The activated bleaching earth market is estimated to be at USD 3,899.56 million by the end of this year. It is projected to reach USD 4,873.53 million in the next five years, registering a CAGR of over 4.5% during the forecast period.
COVID-19 had a negative impact on the activated bleaching earth sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business has been recovering since 2021 and is expected to rise significantly in the coming years.
The activated bleaching earth market is fragmented in nature. Some of the major players in the market (not in any particular order) include Clariant, Musim Mas, Shell, Oil-Dri Corporation of America, and Ashapura Perfoclay Limited, among other companies.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook