Stratview Research delivers key insights on the global Unexpanded Perlite Market. According to Stratview Research, the market is segmented By Application (Slag Coagulant, Sandblasting, Agriculture, Casting Sand and Mixtures, Others), By End Use (Industrial, Agricultural), and Region.
Market Insights
The report suggests that the overall Unexpanded Perlite market is projected to grow from USD 9.6 million in 2020 to USD 11.6 million by 2026 at a CAGR of over 3.3% during the forecast period.
Market Segments' Analysis
Based on application, the unexpanded perlite market has been classified into slag coagulant, sandblasting, agriculture, casting sand and mixtures, and others. Under these, the sandblasting segment held the largest market share in 2020 and is likely to grow at a considered CAGR during the forecast period. Unexpanded perlite is finding usage in sandblasting applications, due to uneven rough shape and low-density features, which makes it a critical component in sandblasting machines, thereby bolstering the segment growth.
By region, the Asia Pacific market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. Rising product usage in casting sand mixtures, sandblasting, and foundries in China and India is likely to boost the market growth. Also, growing foundry applications such as sand casting and slag coagulant in the region further proliferate the regional market growth in the coming years.
Key Players
The following are some of the key players in the Unexpanded Perlite Market:
· Imerys SA (France)
· Perlite-Hellas (Greece)
· Cornerstone Industrial Minerals (US)
· The Schindler Company (Switzerland)
· Gulf Perlite (UAE)
· Midwest Perlite (US)
· Perlite Vermiculite Packaging Industries (US)
· Hess Perlite (US)
· Dicalite Management Group (US)
· Pratley Perlite Mining (South Africa)
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Unexpanded Perlite Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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