Perlite Market Share 2023: Emerging Trends, Key Drivers, Growth Strategy and Opportunity Forecast – 2025
What is Perlite?
Perlite is a naturally occurring volcanic glass that is mined and processed for use in a variety of applications, including construction, horticulture, and industrial processing. It is formed when obsidian, a type of volcanic glass, is subjected to high heat and pressure. When it is heated to a high temperature, the water trapped within the glass expands, causing the glass to puff...
Imerys Minerals (UK) and Keltech Energies (India) are the Key Players in the Perlite Market
The global perlite market size is estimated to grow from USD 1.6 billion in 2020 to USD 2.0 billion by 2025, at a CAGR of 7.0% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of perlite ranging from construction industry.
Asia Pacific accounted for the largest share of the Perlite market...