Regional Analysis
Geographies covered: | - North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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Expanded Perlite Market Regional Insights:
- North America is expected to be the largest market for expanded perlite during the forecast period, accounting for over 41% of the market share in 2023. The growth of the market in North America is attributed to the recovering construction industry and infrastructure development projects in the region.
- Europe is expected to account for over 25% of the market share in 2023. The growth of the market is attributed to the high demand from the agriculture and horticulture sectors in the region.
- Asia Pacific is expected to account for over 16% of the market share in 2023. The growth of the market in Asia Pacific is attributed to rapid urbanization and growth in end-use industries such as construction and agriculture in emerging economies.