Global Consumption Of Bleaching Clay Is Predicted To Increase At A High CAGR Of 7.2% From 2022 To 2032
Bleaching Clay Market Outlook (2022-2032)
The global consumption of bleaching clay is predicted to increase at a high CAGR of 7.2% from 2022 to 2032. In 2021, the global bleaching clay market was valued at US$ 887.8 million and is anticipated to reach US$ 1.86 billion by the end of 2032.
The edible oils & fats segment is projected to increase at a CAGR of 7.5% from 2022 to 2032, attributed to rising demand from the food and beverage industry.
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Key Segments Covered in Bleaching Clay Industry Research
Bleaching Clay Market by Product :
- Fuller’s Earth
- Activated Clay
- Activated Bauxites
Bleaching Clay Market by End Use :
- Edible Oils & Fats
- Mineral Oils & Lubricants
- Other End Uses
Bleaching Clay Market by Region :
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Top companies in the bleaching clay market have a diverse product range and are involved in a variety of R&D activities. Bleaching clay manufacturers are concentrating on in-house bleaching clay production.
For instance :
- In August 2021, Clariant purchased Beraca, a Brazilian personal care specialties company that specializes in cosmetic quality, non-refined, and processed oils. Clariant’s Care Chemicals business, which includes beauty products, will benefit from this acquisition.