The latest report by IMARC Group, titled “Perlite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global perlite market size reached US$ 1.42 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.06 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
Perlite is a naturally occurring volcanic glass that expands significantly when heated at high temperatures. It is a lightweight, porous, and inert material that finds diverse applications in gardening, construction, and industrial processes. The formation of perlite begins when volcanic glass, such as obsidian, is subjected to intense heat, causing it to expand and form bubbles. This expansion process results in a white or light gray material with a unique structure of tiny, sealed air pockets. In horticulture, perlite is commonly used as a soil amendment to improve aeration and drainage in potting mixes. Its lightweight and porous nature prevents soil compaction, enhances root development, and reduces the risk of overwatering. In the construction industry, perlite is utilized as an aggregate in lightweight concrete and plaster, contributing to the reduction of overall weight while maintaining good insulation properties. At present, perlite finds extensive applications in various industries in the filtration of liquids and gases and the production of fire-resistant materials and insulation products across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/perlite-market/requestsample
Perlite Market Trends and Drivers:
The global perlite market is primarily driven by the rising demand for lightweight and thermally insulating materials in the construction industry. Perlite is used in various construction applications, including lightweight concrete and plaster. Apart from this, the expanding horticultural and agriculture sectors have accelerated the adoption of perlite as a soil conditioner and growing medium owing to its excellent aeration and moisture retention properties, thereby fostering market growth. Moreover, the increasing role of perlite in the manufacturing of fire-resistant materials, such as fireproof boards and fireproof safes, has augmented its demand in fire safety applications. Additionally, the rising use of perlite in the metallurgical industry due to its insulating properties in foundry and steel casting processes is another major growth-inducing factor. Besides this, the increasing use of perlite in filtration and water treatment applications has strengthened the need for efficient and cost-effective filtration solutions, which has expanded its market reach and catalyzed the market growth. Furthermore, the rising utilization of perlite in well-cementing operations owing to the rapid expansion of the oil and gas sector is contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Form Insights:
- Expanded Perlite
- Crude Perlite
Application Insights:
- Construction
- Agriculture and Horticulture
- Industrial
- Filtration and Process Aid
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Aegean Perlites SA
- Ausperl Pty Ltd.
- Bergama Madencilik Insaat Makine Perlit Sanayi ve Ticaret A.S. (Cullas Group)
- Carolina Perlite Company Inc.
- Dupré Minerals Limited
- Genper Expanded Perlite Industry Business Co.
- Gulf Perlite LLC.
- Imerys S.A.
- Keltech Energies Limited
- Profiltra B.V.
- Saudi Perlite Industries
- Supreme Perlite Company
- Termolita S.A.P.I of C.V. (Omya)
- The Schundler Company
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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