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The key industry players in the expanded perlite industry share include
These industries are adopting various strategies to gain competitive advantage. Many companies are spending huge investments on R&D initiatives to achieve product differentiation. Some of them are expanding distribution network and increasing production capacity in order to gain strong foothold in the market.
The horticulture aggregate application segment will expand at a 5.9% CAGR through 2024 driven by higher consumer inclination and popularity within farmers.
The industry for expanded perlite is pegged to rise at a CAGR of more than 7% up to 2024 due to the increasing adoption across the construction sector.
The Asia Pacific expanded perlite industry size is poised to grow at an exponential rate in the coming years owing to the proliferating construction sector in the region.
Perlite-Hellas, Midwest Perlite Inc., Keltech Energies Ltd., Imerys SA and Silbrico Corporation are some global suppliers of expanded perlite products.