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Perlite Market worth $1.9 billion by 2025

The global perlite market size is expected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. Perlite is used across applications, such as construction, horticulture & agriculture; industrial is the key end-use industry owing to the wide applications of this perlite. Browse 173 market data Tables and 43 Figures spread through 175 Pages and in-depth TOC on “Perlite Market by Form (Crude, Expanded), Application (Construction, Horticulture & Agriculture, Industrial), and Region (North America, APAC, Europe, South America, Middle East and Africa) – Global Forecast to 2025” View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/perlite-market-219145595.html The horticulture & agriculture segment is expected to register the highest CAGR in the global perlite market during the forecast period. Perlite has various beneficial properties of aeration and optimum moisture retention for the su...

Opportunity: Investment in R&D activities in Perlite Market

Growing concerns about the environment have increased demand for the environment-friendly and sustainable use of perlite. Perlite manufacturers are focusing on developing advanced perlite products that can be directly used in green buildings and be recycled and reused. Manufacturers are investing in R&D activities and technologies to develop sustainable perlite materials that are cost-effective and at the same time provide mechanical strength. Players in this market are investing in research & development activities due to the increasing demand for perlite and to withstand intense competition. This increased investment in R&D activities to develop ecological perlite materials will provide growth opportunities for the perlite market in the next five years. The global perlite market size is estimated to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. The market is projected to witness decent growth in the near futur...

Imerys Minerals (UK) and Keltech Energies (India) are the Key Players in the Perlite Market

The global perlite market size is estimated to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of perlite ranging from construction industry. Increasing demand from APAC will further drive the growth of the global perlite market. Asia Pacific accounted for the largest share of the Perlite market in 2020. Factors such as the rapidly increasing consumption of perlite in the intimate apparels and sportswear industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Perlite in the Asia Pacific region. To know about the assumptions considered for the study download the pdf brochure Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (England), Amol Dicalite (India), and other among others are the leading perlite manufacturers, globally. T...

Perlite Market- Robust growth in the building & construction industry in developing countries

The Perlite market size is expected to grow at a CAGR of 7.0%, by value, during the forecast period. The market is estimated to be USD 1.6 billion in 2020 and is projected to reach USD 2.0 billion by 2025. The driving factor for the Perlite market is its growing demand from the construction industry. It is expected that spending on capital projects and infrastructure will grow significantly over the next decade. China, India, and other countries in the Asia Pacific, along with South Africa and Brazil, are investing considerably in the building & construction industry. This investment is required for modernization and commercialization. Rapid urbanization in emerging markets such as India, Malaysia, Thailand, and Brazil are expected to boost the spending in vital infrastructure sectors such as power, construction, and transportation. Improving economic conditions in these emerging markets are projected to increase the use of perlite. Download PDF Brochure: https://www.marketsandma...

The Asia Pacific region accounted for the largest share of the perlite market

Perlite is a type of naturally occurring siliceous volcanic rock with a pearly luster formed by the cooling of molten lava. When it is heated to a suitable temperature, it expands 4–20 times of its original volume. This expansion is due to the presence of water in perlite, which when heated, gets vaporized to form tiny bubbles, thereby providing excellent insulation, lightweight, and durability properties. Hence, perlite finds application in construction, horticulture & agriculture, industrial, pharmaceuticals, food products, personal care products, and water treatment, among others. MarketsandMarkets projects that the  perlite market , in terms of value, will grow from USD 1.51 Billion in 2017 to USD 2.20 Billion by 2022, at a compound annual growth rate (CAGR) of 7.78%. The increase in demand for perlite from the construction and agriculture & horticulture sectors drives the growth of the perlite market. Know More:  https://www.marketsandmarkets.com/pdfdownload...