Activated Bleaching Earth Market Share, Size, Analysis, Growth, Industry Trends and Forecasts to 2022- Hexa Research
Your Catalyst To a Lucrative Business
Activated Bleaching Earth Market Share, Size, Analysis, Growth, Industry Trends and Forecasts to 2022- Hexa Research
" 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 worldwide Activated Bleaching Earth Market is projected to grow to USD 3.6 billion from 2015 to 2022. Rising use of edible oil in Asia Pacific will contribute to market expansion. Government policies and regulations in key nations of this region are conducive to market growth. Activated bleaching earth is widely used in decolorizing, bleaching and refining of edible oil & fats.
Technological developments in the manufacturing process and growing acreage yield of oil seed crops fuel growth of the vegetable oil and fat industry. Rising preference for low fat oil coupled with healthy eating habits would create opportunities in Europe and the Americas. Market participants are attempting to develop customized grades of activated bleaching earth to cater to the needs of the end-users. This will also trigger industry growth.
The global activated bleaching earth market is split into applications and geographies. Applications encompass mineral oil & lubricants, edible oil & fats, and others. In 2014, edible oil & fats accounted for over 5.0 million tons. Growing demand for biofuels could further this segment’ s growth. Indonesia and Malaysia are the leading producers of edible oil. They are expected to generate huge demand for activated bleaching earth in the coming years.
Browse Details of Report @ https:// www. hexaresearch. com / research-report / activated-bleaching-earthmarket /
Follow Us: