substitutes eating into the revenues of the market is one of the key restraints that is projected to hold back the market to a certain extent. Nevertheless, the emerging applications of expanded perlite in personal care products and other premium specialty products are expected to soften the impact of this threat.

For the ease of comprehension, the global market for expanded perlite has been broadly segmented on the basis of two criteria: Application and geography.

The key applications of expanded perlite examined in the report include construction products, horticulture aggregates, fillers, filtration and process aids, and other applications such as industrial products and miscellaneous consumer products. Of these, the construction industry emerged as the largest consumer of expanded perlite in 2014. The demand for expanded perlite in the horticulture industryaccounted for nearly 12% of the global market in 2014.

From a geographical perspective, the expanded perlite market has been examined for Middle East and Africa, Latin America, Asia Pacific, Europe, and North America. Of these, Asia Pacific held a dominant share of over 30% in the global market in 2014 in terms of volume. Looking at the exponential growth of the construction industry, the demand for expanded perlite is projected to remain the highest in the region over the report’s forecast period.

The competitive landscape of the global expanded perlite market features the dominance of regional players across major regional markets. Some of the major vendors operating in the global expanded perlite market profiled in the report are Cornerstone Industrial Minerals Company, Imerys SA, P.V.P. Industries Inc., Aegean Perlites