Transparency Market Research Report Added "Expanded Perlite Market" to its database.
Albany, NY -- (SBWIRE) -- 04/15/2015 -- Expanded perlite is prepared from perlite ore. Perlite is produced from amorphous alumino-silicate rock which contains water, which expands into steam after heating, producing a foamed structure. Depending on the nature of ore, expanded perlite can be classified into two types, expanded unmilled perlite (EUP) and expanded milled perlite (EMP). Expanded unmilled perlite (EUP) is used in applications such as cryogenic insulation, hydroponics, lightweight aggregates and textured coatings. On the other hand, expanded milled perlite (EMP) is used in application and end-user industries such as construction, horticulture, industrial applications, personal care and foundry. In the construction industry, perlite is used for applications such as chimney linings, under-floor insulation, gypsum boards, paint texturing, ceiling tiles, roof insulation boards and as an aggregate in concrete. The 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 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, expanded perlite is also used in different foundry applications. The growing demand for expanded perlite from such a diverse range of applications across the globe is expected to drive the global expanded perlite market in the next six years.
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Asia Pacific is expected to be the fastest growing market for expanded perlite in the next few years. The major reason for this is the growing demand for expanded perlite in developing Asian countries such as India, China, Malaysia, Indonesia and Thailand. Additionally, the increased demand for personal care products from middle class population in developing countries which is growing at an extensive rate is eventually resulting in an increase in the overall customer base. Furthermore, the rapid economic development of these countries and augmented disposable income of the citizens of these countries has led to further escalation of the total customer base in these countries for applications in a wide variety of cosmetics products. There is a massive market potential for cosmetics industry in the countries such as India, China, Indonesia, Thailand and Brazil. Moreover, countries like Brazil and Qatar are hosting giant events such as Olympics and FIFA world Cup in the next few years and are developing numerous state-of-the-art stadiums and other infrastructure for those events. Owing to this, the demand for construction related products is expected to grow at a notable rate in the next few years. This will eventually generate a huge demand for expanded perlite in these emerging nations. The rapidly growing construction and infrastructure industries across the globe, especially in the emergent countries, are anticipated to drive the global magnesium phosphate cement market in the next few years. In addition to this, the developed regions across the U.S. and European countries are progressively recovering from the sluggish economic conditions. Considering this outlook, the demand for construction related products is expected to record an outstanding growth in the next few years. The major players operating in the personal care and construction industry are primarily focusing on the developing countries for tapping their vast market potential. These companies are installing huge production facilities in the developing countries to fulfill the quickly rising demand for expanded perlite. Therefore, the global expanded perlite market is projected to experience a significant growth in the next six years.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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