Global Feldspar Market

Feldspar Market Insights

The global feldspar market is expected to grow at a significant CAGR over the coming years. Growing construction & renovation activities coupled with the evolving automotive sector are expected to drive demand over the coming years. Focus on sustainability and use of renewable resources has increase demand for feldspar which in one of the most abundant resources on the earth’s crust.

Since aluminum is one of the constituents of feldspar, it improves resistance against chemical corrosion. Feldspar is widely used in industrial applications such as the manufacture of ceramics & glass. It is also used as a coating and filler. The increasing demand for ceramic products & glass in the automotive and construction industry is projected to foster market growth.

Feldspar Market: Product Insights

On the basis of product, the feldspar market is segmented into plagioclase and potassium feldspars. Potassium feldspar is extensively used as a fluxing agent in glass manufacturing as it reduces melting temperature. The product is used in the manufacture of scientific glass, float glass, and other products.

Plagioclase feldspars include Albite, Oligoclase, Andesine, Labradorite, Bytownite, and Anorthite. Plagioclase feldspar is widely used in the manufacture of false teeth, glass, ceramics, scouring powders, and enamel.

Feldspar Market: Application Insights

Feldspar market is segmented on the basis of application into fillers, glass, ceramic, and others. Feldspar is used as fillers in the production of fiberglass insulation, paints & coatings, plastics, plate & container glass, and tiles. Ceramic applications of feldspar include the production of tiles, crockery, sanitary ware, glazes, and tableware.

Glass is widely used in the building & construction and automotive industry. Glass applications include the manufacture of flat glass, glass wool, and hollow glass. The growing demand for glass and coatings for insulation in the construction sector is expected to augment growth. Feldspar is often transported directly in the form of sand to glass manufacturing companies and in the form of powder for ceramic and paint & coating production.

Feldspar Market: Regional Insights

The growing residential & commercial construction industry in North America and the recovering European market is expected to boost the demand for ceramic and glass over the coming years. The use of feldspar in the manufacture of these construction materials are expected to positively influence market demand. Some of the largest reserves of feldspar are located in Europe and America. Repair & renovation activities occurring in these regions are also expected to contribute to the demand for feldspar.

The Asia Pacific market is projected to grow at the highest CAGR from 2017 and 2025. Large investments made in the building & construction and infrastructure sector in countries such as China, India, Singapore, Thailand, and Malaysia are anticipated to foster market growth. Increasing foreign direct investment in these countries is expected to augment demand for feldspar in the industrial sector.

Feldspar Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase feldspar over the coming years. Some leading consumers in the market include Haldyn Glass, Elan Technology, and Saint-Gobain among others.

Feldspar Market: Competitive Landscape

Some of the major companies involved in this industry include Eczacibasi Esan, I-Minerals Inc., SP Minerals, Imerys S.A., Quarzwerke GmbH, LB MINERALS, s.r.o., The QUARTZ Corporation, Minerali Industriali, Sibelco, and Sun Minerals among others. Companies in this market are mining facilities that are engaged in continuous facility and technology upgrades to provide quality material to customers.

Please note: This is not an exhaustive list of companies profiled in the report.

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