Global Perlite Market Size, Trends & Analysis – Forecasts to 2026 By Form (Crude, Expanded), By Application (Construction, Industrial, Agriculture & Horticulture, Others), By Region (North America, Europe, Asia Pacific, CSA, MEA); Vendor Landscape, End User Landscape and Company Market Share & Competitor Analysis
Global Perlite Market Insights
The global perlite market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing number of construction activities and the rise in the demand for high-temperature insulation from the oil & gas sector are some of the major factors driving the perlite market growth. Increasing use of perlites, such as eco-roofing, wastewater filtration, and soil filtration, is expected to fuel the market growth during the forecast period. However, stringent environmental norms by the government and volatile prices of raw materials are likely to hamper the market growth during the forecast period.
Perlite Market: By Form
On the basis of form, the global perlite market is segmented into crude and expanded. The expanded segment is expected to grow at the highest CAGR in terms of value during the forecast period. A significant rise in construction activities in developing countries such as India, China, and Mexico is expected to create a healthy growth opportunity for perlite manufacturers. The increasing demand for ancillary material is one of the major factors expected to drive the perlite market. Furthermore, increased demand for lightweight, durable, and lightweight materials are expected to boost the market for perlite.
Perlite Market: By Application
On the basis of application, the perlite market is segmented into construction, agriculture & horticulture, and industrial, among others. The construction industry is estimated to account for the largest market share, in terms of revenue during the forecast period. The growth of the market is expected to reflect positively, particularly in residential construction. Agriculture & horticulture is estimated to grow at the highest CAGR between 2019 and 2026. Improving economic conditions in countries such as India and China is stimulating the demand for residential, and commercial spaces as well.
Perlite Market: By Region
On the basis of region, the market for perlite is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America is expected to hold the largest market share in 2019. Growing industrial activities in the region are propelling the market growth. The Asia Pacific region is expected to grow at a high CAGR during the forecast period. Growing consumer spending on construction activities in emerging countries including China, India, Japan, South Korea, and Singapore among others is propelling the market growth in the region.
Perlite Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Granite Construction Company, Projeco contracting LLC, and Eurovia among others.
Perlite Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the Perlite market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Company Market Share & Competitor Analysis
Some of the key players operating in the Perlite market are Imerys Minerals, Keltech Energies, Dupré Minerals, Amol Dicalite, IPM Group of Companies, Bergama Mining Perlite, Supreme Perlite Company, Genper Group, The Schundler Company, Whittemore Company, Aegean Perlite Sa, Winkelmann Mineraria Srl, Nordisk Perlite, United Perlite Corporation, Saudi Perlite Industries, Midwest Perlite Inc., Cornerstone Industrial Minerals Corporation, Gulf Perlite LLC, Cornerstone Industrial Minerals Corporation, Perlite-Hellas, Carolina Perlite Company, and EP Minerals among others.
In March 2018, U.S. Silica signed an agreement to acquire EP Minerals for USD 70 million. EP Minerals is engaged in offering perlite, clay, and specialty mineral products for metals & mining company.
The global Perlite Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Perlite Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies.
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- Known and unknown adjacencies impacting the market
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- Identification of revenue pockets by analysing largest and fastest growing segments and regions
- Key dynamics affecting market growth
- Analysis of key players in the market and the key strategies adopted by them to sustain their market position
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