The Perlite Market is expected to grow from US$1,262.766 million in 2025 to US$1,729.051 million in 2030, at a CAGR of 6.49%.
Perlite is a naturally occurring, amorphous, volcanic glass typically formed by the hydration of obsidian. It has some unique properties such as its capacity to expand when heated, lightweight cellular structure, excellent thermal insulation properties, high strength, resistance to water penetration, and non-flammable features. The perlite market is expected to have significant growth driven by its increasing demand for various industrial applications. The increasing use of perlite in the construction sector and increasing investment in this sector are expected to further fuel the market growth. However the lack of awareness regarding perlite and its benefits is estimated to be a restraint for market growth.
By form, the expanded perlite market is expected to have a significant market share due to its various applications in the industrial sector. By application, the industrial segment is estimated to have a considerable growth rate. By geography, the Asia Pacific region is expected to have a significant growth rate due to growing urbanization.
SEGMENTATION
The perlite market has been analyzed through the following segments: