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Activated Bleaching Earth Market Growth and Regional Forecast 2018 – 2024

Increasing production of edible oil in Asia Pacific is expected to remain a key factor driving market growth over the forecast period. The Global Activated Bleaching Earth Market is expected to reach USD 3.59 billion by 2022, according to a new report by Grand View Research, Inc. Demand for activated bleaching earth is projected to arise from Malaysia, Indonesia, China, and India on account of increasing production of vegetable oil in these countries. The growing responsiveness to biofuel which is derived from vegetable oil is also expected to have a positive influence on the market growth. Large amount of oil absorption during the refining of mineral or edible oil is expected to remain a key challenge for market participants. Edible oil & fats emerged as the leading application segment and accounted for over 80% of total market volume in 2014. Increasing production of edible oil in emerging markets of Asia Pacific, is anticipated to boost this segment over the forecast perio...