Bleaching Clay Market Size, Share & Growth Forecast 2020-2027
The global bleaching clay market size is expected to reach USD 1.9 billion by 2027 registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Growing consumption of refined vegetable oils is one of the major factors driving the market. Bleaching clay is used to remove impurities in vegetable oils and achieve high quality and pure oils. The primary source of raw materials include bentonite, sepiolite, and attapulgite. The absorbing capacity of these minerals depends on properties, such as particle size distribution, surface area, surface activity, and porosity. Bentonite is created by the alteration of volcanic ash and is predominantly used to remove drill cuttings, close borehole walls, and grease the cutting head. Rising demand from end-use industries, such as alcohol clarifiers, groundwater barriers, and binders in steel & iron production, is expected to fuel the market growth over the forecast period. The product is widely used in edible...