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Global Feldspar Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ01103
Global Feldspar Market Outlook to 2029

Report Description

Feldspar is a group of light-colored, hard, glassy minerals consisting of aluminum silicates of sodium, potassium, calcium, or barium constituents of igneous, metamorphic, and sedimentary rocks. According to BlueQuark Research & Consulting, the Global Feldspar market is expected to witness a significant growth rate during the forecasted period. Factors like the use of Feldspar as a raw material for manufacturing glass, owing to its role as a fluxing agent to reduce the melting point of Quartz, are projected to drive the Global Feldspar market in the forecasted period. Further, the use of Feldspar as fillers and extenders for paints, plastics, and rubber, since it has high chemical inertness, stable pH, and abrasion resistance, is estimated to drive the Global Feldspar market in the forecasted period. Furthermore, the use of Feldspar for its ability to impart strength, toughness, and durability, cement the crystalline phase of other ingredients and soften, melt and wet other batch components is expected to drive the Global Feldspar market in the forecasted period. However, the availability of recycled glass and ceramics and the imposition of strict regulations on the mining of Feldspar are estimated to hamper the growth of the Global Feldspar market in the forecasted period.

Feldspar is utilized for the enamel glazes as it aids in enhancing the final product and omitting all the errors while maintaining the aesthetic. Enamel glazes are helpful in the production of giftware, ceramic tiles, tableware, and sanitary ware.

The Glassmaking industry is the most prominent consumer of Feldspar and is projected to drive the global market. Feldspar acts as a critical raw material for glassmaking as it acts as a fluxing agent. The use of Feldspar is to reduce the overall melting point of a given mixture, reducing the general energy requirement needed to achieve a particular melt. Further, the consumption of Feldspar is continuously shifting towards the glassmaking industry from the ceramics industry, and globally, more than one-half of the Feldspar is consumed by the glass industry. Furthermore, with the escalating demand for glass for various applications, such as solar glass for producing solar panels, beverage containers, plate glass, and fiberglass insulation for housing, the industry is bound to rise. Increasing requirement for ceramic tiles, particularly in residential and commercial construction, is predicted to boost the growth of the ceramics industry over the forecasted period. Ceramic tiles are utilized for various purposes, including flooring and walls. They are a mixture of clay and other minerals, such as sand, Feldspar, and Quartz, which are hardened by heat. Thus, the development of the ceramics industry is directly related to the development of the global feldspar market space. According to the US Geological Survey, residential building activity in the United States increased by 17% in the first few months of 2021, in contrast to the same period in 2020. Feldspar is a raw material extensively used to make plate glass, ceramic tiles, sanitary ware, and insulation. Due to low mortgage interest rates, feldspar production and sales are predicted to rise through 2022.

The Asia-Pacific region is foreseen to be the world's largest Feldspar market, with the most consumption in countries like China and India. The volume of flat glass produced in China in 2019 was 926 million weight cases, and domestic consumption reached 895 million weight cases in the same year. In addition to this, extensive use of Feldspar for manufacturing glass used in the construction industry for windows, doors, interior partitions, railings, shop fronts, and railings for stairs and balconies, among other building parts, has boosted the demand. Further, with the introduction of vitrified and porcelain tiles and the establishment of plants in countries like Malaysia, Thailand, Indonesia, Sri Lanka, and Vietnam, the demand for Feldspar for ceramics is projected to bolster. Along with it, India has the second-largest paint industry in the region. The consumption of Feldspar as a filler for the sector is predicted to provide ample growth opportunities for the Feldspar market in the area. Increasing demand for ceramic tiles globally, the rising use of Feldspar in automotive glass, and the growing construction industry in developing economies will likely boost the growth of the feldspar market during the forecast period. The rising awareness about the advantageous properties of Feldspar, such as superior properties of Feldspar, such as resistance to heat, chemical inertness, and low melting point, will further boost the growth rate of the feldspar market. Moreover, increasing automotive production and sales also accelerate market growth. Additionally, Feldspar, which acts as a fluxing agent, lowers the melting temperature of Quartz and aids in controlling glass viscosity, which is also projected to bolster the market's growth. Moreover, in India, the boom in the housing sector and government policies are fuelling strong demand for Feldspar for construction and decorative purposes, which is estimated to drive the market. Factors like these have made Asia-Pacific an important region for the Feldspar market growth.

Some of the market's key players are Eczacibasi EsanMicronized GroupImerys MineralsSibelco NordicThe Quartz Corp.LB Minerals, Ltd., and Quarzwerke GmbH, among others.

In January 2022, the Egyptian Minister of Petroleum, Tariq El-Molla, announced during the International Mining Conference in Saudi Arabia that the nation is planning to inaugurate some industrial cities in the Eastern Desert and Sinai to add value to the mineral resources, such as Feldspar.

In August 2019, Vancouver-based Hudson Resources made the first shipment of anorthosite from its White Mountain mine 80 km southeast of Sisimut.

Global Feldspar Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Feldspar market by segmenting based on the Product Type (K-Feldspar, Plagioclase Feldspar), Application (Glassmaking, Ceramics, Fillers, Pottery, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Feldspar market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Global Feldspar market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Global Feldspar Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

North America Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

United States Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Canada Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Mexico Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Europe Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Other Supporting Charts

United Kingdom Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Germany Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Italy Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

France Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Spain Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Rest of Europe Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

South America Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Brazil Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Argentina Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Rest of South America Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Asia-Pacific Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

China Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

India Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Japan Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

South Korea Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

ASEAN Countries Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Rest of Asia-Pacific Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Middle East & Africa Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Saudi Arabia Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

South Africa Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Rest of Middle-East & Africa Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Glassmaking - Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Ceramics - Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Fillers - Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Pottery - Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

Others - Feldspar Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027

  Who need this report?

  • Glass Manufacturing Companies
  • Construction Companies
  • Ceramic Tiles Manufacturers
  • Feldspar Miners
  • Suppliers, distributors of Feldspar
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Feldspar Market Outlook to 2027.pdf
Market Data - Global Feldspar Market Outlook to 2027.xls

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