Bleaching Clay Market Size to Grow at a CAGR of 6.80% in the Forecast Period of 2023-2028

Alexparker007 August 24, 2023

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The ‘Global Bleaching Clay Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global bleaching clay market, assessing the market on the basis of its segments like product types, applications, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Bleaching Clay Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Around USD 1.18 Billion
• Forecast CAGR (2023-2028): 6.80%
• Forecast Market Size (2028): Nearly USD 1.74 Billion

A major driver of the global bleaching clay market is the growing usage of activated bleaching clay in several industrial activities. Activation processes like acid activation and thermal activation enhance the adsorbent properties of bleaching clay, allowing it to effectively adsorb impurities and other contaminants present in oils and fats, among other substances. The primary usage of activated bleaching clay lies in the food and beverages sector, where it is used to remove unwanted pigments from vegetable oils. It is also used in auto repair shops to soak up spilt oil from the surface, or in settings like slaughterhouses where oil accumulation is common.

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The usage of the product in the cosmetics sector is another factor that fuels the global bleaching clay market. Bleaching clay is effectively used for the preparation of face masks that reduce inflammation and pimples. It is also crucial in reducing pore sizes and removing pigmentation, giving an appearance of glowing healthy skin. Besides, it is widely used in creams to provide a lifting effect and make the face look younger. The increasing trend of DIY skincare treatments is also boosting the demand for bleaching clay for use in homemade masks.

Increasing investments by manufacturers to develop innovative technologies that can lead to the development of bleaching clay with enhanced efficiency are supporting the market. Key players are aiming to improve the adsorption properties of bleaching clay by developing new formulations and activation processes. They are also attempting to customise the properties of bleaching clay to meet the specific requirements of different sectors like oil and gas and food and beverages.

The increasing market penetration of new players and the expansion of distribution channels positively influence the global bleaching clay market growth. Furthermore, the increasing demand for renewable diesel, biodiesel, and sustainable aviation fuels amid the growing eco-consciousness is boosting the requirement for innovative bleaching clays that can effectively eliminate impurities and enhance the production efficiency of such products while minimising feedstock losses.

Bleaching Clay Industry Definition and Major Segments

Bleaching clay, variously known as bleaching earth, refers to an adsorbent material that is used for removing pigment and colouring matter from liquids such as oils and other chemicals. It is usually made from natural materials such as bentonite clay and is typically used to remove free fatty acids, sulphuric acid, sulphonic acid, and traces of metal from oils.

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On the basis of product type, the market is classified into:

• Activated Bleaching Clay
• Natural Bleaching Clay

Based on application, the bleaching clay market is segmented into:

• Industrial Oil
• Vegetable Oil and Animal Fats
• Others

Based on region, the market is divided into:

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

Bleaching Clay Market Trends

A key bleaching clay market trend is the growing usage of the product in the refining of vegetable oils. Bleaching clay improves the quality, flavour, and stability of vegetable oils by removing impurities and other pigments while enhancing their shelf stability. It also aids oil producers to comply with stringent food quality and safety regulations while effectively removing harmful substances like heavy metals and pesticides from the oil.

The increased consumption of processed food also favour the demand for refined oil that uses bleaching clay to remove undesired components and meet food quality standards. Moreover, the product is increasingly used to give a clear appearance to the refining oil used in processed food. With hectic schedules of the urban population, the reliance on ready-to-eat meal options and processed food increases, hence driving the bleaching clay market demand.

Another crucial trend that drives the market is the growing usage of bleaching clay in mineral oils and lubricants. Mineral oils and lubricants are extensively used in various sectors like automotive, construction, and manufacturing, among others, driving the demand for bleaching clay to refine and purify oil. Moreover, the rising environmental awareness has pushed various sectors to adopt green products, including sustainable bleaching clay, that are made from natural and eco-friendly products.

The Asia Pacific accounts for a substantial share in the global bleaching clay market owing to the growing consumption of vegetable oils by the surging population in the region. The expansion of the food processing sector, along with the surging production of vegetable oil in the region, also drives the demand for bleaching clays.

Key Market Players

The major players in the global bleaching clay market report are

• Tolsa SA
• Taiko Clay Marketing Sdn Bhd
• Ashapura Perfoclay Limited (APL)
• Clariant AG
• DuPont de Nemours, Inc.
• EP Minerals LLC
• HRP Industries Pvt Ltd
• Musim Mas Group
• Oil-Dri Corporation of America
• Qingdao Qiancheng Minerals Co. Ltd.
• Iris Impulse India Pvt. Ltd.
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.