Global Perlite Market was valued at US$ 1.45 Bn in 2019 and is expected to reach US$ 2.60 Bn by 2026, at a CAGR of 7.57% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Perlite Market
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Perlite is designed from the hydration of the obsidian. It is a formless volcanic glass whose water content is high. The perlite is mostly found in volcanic regions, and it increases considerably when heated.
Growing horticulture activities that use expanded perlite after ingredient in order to prepare the soil aggregates owing to the enlarged water retention properties are expected to boom the global perlite market. Growing urban population, rapid industrialization, and large-scale investments in the construction sector are expected to drive the global perlite market.
An increase in the disposable income of the middle-class population in developing countries and shifting preferences in terms of construction methods are growing with the support of advanced construction materials and technologies, which is expected to lead the perlite market. Furthermore, a lack of awareness concerning perlite and its benefits, along with fluctuation in costs of raw materials are limiting the growth in the global perlite market.
The objective of the report is to present a comprehensive assessment of the global perlite market and contains considerate insights, facts, historical data, industry-validated market data, and projections with an appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by material, type, end-user, and region and, projects the global market size.
The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global perlite market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Global Perlite Market Segment Analysis:
The construction segment is expected to share substantial growth in the global perlite market during the forecast period. The increasing demand for durable, lightweight, and efficient raw materials in the construction industry is anticipated to boost the perlite market during the forecast period.
The expanded perlite segment is projected to grow at a high rate of CAGR during the forecast period. Expanded perlite is chemically torpid, non-toxic, and isolates against thermal, electric, and audio conduction. This perlite offers benefits such as it is widely used in the formulation of personal care products such as soaps and scrubs. This is also expected to increase their demand during the forecast period. It also delivers numerous properties includes high insulation, acoustic properties, and excellent water retention. Expanded perlite is used in the preparation of boulders, cement mixture, concrete additives, masonry, and bricks.
Global Perlite Market Regional Analysis:
North America is estimated to share significant growth in the global perlite market. The US country, which holds a large market share in the perlite market in this region. The factor that subsidies to this growth are the existence of the major consumers and key players in the region. An upsurge in shale gas production in the country of the US has produced market growth.
Furthermore, Asia Pacific is projected to dominate the global perlite market. The dominant position in the market can be attributed to the construction industry has grown significantly. The requirement for the expanded perlite is high in the application areas like horticulture, personal care applications, construction products, and filtration in the Asia Pacific region. Large-scale government investments in the building construction sector in the region are expected to boost the growth in the global perlite market.
Global Perlite Market, Key Highlights:
• Global Perlite Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Perlite Market
• Global Perlite Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Perlite Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Perlite Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Perlite Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
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Global Perlite Market
Global Perlite Market : Key Players
• Imerys Minerals
• Keltech Energies
• Dupré Minerals
• Amol Dicalite
• IPM Group of Companies
• Bergama Mining Perlite
• Supreme Perlite Company
• Genper Group
• The Schundler Company
• Gulf Perlite LLC
• Carolina Perlite Company
• Bublon GmbH
• Whittemore Company
• Aegean perlite SA
• Nordisk perlite
• United Perlite Corporation
• Saudi Perlite industries
• Midwest Perlite Inc.
• Cornerstone Industrial
• Minerals Corporation
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