Increasing Use Of Expanded Perlite In Constructional Products Is Likely To Foster The Growth Of Expanded Perlite Market In Future
The global expanded perlite market is segmented by application such as constructional products, insulating refractories, filtration, waste water treatment, horticultural and others. Further, expanded perlite has a wide range of applications. Among these applications, constructional products segment grabbed major market share in 2016. Additionally, growing use of expanded perlite in constructional products such as sub-floor heating insulation, light weight plaster aggregate, roofing shakes, ceiling tiles, mortars & grouts , chimney flue relining, other is expected to intensify the growth of global expanded perlite market in near future. Global expanded perlite market is expected to register a CAGR of 7% over the forecast period. Moreover, the global expanded perlite market was valued at USD 710.6 Million in 2015 and is expected to reach at revenue of USD 1.3 Billion by the end of 2024. Further, growing market penetration of expanded perlite in various industries such as construc...