Perlite Market Insights
By Application (Filtration & Process Aid, Construction Products, Horticultural & Agricultural, Industrial, Others), By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa), Vendor Landscape, End-Use Landscape, Vendor Landscape and Market Share & Competitive Landscape
The global perlite market is expected to grow at a significant CAGR of 8.32% over the forecast period. This growth is mainly attributed to rising demand for high temperature insulation by oil & gas industries coupled with its growing application in construction industries. Along with this, stringent regulations associated with filtration, agriculture and construction are also likely to boost the market growth over the coming years.
The inherent properties of perlite including light-weight, high mechanical strength and its ability to expand on heating makes it suitable for the manufacturing of certain products such as concrete, bricks, lightweight cement plasters, floor fills and insulation roof decks.
Perlite Market: Application Insights
The global perlite market is segmented into construction products, horticultural & agricultural, industrial, and filtration & process aid among others, on the basis of application. The construction product segment is anticipated to dominate the market over the forecast period owing to intrinsic properties of perlite including low density and cost which attributes to its increased application in manufacturing mortar, ceiling tiles, plasters and so on.
The horticulture & agriculture sector is also likely to grow at a healthy rate as it aids to reduce soil compaction and further improves the fertility of soil.
The air & liquid filtration segment is anticipated to grow significantly over the years as perlite is highly used in filtering viscous liquids to achieve high purity, flow rates and production.
Request for a sample copy of the Perlite Market report at: https://www.globalmarketestimates.com/perlite-market-size-analysis-forecasts/
Perlite Market: Regional Insights
Asia Pacific occupied the largest share of this market since the past few years. This can be attributed to presence of key manufacturers in this region. Along with this, the increasing infrastructural development in countries such as India, Japan and China are expected to boost the market growth over the forecast period.
North America and Europe are also expected to emerge as the key revenue generating regions. This can be associated with increasing demand for product by automotive and construction sectors. Moreover, growing agricultural sector in Europe is also likely to stimulate market growth over the next few years.
Perlite Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Perlite Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase perlite over the coming years. Some leading consumers of this market are Vinci, Parker Hannifin, Skanska, Bechtel, Bouygues Construction and Cummins Filtration.
Perlite Market: Market Share & Competitor Analysis
The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Aegean Perlite SA (Greece), Gulf Perlite LLC (Dubai), Supreme Perlite Company (The U.S.), Bergama Perlite (Turkey) and Carolina Perlite Company (The U.S.).
In October 2017, Sunrise Resources announced the discovery of new perlite deposit in Nevada. The deposit has a base diameter of approximately 400m and a height of up to 45m above the surrounding plain. The discovery of this deposit has provided the company with a competitive edge in exploration of deposits.
Check our annual research partnership service at: https://www.globalmarketestimates.com/annual-research-partnership-services/
No comments:
Post a Comment