Why a report on castor oil? Castor oil is one of the most versatile plant oils. Its unique chemical structure makes it useful in a wide number of industries and applications. Castor oil is fast becoming one of the most sought after plant oils, owing to its rich properties and variety of end-uses. Currently, it is being used by industries from pharmaceuticals to lubricants. With biopolymer and bio-fuels industries picking up a lot of steam in the last couple of years, the potential for castor oil to play a much larger role in the world economy had increased dramatically. While the castor oil industry is over five decades old, there has been considerable interest shown in this industry in the last few years. Leading countries from practically every continent (North & South America, Europe, Asia, Africa and Oceania) are showing renewed interest in the castor crop.