DUBLIN, March 21, 2018 /PRNewswire/ --
The "Perlite Market by Form (Expanded Perlite and Crude Perlite), Application (Construction, Agriculture & Horticulture, and Industrial), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Perlite Market is estimated to be USD 1.51 billion in 2017 and is projected to grow at a CAGR of 7.78% to reach USD 2.2 billion by 2022.
The perlite market is expected to witness high growth as a result of the rapid urbanization, large-scale investments in the building & construction sector, and the rising number of construction activities in emerging economies.
This report has been segmented on the basis of form, application, and region. The industrial sector is projected to be the fastest-growing segment in the perlite market during the forecast period. Expanded perlite finds diverse applications in the industrial sector, ranging from high-performance fillers for plastics to cement; as a filtering agent for petroleum, water, and geothermal wells; and for cryogenic insulation that requires insulation for extremely low to medium and high temperature including insulating concrete, refractory bricks, and underfloor insulation. Safety certifications from regulatory authorities present opportunities for manufacturers to strengthen their position in the perlite market, in order to maintain the quality and performance standards of perlite.
In terms of value, the expanded perlite segment is projected to grow at a higher CAGR during the forecast period. This growth can be attributed to factors such as introducing high strength to concrete with less water content and easy workability. Expanded perlite finds applications in several industries including agriculture & horticulture, construction, industrial, and food & beverages.
Currently, the Asia Pacific region is the largest consumer of perlite products. China, the US, and Germany are among the major markets of perlite. The Asia Pacific perlite market is projected to register the highest CAGR during the forecast period. The rising number of infrastructural activities as well as the large population in China and India drive the growth of the Asia Pacific perlite market. Additionally, other emerging economies such as South Africa and countries in the Middle East and South America are experiencing high demand for construction. The rapid urbanization in these countries demands faster and cheaper construction of buildings and facilities without compromising on the quality. Additionally, the increasing number of government investments in infrastructural constructions provide the potential for the growth of the perlite market in these countries.
Factors such weak economic conditions in many European countries as the aftermath of the financial recession of 2008-2012, fluctuating costs of raw materials, and infrastructure in developing countries might restrict the growth of the market.
The global perlite market is dominated by players such as Imerys Minerals (UK), Keltech Energies (India), Dupr Minerals (UK), Amol Dicalite (India), IPM Group of Companies (Philippines), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Genper Group (Turkey), The Schundler Company (US), and Whittemore Company (US). These players adopted acquisitions and expansions as the key growth strategies to expand their presence in the perlite market.
Market Dynamics
Drivers
- Robust Growth in the Building & Construction Industry in Developing Countries
- Rising Demand From Horticulture and Agriculture Sectors
- Increasing Use of Perlite in Filtration and as a Processing Aid
- Superior Functional Properties of Expanded Perlite
Opportunities
- Investment in R&D Activities
- Safety Certification From Regulatory Authorities
Challenges
- Hazardous Effects of Perlite
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries By Company Type, Designation, and Region
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Market Share Estimation
2.5 Research Assumptions & Limitations
2.5.1 Assumptions
2.5.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Perlite Market
4.2 Perlite Market, By Form
4.3 Perlite Market, By Application
4.5 Perlite Market: Regional Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Opportunities
5.2.3 Challenges
6 Production Process
7 Perlite Market, By Form
7.1 Introduction
7.2 Crude
7.3 Expanded
8 Perlite Market, By Application
8.1 Introduction
8.2 Construction
8.3 Horticulture & Agriculture
8.4 Industrial
9 Perlite Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Italy
9.3.4 UK
9.3.5 Russia
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia
9.4.5 Rest of Asia Pacific
9.5 Middle East & Africa (MEA)
9.5.1 Turkey
9.5.2 UAE
9.5.3 Saudi Arabia
9.5.4 South Africa
9.5.5 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America
10 Competitive Landscape
10.1 Overview
10.2 Market Ranking of Key Players
10.2.1 Imerys Minerals
10.2.2 IPM Group of Companies
10.2.3 Dupr Minerals
10.2.4 Aegean Perlite
10.2.5 Amol Dicalite
10.3 Competitive Scenario
10.3.1 Expansions
10.3.2 Acquisitions
11 Company Profiles
11.1 Introduction
11.2 Imerys Minerals
11.3 Keltech Energies
11.4 Dupr Minerals
11.5 Amol Dicalite
11.6 IPM Group of Companies
11.7 Bergama Mining Perlite
11.8 Supreme Perlite Company
11.9 Genper Group
11.10 The Schundler Company
11.11 Whittemore Company
11.12 Additional Company Profiles
11.12.1 Aegean Perlite Sa
11.12.2 Winkelmann Mineraria Srl
11.12.3 Nordisk Perlite
11.12.4 United Perlite Corporation
11.12.5 Saudi Perlite Industries
11.12.6 Midwest Perlite Inc.
11.12.7 Cornerstone Industrial Minerals Corporation
11.12.8 Gulf Perlite LLC
11.12.9 Cornerstone Industrial Minerals Corporation
11.12.10 Perlite-Hellas
11.12.11 Carolina Perlite Company
11.12.12 EP Minerals
For more information about this report visit https://www.researchandmarkets.com/research/t7jfvl/global_perlite?w=5
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