Ricinoleic Acid Price Trend and Forecast

Regional Price Overview

Get comprehensive insights into the Ricinoleic Acid market, with a focused analysis of the Ricinoleic Acid price trend across Asia, Europe, North America, Latin America, and the Middle East & Africa.

Ricinoleic Acid Price Trend for Second Half of 2023

Ricinoleic acid has widespread usage in various industries, such as cosmetics, pharmaceuticals, lubricants, and personal care products, which fuels its market demand.

Ricinoleic Acid Price Chart

Ricinoleic Acid Price Trends

Please Login or Subscribe to Access the Ricinoleic Acid Price Chart Data

The versatility of ricinoleic acid as a natural emulsifier, moisturizer, and surfactant further expands its employability in the industries. Additionally, growing consumer preference for organic and natural ingredients further boosts its market prospects. Moreover, ongoing research and development activities aimed at exploring new applications and improving production processes continue to shape the ricinoleic Acid market landscape.

The rise in the awareness of cosmetics and personal care products in the H2 of 2023 marked a positive influence on the prices of ricinoleic acid. However, the market dynamics fumbled slightly with the loss of trading activities due to the prevalence of the Israel-Hamas war and rising impositions by the European countries on Russian imports. Additionally, in Asian countries, the capping of prices of pharmaceutical medicines during the third-fourth quarter limited the growth trajectory of these companies and the price trend of ricinoleic acid.

Analyst Insight

According to Procurement Resource, the price trend of Ricinoleic Acid is estimated to showcase the variations observed in its downstream pharmaceutical and cosmetic industries.

Procurement Resource provides latest prices of Ricinoleic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Platform Sample

Please Login or Subscribe to explore our dashboard.


Ricinoleic Acid is also known as a (9Z, 12R)-12-hydroxyoctadec-9-enoic acid in which the 12-hydroxy group has R-configuration. It is also a conjugate acid of a ricinoleate and a fatty acid. It is basically known as an unsaturated omega-9 fatty acid and a hydroxy acid. It is a significant component of the seed oil obtained from mature Castor plant.

Product Details

Report Features Details
Product Name Ricinoleic Acid
Industrial Uses Chemical synthesis, Coatings, Plastics, Inks, Cosmetics
Chemical Formula C18H34O3
Synonyms 141-22-0, (R, Z)-12-Hydroxyoctadec-9-enoic acid, Ricinic acid
Molecular Weight 298.5 g/mol
Supplier Database Royal Castor Products Limited, Arvalli Castor Derivatives Pvt Ltd., NK Industries Ltd., Oil Base India, Amee Castor & Derivatives Ltd
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of Ricinoleic Acid via Hydrolysis Process

One of the simplest methods for obtaining Ricinoleic Acid is via the hydrolysis of castor oil. After this, Ricinoleic Acid is finally removed from hydrolysed castor oil by successive addition of urea (i.e., urea complexing).


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103

Email: sales@procurementresource.com


Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.