Perlite Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The Perlite Market is Segmented by Product Type (Expanded Perlite, Agro-perlite, Vapex, and Other Product Types), Application (Fillers, Fire-proofing, Insulation, Filtration, Abrasives, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report offers market size and forecasts in terms of volume (kiloton) for all the above segments.

Perlite Market Size

Perlite Market Summary
Study Period: 2018 - 2028
Fastest Growing Market: Asia Pacific
Largest Market: Europe
CAGR: > 5 %

Major Players

Perlite Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Perlite Market Analysis

The perlite market is projected to register a CAGR of more than 5% during the forecast period.

  • COVID-19 negatively impacted the market in 2020. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
  • Increasing demand for perlite from the agricultural and construction industries is expected to drive the market during the forecast period. The availability of substitutes, such as Diatomite, Pumice, Slag, Vermiculite, and Coco-coir, will likely hinder the market’s growth.
  • Increasing new application bases of perlite like eco-roofs, soil conditioning, and wastewater filtration and government certifications for its consumption may act as an opportunity for the market in the future. The Asia-Pacific region dominates the market worldwide, with countries like China, India, and Japan being the biggest consumers.

Perlite Industry Segmentation

Perlite is an amorphous volcanic glass with a high water content that is often created when obsidian is hydrated. Perlite finds its application in Fire-proofing solutions, insulation, Filtration, and many other applications. 

The perlite market is segmented by product type, application, and geography. By product type, the market is segmented into Expanded Perlite, Agro-perlite, Vapex, and Other Product Types. By Application, the market is segmented into Fillers, Fire-proofing, Insulation, Filtration, Abrasives, and Other Applications. The report also covers the market size and forecasts in 15 countries across major regions. 

For each segment, market sizing and forecasts have been done based on volume (kiloton).

Product Type
Expanded Perlite
Other Product Types
Other Applications
Asia Pacific
South Korea
Rest of Asia-Pacific
North America
United States
Rest of North America
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Perlite Market Trends

This section covers the major market trends shaping the Perlite Market according to our research experts:

Increasing Demand from Construction Sector

  • The majority of perlite market consumption is by the construction industry. Perlite demand in the construction industry is attributed to its durable, lightweight, and efficient properties, which is anticipated to drive market expansion over the forecast period.
  • Further, due to perlite's density and low cost, it is used in various construction and building products, such as insulation, ceiling tiles, concrete, mortar, and lightweight plasters. The building construction sector is expanding rapidly across the globe.
  • For example, China's growth is fueled mainly by rapid residential and commercial building expansion. China is encouraging and enduring a continuous urbanization process, with a projected rate of 70% by 2030. Also, China's construction output peaked in 2021 at a value of about USD 4.21 trillion. As a result, these factors tend to increase the demand for perlite across the globe.
  • India is expanding its commercial construction sector. For instance, the CommerzIII Commercial Office Complex construction worth USD 900 million started in Q1 2022. The project involves the construction of a 43-story commercial office complex and is expected to be completed in Q4 2027. The increasing commercial construction is expected to increase the demand for perlite during the forecast period.
  • Therefore, the aforementioned factors, the demand for perlite is expected to increase during the forecast period.
Construction Output Value, China (in trillion yuan), 2017-2021

Asia-Pacific to Dominate the Market

  • Asia-Pacific dominated the global market share. With the growing application of perlite in horticulture, agricultural production has shown an outstanding yield. The use of a hydroponic system can also boost the yield, which in turn, drives the consumption of perlite.
  • Perlite is also used as a filler in the construction industry for ceiling tiles, floor heating insulations, highway sound-absorbing walls, etc. With growing construction activities, perlite consumption is expected to grow during the forecast period.
  • China experienced a significant increase in construction activities, resulting in a surge in demand for perlite in construction applications. For example, China is one of the leading countries with respect to the construction of shopping centers. China has almost 4,000 shopping centers, while 7,000 more are estimated to be open by 2025.
  • Moreover, in India, under Pradhan Mantri Awaas Yojana Gramin (PMAY-G), the scheme of “Housing for All” by 2024 has been set at 2.95 crore houses. Out of which, 2,17,54,812 houses have been sanctioned to the beneficiaries, and 1,71,34,737 houses have been completed as of 2nd February 2022. Thus, the increasing housing construction is expected to support market growth.
  • Thus, such factors may contribute to the increasing demand for perlite in the region during the forecast period.
Perlite Market - Growth Rate by Region, 2023-2028

Perlite Industry Overview

The perlite market is highly consolidated in nature. Some of the major players in the market include Carolina Perlite Co., Inc., Imerys, Bergama Madencilik İnşaat Makine Perlit Sanayi ve Ticaret A.Ş., Cornerstone Industrial Minerals Corporation, and Saudi Perlite Industries, among others.

Perlite Market Leaders


  2. Saudi Perlite Industries

  3. Cornerstone Industrial Mineral Corporation

  4. Bergama Madencilik İnşaat Makine Perlit Sanayi ve Ticaret A.Ş.

  5. Carolina Perlite Co., Inc.

*Disclaimer: Major Players sorted in no particular order

Market Concentration.png

Perlite Market News

  • February 2023: Titan Cement acquired a share in Aegean Perlites. The company operates perlite and pozzolan quarries on the island of Yali. It also has access to port facilities. Titan Group says it is investing in direct access to pozzolan reserves to increase its volume of pozzolan-based cementitious products with a lower clinker factor. The deal is connected to Titan’s target to reduce its CO2 emissions by 35% by 2030, compared to 1990 levels, and increase the share of green products in its portfolio to over 50%.
  • April 2022: Silica Holdings, Inc. announced part of its Industrial and Specialty Products business would increase prices for most of its non-contracted diatomaceous earth, perlite, and cellulose products used primarily in food and beverage filtration, renewable diesel, catalysts, paints and coatings, plastics and industrial oil. Ongoing inflationary pressures around raw materials, packaging, labor, logistics, and maintenance expenses drive this increase.

Perlite Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Surge in Demand in the Agricultural and Construction Industries

      2. 4.1.2 Increasing Usage in the Metallurgical Industry

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Availability of Substitutes

      2. 4.2.2 Health Problems Due to Prolonged Exposure

      3. 4.2.3 Other Restraints

    3. 4.3 Value Chain/Supply Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (Market Size in Volume)

    1. 5.1 Product Type

      1. 5.1.1 Expanded Perlite

      2. 5.1.2 Agro-perlite

      3. 5.1.3 Vapex

      4. 5.1.4 Other Product Types

    2. 5.2 Application

      1. 5.2.1 Fillers

      2. 5.2.2 Fire-proofing

      3. 5.2.3 Insulation

      4. 5.2.4 Filtration

      5. 5.2.5 Abrasives

      6. 5.2.6 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Asia Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.3.2 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      3. 5.3.3 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Russia

        6. Rest of Europe

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Ausperl Pty Ltd

      2. 6.4.2 Azer Perlite Corporation

      3. 6.4.3 Bergama Mining Perlite

      4. 6.4.4 Blue Pacific Minerals

      5. 6.4.5 Cornerstone Industrial Minerals Corporation USA

      6. 6.4.6 Amol Minechem Ltd.

      7. 6.4.7 Imerys

      8. 6.4.8 Mianeh Prlite Expanding Co. Ltd

      9. 6.4.9 Omya AG

      10. 6.4.10 Profiltra BV

      11. 6.4.11 Saudi Perlite Industries

      12. 6.4.12 Supreme Perlite Company

      13. 6.4.13 Termolita

      14. 6.4.14 Carolina Perlite Co., Inc.

      15. 6.4.15 Midwest Perlite

    5. *List Not Exhaustive

    1. 7.1 Government Certification for its Consumption

**Subject to Availability
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Perlite Market Research FAQs

The Perlite Market is studied from 2018 - 2028.

The Perlite Market is growing at a CAGR of >5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2022.

IMERYS, Saudi Perlite Industries, Cornerstone Industrial Mineral Corporation, Bergama Madencilik İnşaat Makine Perlit Sanayi ve Ticaret A.Ş. , Carolina Perlite Co., Inc. are the major companies operating in Perlite Market.

Perlite Industry Report

Statistics for the 2023 Perlite market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Perlite analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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