africa Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 122: Middle East and Africa Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 123: Middle East and Africa Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 124: Middle East and Africa Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 125: Middle East and Africa Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 126: South America Castor Oil-Based Biopolymer Market (by End User), Kilo Tons, 2021-2031
Table 127: South America Castor Oil-Based Biopolymer Market (by End User), $Million, 2021-2031
Table 128: South America Castor Oil-Based Biopolymer Market (by Polymer Type), Kilo Tons, 2021-2031
Table 129: South America Castor Oil-Based Biopolymer Market (by Polymer Type), $Million, 2021-2031
Table 130: South America Castor Oil-Based Biopolymer Market (by Form), Kilo Tons, 2021-2031
Table 131: South America Castor Oil-Based Biopolymer Market (by Form), $Million, 2021-2031
Table 132: Product Matrix for Key Companies, By Form
Table 133: Market Share of Key Companies

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Press Release

The global castor oil-based biopolymer market is estimated to reach $3,320.9 million in 2031, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 16.7% during the forecast period 2022-2031.

Castor oil-based biopolymers are polymers derived from castor oil. Castor oil is used in a wide range of applications, from traditional applications such as detergent and soap to advanced applications such as cosmetics, lubricants, adhesives, and coatings. India, China, Brazil, Thailand, Ethiopia, etc., are one of the major castors crop cultivation countries across the globe. Automotive manufacturers such as Fiat, Ford, Daimler, and others are largely using renewable or recycled materials such as castor oil-based biopolymers.

USP of the Report

• Extensive competitive benchmarking of 20 key players to offer a holistic view of the global castor oil-based biopolymer market landscape
• Market segregation based on polymer type, form, and end user

Analyst Perspective

According to Sachin Singh, Lead Analyst, BIS Research, “Castor oil-based biopolymers play a significant role in automotive, textile, household appliances as well as other applications. Castor oil-based biopolymers have been adopted by these end users as they enhance the aesthetics, durability, chemical and abrasion resistance, and longevity of the substrates to which they are applied. Also, the expansion of the automotive industry, growing sustainable textiles industry, along with the demand from household appliances are anticipated to drive market growth over the forecast period.”

Key Companies Operating in The Market

Key players in the global castor oil-based biopolymer market analyzed and profiled in the study involve castor oil-based biopolymer manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the global castor oil-based biopolymer market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as agreements, partnerships, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

The key players profiled in the report include Arkema, Evonik Industries AG, BASF SE, EMS-Chemie Holding AG, Solvay S.A., Toray Industries, Inc., UNITIKA LTD., RadiciGroup, Fulgar SpA, DSM, DuPont de Nemours, Inc., Mitsui Chemicals Inc., Nexis Fibers, VAUDE Sport GmbH & Co. KG, EOS GmbH, AWAKE CONCEPT, NEUBAU EYEWEAR gmbh, Lanxess AG, BIO-FED, and Asahi Kasei Corporation.

Key Questions Answered in the Report

• What are the major factors and trends that are impacting the consumption of castor oil-based biopolymers?
• What are some of the key initiatives taken by the existing players to improve their market positioning and strategies adopted by new players entering in market space?
• How has COVID-19 impacted the castor oil-based biopolymer market across the globe?
• What are the steps existing players take to improve their market positioning, and what are some of the key strategies adopted by new players entering this market space?
• What is the market's leading product and most promising application, and how it would emerge in the coming years?
• What are the latest developments across the globe for castor oil-based biopolymer, and what are the consumption patterns?
• What are the constraints in the acceptance of castor oil-based biopolymer in various regions and countries?

 

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