Perlite Market Size To Reach Usd 2.64 Billion By 2029 Increasing Demand For Perlite From Agriculture Sector Is Driving Global Perlite Market Growth X Herald

(MENAFN- Ameliorate Digital Consultancy) perlite market size is expected to grow from usd 1.5 billion in 2022 to usd 2.64 billion by 2029, anticipated to witness moderate growth during 2023-2029 with a cagr 6.5%.

Perlite Market

Perlite Market 2023 is a comprehensive study accumulated to provide the latest information on acute market features. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price and other substantial factors. While emphasizing the key driving and restraining forces for this Perlite market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The Perlite market research study's goal is to conduct a thorough investigation of the market to learn more about it and its potential for growth. This gives the client a thorough understanding of the industry and business from past, present, and future perspectives, helping them to deploy resources and make sensible financial decisions.

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Perlite Market Dynamics
  • Growth Drivers

Robust growth in the building & construction industry in developing countries drives the market growth

Expanded perlite is used in a variety of products in the personal care industry as it is inert and environmentally friendly. Therefore, it is useful for both cosmetic and food-grade products. Expanded perlite is used as an abrasive in cosmetics such as soaps, facial cleansers, scrubs, and shower gels. It is also used in dental care products such as toothpaste. This product is a component of soil-free growing mixes, providing aeration and adequate water retention for excellent plant growth. This product is sterile, weed-free, and pH neutral.

  • Restraints

Restrictions on the use of refractory due to growing environmental concerns hamper the market growth

Alternatives such as vermiculite, cellulose, wood chips, and peat are available for various uses in the horticultural sector. These substitutes threaten the global market and could impede growth during the forecast period.

Some Key Competitors of the Market are –

Aegean Perlites SA, IMERYS, Bergama Mineral Perlite, Cornerstone Industrial Minerals Corporation, Saudi Perlite Industries, Azer Perlite Corporation, Profiltra BV, Coxmin Minerals Ltd, Mianeh Perlite Expanding Co. Ltd, Keltech Energies Ltd, Dupré Minerals and others.

Perlite Market Recent Developments

  • In March 2021, Imerys stated that it had produced and delivered around 3.3 ton of cryogenic perlite for safeguarding bottles of medicinal oxygen at the right temperature during the COVID-19 pandemic. The company produces cryogenic perlite at its Paulínia plant based in Brazil.
  • In January 2021, Blue Pacific Minerals announced plans to sell its perlite extraction and processing division, as the company wants to focus more on its zeolite business. The company has perlite mines in Tokoroa of New Zealand, producing around 10 kiloton per annum of perlite crude ore.
  • In March 2021, Omya AG announced the acquisition of Accimin, a perlite producer based in Mexico. Accimin offers expanded perlite for filtration and horticulture applications. The acquisition is likely to enhance Omya Ag's perlite business.
Perlite Market Segmentation:

Perlite Market by Type, 2023-2029, (USD Million), (Thousand Units)

  • Crude Perlite
  • Expanded Perlite
  • Crushed Perlite
  • Vapex Perlite

Perlite Market by Application, 2023-2029, (USD Million), (Thousand Units)

  • Plaster
  • Mortar
  • Ceiling Tiles
  • Concrete
  • Others

Perlite Market by End User, 2023-2029, (USD Million), (Thousand Units)

  • Horticulture
  • Agriculture
  • Construction
  • Personal Care
  • Others
The Global version of Perlite Market Analysis by Regions –

– North America (the USA, Canada, and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)

– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)

– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Several of the marketplace statistics taken into account in the analysis include the ones that follow:

Market size:

  • The study offers an overview of the market's size in terms of sales or value. The size and possibilities of the Perlite market are better understood by stakeholders thanks to this data.

The growth rate of the market:

  • The analysis examines the market's past and future growth rates. The market's growth track and potential futures are revealed by this statistic.

Trends in the market:

  • The research identifies and examines the current trends in the Perlite Technological developments, governmental reforms, consumer preferences, and business tactics may all be part of this trend.

Market fluctuations:

  • The report looks at the major factors that are affecting the market, including opportunities, challenges, and restraints. This statistical analysis aids in stakeholders' decision-making by assisting them in understanding market dynamics.

Industry forecast:

  • Based on prior performance data and current market trends, the research forecasts the market's future performance. This statistical projection aids players in evaluating the market's potential and developing appropriate strategies.

Analysis of the competition:

  • The study provides statistical information on the market share, earnings, and rate of expansion of the major competitors in the Perlite This study enables participants to assess their standing in the market and appreciate the competitive context.
Table of Contents:
  • Introduction of the Global Perlite Market
    – Overview of the Market
    – Scope of Report
    – Assumptions
  • Executive Summary
  • Research Methodology of Exactitude Consultancy
    – Data Mining
    – Validation
    – Primary Interviews
    – List of Data Sources
  • Global Perlite Market Outlook
    – Overview
    – Market Dynamics
    – Drivers
    – Restraints
    – Opportunities
    – Porters Five Force Model
    – Value Chain Analysis
  • Global Perlite Market, By Product
  • Global Perlite Market, By Application
  • Global Perlite Market, By Geography
    – North America
    – Europe
    – Asia Pacific
    – Rest of the World
  • Perlite Manufacturing Cost Analysis
  • Global Perlite Market Competitive Landscape
    – Overview
    – Company Market Ranking
    – Key Development Strategies
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Company Profiles
  • Appendix

    To be continued.....

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