About Pumice
Pumice is a very porous frothlike volcanic glass that is widely used in cleaning, polishing, and lightweight construction products. In ancient Chinese medicine, it is used with ground mica and fossilized bones added to teas to calm the spirit, which is used to treat dizziness, nausea, insomnia, and anxiety disorders. Other than the construction and cleaning products, it is highly utilized in horticulture and gardening to improve the quality of soil due to its porous properties.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ina Minerals (Turkey), Agrosan (Turkey), CR Minerals (United States), Armisum (Spain), Europomice S.r.l. (Italy), Beaver Pumice (United States) and Hess Pumice Products (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pumice market by , Application (Medicine, Personal Care, Cleaning Products, Water Filtration Systems, Horticulture and Construction) and Region.
On the basis of geography, the market of Pumice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Solid will boost the Pumice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Pumice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, CR Minerals, a leading manufacturer of pumice products and other construction materials announced the plant expansion in Pueblo, United States. The plant focuses on manufacturing patented remediated fly ash and other products that can be utilized in construction and oil & gas industries. The expansion has increased the production output of CR Minerals by more than triple.
Market Drivers
- Increasing Demand of Lightweight Construction Material Such as Concrete Block and Concrete
- Use of Pumice in Horticulture and Household Cleaning Products
Opportunities
- Growing Installation of Water Filtration Systems Will Create Opportunities for the Market
Restraints
- Implementation of Stringent Regulations by Government Related to Mining
Challenges
- High Production Cost Due to Increasing Fuel Prices Thereby Increased Transportation Cost
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Pumice Manufacturers, Suppliers and Distributors of Pumice, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.