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Perlite Market Research Report By Form (Expanded Perlite and Crude Perlite), Application (Construction, Agriculture & Horticulture, Industrial, others) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Forecast to 2030

ID: MRFR/CnM/5255-HCR | 100 Pages | Author: Priya Nagrale| April 2024

Perlite Market Overview

The perlite market is poised to grow at a CAGR of approximately 6.85% over the forecast period of 2022-2030. The Perlite Market stood at USD 1,726.24 in 2022 and is slated to reach a valuation of USD 2,932.90 Mn by the end of 2030. Perlite is an amorphous volcanic glass that expands and becomes porous when heated naturally. When heated, perlite swells 20 times its initial volume, making it unique among volcanic glasses. It's utilized as an aggregate in lightweight insulating concrete and plaster in masonry blocks as a loose-fill insulating material, and in applications, such as chimney fills acoustical sprays and interstitial flooring. Because it is a lightweight material with economic benefits in building & construction, expanded perlite aggregate (EPA) is utilized as a heat and sound insulator.

Perlite is used in a variety of industries, including agriculture and horticulture, construction, and others, fueling market expansion. The construction industry's rapid growth, particularly in residential construction, is likely to boost the market growth. Perlite's high functional qualities make it ideal for a wide range of uses. Perlite is utilized in the building industry for fire ratings, noise reduction, insulation, under-floor insulation, paint texturing, gypsum boards, and other purposes.

Report Overview

This MRFR report provides a thorough analysis of the prime factors determining the growth of the Global Perlite Market in the regions of North America, Europe, Asia Pacific, South America, and the Middle East & Africa. It also focuses on the revenue size of significant players in the market along with the strategies adopted by them for expansion. The report covers the application of perlite in construction, agriculture & horticulture, and others. Revenue analysis based on different forms of perlite has also been provided as a part of the research.

Players Covered

Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others.

Research Methodology

At MRFR, primary emphasis is laid down on data accuracy to present a comprehensive view of the market and its various components. Both primary and secondary research methods are implemented to provide an in-depth analysis of current and historical trends of the market. Primary data mining includes interactions with top-level decision makers in the relevant field while secondary data collection uses credible sources to verify the data collected through primary means. The top-down and bottom-up approaches are deployed for the estimation of market size and ensure the reliability of the information provided.

Recent Development

The distribution arrangement between IMCD US and IMERYS Minerals has been expanded. The distribution agreement between IMERYS, a world leader in mineral-based specialty solutions for industry, and IMCD, a major distributor of specialty chemicals and ingredients, has been expanded. IMERYS Performance Minerals will now be represented by IMCD as its Preferred Distributor in the United States and Canada. Customers will benefit from IMERYS' extensive specialized minerals range, which will be backed by IMCD's technical competence and local market experience.

Following its chairman's recent tour to the United States, Sunrise Resources provided an update to the market on its CS Natural Pozzolan-Perlite Project, saying that talks had been held with several parties, including existing and new interested parties. Two cement and ready-mix firms, one significant fly-ash distributor, a "large" building materials company, and a new cement clean-tech startup were among the parties, according to the AIM-listed firm.In January 2022, Mineral Technologies launched a new product called Perlite Gold. Perlite Gold is a high-quality perlite that is ideal for a variety of applications, including horticulture, agriculture, and construction. It is lightweight and has excellent drainage properties.

Segmental Analysis

By Form

Expanded PerliteCrude Perlite

By Application

ConstructionAgriculture & HorticultureIndustrialOthers

By Region

North America Europe Asia PacificThe Middle East & AfricaSouth America

Report Attribute/Metric Details
  Market Size   USD 2,932.90 Mn
  CAGR   CAGR of 6.85% (2021-2030)
  Base Year   2021
  Forecast Period   2021 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Form, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   Acceleration in the growth of the construction industry, especially in residential construction

Frequently Asked Questions (FAQ) :

Perlite Market is predicted to grow at 6.85% through forecast period of 2021-2030.

The forecast period for Perlite Market research report is 2021-2030.

Perlite Market is dominated by North America region.

The major players are Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others

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