Synopsis of Activated Bleaching Market:
Activated Bleaching Earth is a clay product composed of attapulgite, bentonite, and montmorillonite materials. It is also known as bleaching clay or activated fuller’s earth. This product contains silica and aluminum in its natural state. It is used to decolorize the oils or vegetable fats in the absence of any chemical treatment. High bleaching rate, low oil retention time, ability to remove the impurities and traces of metal, non-toxic, ecofriendly and reliable nature are the important trends and factors influencing market growth positively. Owing to these features, it is used in various application such as vegetable oils, insulating oil, effluent treatment plants, and others.
As per our survey, the Global Activated Bleaching Earth Market is segregated on the basis of application. On the basis of application, the market is sub-divided into edible oils, mineral oils, bleaching of sulphur, effluent treatment plants, and others. Among these, the edible oils segment holds a major share of the market due to extensive use of fuller’s earth in removing the color, pollutants, and the growing use of vegetable oils in cooking appliances and food industry. The minerals oils are also known by liquid petroleum, paraffin oil and white mineral oil. These oils are derived from the petroleum sources. Therefore, the mineral oils & lubricants segment is estimated to witness a moderate growth in the market due to its toxic characteristics and non-beneficial to the human beings.
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Market Segmentation:
The Global Activated Bleaching Earth Market is categorized on the basis of application. On the basis of application, the market is further segmented into edible oils, mineral oils, and others. Among these, edible oils segment holds the major share of the market due to the growing use of bleaching agents for the purification of vegetable oils and fats in the food industry. The increasing demand for bleaching earth in the heavy end industries such as oil & gas, petrochemicals, food & beverages has propelled the automotive segment to witness a higher growth in the market. In addition to, it is predicted that the mineral oils & lubricants segment is set to grow at a moderate rate in the market during the forecast period.
Segmental Analysis:
The Global Activated Bleaching Earth Market is spanned across five key regions of the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is expected to continue its dominance due to rising demand for bleaching earth in oil & gas, petrochemical industries, and others. These agents are widely used to improve the optimal performance and standard of oil in heavy end industries. Due to these factors, China, India, Indonesia and Malaysia are the major players in this region. The North American region is predicted to witness a higher CAGR in countries such as U.S.A., Canada and Mexico owing to growing demand for biocompatible materials in the automotive, construction and industrial machinery. The new rules and regulations implemented by the World Health Organization (WHO) are estimated to drive the market in the European region during the forecast period. Due to these factors, Germany, the U.K. and Italy are the major contributors to the bleaching earth market in Europe. The Middle East & Africa, and Latin America regions are estimated to observe a significant growth in the market due to the rapid production of vegetable oils, mineral oils & lubricants. Moreover, it is projected that the mineral oils & lubricants segment is set to grow at a moderate rate in the market owing to its harmful benefits to human beings and environment.
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Regional Analysis:
The Global Activated Bleaching Agent Market is segmented into five regions of the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for edible oils from the biotech industry. The increasing production of oils in refineries is likely to fuel the Bleaching Earth Market to witness a higher CAGR in the coming years owing to its ability to remove contaminants and pollutants from the product. Due to these reasons, China, India, Indonesia, and Malaysia are projected to be the leading players in this market during the forecast period 2017-2023.
The European region has observed a significant growth in the market due to rules and regulations set by World Health Organization (WHO) to adopt low fat oil and good products. Therefore, Germany, the U.K. and Italy are the major players owing to growing consumption of fuller’s earth in oil industries and others.
The North American region has witnessed a notable growth in the market due to technological advancement and the growing demand for purification agents in the edible oil industry. The high disposable income and implementation of government programs is set to drive the bleaching earth market during the forecast period. Owing to these factors, the U.S., Canada and Mexico are expected to be the important contributors to this market.
The Bleaching Earth Market has been driven by the growing production of edible oils mineral oils & lubricants in the Middle East & Africa. It is projected that the mineral oils & lubricants segment is set to achieve a good growth in the market due to its extensive use in oil & gas, pharmaceuticals, petrochemicals, and other industries. Moreover, the market in the Latin American region is set to expand at a higher rate due to growing purification of oils by fuller’s earth in end-use industries.
Key Players:
- BASF SE
- Clariant
- Taiko Group of Companies
- Ashapura Perfoclay Limited (APL)
- Musim Mas Holdings
- the W group
- Oil-Dri Corporation of America
- 20 Microns Nano Minerals Limited
- AMC Limited
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