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Closed Cell Expanded Perlite: Introduction

  • Closed cell expanded perlite, also known as vitrified microbead, is primarily used as a key raw material in the production of inorganic thermal insulation mortar, thermal insulation coating, refractory brick, and enamel material. Closed cell expanded perlite provides many benefits owing to its inert, fire resistant, thermal, and acoustic properties.
  • Closed cell expanded perlite can act as a substitute for many traditional lightweight aggregates such as fly ash, glass bead, floating beads, and polyphenyl granules. It has wide range of applications in various industries such as agriculture, chemical, metallurgy, and building materials.
  • Key players such as Xinyang Caster New Material Co Ltd. and Gulf perlite LLC produce closed cell expanded perlite in the following different sizes: 18-30 mesh, 30-50 mesh, 50-70 mesh, 70-90 mesh, and 90-120 mesh.
  • The typical composition of closed cell expanded perlite includes 70%-75% silicon dioxide (SiO2); 12%-15% aluminum oxide (Al2O3); 3%-5% potassium oxide (K2O); 3%-4% sodium oxide (Na2O); 0.5%-2% iron oxide (Fe2O3); 0.5%-1.5% calcium oxide (CaO); and 0.2%-0.7% magnesium oxide (MgO)

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Key Drivers of Global Closed Cell Expanded Perlite Market

  • Rise in demand for lightweight construction materials is positively impacting the closed cell expanded perlite market.  Increase in usage of gypsum plasterboard as construction material due to its lightweight property is estimated to drive the demand for closed cell expanded perlite in the near future.

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Application of Closed Cell Expanded Perlite

  • Closed cell expanded perlite is widely used in construction applications owing to its excellent insulation, light weight, and fire resistance and sound dampening properties. It is also used in the production of Portland cement, gypsum plasters, ceiling tiles, mortar, concrete, and lightweight cement plasters.
  • Closed cell expanded perlite is used as soil moisture retention additive in agricultural applications. Closed cell expanded perlite manufactured by Gulf Perlite LLC has water holding capacity of 800%. According to the research conducted by International Center for Biosaline Agriculture (ICBA), expanded perlite helps reduce the consumption of water for irrigation purposes by 50%. In addition to its water saving benefits and promotion of plantation growth, closed cell expanded perlite is used as natural additive to reduce soil mixture weight by up to one-third of its overall weight. Demand for closed cell expanded perlite is high in agriculture-based economies such as India, Italy, Brazil, Vietnam, Thailand, and China due to its outstanding property of water retention.
  • Closed cell expanded perlite can be used in high temperature applications such as hot topping, ladle topping, and production of refractory blocks and bricks in the steel & foundry industry
  • Closed cell expanded perlite is also employed as a key ingredient to produce oil well cement. It has extremely low packing density. This reduces the density of products and saves costs.

Covid-19 Impact on Closed Cell Expanded Perlite Market

  • The COVID-19 pandemic has severely impacted the core end-use industries of closed cell expanded perlite such as steel and construction. According to the World Steel Association, global demand for steel is expected to contract by 6.4% to 1,654 MT (million tons) due to the COVID-19 crisis.
  • Lockdown caused by COVID-19 pandemic has halted construction activities across the world. Further extension of the lockdown in countries in Asia Pacific such as India, Thailand, China, and Vietnam is estimated to hamper the sales of construction materials such as closed cell expanded perlite.
  • Decline in demand for closed cell expanded perlite in major end-use sectors is estimated to negatively impact the market in the current fiscal year. However, demand is likely to bounce back when the global restriction on construction activities starts to ease.

Asia Pacific to Hold Significant Share of Global Closed Cell Expanded Perlite Market

  • In terms of region, the global closed cell expanded perlite market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is a major consumer of closed cell expanded perlite across the globe. The region is likely to witness significant rise in demand for closed cell expanded perlite owing to large number of ongoing and upcoming infrastructure projects in the region.
  • Significant expansion of the construction industry in the Middle East countries such as the UAE, Saudi Arabia, and Oman is projected to boost the demand for closed cell expanded perlite in these countries in the near future

Key Players Operating in Global Market

  • High initial capital investment and enactment of various government regulations on the usage of closed cell expanded perlite are estimated to hamper the entry of new players in the market

Key players operating in the global closed cell expanded perlite market include:

  • Xinyang Caster New Material Co Ltd.
  • Omya AG
  • Henan Blider Mining Product Co., Ltd 
  • Huayao
  • Henan Daye Metallurgy Casting Material Co., Ltd.
  • Gulf Perlite LLC
  • Carolina Perlite Company
  • Aegean Perlite SA
  • AUSPERL Pty Ltd
  • Supreme Perlite Company,
  • Bergama Perlite

Global Closed Cell Expanded Perlite Market: Research Scope

Global Closed Cell Expanded Perlite Market, by End-use Industry

  • Building & Construction
    • Mortar
    • Plasters & Renders
    • Ceramic Tile Adhesives
    • Insulation Materials
    • Others
  • Paints & Coatings
  • Plastic Manufacturing
  • Agriculture & Horticulture
  • Refractory Brick
  • Others

Global Closed Cell Expanded Perlite Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Closed Cell Expanded Perlite Market

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