Global Activated Bleaching Earth Market Size, Share, Growth Analysis, By Product Type(Bentonite, attapulgite and others), By Application(Food, cosmetics) - Industry Forecast 2024-2031

Report ID: SQMIG15B2037 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 62 | Figures: 75

Global Activated Bleaching Earth Market News

The waste oil recycling business EcoOilsLimited (EcoOils) was purchased by Shell Eastern Petroleum (Pte) Ltd, a wholly-owned subsidiary of Shell PLC (Shell), in November 2022. Shell wants to increase the production of low-carbon transportation fuels, including sustainable aviation fuel, and this acquisition is a step toward that goal. Ninety percent of EcoOilsMalaysia's Indonesian subsidiary and its subsidiaries will be bought. By using recycling technology, EcoOilsuse keeps trash out of landfills and generates spent bleaching earth oil, a globally accepted feedstock for biofuels that may be utilized to make low-carbon fuels.
In January 2022, pigment manufacturer the Heubach Group and private equity firm SK Capital Partners completed the acquisition of Clariant's Colorants Business, which produces activated bleaching earth. The united company will operate under the Heubach name, creating a leader in pigment technology with headquarters in Vienna. The demand for activated bleaching earth is increasing, especially in the Asia-Pacific region, where densely populated countries like India and China have a growing food and agricultural economy. India's government has also committed almost USD 1.4 billion to the farming sector over the next five years. The growing edible oil production industry will require activated bleaching earth to refine their products, leading to an increase in the market sector.
In May 2021, Clariant launched a new range of activated bleaching earth products, specifically designed for the removal of contaminants in specialty oils and fats. The new products are expected to offer improved performance and efficiency compared to traditional activated bleaching earth products.
In June 2021, Musim Mas Holdings announced plans to expand its production capacity for activated bleaching earth at its facility in Indonesia. The expansion is expected to increase the company's output of activated bleaching earth by 50%.

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Global Activated Bleaching Earth Market size was valued at USD 2.42 Billion in 2022 and is poised to grow from USD 2.54 Billion in 2023 to USD 3.75 Billion by 2031, at a CAGR of 5% during the forecast period (2024-2031).

The Global Activated Bleaching Earth Market is highly competitive and fragmented, with several key players operating in the industry. These companies are focused on product innovation, expansion into new markets, and strategic partnerships and collaborations to maintain their position in the market. Some of the major players in the global activated bleaching earth market are investing heavily in research and development to enhance their product offerings and expand their market reach. They are also focusing on strategic partnerships and collaborations to strengthen their distribution networks and gain a competitive edge in the market. In addition to these major players, there are several small and medium-sized enterprises operating in the market, which are focused on niche applications and specific regional markets. These companies are also contributing to the growth of the market by offering specialized products and services to customers. 'Clariant AG', 'BASF SE', 'Taiko Group of Companies', 'W Clay Industries Sdn Bhd', 'Ashapura Perfoclay Limited', 'AMC (UK) Ltd.', '20 Microns Limited', 'Oil-Dri Corporation of America', 'HRP Industries', 'Refoil Earth Pvt. Ltd.', 'Musim Mas Holdings Pte. Ltd.', 'Fullers Earth India Corporation', 'Shenzhen Aoheng Science and Technology Co. Ltd.', 'Shenzhen Zhongming Energy Co., Ltd.', 'MCC Chemicals, Inc.', 'Gujarat Clay Mills Private Limited', 'PT Tunasinti Bhaktimakmur', 'EP Engineered Clays Corporation', 'PT Golden Stone Tbk', 'Korvi Activated Earth'

The activated bleaching earth is widely used in industries such as edible oil and fats, mineral oils, and others for the removal of impurities and color pigments. As these industries continue to grow, the demand for activated bleaching earth is expected to increase, driving the growth of the global activated bleaching earth market.

One of the latest trends in the activated bleaching earth market is the increasing use of natural and organic bleaching agents. Many consumers are becoming more conscious of the environmental impact of industrial processes, leading to a growing demand for natural and organic products. As a result, some companies are now producing activated bleaching earth from natural materials, such as diatomaceous earth or kaolin, which are considered more sustainable and eco-friendly than traditional clay sources.

Asia Pacific is the largest and fastest-growing market for activated bleaching earth globally. The region is characterized by a growing population, urbanization, and increasing demand for refined and purified products in several end-use industries, such as food, cosmetics, and pharmaceuticals. In terms of market share, China and India are the largest consumers of activated bleaching earth in the Asia Pacific region, accounting for a significant share of the market. Other countries, such as Indonesia, Malaysia, Thailand, and Vietnam, are also emerging as key markets for activated bleaching earth due to their rapidly growing food and cosmetics industries. The growth of the activated bleaching earth market in the Asia Pacific can be attributed to several factors, including increasing urbanization and rising disposable income, which have led to a growing demand for refined and purified products. Additionally, the region is characterized by a large number of small and medium-sized enterprises operating in the market, which offer specialized products and services to customers. Another key driver of the market in the Asia Pacific is the growing demand for biofuels, which is leading to increased demand for vegetable oils and animal fats that are used as feedstocks in biodiesel production. The activated bleaching earth is used to remove impurities from these feedstocks, making it a critical component in the biofuel production process.

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Global Activated Bleaching Earth Market Size, Share, Growth Analysis, By Product Type(Bentonite, attapulgite and others), By Application(Food, cosmetics) - Industry Forecast 2024-2031

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