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Expanded Perlite Industry Analysiswith COVID-19 impact | Forecast Period 2019-2025
Expanded Perlite Market Overview
Expanded perlite is most versatile and efficient mineral that has unique characteristics such as fireproof, insulation, sterile, and light weight. It naturally occurs in siliceous rock, and when exposed to heat to a certain temperature, perlite expands by 4 to 20 times. Expanded perlite is largely applied in construction activities for its light weight and insulation properties. Therefore it is used in concrete, to provide fire resistance, insulation and light weight concrete, ideal for building roof terraces and other applications such as filling void spaces. Expanded perlite properties provide solution to rising environmental concerns and do not have any negative impact on environment while mining of perlite. It can also blend with soil for filtration of storm water runoff and reduced rainwater surge. Increased demand for perlite-based products resulted in growth of processed crude perlite.
Expanded Perlite Market Segmentation By Application
Others (Sterilization, Etc.) By End-User
Paints And Coating Industry
Others (Agriculture, Etc.)
Trends, Drivers & Challenges to Market Growth With the advent of sustainability across various sectors, use of expanded perlite is trending in the market. Its application has gained wide attention from agriculture industry, for horticulture as a constituent of soil-less growing mixes where it stipulates aeration and optimum moisture retention for plant growth. Production of cucumber and tomato are some that gained benefit from application of expanded perlite.
The growth in allied industries using expanded perlites such as food and beverage industries, cosmetic industry, and moreover in the environment cleaning, where it can absorb oil and pollution from environment, is thus driving the growth of global expanded perlite market. Advancement in technology and practices to efficiently manufacture and utilize expanded perlite is also stimulating the growth of the market.
COVID-19 impact on "Expanded Perlite Market" The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Expanded Perlite Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Key Market Players Expanded perlite market report comprises of the following companies as the key players in the expanded perlite market:
Supreme Perlite Company
Cornerstone Industrial Minerals Corporation
Showa Chemical Industry Co.
Perlite Canada Inc.
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Key questions answered in this Global Expanded Perlite Market Report
What is the total market size by 2030 and what would be the expected growth rate?
What is the revenue of expanded perlite market in 2016-17 and what would be the expected demand over the forecasted period?
What are the key market trends?
What are the factors which are driving this market?
What are the major barriers to market growth?
Who all are the key vendors in this market space?
What are the market opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?
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