Bleaching Clay Market Size & Growth Analysis to 2030

The global bleaching clay market size is projected to grow at a significant CAGR of over 5% during the forecast period 2021 to 2027. The increasing demand for vegetable oil and the growing consumption of biofuel are some major factors driving the market growth. Furthermore, the continuous demand from personal and cosmetic care for the product is further anticipated to spur the market growth. The rapid growth in urbanization, increasing spending on beauty products, and rising consumer preference towards premium beauty products are expected to boost the market growth. However, the stringent regulations regarding safety is a major factor expected to restrain the market growth.

Market Drivers:

Expanding Edible Oil Industry: The growing demand for edible oils, such as soybean oil, palm oil, and sunflower oil, is a significant driver for the bleaching clay market. Bleaching clay is extensively used in the refining process of edible oils to remove impurities, color pigments, and contaminants, thereby improving the quality and appearance of the final product.

Increasing Awareness of Health and Wellness: With the rising awareness among consumers about health and wellness, there is a growing demand for healthier food products. Bleaching clay plays a crucial role in the production of refined and low-fat oils, which align with the preferences of health-conscious consumers. The market is driven by the need to produce edible oils that are free from harmful substances and meet the quality standards.

Growth in Industrial Applications: Apart from the edible oil industry, bleaching clay finds application in various industries, such as cosmetics, chemicals, and pharmaceuticals. In the cosmetics industry, it is used for the purification of oils and waxes used in skincare and personal care products. The chemical and pharmaceutical sectors use bleaching clay for the purification of intermediates and active pharmaceutical ingredients (APIs). The expanding industrial applications contribute to the growth of the market.

Regulatory Compliance: Stringent regulations and quality standards imposed by government bodies and food safety organizations drive the adoption of bleaching clay. Regulatory requirements for edible oils and other relevant industries mandate the use of bleaching clay as part of the refining process to ensure product quality, safety, and compliance. The need to meet these regulatory standards drives the demand for bleaching clay.

Increasing Disposable Income: The growth of the bleaching clay market is also influenced by rising disposable income levels, particularly in developing regions. As consumers’ purchasing power increases, there is a higher demand for processed and refined food products, which, in turn, drives the demand for bleaching clay in the production of high-quality edible oils.

Technological Advancements: Continuous advancements in bleaching clay manufacturing processes, such as the development of activated bleaching clays with improved properties and performance, contribute to the market’s growth. These technological advancements lead to enhanced bleaching efficiency, reduced process time, and improved cost-effectiveness, thereby driving the adoption of bleaching clay in various industries.

Increasing International Trade: The globalization of the food industry and the rise in international trade of edible oils create opportunities for the bleaching clay market. As countries import and export edible oils, the need for high-quality refined oils increases, driving the demand for bleaching clay in the refining process.

Market Outlook:

Market Insights:

The global bleaching clay market is bifurcated into the product, application, end-use industry, and geography.  On the basis of product, the market is segmented into natural and activated sub-segment. The natural segment is estimated to grow at the highest CAGR over the forecast period. The wide use of natural bleaching clays in various industries such as paints, mineral oil, biofuel, and water treatment is anticipated to drive the segment growth during the forecast period. Furthermore, the increasing demand for processed and refined products such as oil, lubricants, paints, etc, is estimated to spur the segment growth.

On the basis of application, the market is bifurcated into vegetable oils & fats, mineral oils & lubricants, and others. The vegetable oil and fats segment dominated the global bleaching clay market in 2020 and estimated to hold the largest revenue share of over two-third percent of the market. The growth of the segment is anticipated to be propelled by the increasing demand for the product to remove the impurities available to obtain high-quality products from vegetable oils like palm, soybean, and rapeseed oil. The vegetable oil and fats segment is also accounted to grow at the highest CAGR over the forecast period.

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The bleaching clay comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The bleaching clay market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Product:

• Natural
• Activated

By Application:

• Vegetable Oils & Fats
• Mineral Oils & Lubricants
• Others

By End-Use Industry:

• Food and Beverage
• Cosmetics and Personal Care
• Chemicals
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the Asia Pacific dominated the global bleaching clay market in 2020 and expected to maintain its dominance over the forecast period. The region is also anticipated to grow at the fastest growth rate in next upcoming years. The high demand for vegetable oil from the food and beverage industry is a primary factor to drive the market growth in the region. Furthermore, the growing population, rising awareness regarding health, changing living standards, and increase in crop yield are some other factors to boost the market growth in the region. Moreover, the fast-growing personal care industry in various developing economies such as China, India, and Japan is anticipated to fuel the market in APAC.

Competition Assessment:

Some of the major market players operating in the global bleaching clay market are Clariant AG, Ashapura Group, Oil-Dri Corporation of America, Taiko Clay Marketing Sdn Bhd, and Korvi Activated Earth. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Clariant AG
• Ashapura Group
• Oil-Dri Corporation of America
• Taiko Clay Marketing Sdn Bhd
• Korvi Activated Earth
• HRP Industries
• Mineral Technologies Inc.
• Musim Mas
• Refoil Earth Pvt Ltd.
• The W Clay Industries Sdn Bhd

Key Questions Answered by Bleaching Clay Market Report

• Global bleaching clay market forecasts from 2021-2027
• Regional bleaching clay market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Bleaching clay submarket forecasts from 2021-2027 covering the market by product, by application, by end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the bleaching clay market
• Analysis of the key factors driving and restraining the growth of the global, regional and country-level bleaching clay markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the bleaching clay market