- Crude Perlite
- Expanded Perlite
- Crushed Perlite
- Vapex Perlite
- Others
Perlite Market size was valued at USD 1,352.7 million in 2023 and is projected to reach USD 2,457.0 million by 2030, growing at a CAGR of 8.9% from 2024 - 2030. Perlite is an amorphous volcanic glass with relatively high water content, normally produced by obsidian hydration. Perlite will expand some 20 times in volume when heated sufficiently. It is an industrial mineral, suitable "as a ceramic flux to lower the sintering temperature," and as a commercial product useful for its low density after processing.
The major drivers include the growing demand for lightweight construction material and the ever-improving horticultural sector that adopts this material due to its excellent aeration and moisture retention properties. Steadily, the perlite market is to reach about $1 billion by 2027 and will have an estimated CAGR of about 5% during the estimated period between 2022 and 2027. In addition, the growing desire for environmentally friendly building materials also provides further impetus to the use of perlite in insulating products due to their non-toxic and eco-friendly nature.
However, market restraint from the volatility of raw material prices and competition from other material substitutes, including expanded clay and vermiculite, could impact market growth. New applications also are being developed for perlite, particularly in agriculture and horticulture, as well as in the production of fireproofing materials. These are the trends that are increasing the market and increasing urban gardening green roof trends and other emerging applications support demand even further, setting up the perlite market for continued growth in the next few years.
Perlite Market Key Developments:
Study Period
2024 - 2030Base Year
2023CAGR
8.9%Largest Market
North AmericaFastest Growing Market
Asia pacific
Several factors influence the perlite market in terms of growth and development. Markets are being supported by the growing application range as well from construction, horticulture, and industrial applications. Demand for lightweight, sustainable materials produces growth opportunities primarily in insulation and soil amendments. However, there are huge restraints in the market. Fluctuating raw material prices, which are mainly influenced by geological factors and supply chain breaks, would impact the production costs; thus, price competition may be a problem for manufacturers. For instance, with perlite prices increasing by 10-15% in the last couple of years, buyers, especially price-sensitive ones, are likely to be discouraged. The market is also under stiff competition from the alternative materials of expanded clay and synthetic aggregates because these alternatives work similarly while at a lesser cost than perlite. This form of competition may instead reduce the perlite market share, especially in construction applications that have a preference for cost efficiency. Overall, the growth of the perlite market is promising, but there is a need to strategically build up this market with innovation in a way that properly competes with these restraints.
By Product
By Application
By End-user
The perlite market was valued at USD 1,352.7 million in 2023 and is expected to grow at a CAGR of 8.9% over the forecast year to reach USD 2,457.0 million in 2030.
The perlite market is growing due to the demand for lightweight construction material and the ever-improving horticultural sector that adopts this material due to its excellent aeration and moisture retention properties
The perlite market is emerging with this trend increasing the market and increasing urban gardening green roof trends and other emerging applications support demand even further, setting up the perlite market for continued growth in the next few years.
North America is the dominant region in the perlite market.
Asai-Pacific is the fastest-growing region in the perlite market.
1. Executive Summary |
2. Global Perlite Market Introduction |
2.1. Global Perlite Market - Taxonomy |
2.2. Global Perlite Market - Definitions |
2.2.1.Product Type |
2.2.2.Application |
2.2.3.End Users |
2.2.4.Region |
3. Global Perlite Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Perlite Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Perlite Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Crude Perlite |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Expanded Perlite |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Crushed Perlite |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Vapex Perlite |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Perlite Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Fillers |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fire-proofing |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Insulation |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Filtration |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Abrasives |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Perlite Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Horticulture |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Agriculture |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Construction |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Personal Care |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Perlite Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. North America Perlite Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Crude Perlite |
9.1.2.Expanded Perlite |
9.1.3.Crushed Perlite |
9.1.4.Vapex Perlite |
9.1.5.Others |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Fillers |
9.2.2.Fire-proofing |
9.2.3.Insulation |
9.2.4.Filtration |
9.2.5.Abrasives |
9.2.6.Others |
9.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Horticulture |
9.3.2.Agriculture |
9.3.3.Construction |
9.3.4.Personal Care |
9.3.5.Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10. Europe Perlite Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Crude Perlite |
10.1.2.Expanded Perlite |
10.1.3.Crushed Perlite |
10.1.4.Vapex Perlite |
10.1.5.Others |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Fillers |
10.2.2.Fire-proofing |
10.2.3.Insulation |
10.2.4.Filtration |
10.2.5.Abrasives |
10.2.6.Others |
10.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Horticulture |
10.3.2.Agriculture |
10.3.3.Construction |
10.3.4.Personal Care |
10.3.5.Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11. Asia Pacific (APAC) Perlite Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Crude Perlite |
11.1.2.Expanded Perlite |
11.1.3.Crushed Perlite |
11.1.4.Vapex Perlite |
11.1.5.Others |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Fillers |
11.2.2.Fire-proofing |
11.2.3.Insulation |
11.2.4.Filtration |
11.2.5.Abrasives |
11.2.6.Others |
11.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Horticulture |
11.3.2.Agriculture |
11.3.3.Construction |
11.3.4.Personal Care |
11.3.5.Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12. Middle East and Africa (MEA) Perlite Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Crude Perlite |
12.1.2.Expanded Perlite |
12.1.3.Crushed Perlite |
12.1.4.Vapex Perlite |
12.1.5.Others |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Fillers |
12.2.2.Fire-proofing |
12.2.3.Insulation |
12.2.4.Filtration |
12.2.5.Abrasives |
12.2.6.Others |
12.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Horticulture |
12.3.2.Agriculture |
12.3.3.Construction |
12.3.4.Personal Care |
12.3.5.Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13. Latin America Perlite Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Crude Perlite |
13.1.2.Expanded Perlite |
13.1.3.Crushed Perlite |
13.1.4.Vapex Perlite |
13.1.5.Others |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Fillers |
13.2.2.Fire-proofing |
13.2.3.Insulation |
13.2.4.Filtration |
13.2.5.Abrasives |
13.2.6.Others |
13.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Horticulture |
13.3.2.Agriculture |
13.3.3.Construction |
13.3.4.Personal Care |
13.3.5.Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Carolina Perlite Co., Inc. |
14.2.2.Imerys |
14.2.3.Bergama Madencilik ?n?aat Makine Perlit Sanayi ve Ticaret A.?. |
14.2.4.Cornerstone Industrial Minerals Corporation |
14.2.5.Saudi Perlite Industries |
14.2.6.Perlite-Hellas Ltd. |
14.2.7.Genper Group |
14.2.8.Australian Perlite Limited |
14.2.9.Aegean Perlites SA |
14.2.10.Ausperl Pty Ltd. |
14.2.11.Azer Perlite Corporation |
14.2.12.Bergama Mining Perlite |
14.2.13.Cornerstone Industrial Mineral Corporation |
15. Research Methodology |
16. Appendix and Abbreviations |