Activated Bleaching Earth Market Size and Forecast 2024-2033| Clariant AG, Taiko Bleaching Earth Sdn Bhd, Ashapura Perfoclay Limited, The W Clay Industries Sdn Bhd, HRP Industries

Overview and Scope

The activated bleaching earth is a fine-grained, naturally occurring, highly adsorbent substance that resembles dirt and can bind impurities or colored compounds from fats, oils, or oils and is extracted from the earth and is rich in minerals. They are generally employed to purify animal fats or edible oils for human consumption by eliminating contaminants and unwanted material.

Sizing and Forecast

The activated bleaching earth market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to growing edible oil refining industry, increasing awareness of health benefits, industrialization in emerging markets, stringent quality standards, globalization of food trade.

The activated bleaching earth market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to continued expansion of edible oil industry, increasing demand for biofuels, rising health consciousness, evolution of stringent regulatory standards, focus on sustainable practices.. Major trends in the forecast period include innovative cosmetic solutions, product innovations, strategic partnerships, investments in chemicals production.

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Segmentation & Regional Insights

The activated bleaching earth market covered in this report is segmented –

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

Asia-Pacific was the largest region in the activated bleaching earth market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the activated bleaching earth market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

Rising demand for edible oils is expected to propel the activated bleaching earth market forward. Edible oil is a fatty liquid physically extracted from various vegetables and animal tissues, with olive oil being the most popular for its taste and health benefits. The activated bleaching earth is used to remove impurities from edible oil. For instance, in March 2022, according to an article published by the INTERNATIONAL OLIVE COUNCIL, a Spain-based intergovernmental association of states that produce olives or manufacture olive-derived products like olive oil, consumption of oil is expected to exceed 3.2 million tons in 2021/22 and global consumption of olive oil is expected to reach 3,214,500 tons in the 2021/22 crop year, a 2.9% increase over the 2020/21 crop year. Therefore, the rising demand for edible oils is driving the growth of the activated earth market.

Key Industry Players

Major companies operating in the activated bleaching earth market report are 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., Korvi Activated Clay Pvt. Ltd., Phoenix Chemicals (Pvt.) Ltd., Refoil Earth Pvt. Ltd., Global Bleach Chem Pvt. Ltd., Shenzhen Aoheng Science and Technology Co. Ltd., Zeotec Adsorbents Private Limited, Microns Ltd., EP Minerals LLC, PT Tunasinti Bhaktimakmur, Ashapura Group, BASF SE, Manek Active Clay Pvt. Ltd., Sunny Earth Minerals Ltd., Nav Bharati Chemicals Pvt. Ltd., Shiv Shakti Mine Chem Pvt. Ltd., Shri paras Enterprises, L. Chhotalal & Company, Lakshmiwadi Mines & Minerals (P) Ltd., Benton Bleach-Chem India Pvt. Ltd., Taiko Chandernagar Chemicals Pvt. Ltd.

The activated bleaching earth market report table of contents includes:

1. Executive Summary

2. Activated Bleaching Earth Market Characteristics

3. Activated Bleaching Earth Market Trends And Strategies

4. Activated Bleaching Earth Market – Macro Economic Scenario

5. Global Activated Bleaching Earth Market Size and Growth

26. South America Activated Bleaching Earth Market

27. Brazil Activated Bleaching Earth Market

28. Middle East Activated Bleaching Earth Market

29. Africa Activated Bleaching Earth Market

30. Activated Bleaching Earth Market Competitive Landscape And Company Profiles

Top Major Players: