Expanded Perlite Market Size, Share, Growth, Trends, and Forecast 2030

The global Expanded Perlite market size was evaluated at $1,508.99 Million in 2022 and is slated to hit $2,305.64 Million by the end of 2030 with a CAGR of nearly 6.64% between 2023 and 2030.

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Global Expanded Perlite Market: Overview

Perlite is formed from the hydration of the obsidian. It is an amorphous volcanic glass whose water content which is high. The perlite is mainly found in the volcanic regions and it expands significantly when heated. After processing and milling of the perlite expanded perlite are obtained. During the expansion process, the water molecules are released which lowers its weight and density. Expanded perlite has exceptional insulation properties.

Global Expanded Perlite Market: Growth Factors

The prime factor that is driving the expanded perlite market globally is the wide increase in the construction activities across the globe, especially in the developing countries. The demand for the ancillary materials has increased which in turn has increased the demand for the expanded perlite. The other factor that is contributing to the market growth is the increasing horticulture activities which use expanded perlite as an after ingredient in order to formulate the soil aggregates due to the increased water retention properties. The other application segment where the expanded perlite is used is in the beer industry. They find their application in the breweries. For the purpose of sound proofing applications and thermal application, perlite can be supplanted by the materials such as diatomaceous rock, polymeric foams, and barite.

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Expanded Perlite Market: Report Scope

Global Expanded Perlite Market: Segmentation

The global expanded perlite market is segmented into its applications and regions. On the basis of application, the global market is segregated into fillers, filtration & process aids, construction products, horticultural aggregates, and others. Region-wise, the global expanded perlite market is diversified into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

Global Expanded Perlite Market: Regional Analysis

The region that is dominating the expanded perlite market is the North America region. The country that holds the largest market share in the North American region is the US. The factor that contributes to this growth is the presence of the major consumers and producers in the region. Rise in the shale gas production in the country of the US has triggered the market growth. The other region that is growing fast at a significant pace is Asia Pacific region. The major contributors in the Asia Pacific region are Japan, India, and China which is owing to the factor that the construction industry has grown considerably. The demand for the expanded perlite is high in the application areas such as horticulture, personal care applications, construction products, and filtration in the Asia Pacific region. The construction products segment is anticipated to fuel the market growth in the Middle East and Africa region. The increasing construction activities in Dubai, Saudi Arabia, and Qatar have contributed to the market growth in the MEA region.

Global Expanded Perlite Market: Competitive Players

The major market players in the expanded perlite market include

• Termolita
• Schundler Company
• Supreme Perlite Company
• Perlite-Hellas
• Gulf
• Perlite LLC
• Cornerstone Industrial Minerals
• Keltech Energies
• Imerys SA
• Silbrico Corporation
• Aegean Perlites SA
• and Cornerstone Industrial Minerals

Global Expanded Perlite Market: Segment Analysis

By Test Types

• Coarse
• Medium
• and Fine

By Applications

• Construction products
• Fillers
• Horticultural aggregate
• Filtration & process aid

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.