Press release
Expanded Perlite Market to achieve 3% CAGR by 2024 from Construction Application
Expanded Perlite Market
The product finds widespread applications in the sound & thermal insulation panels, masonry products and bricks. It is being increasingly used in green rooftops, which is a rapid mounting segment, which will consequently result in industry growth. In addition, the product is extensively finds it usage in foundries for furnace insulation.
Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/829
Expanded Perlite Market size is expected to reach USD 1.34 billion by 2024; according to a new research report by Global Market Insights, Inc. Escalating oil and gas sector will positively influence the expanded perlite market size by 2024. Increasing product application in process aid and filtration across water treatment, mining and drilling operations will stimulate the industry growth over forecast timeframe. It provides soil ventilation accompanied with thermal insulation in oil rigs. In 2013, there were roughly 15 thousand oil rigs globally and is estimated to reach 20 thousand over the forecast timeframe. This will positively impact on the business growth.
The product is broadly preferred element for soil used in the horticulture industry. It offers superior water holding characteristics making it desirable for horticulture. Horticulture is rising on account of increasing consumer demand for fruits & vegetables, decorative plants and seeds. Furthermore, horticulture yield accounted close to 22% to 26% of the overall food & animal products business. This will positively influence growth.
Expanded perlite is classified as safe for use its application in drinking water & beverages filtration owing to its inertness. It is extensively used for percolation in breweries, particularly beer, globally. In 2015, the beer production was nearly 190 gigalitres and is forecast to exceed 210 gigalitres by 2024 owing to boost expanded perlite market share. However, the industry growth is negatively impacted by product substitute threat by barite, polymeric foams and diatomaceous rock which may hamper industry growth.
Browse Complete Report Summary @
https://www.gminsights.com/industry-analysis/expanded-perlite-market
Global expanded perlite market size is projected to reach USD 1.34 billion by 2024, with estimated gains at 7.5% CAGR. Construction products is forecast to experience gains more than 3% CAGR by 2024. Robust growth in the construction industry along with increasing product use for concrete additives, cement mixture, masonry, boulders and bricks will drive the expanded perlite market size from 2016 to 2024.
In 2015, expanded perlite market share for fillers was worth close to USD 100 million. The product is used in toiletries formulations including soaps. It is used also in cinder blocks for pore filling and provides audio and thermal insulation. Asia Pacific, mainly led by India and China was dominant regional market in 2015. The regional growth was mainly due to escalating regional construction sector. For instance, in 2015, China’s construction business was close to 20% of the global industry. Furthermore, changing consumer lifestyles has resulted in increasing beer demand. This will stimulate industry growth.
In 2015, the global expanded perlite market share was moderately fragmented. Key industry players include Perlite-Hellas, Cornerstone Industrial, Aegean Perlites SA and Supreme Perlite Company.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Expanded Perlite Market to achieve 3% CAGR by 2024 from Construction Application here
News-ID: 1088170 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Perlite
Perlite Market to Eyewitness Massive Growth by 2030 | Bergama Mining Perlite, Ke …
Pro Market Reports published a new research publication on "Global Perlite Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Perlite market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of This Research…
Global Perlite Market Analysis, Size, Share, Growth, Trends, and Forecast 2023-2 …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Perlite market report by The Business Research Company, The growth in the perlite market is due to the increasing demand for mining in North America. Mining refers to the process of extracting useful materials from the earth. The majority of perlite is used in…
Perlite Market Gains Traction, Study revealed with key players Amol Minechem Ltd …
This Perlite Market report provides complete analysis of the market on global and regional level. It inspects the development rate and the market value dependent on the market elements and growth initiating factors. The market players are profiled and their improvement strategies are separated so as to manage new participants as well as set up players. It likewise features the top to bottom investigation of different unequivocal…
Expanded Perlite Market Revolutionary Opportunities | Aegean Perlites SA, Perlit …
Global Expanded Perlite Market: Overview
Perlite, an amorphous volcanic glass having high water content, is essentially formed from hydration of obsidian. It is found in volcanic regions and can expand significantly when heated. Expanded perlite is obtained after perlite processing and milling. Water molecules are released during the expansion process, resulting in the lowering of its density and weight. It has excellent insulation properties.
Global Expanded Perlite Market: Key Trends
At the forefront…
Perlite Market Growth and Business Demand for Manufacturers: Carolina Perlite Co …
Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions, application and type of the Perlite Market which is estimated to encounter substantial growth over the forecast period 2014 - 2023.
Competitive Insights:
The leading players in the market are Carolina Perlite Company, Gulf Perlite LLC, Aegean Perlites SA, Genper Group, Bergama Perlite, The Schundler Company and Supreme Perlite Company.
Browse Full Report @ https://www.crystalmarketresearch.com/report/perlite-market .
The Perlite Market…
Unexpanded Perlite Market 2018-2024 | key players Imerys SA, Cornerstone Industr …
Agricultural application claims the highest CAGR of over 3.7% during the forecast period boosting the unexpanded perlite market size. 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…
