Perlite & Vermiculite Demand to Rise as Consumers Spend on G
CLEVELAND, May 18, 2020 /PRNewswire/ -- US perlite and vermiculite demand is forecast to rise 1.3% per year in volume terms through 2024, according to Perlite & Vermiculite: United States, a report recently released by Freedonia Focus Reports. Both minerals are projected to post gains. Suppliers will benefit from expected gains in production of building products and lawn and garden spending. Perlite and vermiculite demand in the agriculture and horticulture market is projected to grow 1.6% annually to 2024 – the fastest growth among discrete segments. Spending on lawn and garden consumables is forecast to rise as consumers show an ongoing interest in gardening.
These and other key insights are featured in Perlite & Vermiculite: United States. This report forecasts to 2024 US perlite and vermiculite demand and production in metric tons. Total demand is segmented by product in terms of:
Total demand is also segmented by market as follows:
- building products
- agriculture and horticulture
- other markets such as fillers, filtration, and motor vehicle brake linings
To illustrate historical trends, total demand, total production, the various segments, and trade are provided in annual series from 2009 to 2019.
More information about the report is available at:
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Energy & Resources reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
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SOURCE The Freedonia Group