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Bleaching Clay Market is Anticipated to Grow at a CAGR of 7.2% to Top US$ 1.86 Billion by 2032

04-19-2024 05:50 AM CET | Chemicals & Materials

Press release from: Fact.MR

Bleaching Clay Market

Bleaching Clay Market

The bleaching clay market was valued at US$ 932.2 million in 2022. Moreover, growth is anticipated to pick up speed at a robust 7.2% CAGR during the evaluation period of 2022-2032, culminating in US$ 1.86 billion. Bleaching clay has been widely utilized for edible oil purification since the nineteenth century. Variations in the yield of oilseed crops are anticipated to positively affect the global market for bleaching clay since bleaching clay is extensively utilized in the processing and refining of edible oils.

Under certain conditions, bleaching clay, a clay adsorbent, is used with oil to decolorize and purify the oil by eliminating contaminants and coloring agents. Since bleaching clay is needed to produce refined vegetable oil, this is the main factor driving the need for bleaching clay. Additionally, improvements in oilseed yield optimization are probably going to spur more production of variegated oil seeds, which will raise the requirement for bleaching clay for processing purposes.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.factmr.com/connectus/sample?flag=S&rep_id=7369

Aside from that, there is an increasing need for highly active bleaching clays due to the demand for fully refined oils with less than 0.1% FFA content. In the industrial sector, bleaching clay is frequently used to make industrial triglycerides, linseed oil, castor oil, biodiesel, fatty acids, and other products that are then used to make paints, varnishes, soaps, and other products. The demand for these products is anticipated to increase because to rising living standards globally, which will drive higher profits in the bleaching clay market globally. The demand for bleaching clay, which is used in the refining and processing of mineral oil, is expected to rise as a result of the increased usage of mineral oil in grease, lubricants, and cosmetics. Given the abundance of agricultural benefits and increased government subsidies for biofuel production in North America, the region is expected to maintain its dominance in the demand for bleaching clay during the next ten years.

๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ

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

Global biodiesel acceptability and consumption are expected to increase due to increased environmental concerns and global initiatives to promote non-conventional fuels. According to an expert at Fact.MR, biodiesel is anticipated to make up a significant share of the global bleaching clay market throughout the anticipated time.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Leading companies in the bleaching clay market are profiting from the constantly rising need for bleaching clay in a variety of applications. Players are depending on partnerships, acquisitions, and collaborations with current small-, medium-, and large-scale players to expand their outreach. The following are some notable market developments:

Clariant

EP Minerals

Mineral Technologies Inc.

Musim Mas

Refoil Earth Pvt Ltd.

Taiko Group of Companies

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐๐ฅ๐ž๐š๐œ๐ก๐ข๐ง๐  ๐‚๐ฅ๐š๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

By Product :

Fuller's Earth
Activated Clay
Activated Bauxites

By End Use :

Edible Oils & Fats
Mineral Oils & Lubricants
Other End Uses

By Region :

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=7369

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

In August 2021, Clariant acquired Beraca, a Brazilian personal care specialties firm that specializes in cosmetic grade, non-refined, and processed oils. This transaction will boost Clariant's Care Chemicals division, which includes beauty products.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐…๐š๐œ๐ญ.๐Œ๐‘

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