Press release
Bleaching Clay Market to Reach A CAGR of 6.00% By The Year 2029
Bleaching clay is a type of clay that can be used to refine and decolorize fats and oils. The main supply material for bleaching clay is montmorillonite, also known as hydrated aluminum silicate. This provides bleaching clay with its important adsorption properties. Sulfonic acid, sludge, phospholipids, and metal residues are often removed from oil using bleaching clay. This clay has various benefits, including enhanced adsorbent activity and impurity removal of pollutants such as pigments, metals, phosphatides, oxidation products, and soaps.
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Bleaching Clay Market Analysis and Size
Nowadays, vegan diets are gaining significant traction among younger populations, which could drive up the consumption of vegetable oils. As per the estimates from Supplements101, the total number of vegans in 2021 is about 79 million. Moreover, California, New York, and Texas in the United States hold more than 38,000 food and beverage processing plants that extensively use bleaching clays to refine and remove impurities from vegetable oils.
Data Bridge Market Research analyses that the bleaching clay market was valued at USD 1.42 billion in 2022 and is expected to reach USD 2.27 billion by 2030, registering a CAGR of 6.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Competitive Landscape and Bleaching Clay Market Share Analysis
The bleaching clay market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bleaching clay market.
Global Bleaching Clay Market Scope
The bleaching clay market is segmented on the basis of type, application, and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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