Advances in Construction Materials Will Drive Expanded Perlite Market
Expanded perlite is the processed form of perlite mineral. Perlite is a volcanic siliceous mineral with a glass-like appearance. End-products manufactured from expanded perlite are used in several industries including construction, automotive, horticulture, beverages, personal care, and chemicals.
Albany, NY -- (SBWire) -- 09/08/2015 --Market Research Reports Search Engine (MRRSE) has recently added a new market research report, titled ' 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' , to its huge collection of research reports.
The study report states that the perlite industry has constantly developed in the last 50 years and is expected to grow steadily in the coming years. Expanded perlite is a versatile commercial product that can be milled differently for specific applications. They are primarily used as a building block in the manufacture of insulating construction materials such as cinder blocks, bricks, boulders, cement mixtures, and thermal, structural, and audio insulation panels. The rising demand from the construction industry is mainly boosting the demand from the expanded perlite market around the world.
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This study report on the expanded perlite market provides a detailed description of the market based on volume share (kilo tons) and revenue (US$ Mn) for the 2015-2023 forecast period. It also provides information on the segments of this market detailed on the basis of key applications and geography. Detailed forecast for all segments for the 2015-2023 period has been provided separately for a better understanding of the overall market scenario.
Moreover, comprehensive value chain analysis and Porter's five forces model have been used to analyze the expanded perlite market. With the help of these analytical tools, users would understand the specifics of the industry structure, receive a complete view of the expanded perlite market, as well as understand the degree of competitiveness in the market. The report is a thorough guide to understanding the growth of the market in terms of opportunities and investments.
By applications, the study report details some of the key areas of industry that utilize expanded perlite on a large scale. The global expanded perlite market is expected to be driven by the increasing demand for construction products, horticultural aggregates, and filtration and process aid applications. These products are estimated to increase in demand considerably, especially in emerging countries, owing to the rapid expansion of the construction and horticulture industries.
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In addition, specialty applications such as personal care applications are promising future prospects for the expanded perlite market. Growth of these applications is expected to drive the global market in the near future. However, availability of substitutes to expanded perlite is likely to hamper growth of the market during the forecast period.
By geography, the market is divided into the following regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). Each region is further segmented into countries that are considered to be the main markets for expanded perlite.
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