Feldspar Market Trend & Segmentation, By Type (Plagioclase Feldspar, and K-Feldspar), By End-Use (Glass, Ceramics, Fillers), and By Region (Europe, North America, South America, Asia-Pacific, and Middle East & Africa); Trend Analysis, Competitive Share & Forecast, 2016-26.
Published:
March 2020
Report Code:
BWC19433
Available Format:
PDF PDF Icon
Pages:
180
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Global Feldspar Market forecast and Trends

The global Feldspar market has reached 569.23 Million in 2019 and estimated to reach USD 845.3 Million in 2026 and anticipated to grow by CAGR of 5.92% during the forecast period 2020-2026. Increasing demand for Ceramic Tiles is the major driver in Feldspar Industry. Feldspar is widely used in glass and ceramic manufacturing, with the glass industry being the key end-user. The properties of Feldspar, such as chemical inertness, resistance to heat, and low melting point, have supported the growth of the feldspar market. The Ceramic segment dominated the Global Feldspar market in 2019 and is expected to remain trend during the forecast period. Increasing Feldspar's use in the manufacture of glass and ceramics around the globe is a key factor driving growth on the global feldspar market. Additionally, high investment in residential and commercial infrastructure, increased demand for Feldspar in automotive glass, and increased use of Feldspar as fillers in applications such as paints, plastics, and rubber are other factors anticipated to propel the feldspar market during the forecast period.

Global Feldspar Market: Overview

Feldspars are a group of rock-forming tectosilicate minerals that make up about 41% of the Earth's continental crust by weight. Feldspars develop from magma as veins in both intrusive and extrusive igneous rocks and are present in many types of metamorphic rock. The minerals involved in this group are the orthoclase, microcline, and plagioclase Feldspars. Feldspar is also used as fillers in various industrial applications. A product such as paints, plastics, and rubbers utilize Feldspar as extenders and fillers. Feldspar helps products such as paints, plastics, etc. to accomplish qualities such as high chemical inertness, high resistance to abrasion, excellent ability to disperse, table pH levels, high resistance to the frosting, excellent refractive index, etc.

Growth drivers

Increasing Demand for Ceramic Tiles is the major drivers in the Feldspar Industry

Ceramic tile is one of the vital materials consumed in the construction industry. Therefore, the growth of the ceramic tiles market is reliant on the rising construction expenditure, globally. The construction sector is significantly growing, mainly in APAC countries, such as China, India, and Malaysia.

The ceramic segment is estimated to have a rapid growth in the Feldspar Market

In the manufacturing of ceramics, Feldspar is the most important ingredient. Since it slowly melts over a range of temperatures, Feldspar has no specific melting point. It greatly facilitates the melting of quartz and clays and allows modulations of this critical ceramic production phase by correct mixing. Feldspars are used as fluxing agents at low temperatures to form a glassy layer and as a source of alkali and alumina in glazes. Feldspar improves the toughness, strength, and cement of the crystalline phase of other ingredients and durability of the ceramic body, softening, melting and wetting other batch constituents. Growing demand for ceramic tiles is the major driver in the Feldspar industry.

Restraints

Reduction in use of Feldspar due to Recycling of Glass and Ceramic restrict Growth of the Feldspar Market.

Feldspar is used as a fluxing agent during the manufacturing of glass and ceramics from quartz. However, the recycling of glass and ceramics reduce the usage of fluxing agent feldspar for manufacturing, which limited the growth of the feldspar market.

Global Feldspar Market: By Type

Based on System Type, Global Feldspar is segmented into Plagioclase Feldspar and K-Feldspar. The plagioclase feldspar segment is expected to lead the feldspar market during the forecast period due to its abundant occurrence as well as low cost, which will help catalyze its demand from glass and ceramic manufacturers.


Global Feldspar Market: By End-Use    

Based on End-Use, the Feldspar market is segmented Glass, Ceramic, Fillers, and Others. Ceramic tile is one of the vital materials consumed in the construction industry. Therefore, the growth of the ceramic tiles market is reliant on the rising construction expenditure, globally. The ceramics segment is expected to contribute to the highest growth rate during the forecast period due to the increase in the production of ceramic floor tiles on account of the growing construction of several residential and commercial buildings.

Global Feldspar Market: Regional insights

Based on Region, The Feldspar Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is predicted to be the fastest-growing market for Feldspar during the forecast period due to rising demand for feldspars from the region's glass and ceramics industries. China is the largest and the fastest-growing feldspar market in this region. India, South Korea, Thailand, and Malaysia are the other key feldspar markets in Asia-Pacific.


Feldspar Industry: Competitive Landscape

The major market players in the Feldspar Industry are focusing on explaining their portfolio of Service of Feldspar Industry are Eczacibasi Esan, Micronized Group, Imerys Minerals, Sibelco Nordic, The Quartz Corp., Asia Mineral Processing, El Waha Mining & Fertilizers, EP Minerals, Inc., Gimpex, I-Minerals, Mahavir Minerals, Minerali Industriali, Pacer Corporation, Sun Minerals, KMK Granit and Other Prominent Players.

The objective of the Study:

To analyze and forecast the global Feldspar market size of the, in terms of value.

To examine the careful segmentation and forecast the size, in terms value, based on the region by segmenting the Global Feldspar into five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their leading countries.

To outline, categorized, and forecast the global Feldspar market based on Type and End-Use.

To examine competitive developments like technological advancement, services, and regulative framework within the global Feldspar Market.

To highlight the impact analysis of the factors affecting the dynamics such as drivers, restraints, opportunities, and challenges.

To strategically profile the key players and comprehensively analyze their shares along with detailing the competitive landscape for leaders.

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2016-2019

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Million/Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Argentina, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product/Service Segmentation

By Type, and End-Use

Key Players

Eczacibasi Esan, Micronized Group, Imerys Minerals, Sibelco Nordic, The Quartz Corp., Asia Mineral Processing, El Waha Mining & Fertilizers, EP Minerals, Inc., Gimpex, I-Minerals, Mahavir Minerals, Minerali Industriali, Pacer Corporation, Sun Minerals, KMK Granit, and Other Prominent Players.

By Type

·         Plagioclase Feldspar

·         K-Feldspar

By End-Use

·         Glass

·         Ceramic

·         Filler

·         Other

By Region:

·         North America

·         Europe

·         Asia Pacific (APAC)

·         Latin America

·         Middle East & Africa

Business Questions answered by the report

How will the drivers, restraints, and opportunities affect the dynamics?

What will be the size in terms of value and volume and statistics with a detailed classification?

Which segment dominates the or region, and one will be the fastest-growing, and why?

A comprehensive survey of the competitive landscape and the participant players

Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

With five additional company detail analysis

Additional country analysis

Detailed segment analysis

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