Press release
Expanded Perlite Market : Pin-Point Analysis For Changing Competitive Dynamics
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.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.
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Robust growth in construction industry in the past few years is analyzed to be the major factor pushing the global expanded perlite market size by 2024. In 2015, the construction business generated revenue at over USD 8 trillion and is projected to exceed USD 13 trillion over the forecast timeframe.
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.
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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.
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.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Expanded perlite industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
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Chapter 3. Expanded Perlite Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Robust growth in construction industry
3.4.1.2. Increasing product demand for oil & gas filtration & drilling activities
3.4.1.2. Growing horticulture business
3.4.2. Industry pitfalls & challenges
3.4.2.1. Substitute threat from diatomaceous rock, barite and polymeric foams
3.5. Growth potential analysis
3.6. Porter's analysis
3.7. Competitive landscape, 2015
3.7.1. Strategy dashboard
3.8. PESTEL analysis
3.9. Raw material price trends
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https://www.gminsights.com/industry-analysis/expanded-perlite-market
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.
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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: www.gminsights.com
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