DUBLIN--(BUSINESS WIRE)--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 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.
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.
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.
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.
Companies Mentioned
- Asia Mineral Processing
- Eczacibasi Esan
- El Waha Mining & Fertilizers
- EP Minerals, Inc.
- Gimpex
- I-Minerals
- Imerys Minerals
- KMK Granit
- Mahavir Minerals
- Micronized Group
- Minerali Industriali
- Other Companies
- Pacer Corporation
- Sibelco Nordic
- Sun Minerals
- The Quartz Corp.
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6 Feldspar Market, By Type
7 Feldspar Market, By End-Use
8. Feldspar Market, By Region
9. Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/7tr9w7/global_feldspar?w=4
