Global Feldspar Market revenue surpassed USD 1.3 Billion in 2018, and is poised to increment at a CAGR of 5% over the predefined timeframe. In recent times, continuous expansion of the construction industry in developing countries is significantly catapulting sales of feldspar.
By far, feldspar is considered the most abundant group of minerals in the earth’s crust. It encompasses a whole range of minerals and includes alumina and alkalis such as sodium oxide and potassium oxide. Today, most of the products used on a daily basis are made using feldspar - from glassware to bathtub to and bathroom floor tiles.
Increasing demand for glass and ceramic products and coatings for welding rods along with extenders and fillers in the paint industry are the major factors driving growth of the feldspar market.
Additionally, rising number of construction activities and growing need for electronics are other dynamics that are expected to augment the market growth over the forecast period, 2022 to 2032.
Feldspar is one of the major materials used in glass and ceramics industries. In glass manufacturing, feldspar is widely used as a fluxing agent - a rich source of alumina, silica, and alkali.
This fluxing agent used in ceramic and glass bodies decreases the high melting point of the main glass forming constituents. Furthermore, in ceramics industry, after clay, feldspar is the most important ingredient. It provides toughness, strength, and durability to the ceramic body.
Feldspar melts over a range of temperatures easily and it facilitates the melting of clays and quartz through suitable mixing and allows modulations in ceramic manufacturing. These factors continue to play an instrumental role in growth of the feldspar market.
However, some of the ceramics and glasses are recycled that limits the feldspar usage in their manufacturing. This, in turn, is creating a hindrance in demand for feldspar. Further, stringent government regulations and concerns over environmental impact of mining feldspar are likely to represent potential threat for feldspar market players.
Europe will remain at the forefront of the global feldspar market, accounting for close to 59% of the total revenue share. Growing production and consumption of feldspar in countries such as Germany, Italy, Spain, Poland and western parts of Russia has expected to benefit the market participants in region, in terms of raw material procurement.
The region will continue to mark a significant growth rate, in view of mounting demand for glass and ceramics in construction and automotive industries and in manufacturing of electronic sensors and medical devices.
Moreover, Germany is the major producer of feldspar and the production capacity is expected to increase in the future. Therefore, manufacturers should be looking at a period of sustained demand.
Acquisitions, R&D activities, and adoption of advanced technologies are some of the major strategies adopted by feldspar market players. In the current scenario, the market shows a high level of consolidation, with a small of manufacturers accounting for relatively large revenue share.
Competitive pricing strategy remains a key focus area of these manufacturers. For instance, in October 2019, The Quartz Corp - one of the leading feldspar feldspar market players - declared a rise in prices of feldspar on an average of 5% to 10%, effective from 1st January 2020.
This will be implemented through changes in packaging and product prices, as it is necessary to offset rising costs in labor, material, and regulatory compliance.
The global feldspar market is segmented in detail to cover all aspects of the market and provide a detailed market research insights to readers.
1. Global Market Size (US$ Mn) and Volume (Tons) Forecast by Product Type, 2014-2029
2. Global Market Size (US$ Mn) and Volume (Tons) Forecast by Application, 2014-2029
3. Global Market Size (US$ Mn) and Volume (Tons) Forecast by Region, 2014-2029
4. North America Market Value (US$ Mn) and Volume (Tons) by Country
5. North America Market Value (US$ Mn) and Volume (Tons) by Product Type
6. North America Market Value (US$ Mn) and Volume (Tons) by Application
7. Latin America Market Value (US$ Mn) and Volume (Tons) by Country
8. Latin America Market Value (US$ Mn) and Volume (Tons) by Product Type
9. Latin America Market Value (US$ Mn) and Volume (Tons) by Application
10. Europe Market Value (US$ Mn) and Volume (Tons) by Country
11. Europe Market Value (US$ Mn) and Volume (Tons) by Product Type
12. Europe Market Value (US$ Mn) and Volume (Tons) by Application
13. MEA Market Value (US$ Mn) and Volume (Tons) by Country
14. MEA Market Value (US$ Mn) and Volume (Tons) by Product Type
15. MEA Market Value (US$ Mn) and Volume (Tons) by Application
16. Asia Pacific Market Value (US$ Mn) and Volume (Tons) by Country
17. Asia Pacific Market Value (US$ Mn) and Volume (Tons) by Product Type
18. Asia Pacific Market Value (US$ Mn) and Volume (Tons) by Application
1. Global Market Size (US$ Mn) and Volume (Tons) Analysis, 2018-2029
2. Global Market Value Y-O-Y Growth Projection, 2018-2029
3. Global Market Absolute $ Opportunity Analysis, 2018-2029
4. Global Market Share and BPS Analysis by Product Type - 2018 & 2029
5. Global Market Y-o-Y Growth Projections by Product Type, 2018 - 2029
6. Global Market Attractiveness Analysis by Product Type, 2018-2029
7. Global Market Share and BPS Analysis by Application- 2018 & 2029
8. Global Market Y-o-Y Growth Projections by Application, 2018 - 2029
9. Global Market Attractiveness Analysis by Application, 2018-2029
10. Global Market Share and BPS Analysis by Region- 2018 & 2029
11. Global Market Y-o-Y Growth Projections by Region, 2018 - 2029
12. North America Market Absolute $ Opportunity, 2014 to 2018 and 2029
13. Latin America Market Absolute $ Opportunity, 2014 to 2018 and 2029
14. Europe Market Absolute $ Opportunity, 2014 to 2018 and 2029
15. Asia Pacific Market Absolute $ Opportunity, 2014 to 2018 and 2029
16. MEA Market Absolute $ Opportunity, 2014 to 2018 and 2029
17. Global Market Attractiveness Analysis by Region, 2018-2029
18. North America Market BPS Analysis by Country, 2018 & 2029
19. North America Market Y-o-Y Growth by Country, 2018 -2029
20. North America Market Attractiveness Analysis by Country, 2018
21. U.S. Market Absolute $ Opportunity, 2014 to 2018 and 2029
22. Canada Market Absolute $ Opportunity, 2014 to 2018 and 2029
23. North America Market BPS Analysis by Product Type, 2018 & 2029
24. North America Market Y-o-Y Growth by Product Type, 2018 -2029
25. North America Market Attractiveness Analysis by Product Type, 2018
26. North America Market BPS Analysis by Application, 2018 & 2029
27. North America Market Y-o-Y Growth by Application, 2018 -2029
28. North America Market Attractiveness Analysis by Application, 2018
29. Latin America Market BPS Analysis by Country, 2018 & 2029
30. Latin America Market Y-o-Y Growth by Country, 2018 -2029
31. Latin America Market Attractiveness Analysis by Country, 2018
32. Brazil Market Absolute $ Opportunity, 2014 to 2018 and 2029
33. Mexico Market Absolute $ Opportunity, 2014 to 2018 and 2029
34. Rest of Latin America Market Absolute $ Opportunity, 2014 to 2018 and 2029
35. Latin America Market BPS Analysis by Product Type, 2018 & 2029
36. Latin America Market Y-o-Y Growth by Product Type, 2018 -2029
37. Latin America Market Attractiveness Analysis by Product Type, 2018
38. Latin America Market BPS Analysis by Application, 2018 & 2029
39. Latin America Market Y-o-Y Growth by Application, 2018 -2029
40. Latin America Market Attractiveness Analysis by Application, 2018
41. Europe Market BPS Analysis by Country, 2018 & 2029
42. Europe Market Y-o-Y Growth by Country, 2018 -2029
43. Europe Market Attractiveness Analysis by Country, 2018
44. Germany Market Absolute $ Opportunity, 2014 to 2018 and 2029
45. U.K. Market Absolute $ Opportunity, 2014 to 2018 and 2029
46. France Market Absolute $ Opportunity, 2014 to 2018 and 2029
47. Spain Market Absolute $ Opportunity, 2014 to 2018 and 2029
48. Italy Market Absolute $ Opportunity, 2014 to 2018 and 2029
49. Russia Market Absolute $ Opportunity, 2014 to 2018 and 2029
50. Rest of Europe Market Absolute $ Opportunity, 2014 to 2018 and 2029
51. Europe Market BPS Analysis by Product Type, 2018 & 2029
52. Europe Market Y-o-Y Growth by Product Type, 2018 -2029
53. Europe Market Attractiveness Analysis by Product Type, 2018
54. Europe Market BPS Analysis by Application, 2018 & 2029
55. Europe Market Y-o-Y Growth by Application, 2018 -2029
56. Europe Market Attractiveness Analysis by Application, 2018
57. MEA Market BPS Analysis by Country, 2018 & 2029
58. MEA Market Y-o-Y Growth by Country, 2018 -2029
59. MEA Market Attractiveness Analysis by Country, 2018
60. GCC Countries Market Absolute $ Opportunity, 2014 to 2018 and 2029
61. Northern Africa Market Absolute $ Opportunity, 2014 to 2018 and 2029
62. Turkey Market Absolute $ Opportunity, 2014 to 2018 and 2029
63. South Africa Market Absolute $ Opportunity, 2014 to 2018 and 2029
64. Rest of MEA Market Absolute $ Opportunity, 2014 to 2018 and 2029
65. MEA Market BPS Analysis by Product Type, 2018 & 2029
66. MEA Market Y-o-Y Growth by Product Type, 2018 -2029
67. MEA Market Attractiveness Analysis by Product Type, 2018
68. MEA Market BPS Analysis by Application, 2018 & 2029
69. MEA Market Y-o-Y Growth by Application, 2018 -2029
70. MEA Market Attractiveness Analysis by Application, 2018
71. Asia Pacific Market BPS Analysis by Country, 2018 & 2029
72. Asia Pacific Market Y-o-Y Growth by Country, 2018 -2029
73. Asia Pacific Market Attractiveness Analysis by Country, 2018
74. China Market Absolute $ Opportunity, 2014 to 2018 and 2029
75. India Market Absolute $ Opportunity, 2014 to 2018 and 2029
76. Japan Market Absolute $ Opportunity, 2014 to 2018 and 2029
77. South Korea Market Absolute $ Opportunity, 2014 to 2018 and 2029
78. ASEAN Countries Market Absolute $ Opportunity, 2014 to 2018 and 2029
79. Rest of Asia Pacific Market Absolute $ Opportunity, 2014 to 2018 and 2029
80. Asia Pacific Market BPS Analysis by Product Type, 2018 & 2029
81. Asia Pacific Market Y-o-Y Growth by Product Type, 2018 -2029
82. Asia Pacific Market Attractiveness Analysis by Product Type, 2018
83. Asia Pacific Market BPS Analysis by Application, 2018 & 2029
84. Asia Pacific Market Y-o-Y Growth by Application, 2018 -2029
85. Asia Pacific Market Attractiveness Analysis by Application, 2018
The feldspar market is likely to secure a CAGR of 5% through 2032.
The feldspar market size is estimated to cross USD 2.57 Billion by 2032.
The feldspar market is likely to record a value of USD 1.58 Billion in 2022.
Europe is likely to lead the feldspar market.
Feldspar Market
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