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Castor Oil From Castor Seeds | |
| The castor oil plant, Ricinus commun is, is a species of flowering plant in the spurge family, Euphorbiaceous. Its seed is the castor bean which, despite its name, is not a true bean. Castor is indigenous to the south-eastern Mediterranean Basin, Eastern Africa, and India, but is widespread throughout tropical regions. Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil that is rich in triglycerides of ricinoleic acid, 12 hydroxyl oleic acid. The Indian variety of castor seed has an oil content of 48% but only 40% can be extracted. The seed contains resin, a toxin, which is also present in lower concentrations throughout the plant and therefore castor oil is inedible. Castor oil pale amber viscous liquid derived from the seeds of the plant Racings communes is sometimes known as ricinus oil. Castor oil is one of the few naturally occurring glycosides that approach being a pure compound, since the fatty acid portion is nearly nineteenths ricinoleic acid. The global castor oil market was $1,180 million in 2018 and is expected to touch $1,470 million by the end of 2025, growing at a CAGR of 2.8 per cent between 2019 and 2025. The market is currently being driven by the increasing demand in various industrial applications such as paints, soaps, lubricants, befouls, and other sectors. The market value is expected to grow at a CAGR of 3.6% in the forecast period of 2020-2025. The Global castor oil market has been segmented by different end-use industries and forms. Further, end-use industries segment is further sub-divided to food & beverage, personal care, lubricant, pharmaceuticals and others. Personal care segment of the market uses castor oil as a source of moisturizer as it consists of high fatty acid content. Food & beverage segment of the market uses castor oil for flavoring, packaging as well as in viscosity additives. In pharmaceutical industry hydrogenated property of the product is extensively used because of its lubricating property. In fuel industry, castor oil is majorly used as the fuel additive because it is biofuel obtainable in terms of per capita yield in the global market. Entrepreneurs who invest in this project will be successful. | |
| Plant capacity: Castor Oil: 5 MT / Day Castor De-Oiled Cake: 7.2 MT / Day | Plant & machinery: Rs 106 lakhs |
| Working capital: - | T.C.I: Cost of Project : Rs 374 lakhs |
| Return: 29.00% | Break even: 64.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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