Activated Bleaching Earth Global Market Report 2024

Activated Bleaching Earth Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on activated bleaching earth market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for activated bleaching earth? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The activated bleaching earth market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Mineral Type: Bentonite; Attapulgite; Sepiolite; Other Mineral Types
• 2) By Technology: Dry Bleaching; Wet Bleaching
• 3) By Application: Edible Oil and Fats; Mineral Oil and Lubricants; Chemicals; Other Applications
• Companies Mentioned: Clariant AG; Taiko Bleaching Earth Sdn Bhd; Ashapura Perfoclay Limited; The W Clay Industries Sdn Bhd; HRP Industries
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Activated bleaching earth is a finely-grained, naturally occurring, and highly adsorbent substance that resembles soil. It has the ability to bind impurities or colored compounds from fats, oils, or other substances and is extracted from the earth, rich in minerals. Activated bleaching earth is commonly used to purify animal fats or edible oils for human consumption, effectively removing contaminants and unwanted materials.

The primary types of minerals used in activated bleaching earth include bentonite, attapulgite, sepiolite, and others. Bentonite, for instance, is a clay formed through the alteration of volcanic ash and is primarily composed of smectite minerals, particularly montmorillonite. Bentonite finds diverse applications such as in drilling mud, as a binder in foundry-sand bonding and iron ore pelletizing, as a purifier, absorbent in pet litter, and as a groundwater barrier. Major technologies utilized in the processing of activated bleaching earth include dry bleaching and wet bleaching. Activated bleaching earth is employed in various applications, including the purification of edible oils and fats, mineral oils and lubricants, as well as in the chemical industry and other sectors.

The activated bleaching earth market research report is one of a series of new reports from The Business Research Company that provides activated bleaching earth market statistics, including activated bleaching earth industry global market size, regional shares, competitors with an activated bleaching earth market share, detailed activated bleaching earth market segments, market trends and opportunities, and any further data you may need to thrive in the activated bleaching earth industry. This activated bleaching earth market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The activated bleaching earth market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth observed in the historical period for activated bleaching earth can be attributed to several factors, including the expansion of the edible oil refining industry, a rising awareness of health benefits associated with purification processes, industrialization in emerging markets, adherence to stringent quality standards, and the globalization of food trade. These factors collectively contributed to the historical growth and utilization of activated bleaching earth, especially in the context of edible oil purification.

The activated bleaching earth market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The anticipated growth in the forecast period for activated bleaching earth can be attributed to several factors, including the ongoing expansion of the edible oil industry, a growing demand for biofuels, increasing health consciousness among consumers, the evolution of stringent regulatory standards, and a heightened focus on sustainable practices. Major trends expected in the forecast period include the development of innovative cosmetic solutions, continuous product innovations, strategic partnerships within the industry, and increased investments in the production of chemicals. These trends are likely to shape and influence the trajectory of the activated bleaching earth market in the coming years.

The activated bleaching earth market is poised to experience significant growth due to the increasing demand for edible oils. Edible oils, derived from various vegetables and animal tissues, are a staple in culinary practices and health-conscious diets. Activated bleaching earth plays a crucial role in the purification of these oils by eliminating impurities. For instance, in March 2022, the INTERNATIONAL OLIVE COUNCIL reported a projected consumption of over 3.2 million tons of oil in 2021/22, marking a 2.9% increase from the previous crop year. With global consumption of olive oil on the rise, reaching 3,214,500 tons in the same period, the heightened demand for edible oils is a primary driver fueling the growth of the activated earth market.

The surge in demand for cosmetic products is anticipated to be a significant factor propelling the growth of the activated bleaching earth market. Cosmetic products, designed for personal care and enhancing skin and hair appearance, are witnessing an upsurge in usage. Activated bleaching earth serves as a fundamental ingredient in many cosmetics, especially skin and hair care products, owing to its natural purifying properties. In January 2021, statistics from Automat.ai indicated a 13% increase in skincare product sales in the US, with a notable 24% growth in online beauty merchants, signaling the rising preference for skincare over makeup. The usage of activated bleaching earth in cosmetics to eliminate impurities and toxins from the skin and hair is contributing significantly to the market's expansion.

Technological advancements stand out as a prominent trend in the activated bleaching earth market. Key industry players and research institutes are actively engaged in developing innovative technologies to produce cost-effective, environmentally friendly, and versatile applications of activated bleaching earth. A notable instance is the successful regeneration of spent bleaching earth (SBE) through a three-hour calcination process at 500 °C in an air atmosphere, followed by acid activation, as reported in a 2020 publication by IOP Publishing. This innovative regeneration method showcased the adsorbent capacity of the regenerated SBE, comparable to that of virgin bleaching earth (VBE), unlocking potential applications, notably in the palm oil refining sector. This emphasizes the market's drive toward technological advancements to enhance the efficacy and eco-friendliness of activated bleaching earth applications.

In November 2022, Shell PLC, a leading UK-based oil company, completed the acquisition of EcoOils, a Singapore-based oil recycling firm, for an undisclosed sum. Shell's strategic acquisition aims to bolster its production capacity in sustainable low-carbon transportation fuels, notably sustainable aviation fuel. This purchase encompasses the acquisition of EcoOils' Malaysian subsidiaries entirely and a 90% stake in its Indonesian subsidiary. EcoOils specializes in repurposing waste and residue generated by the palm industry, aligning with Shell plc's commitment to sustainable fuel solutions and environmental stewardship.

During October 2022, Clariant AG, a prominent Swiss specialty chemicals company, finalized the acquisition of BASF SE's attapulgite business assets for $60 million. This strategic move by Clariant AG is intended to reinforce its technological capabilities in markets experiencing growth, particularly in the purification of edible oils and renewable fuels using attapulgite supply. Additionally, the acquisition aims to expand Clariant AG's presence in the North American market. BASF SE, a major German chemical company, is renowned for its production of activated bleaching earth, a key component in various industrial applications, including the purification of

Major companies operating in the activated bleaching earth market report are Clariant AG, Taiko Bleaching Earth Sdn Bhd, Ashapura Perfoclay Limited, The W Clay Industries Sdn Bhd, HRP Industries, Musim Mas Holdings Pte. Ltd., Royal Dutch Shell PLC, Oil-Dri Corporation of America, Taiko Holdings Co. Ltd., AMC Limited, Indian Clay And Mineral Co., Korvi Activated Clay Pvt. Ltd., Phoenix Chemicals (Pvt.) Ltd., Refoil Earth Pvt. Ltd., Global Bleach Chem Pvt. Ltd., Shenzhen Aoheng Science and Technology Co. Ltd., Zeotec Adsorbents Private Limited, Microns Ltd., EP Minerals LLC, PT Tunasinti Bhaktimakmur, Ashapura Group, BASF SE, Manek Active Clay Pvt. Ltd., Sunny Earth Minerals Ltd., Nav Bharati Chemicals Pvt. Ltd., Shiv Shakti Mine Chem Pvt. Ltd., Shri paras Enterprises, L. Chhotalal & Company, Lakshmiwadi Mines & Minerals (P) Ltd., Benton Bleach-Chem India Pvt. Ltd., Taiko Chandernagar Chemicals Pvt. Ltd.

Asia-Pacific was the largest region in the activated bleaching earth market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the activated bleaching earth market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the activated bleaching earth market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The activated bleaching earth market consists of sales of activated bleaching earth that is odorless, tasteless, non-toxic white or beige powder or granules. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.