Your Catalyst To a Lucrative Business
Mineral oils & lubricants are projected develop at a moderate rate . Approval from WHO ( World Health Organization ) and FDA ( Food and Drug Administration ) for using food grade mineral oil in preparing food could boost growth in Europe and North America .
Geographical segments comprise North America , Europe , Asia Pacific , Central & South America , and Middle East & Africa ( MEA ). Asia Pacific dominated the market , accounting for over 60 % of the total demand in 2014 . The region will grow at a CAGR of 5.0 % from 2015 to 2022 .
This could be attributed to escalating production and demand for edible oil & fats in Indonesia , China , Malaysia and India . Central & South America is estimated to reach over USD 350 million by 2022 . Increased edible oil & fats production in South Africa and Turkey is driving consumption in MEA .
Leading players in the global activated bleaching earth market are AMC ( UK ) Limited , Taiko Group of Companies , Clariant International AG and BASF SE . The market is greatly fragmented . Several small vendors compete on the basis of product price and quality .
Browse Related Category Market Reports @ https :// www . hexaresearch . com / researchcategory / disinfectants-and-preservatives-industry
Follow Us :