DESCRIPTION
Perlite market is projected to grow at a CAGR of 5.19% to reach US$1201.604 million by 2024,
from US$886.772million in 2018. Perlite is a naturally occurring, amorphous, volcanic glass
typically formed by hydration of obsidian. It has some unique properties such as its capacity to
expand when heated, lightweight cellular structure, excellent thermal insulation properties, high
strength, resistance to water penetration and non-flammable features.