Perlite: A Global Strategic Business Report
San Jose, California (PRWEB) March 3, 2008
As stated by the recent report published by Global Industry Analysts, Inc., world perlite market is projected to exceed 3.1 million tons by 2010, maintaining a CAGR of 2.88% over the 2000-2010 period. Asia-Pacific is forecast to represent the fastest growing market for Perlite, with a CAGR of 3.37% over 2000-2010. The US, with an estimated share of 36.77% in 2007, constitutes the largest Perlite market worldwide. Construction applications of Perlite account for the leading share, estimated at 67.38% in 2007. On the other hand, Horticulture applications of Perlite are forecast to emerge as the fastest growing, with a CAGR of 4.01% over the period 2000-2010. Perlite Consumption in Industrial applications is forecast to reach 558.7 thousand tons by the year 2015.
The Perlite industry is growing at a steady pace, owing mainly to increasing demand in horticultural end use applications. There industry currently is characterized by heavy consolidation and intense competition among players vying to establish themselves. Strategic initiatives including important acquisitions, business expansions, partnerships and such others are becoming the norm rather than the exception. The Perlite market offers wide scope for further development, with low entry barriers, easy investment costs and attractive opportunities particularly in horticultural and industrial end use applications.
Perlite is produced and consumed in all the regions of the globe. The United States is the largest producer and consumer of crude and expanded Perlite followed by Greece, China, Turkey, Japan, Hungary, Armenia, Italy, Mexico and Philippines. The United Kingdom is the largest importer of crude Perlite. Perlite, an excellent constituent of soil-less mixes also performs as a major hydroponics medium. The product's high safety profile renders it suitable for use in applications such as water purification, clarification of foods and beverages, transportation, processing and storing of poultry food in addition to its use as a horticultural aggregate, filler in construction products and as a light weight material for concrete.
Hydroponics or soilless vegetable production, which is simple and efficient, is fast catching the imagination of people. Hydroponics growing systems are characterized as inert, sterile and uniform growing medium for supporting water-soluble nutrient solutions. Nutrient film technique is one of the traditional methods of hydroponics growing systems used by commercial growers. Horticultural Perlite is an ideal propagating and growing medium for a wide range of crops.
Major companies covered include American Perlite Company, Aegean Perlites SA, Australian Perlite Pty Limited, Cornerstone Industrial Minerals Corporation, EaglePicher Minerals Inc., Grefco Minerals Inc., Imerys S.A, World Minerals Inc., Haborlite Corporation, Normiska Corp., Perlite Canada Inc., Pertas Metal Perlite & Natural Stones Ltd., Pull Rhenen B.V, Redco II, Silbrico Corporation, S&B Industrial Minerals S.A., Supreme Perlite Company, and US Asia-Pacific Minerals Inc.
The report titled "Perlite: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets. Latent demand patterns in end-use markets are quantified across major geographic market verticals including United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain Asia-Pacific, and Latin America. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.
For more details about this research report, please visit http://www.strategyr.com/Perlite_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.