ヒマシ油とその誘導体市場：2026-2032年、製品・用途・地域別

ヒマシ油とその誘導体の市場評価　2026～2032年

ヒマシ油とその誘導体の需要は、バイオディーゼル原料としての消費の増加によって牽引されると予想されます。液体バイオ燃料は、ケロシン、ディーゼル、ガソリンを燃料とするさまざまなタイプの燃焼エンジンや、飛行機、船舶、トラックなどの乗用車の代替燃料として使用されます。市場規模は2024年に14億4,000万米ドルを超え、2032年には約21億2,000万米ドルに達します。

ヒマシ油は、ヘルスケア支出の増加や、自己管理や予防医療に関する個人の意識の高まりにより、化粧品や医薬品の消費が増加するため、予測期間中、化粧品や医薬品の分野で高い需要が見込まれています。ヒマシ油とその誘導体に対する需要の高まりにより、市場は2026年から2032年にかけてCAGR 5.50%で成長します。

ヒマシ油とその誘導体市場定義/概要

ヒマシ油は、ヒマシ油植物の種子を粉砕して生産される植物油です。ヒマシ油は主に一価不飽和脂肪酸、リシノール脂肪酸、炭素数18の脂肪酸を含みます。ヒマシ油は安定した粘性を持ち、低温でも凍結しません。その結果、商業的な工業作業において、合成潤滑油の優れた代替品となります。ヒマシ油とその誘導体は、食品、化粧品、潤滑油、塗料、農業、医薬品、プラスチック・ゴム、IT・通信、香料、インク・接着剤、繊維化学など、さまざまな産業で使用されています。ヒマシ油はバイオディーゼルの原料としても合成されます。

ヒマシ油誘導体には、ヒマシ蝋、スルホン化ヒマシ油、ヒマシ粕、脱水ヒマシ油などがあり、いずれも幅広い工業用途があります。ヒマシ油は化学製品の原料として使用され、特殊な石鹸、界面活性剤、化粧品、パーソナルケア製品、表面コーティング剤、医薬品、グリース、潤滑剤、特殊ゴム、可塑剤などに使用されます。

ヒマシ油とその誘導体の市場規模は、潤滑油、プラスチックと樹脂、化粧品と医薬品、表面コーティング産業における強力な応用可能性によって牽引される可能性があります。水添油のようなヒマシ油誘導体は、その極性、潤滑性、表面抵抗性、撥水性により、潤滑剤として一般的に使用されています。石油化学製品への依存を減らすため、生分解性製品への嗜好の変化が製品需要を増加させる可能性があります。不安定な原油価格は、従来のバイオ燃料への大幅なシフトを促し、業界の成長を後押ししています。ライフスタイルの変化と経済水準の向上による消費者のパーソナルケア志向は、化粧品需要の増加をもたらし、業界の成長を刺激しています。

農業要因はヒマシ油・誘導体市場を牽引するか？

ヒマシ油とその誘導体市場の拡大は、その卓越した適応性と部門を超えた幅広い用途によって推進されます。ヒマシ油および誘導体市場には、農業的変数がかなりの影響を与えています。天候パターン、土壌条件、農業技術はすべて、主にインド、中国、ブラジルで栽培されているヒマシ油の生産に影響を与えます。これらのパラメータに混乱や変動があれば、ヒマシ油種子の供給に直接的な影響を及ぼし、ヒマシ油とその誘導体の入手可能性とコストに影響します。

さらに、ヒマシ油は最適な生育のために特定の環境条件を必要とするため、気候パターンの変化や異常気象は安定した生産レベルを脅かし、供給不足や市場力学の変動につながる可能性があります。

さらに、農業技術や慣行の革新は、ヒマシ油産業に大きな影響を与える可能性があります。改良された種子の種類、灌漑システム、防虫対策などの農業技術の向上は、作物の収量と品質を向上させ、ヒマシ油のサプライチェーンを強化する可能性を秘めています。

さらに、持続可能な農業を後押しし、ヒマシ油の栽培効率を向上させることを目標とした活動は、ヒマシ油とその派生品市場の成長と安定に役立ちます。全体として、ヒマシ油事業の軌道を左右する上で、農業の変動要因は引き続き重要な役割を果たしており、この多用途商品の安定供給を保証する上で、持続可能な農業技術と環境問題への耐性が必要であることが強調されています。

限られた栽培地域はヒマシ油・誘導体市場の成長を妨げるか？

ヒマシ油とその誘導体市場には困難が伴います。ヒマシ植物は、温暖な気温、水はけのよい土壌、十分な水の供給といった特殊な環境を必要とするため、栽培は主に熱帯や亜熱帯の国々といった限られた地域に限られます。この地理的障壁は、ヒマシ油の世界の供給を制限し、供給不足と市場価格の変動をもたらす可能性があります。

さらに、ヒマシ油の栽培がインド、中国、ブラジルなど少数の重要な地域に集中しているため、市場は局地的な天候不順や農業懸念による中断に対してより脆弱になり、供給の不確実性をさらに高めています。

栽培地域が限られているため、ヒマシ油の入手可能性が制限されるだけでなく、市場の拡張性や拡大も制限されます。化粧品、医薬品、製造業など、さまざまな産業でヒマシ油とその誘導体の需要が高まる中、供給基盤が限られているため、拡大する市場の需要を満たす努力が阻害される可能性があります。

市場は少数の生産地に依存しているため、悪天候、病気、地政学的緊張などの外的衝撃の影響を受けやすく、これらすべてがサプライ・チェーンを混乱させ、市場の安定性を損なう可能性があります。こうした限界を克服するには、新たな生産地の発見、農業慣行の改善、環境問題への耐性を高める取り組みが必要であり、ヒマシ油市場の長期的な成長と開拓を支えることになります。

目次

第1章 世界のヒマシ油・誘導品市場の導入

• 市場概要
• 調査範囲
• 前提条件

第2章 エグゼクティブサマリー

第3章 VERIFIED MARKET RESEARCHの調査手法

• データマイニング
• バリデーション
• 一次資料
• データソース一覧

第4章 世界のヒマシ油・誘導品市場の見通し

• 概要
• 市場力学
  • 促進要因
  • 抑制要因
  • 機会
• ポーターのファイブフォースモデル
• バリューチェーン分析

第5章 ヒマシ油とその誘導体の世界市場：製品別

• 概要
• 脱水ヒマシ油
• 水素化ヒマシ油（ヒマシ油ワックス）
• リシノール酸
• -ヒドロキシステアリン酸（12-HSA）
• セバシン酸
• その他

第6章 ヒマシ油とその誘導体の世界市場：用途別

• 概要
• 表面コーティング
• バイオディーゼル
• 潤滑油
• プラスチックと樹脂
• 化粧品と医薬品
• その他

第7章 ヒマシ油とその誘導体の世界市場、地域別

• 概要
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • その他欧州
• アジア太平洋
  • 中国
  • 日本
  • インド
  • その他アジア太平洋地域
• 世界のその他の地域
  • ラテンアメリカ
  • 中東・アフリカ

第8章 世界のヒマシ油・誘導体市場の競合情勢

• 概要
• 各社の市場ランキング
• 主な開発戦略

第9章 企業プロファイル

• Thai Castor Oil Industries Co. Ltd.
• Jayant Agro-Organics Limited
• RPK Agrotech
• ITOH Oil Chemicals Co., Ltd.
• Hokoku Corporation
• Tongliao Tonghua Castor Chemical Co., Ltd.
• N.K. Proteins Pvt Limited
• Xingtai Lantian Fine Chemical Co., Ltd.
• Taj Agro Products Limited
• Adani Wilmar Ltd

第10章 付録

• 関連調査

Castor Oil And Derivatives Market Valuation - 2026-2032

The demand for castor oil and derivatives is anticipated to be driven by increased consumption of the product in biodiesel feedstock. Liquid biofuels are used as substitute fuels for different types of combustion engines working on kerosene, diesel, and gasoline as well as in passenger vehicles including airplanes, ships, and trucks. The market size surpass USD 1.44 Billion valued in 2024 to reach a valuation of around USD 2.12 Billion by 2032.

Castor oil is expected to be in high demand from the cosmetics and pharmaceutical sectors over the forecast period, owing to rising healthcare expenditure and increased awareness among individuals about self-management and preventive care, which will result in increased consumption of cosmetics and pharmaceutical products. The product's demand is also expected to rise as it becomes more widely used in the creation of skincare goods, cosmetics, and soap.The rising demand for The Castor Oil And Derivatives is enabling the market grow at a CAGR of 5.50% from 2026 to 2032.

Castor Oil And Derivatives Market: Definition/ Overview

Castor oil is a vegetable oil produced by crushing the seeds of the castor oil plant. Castor oil mostly contains monounsaturated, ricinoleic, and 18-carbon fatty acids. It has a steady viscosity, thus it does not freeze at low temperatures. As a result, it is an excellent alternative to synthetic lubricants in commercial industrial operations. Castor oil and its derivatives are used in a variety of industries, including food, cosmetics, lubricants, paints, agriculture, medicines, plastics and rubber, electronics and telecommunications, perfumery, inks and adhesives, and textile chemicals. Castor oil is also synthesized to make biodiesel.

Castor oil derivatives include castor wax, sulfonated castor oil, castor meal, and dehydrated castor oil, all of which have a wide range of industrial applications. The product serves as a raw material for the manufacturing of chemicals, which are then used to make specialized soaps, surfactants, cosmetics, personal care products, surface coatings, medicines, greases and lubricants, specialty rubber, and plasticizers.

The Castor Oil And Derivatives Market size may be driven by its strong application potential in the lubricants, plastics and resins, cosmetics and pharmaceuticals, and surface coating industries. Castor oil derivatives, such as hydrogenated oil, are commonly used as lubricants due to their polarity, lubricity, surface resistance, and water repellent qualities. Shifting preferences toward biodegradable products to lessen reliance on petrochemicals may increase product demand. Volatile crude prices have prompted a significant shift toward conventional biofuels, boosting industry growth. Consumer propensity toward personal care due to changing lifestyles and improving economic standards has resulted in an increase in cosmetic product demand, stimulating industry growth.

Will the Agricultural Factors Drive the Castor Oil And Derivatives Market?

Castor oil and derivatives market expansion is driven by its exceptional adaptability and wide range of applications across sectors. Agricultural variables have a considerable influence on the castor oil and derivatives market. Weather patterns, soil conditions, and agricultural techniques all have an impact on the production of castor plants, which are grown mostly in India, China, and Brazil. Any disruptions or fluctuations in these parameters can have a direct impact on the supply of castor seeds, which in turn affects the availability and cost of castor oil and derivatives.

Furthermore, because castor plants require specific environmental conditions for optimal growth, shifts in climate patterns or extreme weather events might threaten stable production levels, potentially leading to supply shortages or fluctuations in market dynamics.

Furthermore, innovations in agricultural technology and practices have the potential to significantly impact the castor oil industry. Improvements in farming techniques, such as improved seed types, irrigation systems, and insect management measures, have the potential to increase crop yields and quality, hence strengthening the castor oil supply chain.

Furthermore, activities targeted at boosting sustainable agriculture and improving castor cultivation efficiency can help the castor oil and derivatives market grow and stabilize over time. Overall, agricultural variables continue to play a significant role in influencing the trajectory of the castor oil business, emphasizing the necessity of sustainable farming techniques and resistance to environmental difficulties in guaranteeing a consistent supply of this versatile commodity.

Will the Limited Cultivation Areas Hamper the Growth of the Castor Oil And Derivatives Market?

The Castor Oil and Derivatives Market has challenging, castor plants require special environmental, such as warm temperatures, well-drained soils, and adequate water supply, limiting their cultivation to select locales, primarily tropical and subtropical countries. This geographic barrier limits the global supply of castor oil, potentially resulting in supply shortages and market price volatility.

Furthermore, the concentration of castor cultivation in a few important regions, such as India, China, and Brazil, makes the market more vulnerable to interruptions caused by localized weather catastrophes or agricultural concerns, compounding supply uncertainty.

Limited cultivation regions limit not only the availability of castor oil but also the market's scalability and expansion. As demand for castor oil and its derivatives rises in a variety of industries, including cosmetics, medicines, and manufacturing, the limited supply base may inhibit efforts to fulfill growing market demand.

The market's reliance on a small number of producing regions makes it more susceptible to external shocks such as severe weather, illnesses, or geopolitical tensions, all of which can disrupt supply chains and undermine market stability. Overcoming these limits will necessitate initiatives to discover new production sites, improve agricultural practices, and increase resistance to environmental difficulties, supporting long-term growth and development of the castor oil market.

Category-Wise Acumens

Will the 12-hydroxy stearic acid (12-HSA) Segment Drive of the Castor Oil And Derivatives Market?

the Castor Oil and Derivatives Market, 12-hydroxy stearic acid (12-HSA) may drive a certain portion. Its value stems from its functional qualities. 12-HSA is a thickening, lubricant, and emollient, making it an ideal ingredient for use in cosmetics, personal care products, and even rubber manufacturing. Compared to some existing options, 12-HSA has the advantage of being bio-based and sustainable.

The impact of 12-HSA is expected to be greater in various parts of the Castor Oil and Derivatives Market. For example, the personal care industry, which is increasingly focused on natural ingredients, may witness an increase in demand for 12-HSA as a thickening agent in lotions and creams. Here, 12-HSA can meet the growing customer demand for natural and sustainable products.

The long-term impact of 12-HSA is determined by a variety of factors other than its functioning. Production costs are an important concern. If the cost of generating 12-HSA remains stable and competitive when compared to existing alternatives, adoption will certainly accelerate. However, if the cost becomes a barrier, its commercial power may be limited. Furthermore, the total impact of 12-HSA on the Castor Oil and Derivatives Market would be influenced by market competitiveness as well as the specialized requirements of different industries.

Will Alternatives Variety of Industry Accelerate the Plastics and Resins Application for the Castor Oil And Derivatives Market?

The plastics and resins sector has the potential to be a significant demand driver for the Castor Oil and Derivatives Market. This potential arises from an increasing preference for sustainable alternatives in a variety of industries. Castor oil derivatives provide a compelling option in terms of biodegradability. Sebacic acid, a major derivative, can be used to make bioplastics, which are a more environmentally friendly alternative to typical petroleum-based materials. This correlates perfectly with the growing emphasis on sustainability, making castor oil derivatives an appealing option for enterprises looking for environmentally beneficial solutions.

The effect of plastics and resins on the Castor Oil and Derivatives Market extends beyond biodegradability. Castor oil derivatives offer practical advantages as well. They can improve flexibility, strength, and heat resistance in plastics and resins. Because of their broader range of functions, they are appropriate for a wider range of applications in the plastics and resins industry.

The plastics and resins market is expected to increase significantly in the future years. This industry increase, combined with the growing demand for sustainable alternatives, creates a significant opportunity for the Castor Oil and Derivatives industry. Nonetheless, some obstacles remain. Castor oil derivatives might be more expensive than standard alternatives. Furthermore, guaranteeing a consistent and sufficient supply of castor oil will be critical to meeting the expanding demand in the plastics and resins industry.

Country/Region-wise Acumens

How will The Castor Oil And Derivatives Accelerate the Growth in the Asia Pacific Market?

The Asia Pacific area is expected to have significant growth in the Castor Oil and Derivatives Market, owing to a number of factors that highlight its potential as a developing hub for industry advancement. The region's growing industrialization, notably in economic powerhouses like China and India, is driving rising demand from a variety of end-use industries. Castor oil derivatives have several applications, including fillers in construction materials, components in plastics and polymers, and important constituents in lubricants. This booming need is fueled by a growing emphasis on sustainability, with sectors increasingly turning to bio-based alternatives such as castor oil derivatives for their biodegradability and environmental benefits.

Government initiatives and strategic infrastructure development activities are critical to the Castor Oil and Derivatives Market's growth trajectory in the Asia-Pacific region. Governments are realizing castor oil's enormous potential and are establishing supportive policies to boost local production while also encouraging research and development in processing and derivative applications. Furthermore, investments in transportation and logistics infrastructure are expected to speed up the movement of castor oil and its derivatives across the region, improving market accessibility and supply chain efficiency.

The cost-effectiveness of castor oil derivatives, particularly gray castor oil, emerges as a key driver of market penetration in the Asia Pacific area. Grey castor oil is well-known for its abundance and affordability, and it effectively caters to the price-sensitive character of many businesses, assuring widespread adoption across several market categories. This strategic convergence of cost considerations and product preferences not only strengthens the region's competitive advantage, but also positions it as a leader in grabbing a sizable piece of the worldwide Castor Oil and Derivatives Market.

How will the Strong Industries Base Propel the Castor Oil And Derivatives Market in Europe?

Europe is the world's second-largest consumer of castor oil and derivatives, owing to a variety of reasons that highlight the market's importance. At the heart of this consumption is healthy demand from a wide range of end-use industries, bolstered by Europe's strong industrial base. Castor oil derivatives are widely used in industries such as pharmaceuticals, cosmetics, personal care, lubricants, and polymers, where they play an important role in improving product efficacy and performance. From pharmaceutical formulations that use castor oil derivatives for medication delivery systems to the cosmetics industry that incorporates them into hair care and skincare products, the versatility of these derivatives fits the changing needs of Europe's discriminating consumers.

Despite being a major consumer, Europe has a striking lack of indigenous production capacity for castor oil and derivatives. Due to the region's limited cultivation of castor oil plants, demand is heavily reliant on imports, highlighting Europe's dependency on external sources to meet its consumption requirements. This disparity in domestic production highlights the region's distinct position in the global castor oil market, posing both challenges and opportunities for market participants as they navigate supply chain dynamics and sourcing strategies to ensure consistent availability and quality of castor oil derivatives.

Europe's preference for sustainable alternatives emphasizes the importance of castor oil derivatives in the region's market environment. As a leader in environmental consciousness, Europe prioritizes eco-friendly solutions, encouraging industry to actively seek out bio-based alternatives that line with sustainability goals. Castor oil derivatives, known for their bio-based origin and biodegradability, emerge as an appealing option, reflecting Europe's attitude of environmental care while meeting performance and functionality criteria across a wide range of applications.

Competitive Landscape

The castor oil and derivatives market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the market include:

• Thai Castor Oil Industries Co. Ltd.
• Jayant Agro-Organics Limited
• RPK Agrotech
• ITOH Oil Chemicals Co., Ltd.
• Hokoku Corporation
• Tongliao Tonghua Castor Chemical Co., Ltd.
• N.K. Proteins Pvt Limited
• Xingtai Lantian Fine Chemical Co., Ltd.
• Taj Agro Products Limited
• Adani Wilmar Ltd.

Latest Developments

• In September 2022, Emery Oleochemicals bought Oleon, extending its castor derivatives portfolio. The acquisition bolstered its global presence. Emery Oleochemicals is a global leader in specialized chemical manufacturing. It offers formulators and manufacturers best-in-class renewable solutions that are known for their capacity to boost processing efficiencies, deliver exceptional technical performance, and promote environmental safety. Oleon has been a significant producer of oleochemicals since the 1950s, specialized in turning natural fats and oils into a diverse range of goods.
• In March 2022, Stepan Company introduced its NATSURA + Castor-Based Surfactant range. Biosurfactants are appropriate for home and personal care applications. Stepan Company is a specialized chemical producer with its headquarters in Northbrook, Illinois.
• Alfred C. Stepan, Jr. created the company in 1932, and it currently employs about 2,000 people. His grandson, Mr. Quinn Stepan, Jr., currently runs it.
• In June 2021, Wilmar International teamed with ADM to produce and commercialize specialized castor derivatives. The alliance improved their global casting capacity. Wilmar International Limited, a Singapore-based food processing and investment holding firm, has over 300 subsidiary companies. Founded in 1991, it is one of Asia's biggest agribusiness organizations, along with the COFCO Group.

Castor Oil And Derivatives Market, By Category

• Product:
• Dehydrated Castor Oil
• Hydrogenated Castor oil (Castor wax)
• Ricinoleic Acid

12-hydroxy stearic acid (12-HSA)

• Sebacic acid
• Application:
• Surface Coatings
• Biodiesel
• Lubricants
• Plastics and Resins
• Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL CASTOR OIL AND DERIVATIVES MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL CASTOR OIL AND DERIVATIVES MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL CASTOR OIL AND DERIVATIVES MARKET, BY PRODUCT

• 5.1 Overview
• 5.2 Dehydrated Castor Oil
• 5.3 Hydrogenated Castor oil (Castor wax)
• 5.4 Ricinoleic Acid
• 5.512-hydroxy stearic acid (12-HSA)
• 5.6 Sebacic acid
• 5.7 Others

6 GLOBAL CASTOR OIL AND DERIVATIVES MARKET, BY APPLICATION

• 6.1 Overview
• 6.2 Surface Coatings
• 6.3 Biodiesel
• 6.4 Lubricants
• 6.5 Plastics and Resins
• 6.6 Cosmetics and Pharmaceuticals
• 6.7 Others

7 GLOBAL CASTOR OIL AND DERIVATIVES MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East & Africa

8 GLOBAL CASTOR OIL AND DERIVATIVES MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies

9 COMPANY PROFILES

• 9.1 Thai Castor Oil Industries Co. Ltd.
  • 9.1.1 Overview
  • 9.1.2 Financial Performance
  • 9.1.3 Product Outlook
  • 9.1.4 Key Developments
• 9.2 Jayant Agro-Organics Limited
  • 9.2.1 Overview
  • 9.2.2 Financial Performance
  • 9.2.3 Product Outlook
  • 9.2.4 Key Developments
• 9.3 RPK Agrotech
  • 9.3.1 Overview
  • 9.3.2 Financial Performance
  • 9.3.3 Product Outlook
  • 9.3.4 Key Developments
• 9.4 ITOH Oil Chemicals Co., Ltd.
  • 9.4.1 Overview
  • 9.4.2 Financial Performance
  • 9.4.3 Product Outlook
  • 9.4.4 Key Developments
• 9.5 Hokoku Corporation
  • 9.5.1 Overview
  • 9.5.2 Financial Performance
  • 9.5.3 Product Outlook
  • 9.5.4 Key Developments
• 9.6 Tongliao Tonghua Castor Chemical Co., Ltd.
  • 9.6.1 Overview
  • 9.6.2 Financial Performance
  • 9.6.3 Product Outlook
  • 9.6.4 Key Developments
• 9.7 N.K. Proteins Pvt Limited
  • 9.7.1 Overview
  • 9.7.2 Financial Performance
  • 9.7.3 Product Outlook
  • 9.7.4 Key Developments
• 9.8 Xingtai Lantian Fine Chemical Co., Ltd.
  • 9.8.1 Overview
  • 9.8.2 Financial Performance
  • 9.8.3 Product Outlook
  • 9.8.4 Key Developments
• 9.9 Taj Agro Products Limited
  • 9.9.1 Overview
  • 9.9.2 Financial Performance
  • 9.9.3 Product Outlook
  • 9.9.4 Key Developments
• 9.10 Adani Wilmar Ltd
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments

10 Appendix

• 10.1 Related Research