The Vermiculite Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Vermiculite Market:
https://www.thebusinessresearchcompany.com/report/veterinary-healthcare-global-market-report
According to The Business Research Company’s Vermiculite Global Market Report 2024, The vermiculite market size has grown strongly in recent years. It will grow from $0.26 billion in 2023 to $0.28 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to construction industry, horticulture and agriculture, industrial applications, fireproofing and insulation, oil and gas industry.
The vermiculite market size is expected to see strong growth in the next few years. It will grow to $0.37 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to infrastructure growth, environmental awareness, emerging markets, technological advancements. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships, .
The rapid growth in construction activity worldwide is expected to propel the growth of the vermiculite market going forward. Construction activities stimulate demand for construction services and materials, thereby supporting and growing the construction market. Vermiculite aids the construction industry by providing excellent insulation and fire resistance properties, enhancing building energy efficiency and safety in various applications. For instance, in February 2023, according to the Office for National Statistics, a UK-based statistics authority, annual construction output increased by 5.6% in 2022 compared with 2021, which follows a record increase in 2021 of 12.8%. This rapid growth in construction activity contributed to the growth of the vermiculite market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
The vermiculite market covered in this report is segmented –
1) By Type: Large Grade Vermiculite; Fine And Finer Grade Vermiculite; Medium Grade Vermiculite
2) By Product: Crude Vermiculite; Exfoliated Vermiculite
3) By End-User Industry: Chemical; Agriculture; Automotive; Construction; Other End-User Industries
The vermiculite market report table of contents includes:
- Executive Summary
- Report Structure
- Vermiculite Mining Market Characteristics
- Vermiculite Mining Market Product Analysis
- Vermiculite Mining Market Supply Chain
.
.
.
- Key Mergers And Acquisitions In The Vermiculite Mining Market
- Market Background: General Mineral Mining Market
- Recommendations
- Appendix
- Copyright And Disclaimer
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
