Perlite Market Global Industry Share, Growth, Competitive Analysis and Forecast - 2025

Perlite market is expected to grow at a considerable rate during the forecast period 2019-2025. Perlite is a natural volcanic gas that inflates the particle around 20-30 times to its usual shape, in presence of heat at around 900°C. The water content within the raw perlite vaporizes and creates a glass bubble, which bids beneficial properties to perlite such as lightweight and good insulation. Perlite is available in two forms in the market that include crude perlite and expanded perlite. The expanded perlite is used in various applications such as wall insulation, lightweight insulating boards, and cryogenic insulation, among others. Moreover, it offers soil ventilation and drainage improvement properties in the agriculture sector.

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Some of the market players operating in the global perlite market include Aegean Perlites SA, Amol Dicalite Ltd., Bergama Mining Perlite Inc., Calgon Carbon Corp., Dupré Minerals Ltd., Dicalite Management Group, Inc., and Keltech Energies Ltd., among others.

Increasing adoption of perlite in the agriculture and horticulture industry, mainly in the production of tomato is significantly stimulating the growth of the global perlite market. There are various regulatory bodies that have provided safety certification to the companies for the use of perlite in food production, which includes the Environmental Management System and the US Food and Drug Administration (US FDA). Moreover, the investment made in R&D activities by the government organizations has escalated the use of perlite in filtration and processing industry, which is likely to propel the market growth in the near future.

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The global perlite market is further analyzed and segmented on the basis of regions into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific contributed the largest share in the global perlite market in 2018 and is projected to retain its position during the forecast period. Rising industrialization and urbanization have augmented the growth of the construction industry in the region, in turn, reflects a major factor for the dominance of Asia-Pacific in the perlite market. Moreover, the region explores in sand casting and slag coagulant applications, which is likely to trigger the growth of the market in the Asia-Pacific in the near future. These companies adopt various strategies such as geographical expansion, merger & acquisition, partnership & collaborations, finding a new market or innovations in their core competency in order to stay competitive in the market.

Market Segmentation

Global Perlite Market by Type

• Crude Perlite
• Expanded Perlite

Global Perlite Market by End-User

• Agriculture & Horticulture
• Construction
• Industrial
• Others (Food & Chemical Industry)

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