According to Cognitive Market Research, The Global Commercial Perlite market size is USD 1625.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.30% from 2024 to 2031.
North America Commercial Perlite held the major market of around 40% of the global revenue with a market size of USD 650.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
Europe Commercial Perlite accounted for a share of around 30% of the global market size of USD 487.56 million in 2024.
Asia Pacific Commercial Perlite held the market of around 23% of the global revenue with a market size of USD 373.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
South America Commercial Perlite market of around 5% of the global revenue with a market size of USD 81.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Middle East and Africa Commercial Perlite held the major market of around 2% of the global revenue with a market size of USD 32.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
The sales of expanded perlite will continue to increase due to its superior insulation properties, lightweight nature, and versatility across a wide range of applications in construction, horticulture, and industrial sectors.
Sales of insulating materials are poised to surge owing to growing demand for energy-efficient construction solutions and stringent regulations promoting thermal insulation, driving adoption across residential, commercial, and industrial sectors.
