The activated bleaching earth is chemically treated to change the clay's characteristics and increase its bleaching potential. The activated bleaching earth is widely used in the refining, decolorizing, and bleaching of edible oils and fats.
MARKET SCOPE
The "Global Activated Bleaching Earth Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the activated bleaching earth market with detailed market segmentation by application and geography. The report provides key statistics on the market status of the leading activated bleaching earth market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on application, the activated bleaching earth market is segmented into edible oils, mineral oils and lubricants, cosmetics, and others.
MARKET DYNAMICS
Drivers:
- The increasing vegetable oil and fats production in emerging countries of Asia Pacific and Central and South America is significantly driving the market growth.
- Growing acreage and yield of oilseed crop and technological developments in the production process is significantly contributing to the expansion of the activated bleaching earth market.
- Growing demand for biofuel, which is derived from vegetable oil, will create lucrative growth opportunities for activated bleaching earth manufacturers.
- Adoption of healthy eating habits and consumption of low-fat oil is also propelling the demand of activated bleaching earth.
Restraints:
- Rising popularity of various alternatives for bleaching such as natural bleaching earth, acid-activated bleaching earth, activated carbon, and synthetic amorphous silica compounds.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The activated bleaching earth market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the activated bleaching earth market in these regions.
IMPACT OF COVID-19 ON ACTIVATED BLEACHING EARTH MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 pandemic has affected major chemicals and material industries, including activated bleaching earth. Owing to the current pandemic situation, many companies in the activated bleaching earth industry are experiencing limitations in manufacturing and production activities, as well as logistical problems as a result of ongoing trade restrictions. However, with opening several markets across the globe, vaccination development, and initiatives taken by various governments to support economic and industrial growth, the future demand of the activated bleaching earth market is anticipated to grow at a positive and steady pace in the coming years.
MARKET PLAYERS
The report covers key developments in the activated bleaching earth market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from activated bleaching earth market are anticipated to lucrative growth opportunities in the future with the rising demand for activated bleaching earth in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the activated bleaching earth market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AMC (UK) Limited
- Ashapura Perfoclay Limited
- BASF SE
- Clariant International AG
- Korvi Activated Earth
- Musim Mas Holdings
- Oil-Dri Corporation of America
- Taiko Group of Companies
- Refoil Earth Pvt. Ltd
- HRP Industries
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.