Activated Bleaching Earth Market: Edible Oils And Fats Application Segment is Estimated To Register The Fastest CAGR
Activated Bleaching Earth Industry Overview
The global activated bleaching earth market size was estimated at USD 2.34 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2022 to 2030. The activated bleaching earth is utilized in refining, purification, and discoloration of edible & nonedible oils and fats. Increasing consumption of edible oils due to the growing population is a major driving force for this industry. The activated bleaching earth is also sometimes referred to as wash clay. It has unique adsorbent qualities, which are accountable to the lucrative market of activated bleaching clay. Activated bleaching clay is utilized in refining, purification, and discoloration of edible & nonedible oils and fats.
It also helps in the removal of impurities and toxic substances from oils, making them suitable for human consumption. The product removes color and absorbs phosphatides, metal, residual gum, and oxidized products from the oil, and thus is widely used in the oil processing industry. China emerged as one of the largest markets for activated bleaching earth in 2021. This is attributed to high production as well as consumption of oils in the region due to the growing population. The high rate of production of edible oils directly impacts the product demand in the region. The countries utilize the product for refining soybean, rapeseed, and peanut oil, and for manufacturing other edible oils, such as maize and camellia seed oil.
Gather more insights about the market drivers, restraints and growth of the Global Activated Bleaching Earth Market
The increasing area under oil-producing crops as well as advancements in production technology is the main factors driving the market globally. A surge in demand for biofuel, which is a derivative of vegetable oil, is also a key factor driving the market growth. The activated bleaching earth is supplied in the form of powder or granules in standardized packaging and also customized form as per client requirements. The global pandemic adversely affected the market as the mining & extraction as well as transportation of bentonite could not take place due to restrictions and labor shortages. Another reason for the market slowdown was the disruption of the supply channel due to restrictions imposed.
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Activated Bleaching Earth Market Segmentation
Grand View Research has segmented the global activated bleaching earth market on the basis of application, and region:
Activated Bleaching Earth Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Edible Oil & Fats
- Mineral Oil & Lubricants
- Others
Activated Bleaching Earth Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA (Middle East & Africa)
Key Companies profiled:
Some prominent players in the global activated bleaching earth market include:
- Clariant
- Taiko Group of Companies
- Indian Clay & Mineral Co.
- Ashapura Perfoclay Ltd. (APL)
- The W Clay Industries
- AMC (U.K.) Ltd.
- HRP Industries
- Manek Active Clay Pvt. Ltd.
- Oil-Dri Corp. of America
- Zeotec Adsorbents Private Ltd.
- EP Minerals
- Phoenix Chemicals (Pvt.) Ltd.
- 20 Microns Nano Minerals Ltd.
- Musim Mas
- Shenzhen Aoheng Science and Technology Co., Ltd.
- Korvi Fullers Earth Processing Industry
- Refoil Earth Pvt. Ltd.
- Global Bleach Chem Pvt. Ltd.
- Tunasinti Bhaktimakmur
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