Perlite Market Size, Application Report

Perlite Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1493

Global perlite market is expected to witness growth owing to increasing government expenditure on infrastructure development over the projected period. In addition, numerous applications of perlite including temperature insulation, absorbent, filtration and forming are expected to aid market growth in the upcoming years. However, availability of substitutes such as vermiculite, pumice, diatomite, shale and clay is likely to hamper demand for perlite over the next seven years.

The construction segment has been dominating the perlite market over the past few years and trend is expected to continue over the forecast period owing to its numerous applications including roof decking, concrete floor fill, cavity wall installations, filler in wallboards and concrete blocks. In addition construction is also expected to be the fastest growing segment for perlite on account of government initiatives for the improvement of infrastructure in developed as well as emerging countries. Industrial applications of perlite include high performance fillers for plastics, cement for water, petroleum, and geothermal wells and as a filter media for food products, chemicals, pharmaceuticals and water for swimming pools and municipal systems. In the horticulture industry, perlite is used as a component of soil-less mixes which provide optimum moisture retention and aeration for better plant growth. In personal care industry, perlite is used in applications such as soaps, toothpaste, cleaners and polishes. Moreover, due to high heat resistance and insulating properties of perlite, it is also used in different foundry applications. Perlite also finds applications in the oil & gas industry in oil well cementing and low-density mud which is pumped into the well. In addition, it also finds use as abrasives in soaps, cleansers, wash wheels and discs and as fillers in paints, plastics, explosives and packing. Hence growing demand for perlite across various end-use industries is expected to drive its market over the projected period.

In 2012, perlite accounted for major market share owing to its high demand in the construction industry. Asia Pacific is expected to be the fastest growing market for perlite in over the next seven years. Rapid economic development in developing economies particularly India and China coupled with growing disposable income of the consumers is expected to further escalate demand for perlite over the forecast period. In addition expanding construction industry in Latin American countries including Brazil is anticipated to propel perlite demand. Major players operating in the personal care and construction industry primarily focus on expanding their presence in untapped markets. Hence perlite market is projected to witness significant growth over the next seven years.

Major perlite manufacturing countries include Greece, U.S., China, Turkey and Japan. Key companies that produce perlite include Aegean Perlites, Bergama Perlite, Supreme Perlite Co., Schundler, Saudi Perlite Ind., Carolina Perlite Co., Gulf Perlite, Genper Group and Silbrico Hodgkins.

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