Activated Bleaching Earth Market To Hit USD 3.6 Billion By 2022

- Mar 06, 2018 -

Research Report on Activated Bleaching Earth Market Size, Growth, Strategies, Trends, Application Analysis, Competitive Scenario and Forecasts, 2015 to 2022

The worldwide Activated Bleaching Earth Market is projected to grow to USD 3.6 billion from 2015 to 2022. Rising use of edible oil in Asia Pacific will contribute to market expansion. Government policies and regulations in key nations of this region are conducive to market growth. Activated bleaching earth is widely used in decolorizing, bleaching and refining of edible oil & fats.

Technological developments in the manufacturing process and growing acreage yield of oil seed crops fuel growth of the vegetable oil and fat industry. Rising preference for low fat oil coupled with healthy eating habits would create opportunities in Europe and the Americas. Market participants are attempting to develop customized grades of activated bleaching earth to cater to the needs of the end-users. This will also trigger industry growth.

Research Report on Activated Bleaching Earth Market Size, Growth, Strategies, Trends, Application Analysis, Competitive Scenario and Forecasts, 2015 to 2022

The worldwide Activated Bleaching Earth Market is projected to grow to USD 3.6 billion from 2015 to 2022. Rising use of edible oil in Asia Pacific will contribute to market expansion. Government policies and regulations in key nations of this region are conducive to market growth. Activated bleaching earth is widely used in decolorizing, bleaching and refining of edible oil & fats.

Technological developments in the manufacturing process and growing acreage yield of oil seed crops fuel growth of the vegetable oil and fat industry. Rising preference for low fat oil coupled with healthy eating habits would create opportunities in Europe and the Americas. Market participants are attempting to develop customized grades of activated bleaching earth to cater to the needs of the end-users. This will also trigger industry growth.

Geographical segments comprise North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa (MEA). Asia Pacific dominated the market, accounting for over 60% of the total demand in 2014. The region will grow at a CAGR of 5.0% from 2015 to 2022.

This could be attributed to escalating production and demand for edible oil & fats in Indonesia, China, Malaysia and India. Central & South America is estimated to reach over USD 350 million by 2022. Increased edible oil & fats production in South Africa and Turkey is driving consumption in MEA.

Leading players in the global activated bleaching earth market are AMC (UK) Limited, Taiko Group of Companies, Clariant International AG and BASF SE. The market is greatly fragmented. Several small vendors compete on the basis of product price and quality.




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