Expanded Perlite Market size worth $1.34 billion by 2024 - PowerPoint PPT Presentation

About This Presentation
Title:

Expanded Perlite Market size worth $1.34 billion by 2024

Description:

Expanded Perlite Market size was valued at USD 710.4 million in 2015 and is forecast to experience gains exceeding 7.3% CAGR by 2024. Global expanded perlite market size is positively influenced by robust growth in the construction industry in the recent years. In 2015, the global expanded perlite market share was moderately fragmented. Key industry players include Perlite-Hellas, Cornerstone Industrial, Aegean Perlites SA and Supreme Perlite Company. – PowerPoint PPT presentation

Number of Views:40

less

Transcript and Presenter's Notes

Title: Expanded Perlite Market size worth $1.34 billion by 2024


1
Expanded Perlite Market Size, Share and Forecast
2016-2024
Market size USD 710.4 million in 2015 Market
size Projected USD 1.34 billion by 2024 Gain
rate expected 7.3 CAGR
2
Global Market Scenario of Expanded Perlite
Industry
  • Expanded Perlite Market size is expected to
    reach USD 1.34 billion by 2024 according to a
    new research report by Global Market Insights,
    Inc.
  • Robust growth in construction industry in the
    past few years is analyzed to be the major factor
    pushing the global expanded perlite market size
    by 2024. In 2015, the construction business
    generated revenue at over USD 8 trillion and is
    projected to exceed USD 13 trillion over the
    forecast timeframe.
  • The product finds widespread applications in the
    sound thermal insulation panels, masonry
    products and bricks. It is being increasingly
    used in green rooftops, which is a rapid mounting
    segment, which will consequently result in
    industry growth. In addition, the product is
    extensively finds it usage in foundries for
    furnace insulation.
  • Escalating oil and gas sector will positively
    influence the expanded perlite market size by
    2024. Increasing product application in process
    aid and filtration across water treatment, mining
    and drilling operations will stimulate the
    industry growth over forecast timeframe.

3
Latest Research Report On Expanded Perlite
Market_at_ https//www.gminsights.com/industry-analys
is/expanded-perlite-market
Continue.....
  • It provides soil ventilation accompanied with
    thermal insulation in oil rigs. In 2013, there
    were roughly 15 thousand oil rigs globally and is
    estimated to reach 20 thousand over the forecast
    timeframe. This will positively impact on the
    business growth.
  • The product is broadly preferred element for soil
    used in the horticulture industry. It offers
    superior water holding characteristics making it
    desirable for horticulture. Horticulture is
    rising on account of increasing consumer demand
    for fruits vegetables, decorative plants and
    seeds. Furthermore, horticulture yield accounted
    close to 22 to 26 of the overall food animal
    products business. This will positively influence
    growth.
  • Expanded perlite is classified as safe for use
    its application in drinking water beverages
    filtration owing to its inertness. It is
    extensively used for percolation in breweries,
    particularly beer, globally. In 2015, the beer
    production was nearly 190 gigalitres and is
    forecast to exceed 210 gigalitres by 2024 owing
    to boost expanded perlite market share. However,
    the industry growth is negatively impacted by
    product substitute threat by barite, polymeric
    foams and diatomaceous rock which may hamper
    industry growth.

4

Request Sample Report Pages_at_ https//www.gminsigh
ts.com/request-sample/detail/829
5
360 Analysis
Request for customization https//www.gminsights.
com/roc/829
Product Analysis- Expanded perlite is obtained
after perlite processing and milling. Perlite is
a volcanic siliceous mineral found abundantly in
volcanic regions. It is an inert glass-like rock
equipped with extremely beneficial insulation
properties. Construction products is forecast
to experience gains more than 3 CAGR by 2024.
Robust growth in the construction industry along
with increasing product use for concrete
additives, cement mixture, masonry, boulders and
bricks will drive the expanded perlite market
size from 2016 to 2024. When crude perlite is
heated, it expands from 7 to 20 times its
original volume. Expansion occurs with release of
water molecules from the core of the mineral,
causing reduction in density and weight of the
mineral. However, factors such as availability
of the product substitutes for most applications
is projected to hamper market growth during the
forecast timeframe.

6
Regional Analysis Global expanded perlite
market size is projected to reach USD 1.34
billion by 2024, with estimated gains at 7.5
CAGR. Asia Pacific, mainly led by India and
China was dominant regional market in 2015. The
regional growth was mainly due to escalating
regional construction sector. For instance, in
2015, Chinas construction business was close to
20 of the global industry. Furthermore, changing
consumer lifestyles has resulted in increasing
beer demand. This will stimulate industry
growth. Inquire More About This
Report_at_ https//www.gminsights.com/inquiry-before-
buying/829 Competitive Analysis In 2015, the
global expanded perlite market share was
moderately fragmented. Key industry players
include Perlite-Hellas, Cornerstone Industrial,
Aegean Perlites SA and Supreme Perlite
Company. Other prominent industry participants
are Perlite Vermiculite, Keltech Energies,
Cornerstone Industrial Minerals and The Schundler
Company.
7

Latest Research Report On Expanded Perlite
Market_at_ https//www.gminsights.com/industry-analys
is/expanded-perlite-market Download Latest
Report PDF _at_ https//www.gminsights.com/request-s
ample/detail/829 Request for
customization https//www.gminsights.com/roc/829
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
Write a Comment
User Comments (0)
About PowerShow.com