Home Press Releases Activated Bleaching Earth Market Size Worth $3.83 Billion By 2030 | CAGR: 5.1%

Activated Bleaching Earth Market Size Worth $3.83 Billion By 2030 | CAGR: 5.1%

The global activated bleaching earth market size is expected to reach USD 3.83 billion by 2030, according to a new study by Polaris Market Research. The report “Activated Bleaching Earth Market Share, Size, Trends, Industry Analysis Report, By Application (Edible Oil & Fats, Mineral Oil & Lubricants, Chemicals, Cosmetics, Others); By Technology; By Type; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increase in the estate and yield of oilseed crops and technological developments in the manufacturing operation will create additional prospects for the market for activated earth to expand. The development of specialty bleaching earth to reduce the quantity of 3-chloropropane-1,2-diol (3-MCPD) in edible oils and fats is a recent innovation in the bleach earth sector. When warmed, 3-MCPD is a chemical molecule that can be produced in margarine, vegetable oils, and animal fats.

 

Further, it is suspected of being carcinogenic and genotoxic, and tests are conducted to ensure that foods do not contain harmful levels. 3-MCPD’s health hazards have been identified by the European Food Safety Authority (EFSA), and other research groups are evaluating its prevalence in refined edible oils and fats.

 

Another factor affecting the need for activated earth, particularly in industrialized nations, is the growing market for biofuel, which is created from vegetable oil. According to the International Energy Agency, in the most optimistic scenario, global biofuel demand will increase by 41 billion liters, or 28%, between 2021 and 2026.

 

To correspond with the IEA Net Zero Scenario, biofuel demand must nearly double in its main case or increase by more than 40% in the accelerated case. In the Net Zero Scenario, liquid biofuels extend until 2026, mostly to cut emissions in road transport and to a lesser amount in planes and ships. Thus, these factors are boosting the industry growth during the forecast period.

 

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Activated bleaching earth’s increasing use in numerous applications, such as edible oils, mineral oils and lubricants, chemicals, cosmetics, and others, is likely to drive industry growth. It can also remove phospholipids, tars acid, sludge, sulfonic & fatty acids, and hazardous metal particles. It is also used as an adsorbent in sewage plants.

 

Activated Bleaching Earth Market Report Highlights

  • The dry technology segment is anticipated to witness significant growth over the forecast period owing to its availability at a low cost compared to other materials
  • Edible oil & fat accounted for a significant revenue share, accelerated by the rising demand for these products from various industries due to their benefits.
  • Asia Pacific is expected to witness significant growth over the projected period. This is due to expanding product demands from end-user sectors, such as oil producers, and a population boom. The segment’s strong growth can also be attributed to the oil-producing plants’ high volume production.
  • The global market is highly competitive owing to the existence of large market players with a global presence including AMC Ltd., BASF SE, Clariant International, HRP Industries, Indian Clay., and Korvi Activated

 

Polaris Market Research has segmented the activated bleaching earth market report based on application, type, technology, and region:

 

Activated Bleaching Earth, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Edible Oils
  • Mineral Oils & Lubricants
  • Chemicals
  • Cosmetics
  • Others

Activated Bleaching Earth, Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Bentonite
  • Attapulgite
  • Sepiolite
  • Others

Activated Bleaching Earth, Technology Outlook (Revenue – USD Billion, 2018 – 2030)

  • Dry Bleaching
  • Wet Bleaching

Activated Bleaching Earth, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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