Perlite Market Share 2022 Size, Global Industry Analysis, Trends, Growth, Challenges, Business Overview, Key Players and Forecast 2029

Perlite Market Overview:

Perlite is known to be a formless volcanic glass that happens naturally. It is shaped by the hydration of obsidian, when heated it expands 20 times and becomes porous. The high functional qualities of perlite including high strength, thermal insulation, water resistance, and non-inflammable make an extensive base for perlite in several industries.

The global Perlite market Size is likely to grow USD 2.64 billion by 2029, from USD 1.5 billion in 2020, at a CAGR of 6.5% during 2022-2029.

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Favorable developments in the horticulture sector are another aspect impacting business growth. The product is utilized as an element of growing mixes where soil is not utilized because it promotes aeration and optimal moisture preservation for proper plant development. The product is sterile, devoid of weeds, and has a pH of 7.0. It's also a good transporter for fertilizer, insecticides, and herbicides, as well as seed pelletizing. Horticulture items are in high demand all across the world. Horticulture is gaining popularity among farmers since it yields high returns in a short amount of time, which is likely to foster growth of the global expanded perlite market.

Perlite Market Key Players

The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players 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

Recent Development

In March 2021, Imerys stated that the company has produced and delivered around 3.3 tons 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 has 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, which was producing around 10 kilotons per annum of perlite crude ore.
In March 2021, Omya AG has announced the acquisition of Accimin, a perlite producer based in Mexico. Moreover, Accimin offers expanded perlite for filtration and horticulture applications. Thereby, the acquisition is likely to enhance the perlite business of Omya AG.
In October 2020, IMCD US and IMERYS Minerals expanded their distribution agreement. IMCD will now represent IMERYS Performance Minerals as its preferred distributor across the U.S. and Canada.
In June 2020, IMERYS Performance Minerals acquires Cornerstone Industrial Minerals Corp. The acquisition was done to strengthen its offering in the agriculture and horticulture markets.

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Perlite Market Segmentation:

Perlite Market by Type, 2020-2029, (USD Million), (Thousand Units)

Crude Perlite
Expanded Perlite
Crushed Perlite
Vapex Perlite
Others

Perlite Market by Application, 2020-2029, (USD Million), (Thousand Units)

Plaster
Mortar
Ceiling Tiles
Concrete
Others

Perlite Market by End User, 2020-2029, (USD Million), (Thousand Units)

Horticulture
Agriculture
Construction
Personal Care
Others

Growth Factors:

Increasing demand from the Perlite industries
The growing use of Perlite in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Perlite Market

Perlite Market Regional Analysis

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Perlite Market Trends

- The report identifies, determines, and forecasts the Global Perlite Market segments based on their type, sub-type, technology used, applications, end-users, and regions.

- Industry to Industry Holds Largest Share in the Perlite Market

- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.

- Demand from Regional / geographical is expected to drive the Growth

- Rising Adoption of Market Segments in the Perlite Growth

- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Perlite Market.

Frequently Asked Questions (FAQ):

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