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, as per the recent study by MarketsandMarkets™. The growth of the construction and industrial applications plays a key role in driving the perlite market. Increasing demand from APAC will further drive the growth of the global perlite market.
Browse in-depth TOC on “Perlite Market”
173 - Market Data Tables
43 – Figures
175 - Pages
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List of Key Players in Perlite Market:
Imerys Minerals (UK)
Keltech Energies (India)
Dupré Minerals (England)
Amol Dicalite (India)
Drivers, Opportunities and Challenges in Perlite Market:
Drivers: Robust growth in the building & construction industry in developing countries.
Restraint: Restrictions on the use of refractories due to growing environmental concerns
Opportunity: Investment in R&D activities
Challenge: Hazardous effects of perlite
Key Findings of the Study:
The horticulture & agriculture segment is expected to register the highest CAGR in the global perlite market during the forecast period.
APAC is expected to hold the largest market share in the global perlite market during the forecast period.
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Perlite manufacturers are the most important players in the value chain as they produce and provide various as players it a vital role in various end use applications based on their required properties. The end-use applications such as construction, industrial, horticulture & agriculture has high demand of perlite.
Construction is the largest market of perlite, with a 43.5% share, globally. China, India, and other countries in the Asia Pacific, along with South Africa and Brazil, are investing considerably in the building & construction industry. Emerging economies have also been focusing on rapid industrialization over the last few decades. Countries such as India, Indonesia, South Africa, Brazil, and Argentina are transforming their economies from being agricultural based to manufacturing and other industries.
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Perlite is expected to witness high demand from the agriculture and horticulture sectors owing to its wide range of properties that are beneficial to plants. These include the ability to retain moisture, oxygen, and nutrients and make them readily available to plants. Expanded perlite ensures even watering throughout the growing area. Using perlite in horticulture also eliminates the need for fertilizers and pesticides or any other additional measures to improve and maintain soil quality.
Imerys Minerals (UK) is the largest player in the market. In October 2020, IMCD US and IMERYS Minerals expanded their distribution agreement. IMCD will now represent IMERYS Performance Minerals as its preferred distributor across the U.S. and Canada.
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 26)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 PERLITE MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 LIMITATIONS
1.8 SUMMARY OF CHANGES MADE IN THE REVAMPED VERSION
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2 RESEARCH METHODOLOGY (Page No. - 30)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY-SIDE ANALYSIS
FIGURE 3 MARKET NUMBER ESTIMATION
2.2.2 MARKET NUMBER ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 38)
FIGURE 7 EXPANDED PERLITE FORM TO DOMINATE THE MARKET THROUGH THE FORECAST PERIOD
FIGURE 8 HORTICULTURE & AGRICULTURE TO BE THE FASTEST-GROWING APPLICATION DURING THE FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 40)
4.1 ATTRACTIVE OPPORTUNITIES IN THE PERLITE MARKET
FIGURE 9 INCREASING DEMAND FOR CONSTRUCTION OFFERS GROWTH OPPORTUNITIES IN THE PERLITE MARKET
4.2 PERLITE MARKET, BY APPLICATION
FIGURE 10 INDUSTRIAL TO BE THE SECOND-LARGEST APPLICATION IN THE PERLITE MARKET
4.3 PERLITE MARKET, BY FORM AND REGION, 2019
FIGURE 11 EXPANDED FORM AND ASIA PACIFIC ACCOUNTED FOR LARGEST SHARES
4.4 PERLITE MARKET, BY REGION
FIGURE 12 PERLITE MARKET IN ASIA PACIFIC TO GROW AT THE HIGHEST CAGR
5 MARKET OVERVIEW (Page No. - 42)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES, IN THE PERLITE MARKET
5.2.1 DRIVERS
Continued...
