The Global Market for Expanded Perlite is Projected to Reach 3.9 Million Metric Tons by 2022

Stable Construction, Horticulture & Industrial Applications to Drive Growth in the Global Perlite Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Perlite market. The global market for Expanded Perlite is projected to reach 3.9 million metric tons by 2022, driven by stable application opportunities in the construction, horticulture, and industrial sectors.

Perlite is a naturally occurring siliceous rock, a volcanic glass formed due to obsidian’s hydration. Number of other glasses is formed due to the effect of volcanoes, but Perlite is different from the rest as it significantly expands when heated until a particular temperature, referred to as the softening range. At that point, Perlite is capable of expanding between 4-20 times form its original volume. The expansion capability of Perlite is due to its water content. Upon heating, the water containing crude rock expands just as how a kernel of corn pops, and increases in volume upon heating. The U.S. is one of the largest global producers as well as consumers of Perlite, both in expanded and crude forms. Several states in the west of the U.S. have large Perlite deposits. Other countries with large deposits of crude Perlite and which also produce huge volumes of expanded Perlite include Italy, Greece, Philippines, Turkey, Mexico and China. There are currently few Perlite deposits worldwide, with all the desired expansion characteristics. Major deposits are present in the U.S., Turkey, Greece and South America. Perlite ore from mines in these countries are supplied to a number of Perlite expansion facilities that have been established across the European continent and in other countries. The mines in South America, Turkey and the U.S. have been identified as having ore with the required natural purity.

The unique properties such as superior sound and thermal insulation, durability, low bulk density through climate changes, and fire resistance make expanded Perlite highly useful for the construction sector. With major applications in lightweight concretes and mortar for substrates, expanded perlite is used as a substitute for gravel or sand in fire-retardant and lightweight insulating concretes. As an extremely versatile material, Expanded Perlite could be milled differently to suit various insulating applications including cinder blocks, cement mixtures, bricks, boulders, and thermal, audio, and structural insulation panels in the construction sector. Currently, the construction sector is the largest consumer of expanded Perlite. Use of Perlite in cement production ensures replacement of 40% of the harmful and environment deteriorating effects during cement production. In addition, Perlite reacts chemically with lime and produces a dense and impermeable concrete.

Perlite is used in horticulture across the world, in the form of an important component of soil-less growth mixes especially in genetically modified crops. In these mixes, Perlite offers the required optimum-moisture retention and aeration properties which aid in accelerated growth of plants. Perlite saves 50-80% water along with aiding the growth of plant root systems in agriculture and horticulture industries. Perlite also helps in creating a barrier, thereby helping retain moisture in soil, reducing run-off and helping in drawing water uphill. It also acts as a high-grade fertilizer and insecticide. The material’s light weight characteristic makes it suitable for container growing of house plants and non-commercial plants.

As stated by the new market research report on Perlite, Asia-Pacific represents the largest as well as the fastest growing regional market with a CAGR of 4.8% over the analysis period led by growing investments in infrastructure development projects, spurt in smart city initiatives and rapid urbanization and industrialization.

Key players covered in the report include Aegean Perlites SA, Australian Perlite Pty Ltd., Bergama Mining Construction Machinery Perlite Industry & Trade Inc., Blue Pacific Minerals, Carolina Perlite Company, Cornerstone Industrial Minerals Corp., Dicalite® Dicaperl® Minerals, Corp., EaglePicher Minerals, LLC., Genper Group, Gulf Perlite LLC, Imerys Filtration Minerals Inc., IPM Iperlit Mining & Construction Limited Company, Keltech Energies Limited, Kunshan Kyung Dong Ceratech Co., Ltd., Perlite Canada, Inc., Perlite Vermiculite Packaging Industries, Inc., Perlitsan Endüstriyel Hammaddeler Ve Madencilik A.Ş., Pertas Metal Perlite & Natural Stones, Ltd., Pull Rhenen B.V., Saudi Perlite Industries, Silbrico Corp., Supreme Perlite Company, TERMOLITA S.A.P.I de C.V, The Schundler Company, US Asia-Pacific Minerals, Inc., Uzay Perlit Madencilik Kimya Maddeleri San. VE TİC.LTD.ŞTİ., and William Cox Minerals, among others.

The research report titled "Perlite: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. Key end-use applications analyzed in the report include Construction, Horticulture, Industrial, and Others (includes Laundries, Absorbents, and Paint texturizers among others).

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