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Showing posts with the label Perlite Industry

Perlite Market - Positive Long-Term Growth Outlook 2025

The advantages offered by perlite in construction applications include increased mechanical strength, lightweight, and weather-resistant finish. These advantages are anticipated to boost industry growth over the forecast period. The Global Perlite Market is anticipated to reach USD 1,591.4 million by 2025, according to a new report by Grand View Research, Inc. Growing urbanization and increasing industrialization has led to a rise in demand for perlite in construction sector. Increasing participation to sustain the demand, coupled with the reduced raw material prices, is projected to drive perlite market over the forecast period. Several manufacturing companies are shifting their focus toward developing regions such as Asia Pacific and Central & South America (CSA) on account of the availability of cheap labor. Perlite market is governed by strict regulations for its use in construction, filtration, and agriculture. The Mine Safety and Health Administration (MSHA