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Global activated bleaching earth industry is likely to foresee growth on account of increasing usage of product as a decolorizing agent in refining of animal fats, vegetable oils, mineral oils and wax. The technological developments in the manufacturing process along with increasing demand for oilseeds in food & beverage industry is expected to remain a favorable factor over the next eight years. Declining land in agricultural production in major countries including China and India on account of changing weather along with increasing activities pertaining to deforestation is expected to reduce the manufacturing activity of oilseeds and may have a negative impact.
The growing demand for biofuel obtained from vegetable oils in light of regulatory inclination for reducing reliance on conventional petroleum products is also considered one of the driving factors over the next eight years. Activated bleaching earth is extensively used in the bleaching of edible oils and fats, decolorizing and refining. The supply of modified activated bleaching earth grades as per the requirement of the consumer is expected to increase expenditure among market players for the development of tailored products. The activated bleaching earth market is highly uneven with a huge number of niche players competing on prices and quality. Recoil Earth Private Limited is a manufacturer of activated bleaching earth which is experiencing the advantageous position by offering high quality and cost-effective bleaching earth grade from the wet or dry process and combination of both. Bew Therefore, industry participants are expected to increase R&D for the new innovative processes which provide significant amount of savings in the near future.
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Over the past few years, major demand has been experienced from Asian countries including Indonesia, Malaysia, China, and India in light of improvement of food & beverage industry at domestic level. In addition, favorable government regulations and policies in aforementioned countries for promoting investments in domestic sectors is expected to open new industry avenues over the next eight years. Mineral oils & lubricants are expected to remain one of the favorable segments on account of increasing application of lubrication products in segments including construction, automotive and heavy machineries. Growing awareness towards recycling of waste oil and lubricants in manufacturing sector is expected to increase the usage of bleaching products in the near future.
Increasing demand for bio-based polymers in developed markets of the U.S. and Germany in light of regulatory support for reducing the green gas emissions on a global level is expected to promote the production of vegetable oil. As a result, bleaching agents may find applications as decolorizing agents for the production of vegetable oil in the near future.
Increment in demand for dietary oil & fat products in South Africa and Turkey in light of increasing awareness towards cardiovascular diseases is expected to reduce the activated bleaching products in the near future. The market is experiencing the high competition between the naturally active and activated clays. The naturally active is highly cheaper than activated clay as and are witnessing the significant growth in the light of easy availability in granulate form and exhibiting good recyclable properties as compared to activated clay which is coherent in nature.
Asia Pacific activated bleaching earth market is anticipated to be driven by growing production as well as consumption of edible oil & fats in China, India, Malaysia and Indonesia. Malaysia and Indonesia are the largest producers of vegetable oil. Growing need for biofuels is also expected to have a particular impact on the market growth. Indonesia and Malaysia are the world’s major producers of edible oil and hence the need for activated bleaching earth from the countries as mentioned earlier is expected to grow in lines with the demand for edible oil over next few years. North America is expected to witness growth in light of strong presence of lubricants manufacturing facilities in the U.S. In addition, positive outlook towards automotive sector in the U.S. and Mexico is expected to promote the production of lubricants which may fuel activated bleaching earth products in the near future.
Prominent industry participants include Clariant International AG, AMC Limited, BASF SE, Shenzhen Aoheng Science and Technology Co., Ltd., Taiko Group of Companies Ashapura Perfoclay Limited, Musim Mas Holdings, Korvi Activated Earth and Oil-Dri Corporation of America.
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