The Latin America Blown Castor Oil Market was valued at USD 23 million in 2024 and is projected to reach USD 32 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024–2030). This growth is driven by increasing demand for bio-based lubricants, sustainable coatings, and natural cosmetic ingredients across Brazil, Mexico, and Argentina, which collectively account for 75% of regional consumption.
As industries shift toward renewable and biodegradable materials, blown castor oil has emerged as a versatile solution with applications ranging from industrial resins to premium skincare formulations. In this blog, we profile the Top 10 Companies in the Latin America Blown Castor Oil Industry—key players advancing production, innovation, and sustainability in this specialized market.
🔟 1. Oleoquimica Brazil
Headquarters: São Paulo, Brazil
Key Offering: Food-grade and pharmaceutical-grade blown castor oil
Oleoquimica Brazil is the region’s largest producer of castor oil derivatives, supplying high-purity blown castor oil for medical, cosmetic, and industrial applications. The company operates dedicated processing facilities with ISO 9001 certification.
Sustainability Initiatives:
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Direct sourcing from Brazilian castor bean farmers
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Closed-loop water recycling in production
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30% reduction in carbon emissions since 2020
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9️⃣ 2. GrauNuts
