Perlite Market Summary
As per MRFR Analysis, the Global Perlite Market was valued at USD 1.83 Billion in 2023 and is projected to grow to USD 3.34 Billion by 2032, with a CAGR of 6.90% from 2024 to 2032. Perlite, an amorphous volcanic glass, expands significantly when heated, making it a valuable material in construction, agriculture, and horticulture. Its lightweight and insulating properties contribute to its demand in various applications, including lightweight concrete, insulation, and acoustical sprays. The construction industry's growth, particularly in residential sectors, is a key driver of market expansion. Major players in the market include Imerys Performance Additives, Amol Dicalite Limited, and Genper Group, among others.
Key Market Trends & Highlights
The Perlite Market is witnessing significant growth driven by diverse applications and industry demand.
- Market Size in 2023: USD 1.83 Billion
- Projected Market Size by 2032: USD 3.34 Billion
- CAGR from 2024 to 2032: 6.90%
- Key Applications: Construction, Agriculture & Horticulture, Industrial
Market Size & Forecast
2023 Market Size: USD 1.83 Billion
2024 Market Size: USD 1.95 Billion
2032 Market Size: USD 3.34 Billion
CAGR (2024-2032): 6.90%
Major Players
Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others.
Perlite is used in a variety of industries, including agriculture and horticulture, construction, and others, fueling market expansion. The construction industry's rapid growth, particularly in residential construction, is likely to boost the market growth. Perlite's high functional qualities make it ideal for a wide range of uses. Perlite is utilized in the building industry for fire ratings, noise reduction, insulation, under-floor insulation, paint texturing, gypsum boards, and other purposes.
Perlite Market Report Overview
This MRFR report provides a thorough analysis of the prime factors determining the growth of the Global Perlite Market in the regions of North America, Europe, Asia Pacific, South America, and the Middle East & Africa. It also focuses on the revenue size of significant players in the market along with the strategies adopted by them for expansion. The report covers the application of perlite in construction, agriculture & horticulture, and others. Revenue analysis based on different forms of perlite has also been provided as a part of the research.
Players Covered
Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey),
Supreme Perlite Company
(US), Keltech Energies Ltd (India),
Whittemore Company
(US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others.
Research Methodology
At MRFR, primary emphasis is laid down on data accuracy to present a comprehensive view of the market and its various components. Both primary and secondary research methods are implemented to provide an in-depth analysis of current and historical trends of the market. Primary data mining includes interactions with top-level decision makers in the relevant field while secondary data collection uses credible sources to verify the data collected through primary means. The top-down and bottom-up approaches are deployed for the estimation of market size and ensure the reliability of the information provided.
Recent Development
The distribution arrangement between IMCD US and IMERYS Minerals has been expanded. The distribution agreement between IMERYS, a world leader in mineral-based specialty solutions for industry, and IMCD, a major distributor of specialty chemicals and ingredients, has been expanded. IMERYS Performance Minerals will now be represented by IMCD as its Preferred Distributor in the United States and Canada. Customers will benefit from IMERYS' extensive specialized minerals range, which will be backed by IMCD's technical competence and local market experience.
Following its chairman's recent tour to the United States, Sunrise Resources provided an update to the market on its CS Natural Pozzolan-Perlite Project, saying that talks had been held with several parties, including existing and new interested parties. Two cement and ready-mix firms, one significant fly-ash distributor, a "large" building materials company, and a new cement clean-tech startup were among the parties, according to the AIM-listed firm.In January 2022, Mineral Technologies launched a new product called Perlite Gold. Perlite Gold is a high-quality perlite that is ideal for a variety of applications, including horticulture, agriculture, and construction. It is lightweight and has excellent drainage properties.
Segmental Analysis
By Form
Expanded PerliteCrude Perlite
By Application
ConstructionAgriculture & HorticultureIndustrialOthers
By Region
North America Europe Asia PacificThe Middle East & AfricaSouth America
Report Attribute/Metric
|
Details
|
Market Size
|
 USD 1.83 Bn
|
Market Size
|
 USD 1.95 Bn
|
Market Size
|
 USD 3.34 Bn
|
CAGR
|
  6.90% (2024-2032)
|
Base Year
|
  2023
|
Forecast Period
|
  2024 to 2032
|
Historical Data
|
  2019 & 2020
|
Forecast Units
|
  Value (USD Billion)
|
Report Coverage
|
  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
  Form, Application
|
Geographies Covered
|
  North America, Europe, Asia-Pacific, and Rest of the World (RoW)
|
Key Vendors
|
  Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others
|
Key Market Opportunities
|
  New product launches and R&D Amongst major key Players
|
Key Market Drivers
|
  Acceleration in the growth of the construction industry, especially in residential construction
|
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Perlite Market Highlights:
Frequently Asked Questions (FAQ) :
Perlite Market is predicted to grow at 6.90% through forecast period of 2024-2032.
The forecast period for Perlite Market research report is 2024-2032.
Perlite Market is dominated by North America region.
The major players are Imerys Performance Additives (France), Amol Dicalite Limited (India), Genper Group (Turkey), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Keltech Energies Ltd (India), Whittemore Company (US), The Schundler Company (US), Dupré Minerals (UK), IPM Group of Companies (Turkey), and Others
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