Global Bleaching Clay Market, By Type (Activated Bauxite, Activated Clays, and Fuller's Earth), Application (Industrial Oil, Mineral Oil and Waxes, and Vegetable Oil and Animal Fats), End-user Industry (Food and Beverage, Cosmetics and Personal Care, Chemicals, and Other End-user Industries) - Industry Trends and Forecast to 2030.
Bleaching Clay Market Analysis and Size
Nowadays, vegan diets are gaining significant traction among younger populations, which could drive up the consumption of vegetable oils. As per the estimates from Supplements101, the total number of vegans in 2021 is about 79 million. Moreover, California, New York, and Texas in the United States hold more than 38,000 food and beverage processing plants that extensively use bleaching clays to refine and remove impurities from vegetable oils.
Data Bridge Market Research analyses that the bleaching clay market was valued at USD 1.42 billion in 2022 and is expected to reach USD 2.27 billion by 2030, registering a CAGR of 6.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Bleaching Clay Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to (2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Activated Bauxite, Activated Clays, and Fuller's Earth), Application (Industrial Oil, Mineral Oil and Waxes, and Vegetable Oil and Animal Fats), End-user Industry (Food and Beverage, Cosmetics and Personal Care, Chemicals, and Other End-user Industries)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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The W Clay Industries Sdn (Malaysia), Refoil (India), DuPont (U.S.), BASF SE (Germany), Clariant (Switzerland), Arkema (France), Merck KGaA (Germany), Akzo Nobel N.V.(Netherland), Kemira Oyj (Finland), Oil-Dri Corporation of America (U.S.), TIANJIN YUANJING BENTONITE MINCHEM CO., LTD (China), Ashapura Perfoclay Limited (APL) (U.S.), Taiko Clay Marketing Sdn Bhd (Malaysia), Korvi Activated Earth (India)
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Market Opportunities
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Market Definition
Bleaching clay is a type of clay that can be used to refine and decolorize fats and oils. The main supply material for bleaching clay is montmorillonite, also known as hydrated aluminum silicate. This provides bleaching clay with its important adsorption properties. Sulfonic acid, sludge, phospholipids, and metal residues are often removed from oil using bleaching clay. This clay has various benefits, including enhanced adsorbent activity and impurity removal of pollutants such as pigments, metals, phosphatides, oxidation products, and soaps.
Bleaching Clay Market Dynamics
Drivers
- Growing demand for vegetable oils from food and beverage
Vegetable oils hold a major share of the food sector. The growing preferences for a vegan diet among people also increased the demand for vegetable oils in recent times. Furthermore, numerous oils are used as food supplements for their purported medicinal effect or nutrient content. Consequently, the increasing demand for vegetable oils from the food and beverage industry is anticipated to increase the demand for the bleaching clays and drive the market's growth rate during the forecast period.
- Increasing demand for bleaching clay cosmetics and the personal care sector
Increasing demand for bleaching clay from the cosmetics and personal care market is anticipated to drive the market's growth rate. Moreover, continuous growth in online beauty spending, growing consumer interest in new and premium products, expanding usage of social networks and the development of the upper-middle-class population are some of the major factors which will enhance the demand for bleaching clay in the cosmetics and skincare market globally.
Opportunities
- Rising demand for sustainable fuels
The advent of biofuels as a sustainable energy source is a significant factor powering the growth of the bleaching clay market trends during the forecast period of 2023-2029. Several firms are concentrating on establishing new facilities for global biofuel manufacture to accommodate the increasing demand for sustainable fuels. For instance, Royal Dutch Shell has announced plans to build a biofuel plant in the Netherlands in September 2021 to attain its net-zero carbon emission target by 2050. The Rotterdam-based facility was anticipated to be one of the major facilities with a renewable fuel production capacity of 820,000 tonnes in Europe. As a result of all these factors, increased demand for bleaching clay is significant and expected to create ample opportunities for market growth.
Restraints/ Challenges
- Volatility in raw material prices and stringent guidelines
Numerous environmental threats are connected with edible oil manufacturing, for which EHS (Environment, Health, and Safety) norms are being implemented, which may obstruct the demand for the bleaching clay during the forecast period. The pace of market growth will also be reduced owing to cost fluctuations in raw materials and strict safety guidelines put in place by government organizations.
This bleaching clay market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bleaching clay market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Bleaching Clay Market
The outbreak of the COVID-19 pandemic had an unprecedented and staggering impact on the bleaching clay market, owing to the disruptions in the supply chain for numerous bleaching clay products. Moreover, to control the increase in pandemic cases, there was an extreme shift of investments from other sectors to the biodiesel sector. Several manufacturing companies in the space were either minimized or shut down their operations owing to the risk of infection spread among the workforce, thus hindering the demand and supply chain. However, the increasing awareness related to sustainable development and health during the pandemic led to the augmented production of vegetable oil and refined, which increased the demand for bleaching clay products. However, the situation is anticipated to recover, restoring the market's growth trajectory during the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent development
- In July 2021, Oil-Dri Corporation of America declared a hike in the cost of its product line, including agricultural and fluid purification products and bleaching clay. These new prices will be effective and will range almost up to reliance on the product.
Global Bleaching Clay Market Scope
The bleaching clay market is segmented on the basis of type, application, and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Activated Bauxite
- Activated Clays
- Fuller's Earth
Application
- Industrial Oil
- Mineral Oil and Waxes and Vegetable Oil
- Animal Fats
End-user Industry
- Food and Beverage
- Cosmetics and Personal Care
- Chemicals
- Other End-user Industries
Bleaching Clay Market Regional Analysis/Insights
The bleaching clay market is analyzed and market size insights and trends are provided by country, type, application and end-user industry as referenced above.
The countries covered in the bleaching clay market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As a result of increasing industrialization, Asia-Pacific dominates the bleaching clay market in terms of market share revenue. Asia-Pacific will continue to undergo considerable gains due to the expansion and growth of end-user verticals, the abundant presence of raw materials, and the growing demand for vegetable oils in this region.
North America will expect to be the fastest-growing region during the forecast period of 2023-2030 due to the growing demand for processed edible and industrial oils. Moreover, the large-scale manufacture of bentonite, raw material, coupled with strong availability of well-established domestic and international market players, such as Clariant and Oil-Dri Corporation of America, will likely enhance the market growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bleaching Clay Market Share Analysis
The bleaching clay market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bleaching clay market.
Some of the major players operating in the bleaching clay market are:
- The W Clay Industries Sdn (Malaysia)
- Refoil (India)
- DuPont (U.S.)
- BASF SE (Germany)
- Clariant (Switzerland)
- Arkema (France)
- Merck KGaA (Germany)
- Akzo Nobel N.V.(Netherland)
- Kemira Oyj (Finland)
- Oil-Dri Corporation of America (U.S.)
- TIANJIN YUANJING BENTONITE MINCHEM CO., LTD (China)
- Ashapura Perfoclay Limited (APL) (U.S.)
- Taiko Clay Marketing Sdn Bhd (Malaysia)
- Korvi Activated Earth (India)
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