Ricinoleic Acid Market: Growth Forecast Indicates Strong Demand Across Asia-Pacific, North America, and Europe
The ricinoleic acid market is experiencing robust growth due to its wide range of applications in cosmetics, pharmaceuticals, lubricants, and industrial chemicals. Ricinoleic acid, extracted primarily from castor oil, is valued for its hydroxyl functional group, which enables multiple chemical transformations. It is used in personal care products such as moisturizers, lipsticks, and hair care, as well as industrial lubricants, coatings, and plasticizers.
Rising consumer awareness of natural...