Global Bleaching Clay Market Report, Industry Overview, Growth Rate and Forecast 2023-2028
The latest report by IMARC Group, titled “ Bleaching Clay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global bleaching clay market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028. Factors Affecting the Growth of the Bleaching Clay Industry: Increasing Demand for Edible Oils and Fats: The bleaching clay industry is currently experiencing substantial growth due to the ever-increasing global demand for edible oils and fats. As consumers become more health conscious and aware of the importance of quality in food products, the need for refined and clear edible oils has escalated. Bleaching clay, which is a vital component in the oil refining process, plays a crucial role in removing impurities, color, and unwanted odors from ...