The global Bleaching Clay Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Bleaching Clay market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
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.
Top Companies in the Global Bleaching Clay Market:
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), among others.
Market Segmentation:
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
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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.
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Strategic Points from Table of Content:
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Bleaching Clay Market Size by Type and Application
– Regional Market Status and Outlook
– Bleaching Clay Market Analysis and Outlook
– Bleaching Clay Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
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