Global Perlite Market: Overview
Perlite market has encountered significant growth over recent years and is projected to grow tremendously over the forecast period 2019-2025. The growth of this market is attributed to numerous characteristics such as high insulation, acoustic property, lightweight concrete, fire-resistant, and excellent water retention qualities. With the rising application in the construction sector, increasing demand for high-temperature insulation from the oil & gas sector and growing construction activities in developing economies are likely to boost the market. Large-scale investment in infrastructure and agricultural sector by various countries' government is estimated to trigger the demand of perlite across the globe.
Perlite is used for making bricks, insulation roof decks, concrete, lightweight cement plasters, and floor fills. Perlite finds application in several industry verticals like agriculture & horticulture, construction, and others which drive the growth of the Global Perlite Market. The global construction spending coupled with the implementation of strict building safety rules and standards is leading to rising utilized of perlite in soundproofing & fireproofing walls and doors. Positive growth indicators in the construction industry are attributed to the growing urban population, rising industrialization, and huge investments in the construction sector. Lack of awareness regarding perlite and its benefits, along with unstable costs of raw materials might restrain the demand for perlite.
Global Perlite Market: Form Analysis
On the basis of form, the global perlite market is segmented into Expanded Perlite and Crude Perlite. Expanded perlite segment holds the largest market share of the entire perlite market over the forecast period owing to high insulation, acoustic & exceptional water retention, and greater water density properties. It has a high water density which is beneficial for the healthy growth of plants and henceforth witnesses a high demand from the horticultural sector. Additionally, increasing use of expanded perlite in constructional products like sub-floor heating insulation, lightweight plaster aggregate, roofing shakes, ceiling tiles, mortars & grouts, chimney flue relining, other is anticipated to intensify the growth of expanded perlite market in near future.
Global Perlite Market: Application Insights
Based on the application, the perlite market is bifurcated into Construction, Agriculture & Horticulture, and Industrial. Among them, the construction segment dominates the global perlite market in terms of revenue; owing to the increasing demand for durable, lightweight, and efficient raw materials in the construction industry is anticipated to drive market growth over the forecast timeline. The rising public and private investments in the construction sector of the developing economies of Asia Pacific, the Middle East, and South America boost the market growth. In horticulture & agriculture, the mineral is employed to avert soil compaction on account of its high penetrability. Also used in industrial mineral in numerous construction & building products, like ceiling tiles, insulation, mortar, concrete, and lightweight plasters, on account of its low cost and low density.
Global Perlite Market: Regional Analysis
Geographically, the perlite market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific is the leading region of the perlite industry during the forecast period 2019-2025. Countries like China, India and, Japan are the leading economies that contribute to the growth of the market in the region. The rise in the demand for perlite can be largely attributed to the growing infrastructure, increasing disposable income and development in the building & construction industries. Additionally, the rising government investments in infrastructural constructions such as the Hong Kong-Zhuhai-Macao Bridge, Navi Mumbai International Airport, Hyderabad Metro Rail, and Japan's maglev High-Speed Rail are anticipated to boost the demand in the construction industry in the region.
Objective of the Study:
To analyze and forecast the market size of the global perlite market in terms of value and volume
To examine the careful market segmentation and forecast the market size, in terms value, on the basis of the region by segmenting perlite market into five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa and their leading countries.
To outline, categorized and forecast the global perlite market on the basis of form, and application.
To examine competitive developments like technological advancement, services, and regulative framework within the global perlite market.
To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Global Perlite Market: Competitive Landscape
Companies such as Imerys Minerals, Keltech Energies, Dupre Minerals, Amol Dicalite, IPM Group of Companies, Bergama Mining Perlite, Supreme Perlite Company, Genper Group, The Schundler Company, and Whittemore Company are the leading players of perlite market across the globe.
Key Target Audience:
Market research and consulting firms
Research organizations and consulting companies
Organizations, associations and alliances related to perlite market
Scope of the Report
Agriculture & Horticulture
In addition, the report provides analysis of the perlite market with respect to the following geographic segments and their high performing regions:
Middle East & Africa
Business Questions answer by the report
How will the market drivers, restraints and opportunities affect the market dynamics?
What will be the market size in terms of value and volume and market statistics with detailed classification?
Which segment dominates the market or region and one will be the fastest growing and why?
A comprehensive survey of the competitive landscape and the market participant players
Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority. And that's why we offers customization according to Company's specific needs. The following customization options are available for the report:
Additional Company Information
With five additional company detail analysis.
Additional country analysis.
Detailed segment analysis.