Activated Bleaching Earth Market Overview:
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, and 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.
According to the research report, the Activated Bleaching Earth Market was valued USD xx.xx Million in 2017, it is projected to reach at USD xx.xx million in 2023, with increasing a CAGR of xx.x% during the time of forecast 2017-2023.
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Activated Bleaching Earth Market Drivers and Restraints:
The growing acreage yield of oil seed crop and technological developments in the production process have remained key driving forces for the vegetable oil & fat industry. Growing demand for biofuel which is derived from vegetable oil is also one of the factors influencing the demand of activated bleaching earth in this industry, particularly in the developed countries. It is widely used in the refining, decolorizing and bleaching of edible oil & fats. Major demand has been experienced from Asian countries such as Indonesia, Malaysia, China, and India. Favorable government regulations and policies in these countries have had a positive influence on the market growth. Supply of specialized or customized activated bleaching earth grades as per the specification of end-users is expected to create new avenues for key industry participants. Certifications such as Halal, Kosher, and HACCP provide competitive advantage to the players. Mineral oils &lubricants segment accommodates the use of activated bleaching earth in various oil types such as insulating, lube, rolling, and paraffin’s & waxes. Use of activated bleaching earth in recycling waste oil and lubricants is expected to drive its application in the mineral oil & lubricants segment.
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Activated Bleaching Earth Market Geographical Segmentation:
The Activated Bleaching Earth Market is geographically segmented into North America, Asia-Pacific, Europe, and Middle East and Africa. Increasing vegetable oil & fats production in emerging markets of Asia Pacific and Central & South America is expected to remain a key driving factor for global activated bleaching earth market over the forecast period. Growing importance giving to healthy eating habits and consumption of low-fat oil is expected to drive the American and European countries.
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Activated Bleaching Earth Industry Major Competitors Analysis:
The key players of Activated Bleaching Earth Market are BASF SE, Clariant International AG, Taiko Group of Companies, AMC (UK) Limited, Shenzhen Aoheng Science and Technology Co., Ltd., Ashapura Perfoclay Limited, Korvi Activated Earth, Musim Mas Holdings, and Oil-Dri Corporation of America.
Key Takeaways from this Report:
- For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
- Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
- Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
- Increase overall revenue by understanding the geographical impact on sales and distribution channels.
- Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
- Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
- Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.
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