The bleaching clay market was valued at US$ 932.2 million. Furthermore, growth is anticipated to pick up during the assessment period of 2022–2032, reaching US$ 1.86 Billion at a healthy 7.2% CAGR. Bleaching clay has been widely used to clean edible oils since the nineteenth century. Changes in the output of oilseed crops are anticipated to have a positive effect on the global bleaching clay market because bleaching clay is widely used in the refining and processing of edible oils.
Under specific conditions, bleaching clay is used with oil to decolorize and purify the oil by removing impurities and colouring agents. The rising demand for refined vegetable oil, which bleaching clay is used to produce, is the main factor driving bleaching clay demand. Additionally, improvements in oilseed yield optimisation are likely to encourage an increase in the production of coloured oilseeds, which will result in a greater need for bleaching clay for refining purposes.
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Key Takeaways from the Market Study
- As of 2022, Fact.MR expects the bleaching clay industry to be valued at US$ 932.2 Million
- According to Fact.MR, a CAGR of 5.3% was recorded for the Bleaching Clay market from 2017-2021
- From 2022 to 2032, the Bleaching Clay industry is poised to flourish at a 7.2% CAGR
- By 2032, the bleaching clay landscape is slated to reach a valuation of US$ 1.86 Billion
- The activated clay segment is expected to grow the fastest during the forecast period.
- By end-user, the edible oils and fats segment is expected to dominate the market during the forecast period.
- As per Fact.MR’s projections, the market for Bleaching Clay in the UK will likely expand at a 7.7% CAGR
- India is poised to yield a CAGR of 7.5% with respect to Bleaching Clay in 2032
Recent Developments:
- Beraca, a Brazilian company that specialises in personal care products and non-refined and processed oils, was purchased by Clariant in August 2021. The Care Chemicals division of Clariant, which sells cosmetics, will benefit from this transaction.
Competitive Landscape
Prominent players in the Bleaching Clay Industry are taking advantage of the rapidly increasing demand for the Bleaching Clay in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale players. Some prominent market developments are as follows:
- Clariant
- EP Minerals
- Mineral Technologies Inc.
- Musim Mas
- Refoil Earth Pvt Ltd.
- Taiko Group of Companies
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Key Questions Covered in the Bleaching Clay Market
- What is the size and potential of the bleaching clay market?
- What are the key factors driving the growth of the bleaching clay market?
- What are the challenges faced by the bleaching clay market and how can they be overcome?
- What are the different types of bleaching clay available in the market and how do they differ in terms of their properties and applications?
- What are the major applications of bleaching clay in different industries?
- What is the market share of the leading players in the bleaching clay market and what are their strategies to maintain their position?
- Which regions are expected to witness the highest growth in the bleaching clay market and why?
- What are the emerging trends in the bleaching clay market and how are they expected to impact the market in the future?
- What is the impact of COVID-19 on the bleaching clay market and how has the market responded to the pandemic?
- What are the opportunities for new entrants in the bleaching clay market and what are the barriers to entry in this market?
Regional Analysis Bleaching Clay Market
- North America: The North American market for bleaching clay is expected to grow significantly due to the growing demand for natural and organic products, including food and cosmetics. The increasing focus on healthy eating and the need for clean label products are expected to drive the demand for bleaching clay in this region.
- Europe: The European market for bleaching clay is expected to grow due to the increasing demand for high-quality edible oils and fats. The strict regulations for food safety and quality in this region have led to the adoption of bleaching clay as a natural and effective solution for oil refinement.
- Asia Pacific: The Asia Pacific region is expected to dominate the bleaching clay market during the forecast period due to the growing demand for edible oils and fats in countries such as China and India. The increasing demand for biofuels, animal feed, and natural and organic cosmetics in this region is also expected to drive the market growth.
- Middle East and Africa: The Middle East and Africa market for bleaching clay is expected to grow due to the increasing demand for high-quality edible oils and fats in this region. The growing awareness about the health benefits of consuming clean and healthy food is expected to drive the market growth in this region.
- Latin America: The Latin America market for bleaching clay is expected to grow due to the increasing demand for refined and high-quality edible oils and fats. The growing population and urbanization in this region are also expected to drive the market growth.
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global Bleaching Clay market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Product (Fuller’s Earth, Activated Clay and Activated Bauxites), by End-User (Edible Oils & Fats, Mineral Oils & Lubricants and Other End Uses), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).