Hydrophobic Perlite Insulation Board Market Size, Share & Industry Analysis, By Application ( Construction, Others ) and regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Hydrophobic perlite also known as expanded perlite is an extremely lightweight, white conglomerate that ranges from a very fine powder with size ranging up to 6 mm. It is synthetic, inactive, neutral, and biologically sustainable material. It has exemplary thermal conductivity ranging from cryogenics at minus 273°C to refractory systems at over 1000°C. It also has an adsorbent surface and relatively low density, making it a perfect transporter or relatively cheap filler for many compound formulations. It is waterproof with extremely high hydrophobicity. It is generally used in roof and walls. It is non-flammable, which improves the thermal performance on masonry walls and floors.
Hydrophobic thermal insulation is designed to hold water and to ensure the structure to be corrosion resistant. It is cost-effective building material. The favorable construction activities around the globe is expected to generate healthy demand for advanced building materials, such as insulation boards during the forecast period. Excellent insulating properties make hydrophobic perlite insulation board an ideal choice for construction. However, there are issues related to harmful nature of certain perlite compounds. Fluctuating prices of hydrophobic perlite affects the profit margin, which further restricting the growth of global hydrophobic perlite insulation board market
Market Segmentation:
Based on application, the market for hydrophobic perlite insulation board is further segmented into construction (Residential, Industrial and Commercial) and others (Cold Storage, Boiler etc.). From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Increasing application in construction industries is driving the market.
Key Market Restraint -
Volatility in prices of raw materials to confine the industry growth.
Key Players Covered:
Key players in the hydrophobic perlite insulation board market includes Insul-Flow, ConDeck, Imerys Minerals, Allied Building Products, Moy Materials, Johns Manville, Langfang Chao Chen insulation materials, GAF, Dalian Ming Yuan Quan, BuildSite, Fransyl, Hengyuan Mining and others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the hydrophobic perlite insulation board market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The Asia Pacific dominates the demand for hydrophobic perlite insulation board across the globe. Hydrophobic perlite board withstands in hot and humid weather conditions. It has excellent compressive strength and longer lifespan make it an excellent product for use in challenging environments. Emerging economies such as China and India are prominent consumers of hydrophobic perlite insulation board, owing to the high demand for materials that are durable against weather condition. North America accounts for the second largest share of the global hydrophobic perlite insulation board market, due to the strong construction industry. Europe has shown a steady growth in the global hydrophobic perlite insulation board market owing to the significant growth in the construction industry. This is attributed to the inherent advantages such as light weight with very low molecular weight, high hydrophobicity and good thermal expansion. Atmosphere is normally hot or humid in some parts of Middle East and African countries, which eventually stimulated the market for hydrophobic perlite insulation boards. The growth of commercial and residential sector in Latin America is expected to propel demand for hydrophobic perlite insulation board market in the near future.
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Segmentation
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- Ongoing
- 2023
- 2019-2022
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