Perlite Industry Overview
Demand for perlite in various applications has been showing an upward trend. The Global Perlite Industry is expected to grow at a CAGR of 6.85% and reach a valuation of USD 2,250 Mn over the forecast period of 2018-2027, asserts Market Research Future (MRFR) in a minutely analyzed research report. The Global Perlite Industry stood at USD 1,512 Mn in 2017.
Expanded Perlite is used across the globe as a component of soil-less growing mixtures since assists in moisture retention for plant growth. Its neutral pH value and the characteristics of being weed-free and sterile makes it more attractive to home gardeners and commercial growers. They are also used in greenhouse plantation.
The most diverse ranging applications for perlite is that in industrial applications. It is used as filter media for pharmaceuticals, chemicals, and food products. In the packaging industry, perlite is used for packaging of flammable materials. Other uses include abrasive in soaps, cleaners, and polishes.
The Global Perlite Industry might be met by few factors which might restrict its growth over the forecast period. Adverse health effects of perlite might pose a negative impact on the growth of the Global Perlite Industry. Perlite is associated with respiratory problems caused due to minute particles present in them. Perlite dust is also a nuisance as it may cause temporary physical irritation, impaired visibility, and discomfort. Meanwhile, increasing inclination towards green buildings and raising awareness regarding sustainable construction methods are expected to provide growth opportunities to the Global Perlite Industry.
Perlite Industry Competitive Landscape:
Dupré Minerals (UK), Imerys Performance Additives (France), Supreme Perlite Company (US), IPM Group of Companies (Turkey), Genper Group (Turkey), The Schundler Company (US), Amol Dicalite Limited (India), Keltech Energies Ltd (India), Bergama Mining Perlite (Turkey), and Whittemore Company (US) are the eminent players in the Global Perlite Industry.
Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/reports/perlite-market-6718
