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Information @ a Glance

Introduction

  • Castor oil is a vegetable oil obtained from the castor bean .
  • Castor oil is a colorless to very pale yellow liquid with mild or no odor or taste.
  • Castor Oil is regarded as one of the most valuable laxatives  medicine.

Technology and Process

  • High volatility in prices and shift in technology have combined to contribute to a decline in global castor oil consumption over the last five years.
  • Extraction of oil from castor seeds is done in a manner similar to that for most other oil seeds.
  • Castor oil comes from the seeds of the castor bean. It is extracted by either pressing or solvent extraction.

Uses

  • Castor oil and its derivatives have applications in the manufacturing of soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals and perfumes.
  • Castor oil has numerous applications in transportation, cosmetics and pharmaceutical, and manufacturing industries

Market

  • India is the world's largest producer of Castor oil.
  • India's castor oil production fluctuates between 2.5-3.5 lakh tons a year.
  • India annually exports around 2.0 - 2.4 lakh tons of commercial castor oil.
  • The annual domestic consumption of castor oil in India is only about 80,000-1,00,000 tons.
  • The world demand for castor oil is estimated to be growing at the rate of about 3 to 5 % per annum.

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