Global Bleaching Clay Market Size, Share & Trend Report

Global Bleaching Clay Market Size, Share & Trend Analysis Report By Application (Edible Oils & Fats, Mineral Oils & Lubricants), By Region, By Country, And Segment Forecasts, 2016 - 2024

  • Published Date: Oct, 2016
  • Base Year for Estimate: 2015
  • Report ID: GVR-1-68038-274-7
  • Format: Electronic (PDF)
  • Historical Data: 2013-2015
  • Number of Pages: 94

Industry Insights

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. As this product is used widely in the processing & refining of edible oils, the development in oilseed crop production is expected to have a positive impact on this market.

Other applications of bleaching clay include refining and de-colorization of mineral oils, waxes, and lubricants. The industry is highly fragmented with a large number of small players competing on the basis of price and quality.

U.S. bleaching clay market

Mineral oils such as hydrocarbons and lubricants are processed by treatment with bleaching clay. The global mineral oil industry is projected to experience increasing demand due to its growing applications in the production of cosmetics & health care products, waxes, biomedicine, thermic fluid, food preparation, and lubricants & grease.

Some of the raw materials used in the production of bleaching clay are bentonite, fuller’s earth, and kaolin. According to the United States Geological Survey (USGS), the global production of bentonite was approximately 16 million tons in 2015. The U.S. and China are the largest producers of bentonite globally. These countries accounted for 50% to 60% of the overall supply in 2015.

Strategies related to the expansion & investment are undertaken by companies operating in this industry to cater to the massive demand arising from edible oil refining countries. Manufacturers are typically involved in three stages of the value chain, namely, mining, processing, and distribution.

Application Insights

Bleaching clay used in edible oil & fats refining is projected to grow at the highest CAGR and occupy the largest share by 2024. Increasing crop yield coupled with the growing trend of consuming healthy and low-fat products is projected to drive market volume over the coming years. Favorable government initiatives & policies implemented in the agricultural sector is expected to complement growth over the coming years.

Bleaching clay is used in the mineral oils & lubricants industry for the purification of aromatic compounds in paraffin & wax and extraction of sludge, tars acid, sulfuric acid, and sulfonic acid. The product is used for purifying mineral oil such as hydrocarbons and lubricating oil. It absorbs oil-soluble and corrosive impurities present in the hydrocarbon oil. However, the product is used in very small proportions for refining of mineral oils as compared to its use in refining edible oils.

Regional Insights

Asia Pacific bleaching clay market is anticipated witness fastest growth with a CAGR of 5.9% from 2016 to 2024. The market growth is driven by the increasing production of edible oil in China, India, Malaysia, and Indonesia and the rising disposable income in developing countries.

Technological developments and favorable government initiatives have led to growth in manufacturing sites and refineries in China, making it one of the leading producers of bleaching clay in the world. Some of the key producers in China include Sinoma Attapulgite Clay Co., Ltd., Tianjin Bentonite Minchem Co., Ltd., Qingdao Qiancheng Minerals Co., Ltd., Fuze Mining Company, Nanning Stull Co., Ltd.

Global bleaching clay revenue

America is also expected to witness moderate growth on account of increasing oilseed production in Argentina, Brazil, the U.S., and Canada. Growing preference for biofuel is also one of the factors influencing demand in this industry, particularly in the developed countries.

The increasing consumption of low cholesterol frying & baking fats, and margarine is projected to have a positive impact on the demand for bleaching clay used in the American and European region. Companies such as Clariant have increased the production capacity of their bleaching earth plant in Mexico to cater to demand arising from the North & South American market.

Bleaching Clay Market Share Insights

Companies such as Clariant have adopted acquisition strategies to enhance their regional presence and product offerings. Most companies have fully integrated value chains, from exploration to operation of the mines as well as processing bentonite & fuller’s earth. Companies employ geologists and mineral specialists who estimate and evaluate existing and potential reserves in terms of quality, quantity, and availability.

Key players operating in the global bleaching clay market include BASF SE, Clariant International AG, Oil-Dri Corporation of America, Taiko Group of Companies, Musim Mas Holdings, W Clay Industries, Ashapura Group of Companies, AMC (UK) Ltd., Refoil Earth Pvt. Ltd. and AMCOL Specialty Minerals.

Report Scope

Attribute

Details

Base year for estimation

2015

Actual estimates/Historical data

2014

Forecast period

2016 - 2024

Market representation

Revenue in USD Thousands, Volume in Kilotons, & CAGR from 2016 to 2024

Regional scope

Americas, Europe, Asia Pacific, Middle East & Africa

Country Scope

U.S., Canada, Mexico, Costa Rica, Honduras, Guatemala, Colombia, Ecuador, Argentina, Brazil, Peru, Germany, Russia, Ukraine, UK, China, India, Malaysia, Indonesia, Turkey, South Africa

Report coverage        

Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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