Expanded Perlite Market- Global Industry Analysis and Forecast 2015-2023
An upward swing in the construction industry in several developing
countries and the subsequent demand for ancillary materials will also
benefit the global expanded perlite market, says Transparency Market
Research (TMR) in a recent study. The report, titled ‘Expanded
Perlite Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023,’ reveals that the
global market for expanded perlite will log a CAGR of 7.3% from 2015
through 2023. In 2012, the expanded perlite market stood at US$676.7
mn. Increasing consumption of expanded perlite in filtration
operations in the oil and gas industry as well its use in
horticulture will help the global expanded perlite market rise to
US$1.2 bn by the end of 2023.
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Another factor that will have a palpable impact on growth trajectory
of the expanded perlite market will be the new growth avenues that
the beer industry is currently enjoying in regions that have not
traditionally been copious consumers of beer. However, manufacturers
and suppliers of expanded perlite will have to brave with an
unavoidable headwind in the form the many substitutes that threaten
to eat into the revenue of the market. Although this restraint will
not deal too severe a blow to the global expanded perlite market,
players can further soften the impact of the same by focusing on
emerging applications of expanded perlite in premium personal care
products and other specialty products. The report studies the
market’s raw material supply chain, which ensures that the expanded
perlite market remains on the growth track.
The regional markets studied in the report are Europe, North America,
Asia Pacific, Middle East and Africa, and Latin America. The report
studies the market for expanded perlite in key countries within each
of these aforementioned regions. In 2014, Asia Pacific accounted for
over 30% of the global perlite market, in volume terms. The region
will continue to register the fastest rate of growth in the coming
years, which also means that no other region will replace Asia
Pacific as the largest consumer of expanded perlite in the near
future. From the competitive standpoint, the global expanded perlite
market faces the lack of a solid, consolidated structure at the
global level as it is mostly composed of regional players that serve
their local market. This pattern has emerged over time as it is
cheaper to transport crude perlite as compared to expanded perlite;
the former needs to be put through a fairly simple expansion process
that can be done in-house by buyers of crude perlite. Players
profiled in the global expanded perlite market are: Imerys SA, Aegean
Perlites SA, Silbrico Corporation, Cornerstone Industrial Minerals
Company, P.V.P. Industries Inc., The Schundler Company, and Keltech
Energies Ltd.
The global expanded perlite market is studied on the basis of
applications and regions. By application, the market is segmented
into construction products, fillers, filtration and process aids,
horticulture aggregates, and other applications. The construction
products sector consumed the highest volumes of expanded perlite in
2014. The consumption of expanded perlite in the horticulture
industry accounted for over 12% of the global consumption in 2014.
However, the demand for expanded perlite will rise robustly in the
manufacture of filtration and process aids, making this segment
especially lucrative for the market in the near future.
Browse
the full Expanded Perlite Market for Construction Products, Fillers,
Horticultural Aggregates, Filtration & Process Aids and Other
Applications - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023 report at
http://www.transparencymarketresearch.com/expanded-perlite-market.htm
The
report segments the global expanded perlite market as follows:
Expanded Perlite Market & Application Analysis
Construction products
Fillers
Horticultural aggregates
Filtration & process aids
Others (miscellaneous consumer and industrial products, etc.)
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