Perlite is a type of volcanic glass that is processed into a lightweight and porous material used in various industries. The perlite industry involves mining and processing of perlite to produce various products, including insulation materials, horticultural products, filter aids, and construction materials.
perlite industry scope is quite extensive, as perlite is used in a variety of applications. In the construction industry, perlite is used as an aggregate in lightweight concrete, plaster, and masonry. It is also used as an insulation material for roofs, walls, and floors.
In the horticultural industry, perlite is used as a soil amendment to improve aeration and drainage. It is also used as a growing medium for plants in hydroponics and container gardening. Additionally, perlite is used as a filter aid in various industries, such as pharmaceuticals, food processing, and water treatment.
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Perlite Market Trending Key Players
Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (England), Amol Dicalite (India), and other players are the leading perlite manufacturers globally.
Imerys Minerals (UK) is the largest player in the market. In October 2020, IMCD US and IMERYS Minerals expanded their distribution agreement. IMCD will now represent IMERYS Performance Minerals as its preferred distributor across the U.S. and Canada.
“The horticulture & agriculture segment is expected to register the highest CAGR in the global perlite market”
The horticulture and agriculture segment is expected to register the highest compound annual growth rate (CAGR) in the global perlite market. This is due to the increasing demand for perlite as a soil amendment and growing medium for plants. Perlite provides excellent aeration, drainage, and water retention properties to soil, which helps in improving plant growth and yield.
Moreover, the use of perlite in hydroponics and container gardening is gaining popularity due to its lightweight, sterile, and reusable properties. This has further increased the demand for perlite in the horticulture and agriculture segment.
“crude perlite segments in perlite market”
Crude perlite is the raw perlite material obtained from mining and can be further classified into two segments: unexpanded and expanded crude perlite.
Unexpanded crude perlite is perlite in its natural state after it has been mined from the ground. It is primarily used as an abrasive in different industries, including construction, foundries, and refractories. Unexpanded crude perlite is also used as a lightweight filler in various products, such as paints, coatings, and plastics.
Expanded crude perlite is produced by heating unexpanded crude perlite at high temperatures to produce a lightweight and porous material with excellent insulation and soundproofing properties. Expanded crude perlite is further processed into different products, including construction materials, horticultural products, filter aids, and industrial materials.
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“APAC is expected to hold the largest market share in the global perlite market during the forecast period”
The Asia-Pacific (APAC) region is expected to hold the largest market share in the global perlite market during the forecast period. This is due to the increasing demand for perlite in various industries, including construction, horticulture and agriculture, and filtration, among others.
The growing population and urbanization in the APAC region have resulted in increased demand for lightweight and sustainable construction materials, which has further boosted the demand for perlite. Additionally, the region’s expanding horticulture and agriculture sector is driving the demand for perlite as a soil amendment and growing medium for plants.
China, India, and Japan are the major contributors to the growth of the perlite market in the APAC region. China is the largest producer and consumer of perlite in the world, driven by its expanding construction industry and the government’s focus on green buildings. India is also witnessing significant growth in the construction and horticulture industries, leading to increased demand for perlite.
