Perlite Market worth $1.9 billion by 2025

(IT-NEWSWIRE.COM, March 02, 2021 ) The report "Perlite Market by Form (Crude, Expanded), Application (Construction, Horticulture & Agriculture, Industrial), and Region (North America, APAC, Europe, South America, Middle East and Africa) - Global Forecast to 2025" The global perlite market size is expected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. Perlite is used across applications, such as construction, horticulture & agriculture; industrial is the key end-use industry owing to the wide applications of this perlite.

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The horticulture & agriculture segment is expected to register the highest CAGR in the global perlite market during the forecast period.

Perlite has various beneficial properties of aeration and optimum moisture retention for the superior growth of plants. When perlite is used in the green roofing system, it is considered as the only growing medium for plants on roofs. This has become a popular trend nowadays, as it offers unique sustainability to insulate the roof and also further add foliage to the surface. Other benefits of perlite in agriculture & horticulture are its neutral pH property and as it is sterile and weed-free.The horticulture & agriculture segment is the fastest segment of the global perlite market with a CAGR of 7.0%, in terms of value.

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Browse in-depth TOC on "Perlite Market”
173 - Market Data Tables
43 - Figures
175 - Pages

APAC is expected to hold the largest market share in the global perlite market during the forecast period.

Asia Pacific accounted for the largest share of the Perlite market in 2020. Factors such as the rapidly increasing consumption of perlite in the intimate apparels and sportswear industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Perlite in the Asia Pacific region.

Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (England), Amol Dicalite (India), and other players are the leading perlite manufacturers globally.

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Perlite Market worth $1.9 billion by 2025