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Study Report has released a new research study on Unexpanded Perlite market
Analysis 2018-2024 inclusive of one or more factors covering regional
opportunities, application landscape, product demand trends, and end-use
portfolio of the industry over the forecast timeframe. The report also outlines
the competitive framework of the Unexpanded Perlite industry detailing the SWOT
analysis and market share dominance of the prominent players.
Unexpanded
Perlite market is forecast to exceed USD 11 million; according to a new
research report.
Extensive
sandblasting activities ongoing in the middle-east countries due to the
increase in oil and gas activities in the region is expected to propel the
unexpanded perlite market by 2024. For example, in Bahrain Sitra oil refinery
is going through an expansion and upgradation process which incurs an
investment of over USD 4 billion. The upgradation began in 2012, to expand its
production of 267,000 barrels per day to 360,000 barrels per day. In Iraq, the
Basrah Gas Project is being implemented to develop the gas obtained from three
oil fields in Iraq: West Qurna, Rumaila, and Zubair. These three fields produce
a total of 1 billion cubic feet per day. The expansion operation aims to use
these gasses and turn it into electricity which would generate roughly 4.5 GW
of electricity per day, enough to supply around three million homes with
electricity. The aforementioned oil and gas operations would surely incur
numerous sandblasting processes for cleaning and refining which would
positively drive the raw perlite market in the near future.
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Main
raw perlite market players are Imerys, Cornerstone Industries, Gulf Perlite,
Schundler Co., Perlite-Hellas, PVP Inc., Hess Perlite, Midwest Perlite and
Dicalite Inc. Major competitors are engrossed in creating strategic ventures
with medium or small players and is investing heavily in R & D processes and
perlite extraction for the creation of new products such as ImerCare which is a
perlite scrub products launched in 2016 by Imerys to widen its product range.
Presence
of several substitutes for crude perlite such as dicalite, polymeric foams,
etc. may prove to be a hindrance for the unexpanded perlite market. Perlite ore
contains very minute particles that can cause breathing ailments. This may
impede the raw perlite market by 2024. Although, rising perlite applications as
slag coagulant and sand casters would generate colossal prospects for the
unexpanded perlite market in the projected timeframe. Perlite is even popular
for its filtration processes in the liquor industries, but it is used after the
crude perlite is expanded. Therefore, it would increase the extraction of crude
perlite owing to the demand from perlite expanders during the forecast
timespan.
Agricultural
application claims the highest CAGR of over 3.7% during the forecast period
boosting the unexpanded perlite market. Crude perlite has its most extensive
application in the agriculture sector due to its use as the soil improver. Its
water absorbing properties reduces the cost of watering and energy spend for
watering which benefits the market and the environment as well since it helps
in the preservation of water. Its excellent aeration properties and neutral PH
helps in increasing the life span of the plant and the quality of the soil.
Escalating demand for raw perlite in the agricultural activities is propelling
the raw perlite market during the forecast timeframe.
North
America generated more than USD 340 thousand in 2016 for slag coagulant
applications for the unexpanded perlite market. The U.S. generates the highest
number of shale gas in the world. It produced over 3,000 thousand barrels per
day in 2016 and this trend is believed to rise constantly which would directly
boost the unexpanded perlite market. Above all, the U.S. shale industry boom
has propelled the product demand for its application as slag coagulant in the
shale oil & gas recovery and processing sector.
Unexpanded
perlite research report includes in-depth coverage of the industry, with
estimates & forecast in terms of volume in tons and revenue in USD thousand
from 2013 to 2024, for the following segments:
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Unexpanded
perlite market by application
o
Slag Coagulant
o
Sandblasting
o
Agriculture
o
Casting sand & mixtures
o
Others
Report Content
Chapter
1. Methodology And Scope
Chapter
2. Executive Summary
Chapter
3. Unexpanded Perlite Industry Insights
Chapter
4. Unexpanded Perlite Market, By Application
Chapter
6. Company Profiles
6.1.
Imerys SA
6.2. Perlite-Hellas
6.3. Cornerstone Industrial Minerals Corporation
6.4. The Schundler Company
6.5. Gulf Perlite LLC
6.6. Midwest Perlite, Inc.
6.7. Perlite Vermiculite Packaging Industries Inc.
(PVP)
6.8. Hess Perlite
6.9. Dicalite Management Group
6.10. Pratley Perlite Mining
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