In 2023, the volume of processed crude perlite sold to expanders in the US was 389.90 thousand metric tons. The forecast suggests a steady, albeit slow, growth from 2024 to 2028, with year-on-year increases of approximately 0.13% to 0.12%. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be around 0.13%, indicating a stable but minimal growth.

Future trends to watch for:

Potential shifts in construction and agriculture sectors driving demand for expanded perlite.
Technological advancements in perlite processing boosting efficiency.
Environmental regulations impacting mining and processing practices.
Global market dynamics influencing US import and export potential.