Activated Bleaching Clay Market Size Was Valued at USD 509.54 Million in 2023, and is Projected to Reach USD 744.28 Million by 2032, Growing at a CAGR of 4.3 % From 2024-2032.
Activated bleaching clay is an adsorbent material used in various industries, including oil refining, cosmetics, and wastewater treatment. It is activated through processes like acid treatment or thermal activation to enhance its adsorption properties, removing impurities and color pigments from oils, waxes, and other substances, thus improving product quality and purity.Activated bleaching clay finds widespread application across diverse industries due to its exceptional adsorption properties and purification capabilities. In the oil refining sector, it is used extensively to remove impurities and color pigments from edible oils, vegetable oils, mineral oils, and waxes.
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Companies Covered in the Report: Oil-Dri Corporation of America (U.S.),EP Minerals (U.S.),Mineral Technologies Inc. (U.S,),BASF SE (Germany),Merck KGaA (Germany),Clariant (Switzerland),Akzo Nobel N.V.(Netherland),S&B Industrial Minerals S.A. (Greece),Ashapura Group (India),HRP Industries (India),Korvi Activated Earth (India),Refoil Earth Pvt Ltd (India),20 Microns Nano Minerals Ltd. (India),Musim Mas (Singapore),Dechengwang Technology Co., Ltd (China),The W Clay Industries Sdn. Bhd (Malaysia),Taiko Group (Malaysia), and Other Major Players
Activated Bleaching Clay Market Trends Analysis:
Growing Demand for Refined Vegetable Oil
The growing demand for refined vegetable oil stands out as a major driver fueling the growth of the activated bleaching clay market. This demand surge is propelled by various factors, including changing dietary preferences, health consciousness among consumers, and the widespread use of vegetable oils in food preparation and cooking. Refined vegetable oil is favored for its neutral flavor, high smoke point, and versatility in culinary applications, making it a staple ingredient in households, restaurants, and food processing industries.
The Activated Bleaching Clay Market Segmentation:
By Type, Natural Bleaching Clay segment is expected to dominate the market during the forecast period
- The natural bleaching clay segment is poised to dominate the growth of the activated bleaching clay market due to several key factors. Natural bleaching clay, derived from mineral deposits and known for its purity and effectiveness, is increasingly preferred by industries such as oil refining, cosmetics, and pharmaceuticals. It's natural composition and gentle purification properties make it a sought-after choice for applications where product quality and safety are paramount.
By Application, Edible Oils & Fats Refining segment held the largest share of 77.22% in 2022
- The edible oils & fats refining segment has emerged as the leader, holding the largest share in driving the growth of the activated bleaching clay market. This dominance is attributed to the indispensable role of activated bleaching clay in refining edible oils and fats.
Segments Covered:
By Type
· Natural Bleaching Clay
· Acid-Activated Bleaching Clay
· Bentonite Clay
By Application
· Edible Oils & Fats Refining
· Mineral Oil & Waxes
· Vegetable Oils Refining
· Wax Refining
By End-User
· Food & Beverage
· Cosmetics & Personal Care
· Chemicals
The Activated Bleaching Clay Market By Region:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Activated Bleaching Clay Market:
· ln May 2024, Oil-Dri Corporation of America (NYSE: ODC) completed its acquisition of Ultra Pet Company, Inc. for $46 million, solidifying its position in the cat litter industry. The strategic move aimed to expand Oil-Dri’s presence in the crystal cat litter segment. With the integration of Ultra Pet’s expertise, both companies worked towards blending cultures and optimizing operations. The acquisition was financed through a combination of cash and existing credit facilities.
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