Procurement Resource Evaluates the Price Trends of Bleaching Earth in its Latest Insights and Dashboard
Price Trends of Bleaching Earth in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bleaching Earth price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Bleaching Earth can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
The bleaching earth is known as bleaching clay. The bleaching of the earth is an essential component of the oil industry since it is used to bleach, refine, and decolorize edible oil, vegetable oil, and even animal fat. The bleaching earth is made up of bentonite, attapulgite, and sepiolite, which are all clay minerals. Impurities such as gums, iron, pigments, oxidative products, and more are removed. Moreover, because it expands greatly when exposed to water, Bleaching Earth is known as swelling clay. The absorbent has a capacity of two to seven times its volume. These clays are treated with a mineral acid to improve their surface area and pore volume before washing, drying, and milling to get the desired particle size distribution.
Regions Covered to Evaluate Bleaching Earth Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting bleaching earth Price Trend:
Bleaching earth or bleaching clay is frequently used in the decolorizing and refining process of edible oils and fats. To absorb colouring components and dissolve hydro-peroxides, crude oil is bleached using natural or acid-activated clay minerals. Contaminants such as oxidation products, phosphatides, pigments, metals, and soaps can all be removed by bleaching clay.
In the mineral oil business, bleaching earth is used in huge amounts for refining and bleaching paraffin, wax, insulating oils, rolling oils, waste oils, lubricants, and greases. Other than this bleaching earth is also employed in various industrial production processes such as Iron ore palletizing, Detergents, Electrical earthing, and Pharmaceuticals. In the coming years, the growing number of health-conscious customers, rising population, and changing living standards are projected to drive up per capita use of vegetable oils in food applications in both developed and developing countries, potentially impacting bleaching earth prices.
Key Market Players:
- Ashapura Perfoclay Limited
- Global Bleach Chem Private Limited
- Oil-Dri Corporation of America
- Taiko Group of Companies
News and Events:
Oil-Dri Corporation of America announced a price increase for its product portfolio, which includes bleaching clay, agricultural, and fluid purification products, in July 2021. The increased costs were effective from August 15 and varied by about 7% depending on the product.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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