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How Big is the Global Activated Bleaching Earth Market and What is its Growth Forecast?
The activated bleaching earth market has seen robust growth in recent years, moving up from $3.02 billion in 2024 to a predicted $3.16 billion in 2025, marking an impressive compound annual growth rate (CAGR) of 4.9%. The growth during the historic period is primarily attributed to the burgeoning edible oil refining industry, increased understanding of health benefits, industrialization in nascent markets, strict quality standards, and globalization of food trade.
In the upcoming years, the activated bleaching earth market is projected to further accelerate to reach $4.02 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The major drivers for forecast period growth include the continued expansion of the edible oil industry, the rising demand for biofuels, increasing health consciousness, development of stringent regulatory standards, and a growing focus on sustainable practices.
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What are the Key Drivers for the Activated Bleaching Earth Market Growth?
The activated bleaching earth market is witnessing a surge driven by the rising demand for edible oils. Edible oil, a fatty liquid typically extracted from various vegetables and animal tissues, is extensively used in the food industry. Olive oil, for instance, is particularly popular due to its taste and health benefits. Activated bleaching earth plays a crucial role in eliminating impurities from edible oils, thereby aiding in their purification. A recent report by the International Olive Council predicts that global consumption of olive oil is set to reach 3,214,500 tons in the 2021/22 crop year, marking a 2.9% increase from the previous year. This rising demand for edible oils is fuelling the growth of the activated bleaching earth market.
What are the Major Segments of the Global Activated Bleaching Earth Market?
1) By Mineral Type: Bentonite, Attapulgite, Sepiolite, Other Mineral Types
2) By Technology: Dry Bleaching, Wet Bleaching
3) By Application: Edible Oil and Fats, Mineral Oil and Lubricants, Chemicals, Other Applications
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Who are the Major Players in the Activated Bleaching Earth Market?
Key players in the activated bleaching earth market include Clariant AG, Taiko Bleaching Earth Sdn Bhd, Ashapura Perfoclay Limited, The W Clay Industries Sdn Bhd, HRP Industries, Musim Mas Holdings Pte. Ltd., Royal Dutch Shell PLC, Oil-Dri Corporation of America, Taiko Holdings Co. Ltd., AMC Limited, Indian Clay And Mineral Co., and others.
What are the Emerging Trends in the Activated Bleaching Earth Market?
Innovation and sustainability are at the forefront of the activated bleaching earth market, with companies investing in producing bio-based products to reduce environmental impact. Sekab BioFuels and Chemicals AB, a Sweden-based chemical company, for example, launched bio-based acetic acid in May 2023, providing a sustainable alternative to fossil fuels.
Which Region Holds the Largest Share in the Activated Bleaching Earth Market?
Asia-Pacific emerged as the largest market for activated bleaching earth in 2024 and is expected to be the fastest-growing region in the forthcoming years. The report also covers regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Activated Bleaching Earth Market Report 2025 Offer?
Activated bleaching earth, a fine-grained, naturally occurring substance, is extensively used to purify animal fats or edible oils for human consumption. The Activated Bleaching Earth Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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