The global expanded perlite market is anticipated to grow significantly at a CAGR of 5.8% over the forecast period (2021-2027). The key aspect that drives the growth of the global expanded perlite market includes increased demand for perlite from various industries. Due to its low density and relatively low price, many commercial applications for perlite have developed. With the emergence of new industries, the need for industrial construction is also likely to enhance, which thus is creating scope for perlite. Increased spending on capital projects and infrastructure in economies such as China, India, South Africa, and Brazil, among others for modernization are primarily driving the growth of the market.
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Besides, there are very few companies across the globe producing this unique industrial mineral, with just China and New Zealand as the key country sources in the Asia-Pacific region. Further, the presence of the key players significantly contributes to the growth of the Expanded Perlite market. Players such as Akshar Exim Co. Pvt. Ltd., Asia Mines and Minerals Development Co., Dicalite Management Group, Inc., Gulf Perlite LLC, Hess Perlite, Imerys Group, Keltech Energies Ltd., and Turk Perlite among others substantially contribute to the market growth.
Market Coverage
· Market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered- By End-Users
· Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
· Competitive Landscape- Akshar Exim Co. Pvt. Ltd., Asia Mines and Minerals Development Co., Dicalite Management Group, Inc., Gulf Perlite LLC, Hess Perlite, Imerys Group, Keltech Energies Ltd., and Turk Perlite among others
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How has COVID-19 impacted the market?
· Deviation from the pre-COVID-19 forecast
· Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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Global Expanded Perlite Market – Segmentation
By End-Users
· Agriculture & Horticulture
· Construction
· Industrial
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
