A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Bleaching
clay Market.
The study, titled “Bleaching
clay Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Bleaching
Clay Market: Overview
Bleaching
clay refers to a category of clay which has relatively high
adsorption power for decolorizing and refining oils and fats. The
primary source material for bleaching clay is montmorillonite which
can also be referred as hydrated aluminium silicates, which imparts
indispensable adsorption characteristics to bleaching clays. Since
the early 19th century, natural bleaching clays have been used for
the refining of edible oils and fats, however, the activation process
further enhances its properties which includes its adsorptive, acid,
catalytic and ion exchange capacities. Vegetable and Mineral oil
contains a variegated range of impurities like carotenes,
chlorophylls, coupled with other complex impurities such as soaps,
oxidation products and metals. Activated bleaching clay can
effectively remove these impurities, and imparts improved appearance
and flavours to these oils.
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The
global bleaching clay competitive landscape also includes companies
which are indulged in mining activities to ensure complete control
over supply chain. The rising demand for edible and mineral oil has
led these companies to increase their capacity in recent years.
The
global bleaching clay market is expected to expand in proportion to
demand for edible and mineral oil, and is anticipated to expand with
a decent CAGR over the forecast period.
Global
Bleaching Clay Market: Drivers and Restraints
The
prime factor driving demand for bleaching clay is the increasing
demand for refined vegetable oil, as bleaching clay plays an integral
role in its manufacturing process. Moreover, advancement in
optimizing the yield of oilseeds is expected to drive more production
of variegated oil seeds, thus translating into more demand for
bleaching clay for its refining purposes. Apart from this, demand for
fully refined oils with ffa content of less than 0.1% is driving
further demand for highly activated bleaching clays. Bleaching clay
often finds application in industrial sector particularly in the
production of Industrial triglycerides, linseed oil, castor oil,
biodiesel, fatty acids, etc., many of which are an integral part of
manufacturing of paints, vanishes, soaps, etc.. Due to rising living
standards across the globe, demand for these products are bound to
increase, thus fuelling more revenues in the global bleaching clay
market. Apart from this, rising consumption of mineral oil due to its
wide adoption in cosmetics, lubricants and grease, is also expected
to further boost consumption of bleaching clay for mineral oil
refining and processing.
Global
Bleaching clay Market: Region Wise Outlook
The
global bleaching clay market is segmented into the seven key regions:
North America, Latin America, Western Europe, and Eastern Europe,
Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa
(MEA). North America and Asia Pacific are anticipated to dominate the
global bleaching clay market throughout the forecast period. This can
be attributed to rising production of edible oil in major Asian
countries such as China and India. Moreover, rising government
incentives for production of biofuels and various agricultural
benefits being offered in North America, the region is expected to
maintain its dominance for the demand of bleaching clay over the next
decade. Western Europe and Latin America are expected to be the next
prime markets for the consumption of bleaching clay, amid increasing
inclination towards low cholesterol oils, thus fuelling more demand
for bleaching clay from the region. Along with, increasing production
of oil seeds from prime Latin American countries is expected to drive
the growth in the region at an even faster rate. Contrary, MEA and
Japan is anticipated to account for a smaller market share in the
global bleaching clay market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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