Perlite Market to Hit 7.78% CAGR to 2022 Led by “Growth in the Building & Construction Industry in Developing Countries”
Expanded perlite segment dominated perlite market in 2016 and is projected to grow at a higher rate during forecast period. Major factor driving growth of market is large-scale government investments in building & construction sector in region.
Pune, India – March 30, 2018 /MarketersMedia/ —
The perlite report aims at estimating the market size and future growth potential of the perlite market across different segments, such as form, application, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, high growth opportunities, and industry-specific challenges).
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The perlite market was valued at USD 1.42 Billion in 2016 and is projected to reach USD 2.20 Billion by 2022, at a CAGR of 7.78%. The base year considered for the study is 2016 and the market size is projected from 2017 to 2022. The study also analyzes the opportunities in the market for stakeholders and details of the competitive landscape for the market leaders.
Competitive Landscape
1 Overview
2 Market Ranking of Key Players
3 Imerys Minerals
4 IPM Group of Companies
5 Dupré Minerals
6 Aegean Perlite
7 Amol Dicalite
8 Competitive Scenario
Premium Insights
1 Attractive Opportunities in the Perlite Market
2 Perlite Market, By Form
3 Perlite Market, By Application
5 Perlite Market: Regional Snapshot
Research methodology used to estimate & forecast perlite market begins with capturing data on key vendor revenues through secondary research & associations like European Perlite Association, China Perlite Associations, & Perlite institute. Vendor offerings were also taken into consideration to determine market segmentation. A bottom-up procedure was employed to arrive at overall size of perlite market from revenue of key players.
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The Asia Pacific market is projected to be the fastest-growing during the forecast period. The major factor driving the growth of the market is the large-scale government investments in the building & construction sector in the region. Additionally, the increasing population and rising income accelerate the per capita spending on construction.
Key Target audience
• Raw material producers
• Perlite traders/distributers/suppliers
• Local governments
• Environmental protection bodies
• Market research and consulting firms
• Regulatory bodies
• Research organizations
• Association and industry bodies
• End-use industries
Currently, Asia Pacific region is largest consumer of perlite products. China, US, and Germany are among major markets of perlite. Asia Pacific perlite market projected to register highest CAGR during forecast period. Rising number of infrastructural activities & large population in China and India drive growth of Asia Pacific perlite market. Additionally, other emerging economies such as South Africa and countries in the Middle East and South America are experiencing high demand for construction.
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Research Coverage
The segmentation considered for this report is based on form, application, and region that constitute the key markets. On the basis of form, expanded perlite held a larger share. Factors such as ongoing infrastructural construction activities in emerging economies and rise in the number of new building constructions, globally, are expected to drive the demand for perlite during the forecast period.
On the basis of application, this market has been categorized into construction, horticulture & agriculture, and industrial. The construction segment is projected to grow at the highest CAGR during the forecast period.
Contact Info:
Name: Hrishikesh Patwardhan
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Source: MarketersMedia
Release ID: 323201
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