Feldspar (Plagioclase Feldspar, and K-Feldspar) Market - Global Forecast to 2022
DUBLIN, Feb. 14, 2018 /PRNewswire/ --
The "Feldspar Market by Type (Plagioclase Feldspar, and K-Feldspar), End-Use (Glass, Ceramics, Fillers), and Region (Europe, North America, South America, Asia-Pacific, and Middle East & Africa) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The feldspar market is estimated to be USD 547.0 Million in 2017 and is projected to reach USD 745.7 Million by 2022, at a CAGR of 6.4%, in terms of value, between 2017 and 2022.
The use of feldspar as a fluxing agent in glass and ceramic manufacturing industries is expected to drive the feldspar market during the forecast period.
The feldspar market has been segmented based on type into plagioclase feldspar and K-feldspar. These two types are categorized based on the inorganic minerals present in them. Sodium and potassium are the main minerals differentiating the two types. The plagioclase feldspar segment is expected to dominate the feldspar market during the forecast period due to its abundant presence as well as low cost, which will help catalyze its demand from glass and ceramic manufacturers.
Feldspar is one of the most important materials used in the manufacturing of various types of glass. The use of feldspar, which acts as a fluxing agent, reduces the melting temperature of quartz and helps in controlling the viscosity of glass. Based on end-use, the glass segment is projected to dominate the feldspar market during the forecast period. However, the ceramics segment is expected to witness the highest growth rate during the forecast period due to the increased production of ceramic floor tiles on account of the growing construction of several residential and commercial buildings.
APAC is estimated 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, Thailand, South Korea, and Malaysia are the other key feldspar markets in APAC.
Increasing population, growing urbanization, and rising investments in infrastructure projects are expected to drive the region's overall industrial growth, thereby increasing the demand for feldspars. The Make in India initiative of the Indian government will also catalyze the demand for feldspar from local glass and ceramic manufacturing industries.
Feldspar is majorly used as a fluxing agent during the manufacturing of glass and ceramics from quartz. However, the recycling of glass and ceramics has limited the growth of the feldspar market.
Some of the key players in the feldspar market include Eczacibasi Esan (Turkey), Micronized Group (South Africa), Imerys Minerals (UK), Sibelco Nordic (Norway), and The Quartz Corp. (France).
These companies focus on increasing the mining of feldspars and their export to other countries where their demand in glass and ceramics manufacturing is high due to the rising construction activities. These companies also have existing supply contracts with glass and ceramics manufacturers.
Key Topics Covered:
1. Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders
2. Research Methodology
3. Executive Summary
4. Premium Insights
4.1 Attractive Opportunities In The Feldspar Market
4.2 Feldspar Market, By Type
4.3 Feldspar Market, By End Use
4.4 Europe Feldspar Market, By End Use And Country
4.5 Feldspar Market Attractiveness
5. Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand For Ceramic Tiles
5.2.1.2 Increasing Use Of Feldspar In Automotive Glass
5.2.2 Restraints
5.2.2.1 Reduction In Feldspar Usage Due To Recycling Of Glass And Ceramics
5.2.3 Opportunities
5.2.3.1 Rising Investment In Commercial And Residential Construction
5.3 Porter's Five Forces Analysis
6 Feldspar Market, By Type
6.1 Introduction
6.2 Plagioclase Feldspar
6.3 K-Feldspar
7 Feldspar Market, By End Use
7.1 Introduction
7.2 Glass
7.3 Ceramics
7.4 Fillers
7.5 Others
8. Feldspar Market, By Region
9. Company Profiles
Ranking Of 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
Other Companies
- Mahavir Minerals
- Minerali Industriali
- Pacer Corporation
- Sun Minerals
- Kmk Granit
For more information about this report visit https://www.researchandmarkets.com/research/t9t99x/feldspar?w=5
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