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Pumice Market

Pumice Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Pumice: Introduction

  • Pumice is a naturally occurring extrusive volcanic rock that is produced when lava with high water and gas content is discharged from the volcano. Pumice is a light rock material filled with tiny bubbles of gases, which is obtained after cooling and hardening of lava.
  • Pumice are obtained in large chunks or thin powders, also named as ‘pumicite’, which is fine grained ashy version of pumice. Pumice is mostly used in lightweight construction materials, such as concrete block and concrete, across the globe.
  • Pumice is produced from open pit mining in desired grades, ranging from lump coarse, intermediate fine to extra fine. Pumice mining is an environment-friendly process because the igneous rock is deposited on the surface of the earth in loose aggregate forms and requires very less machinery for production.

Key Drivers and restraints of Pumice Market

  • Increase in demand for building material, such as concrete for building construction sites, is expected to drive the pumice market during the forecast period. Rapid industrialization and urbanization is a major factor propelling investment in the development of residential & commercial buildings. Pumice is lightweight in nature and is employed in construction materials. These characteristics of pumice are driving the pumice market. Furthermore, increase in investment in the mining sector due to focus on development of infrastructure is also anticipated to boost the market.
  • Demand for personal care products is increasing, which in turn is expected to drive the pumice market, as pumice is used as an abrasive in personal care products especially in soap manufacturing because it is safe for the body due its non-toxic nature
  • Rise in investment in the architecture industry has fueled the demand for pumice, as it is required in large proportion for insulation, roofing, and landscaping. This, in turn, is expected to boost the pumice market.
  • Rise in research & development of new building materials is projected to boost the global pumice market between 2021 and 2031. Lightweight pumice concrete offers high elasticity and insulation than other concrete. This property of pumice makes highly preferable over other concrete.
  • Shift in trend toward the adoption of eco-friendly products is anticipated to propel the pumice market. The mining of pumice is an eco-friendly process, as it is deposited on the surface of the earth in loose aggregate form.
  • Instability in government policies regarding mining and volatility in prices of construction material are also estimated to restrain the market.

COVID-19 Impact Analysis                     

  • The coronavirus pandemic completely stopped the world due to the lockdowns imposed in major countries across the globe. Several restrictions were placed on mining activities during the lockdown. Furthermore, major industries such as building materials and infrastructure development had to halt their construction services.
  • Building materials and abrasive are major end-users of pumice. Therefore, restriction on construction and manufacturing due to lockdowns negatively impacted the pumice market.

Key Development in Pumice Market

  • In June 2020, CR Minerals, a leading manufacturer of high quality pumice products and construction materials, announced to inaugurate a new manufacturing facility in Pueblo, Colorado, U.S.

Global Pumice Market: Key Segment

  • The global pumice market can be segmented based on product type, end-user, and region
  • Based on type, the global pumice market can be segmented into <2mm diameter, 2-3mm diameter and >3mm diameter
  • Based on end-user, the global pumice market can be segregated into building materials, abrasive, horticultural products, and others. The building material segment is expected to hold the major share, owing to an increase in investment in infrastructure activity.

Europe to Constitute Major Share of Global Pumice Market

  • The global pumice market can be segregated into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America
  • Europe is expected to hold a vital share of global pumice market during the forecast period, due to the ongoing investment in the production of pumice and expansion of mining and activities in the region. Italy accounted for 50% of the global pumice market.
  • Middle East is also projected to hold a notable share of the global pumice market during the forecast period, owing to a rise in the production of pumice in Turkey. Turkey is world’s second-largest producer with production capacity of 3 million metric tons.
  • The pumice market in North America is likely to expand at a steady pace, owing to an increase in the demand for residential and commercial construction

Key Players Operating in Global Market

Leading companies operating in the global pumice market are:

  • Armisum
  • Ward Pumice Company
  • US Pumice
  • Ina Minerals
  • General Pumice
  • EuroPomice
  • Agrosan
  • Beaver Pumice
  • CR Minerals

Global Pumice Market: Research Scope

Global Pumice Market, by Type

  • <2mm diameter
  • 2-3mm diameter
  • >3mm diameter

Global Pumice Market, by End-user

  • Building Materials
  • Abrasive
  • Horticultural Products
  • Other

Global Pumice Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Italy
    • Norway
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

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