Bleaching Clay Market Size, Share, Growth, Trends and Industry Analysis Report, 2016 to 2024
The global bleaching clay market size was valued at USD 701.4 million in 2015 and is predicted to grow at a CAGR of 5.1% from 2016 to 2024. The product has been used in the refinement of edible oil since the 19th century.
(firmenpresse) - The global bleaching clay market is expected to reach USD 1.09 billion by 2024, according to a new report by Grand View Research, Inc. Bleaching clay plays an important role in refining, lightening, and decolorizing edible oil. The increasing production of refined vegetable oil is one of the key factors driving the market demand. Bleaching clay is also used for removal of phospholipids, sulfuric acid, sludge, sulfonic acid, free fatty acids, and traces of metal in oils. Besides these applications, it is used in effluent treatment plants and as an ingredient in cosmetic products.
Higher oilseed crop yield and technological developments are expected to increase the demand for bleaching clay consumed in the edible oils & fats application segment. The growing demand for baby lotions & emollients coupled with recycling of lubricants & waste oils is projected to drive the mineral oils & lubricants segment.
Most of the manufacturers are engaged in mining activities in order to maintain an efficient supply chain and gain a competitive edge in the market. Certifications such as Kosher, HACCP, and Halal provide the competitive advantage to the players.
Further key findings from the report suggest:
& fats emerged as the leading application segment and accounted for over 80% of total market volume in 2015. The segment is primarily influenced by the growing vegetable oil production in Asia Pacific and Americas.
med in the region
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Datum: 14.11.2019 - 08:15 Uhr
Sprache: Deutsch
News-ID 1553927
Anzahl Zeichen: 2849
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Date of sending: 14.11.2019
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