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Activated Bleaching Earth Market Size (2024 - 2029)

The activated bleaching earth market is experiencing a recovery and is projected to expand significantly over the forecast period. The market's growth is primarily driven by the increasing demand for edible oils, although the presence of alternative products and technologies poses challenges. The production of bio-diesel is anticipated to offer additional growth opportunities. The Asia-Pacific region leads in market consumption, with substantial contributions from countries like China, India, and Japan.

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Market Size of Activated Bleaching Earth Industry

Activated Bleaching Earth Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 4.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Activated Bleaching Earth Market Major Players

*Disclaimer: Major Players sorted in no particular order

Activated Bleaching Earth Market Analysis

The activated bleaching earth market is estimated to be at USD 3,899.56 million by the end of this year. It is projected to reach USD 4,873.53 million in the next five years, registering a CAGR of over 4.5% during the forecast period.

COVID-19 had a negative impact on the activated bleaching earth sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business has been recovering since 2021 and is expected to rise significantly in the coming years.

  • The major factor driving the market growth is the growing demand for edible oils.
  • However, the presence of alternative products and technologies is hindering the market growth.
  • Increasing production of bio-diesel is expected to provide lucrative growth opportunities to the market players in the coming years.
  • The Asia-Pacific region dominates the global market, with the largest consumption from countries such as China, India, and Japan.

Activated Bleaching Earth Industry Segmentation

Activated bleaching earth is utilized in the refining, purification, and discoloration of edible and non-edible oils and fats. It is also referred to as wash clay. Activated bleaching earth is generally composed of clay minerals such as bentonite and attapulgite.

The activated bleaching earth market is segmented by application and geography. By application, the market is segmented into edible oil and fats, mineral oil and lubricants, and other applications. The report also covers the market size and forecasts in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

Application
Edible Oil and Fats
Mineral Oil and Lubricants
Other Applications (Chemical, Biodiesel, etc.)
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Activated Bleaching Earth Market Size Summary

The activated bleaching earth market is poised for significant growth, driven primarily by the increasing demand for edible oils. This market, which experienced setbacks due to the COVID-19 pandemic, has been on a recovery trajectory since 2021. The Asia-Pacific region, particularly countries like China, India, and Japan, dominates the global market due to its substantial consumption of vegetable oils. Activated bleaching earth plays a crucial role in purifying various edible oils and fats, enhancing their quality for consumption. Despite the presence of alternative products and technologies that pose challenges to market expansion, the rising production of biodiesel presents lucrative opportunities for market players.

The market landscape is characterized by fragmentation, with key players such as Clariant, Musim Mas, Shell, Oil-Dri Corporation of America, and Ashapura Perfoclay Limited actively participating. Recent strategic moves, like Shell's acquisition of EcoOilsLimited, highlight the industry's focus on sustainable practices and low-carbon fuel production. The demand for activated bleaching earth is expected to grow, supported by the increasing production and consumption of edible oils globally. This growth is further bolstered by the market's ability to absorb impurities more effectively than natural alternatives, making it a preferred choice in the refining and decolorizing processes.

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Activated Bleaching Earth Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand for Edible Oils

    2. 1.2 Restraints

      1. 1.2.1 Presence of Alternative Products and Technologies

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Application

      1. 2.1.1 Edible Oil and Fats

      2. 2.1.2 Mineral Oil and Lubricants

      3. 2.1.3 Other Applications (Chemical, Biodiesel, etc.)

    2. 2.2 Geography

      1. 2.2.1 Asia-Pacific

        1. 2.2.1.1 China

        2. 2.2.1.2 India

        3. 2.2.1.3 Japan

        4. 2.2.1.4 South Korea

        5. 2.2.1.5 Rest of Asia-Pacific

      2. 2.2.2 North America

        1. 2.2.2.1 United States

        2. 2.2.2.2 Canada

        3. 2.2.2.3 Mexico

      3. 2.2.3 Europe

        1. 2.2.3.1 Germany

        2. 2.2.3.2 United Kingdom

        3. 2.2.3.3 Italy

        4. 2.2.3.4 France

        5. 2.2.3.5 Rest of Europe

      4. 2.2.4 South America

        1. 2.2.4.1 Brazil

        2. 2.2.4.2 Argentina

        3. 2.2.4.3 Rest of South America

      5. 2.2.5 Middle East and Africa

        1. 2.2.5.1 Saudi Arabia

        2. 2.2.5.2 South Africa

        3. 2.2.5.3 Rest of Middle East and Africa

Activated Bleaching Earth Market Size FAQs

The Activated Bleaching Earth Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)

Clariant, Musim Mas, Shell, Oil-Dri Corporation of America and Ashapura Perfoclay Limited are the major companies operating in the Activated Bleaching Earth Market.

Activated Bleaching Earth Market Report Snapshots

Activated Bleaching Earth Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)