Global Feldspathic Minerals Market - Forecast(2023 - 2028)

Report Code: CMR 23114 Report Format: PDF + Excel
Global Feldspathic Minerals Market size is forecast to reach $3.29 billion by 2025, after growing at a CAGR of 1.80% during 2020-2025. Feldspar is the most abundant mineral found from the earth’s crust and forms about 60% of terrestrial rock. The two properties of feldspathic minerals such as the alkali and alumina content in glazes are promoting the market growth. With increasing use of flat glass for the manufacturing of automotive windshield, use of feldspars for assembling processor and circuit in electronics, and use of feldspars as fillers and extenders for paints, plastic, and rubber has escalated the demand for Global Feldspathic Minerals Market size during the forecast period.

Report Coverage
Thereport: “Global Feldspathic Minerals Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Feldspathic Minerals Market Industry.

By Type: Feldspars and Feldspathic sand
By Mineral Type: Plagioclase Feldspars and Alkali Feldspars
By Application: Glass, Ceramics, Paints and Varnishes, Fillers, Enamel frits & glazes and Others 
By Geography: North America, Asia Pacific, Europe, Middle East & Africa, South America and Others

Key Takeaways
  • Feldspar acts as a fluxing agent which reduces the melting temperature of quartz and helps to control the viscosity of glass owing to increase in demand from the automotive sector.
  • Increasing demand of ceramics and glass from the building and automotive industries and the availability of significant quantities of feldspar in Europe is anticipated to fuel the market growth.
  • Potassium feldspar produces tiny amounts of radioactive uranium that creates radon gas that is a significant cause of lung cancer and may impede the development of the Global Feldspathic Minerals Market.
  • Due to COVID-19 palindrome and nationwide lock down of industries worldwide, the production has been stopped causing a huge hindrance in the market development.

By Type- Segment Analysis
Feldspars segment is projected to witness a higher growth in the global feldspathic minerals market during the forecast period. This growth is attributed to the growing use of Feldspars in ceramics and glass industry. Besides, most of the products used in day-to-day life are made up of feldspars such as glass used for drinking, glass for protection, fiberglass for insulation, the floor tiles, and shower basins in bathrooms.  Also, Potassium-argon dating and luminescence dating are used with feldspar. The growing developments in the residential and commercial sector across the emerging economies drives the growth of feldspars segment during the forecast period.

By Mineral Type - Segment Analysis
Among the mineral types, in 2019, the Alkali Feldspars group held the largest share in the global Feldspathic Minerals Market owing to the growing uses from residential and commercial buildings as decorative building stones because of its physical properties such as hardness and whitish line. Furthermore, the alkali feldspars occur widely in a variety of geological environment and are especially useful as petro logical markers due to their compositional and structural complexity. Orthoclase, Sanidine, Microcline, Anorthoclase are some of the alkali feldspars which contain potassium also known as K-feldspar. Whereas, the microcline is the most common potassium feldspar which tends to form at lower temperature.
By Application - Segment Analysis
Glass and glass product in the Global Feldspathic Minerals Market is projected to grow at a CAGR of 1.68% during forecast period 2020-2025, due to the growing use of feldspar as an important ingredient for glass manufacturing. The feldspar mineral has an excellent optical property that makes glass more resistant to chemicals. Whereas, to produce one ton of container glass, about 110 pounds of feldspar are used and to produce one ton of flat glass, around 100 pounds of feldspar is required. Furthermore, the growing uses of glass and glass products across various applications such as bottles and tableware and building windows drives the growth of global Feldspathic Minerals Market during the forecast period.

Geography- Segment Analysis
Europe held the largest share with 41.36% in the Global Feldspathic Minerals Market in 2019, due to the growth in the consumption of feldspars minerals in Italy, Spain, Turkey, Poland, and Russia. Feldspars produced in the EU accounts more than 70% in use of ceramic industry and rest in the glass production. Italy is one of the leading producer of feldspar minerals in the world due to the rising demand of ceramic and glass across the country. The production capacity of feldspar is expected to increase during the forecast period as the demand for feldspar mineral is growing across various end-use industries such as paints and enamel. 

Drivers –Global Feldspathic Minerals Market

  • Increasing demand of glass from automotive industries
Auto glass gives structural reinforcement to the car's windshield, in contrast to provide protection against the outside. Production market for electric motor vehicle is high and demand for flat glass items such as windshields is also growing from automobile sector. Additionally, windshields are now growing in size to suit newer aerodynamic designs, thereby growing the feldspathic minerals. Furthermore, US legislation allows car windshields to be constructed of laminated glass.  Laminated glass is made up of simply two sheets of glass which provides maximum strength and does not shatter during accidents. It is usually used in the front and rear windshield of the car.

  • Increasing demand of ceramic tiles from residential sector
Floor tiles and wall tiles are the key products of ceramic tiles. Whereas, ceramic tiles have a rough, solid surface which does not attract or retain dirt, dust, pollen or any other allergens. Additionally, Ceramic tile is easy to clean, easy to fit, easy to maintain and is affordable at reasonable price due to which it is widely used in residential buildings for flooring. Furthermore, the growing trend of interior wall decorative among the consumers drives demand for ceramic tiles as a substitute for paints and other products. Besides, the strong growth of construction industry in developing country like China and India and growing population are expected to fuel the growth of ceramic tiles market during the forecast period.

Challenges – Global Feldspathic Minerals Market

  • Effect of Feldspar Mining on Environment
Feldspar is mined usually from large granite bodies due to which the atmosphere, surface water, and ground water often get polluted by the mining operations.  Mining impacts fresh water by excessive use of water in the production of coal, and by water contamination from discharged mine effluent and flow from tailings and impoundments of waste rock.It is possible that the construction process would result in lots of mud, VOCs, and other adhesive chemicals that will endanger the health of living space. This adverse impact can be reduced by the use of low toxicity binders and other naturally occurring materials during deployment. Granite can be built using low-odor acetone and silicon-all considered environmentally friendly.

Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Global Feldspathic Minerals Market. In 2019, the market of Global Feldspathic Minerals Market Productshas been consolidated by the top five players accounting for xx% of the share. Major players are Asia Mineral Processing, Eczacibasi Holding A.S., El Waha, Imerys Ceramics, Global Investment Holdings,The Quartz Crop,Gottfried Feldspat, Kaltun Madencilik Sanayi ve Ticcaret, Sibelco, LB MINERALS, Minerali Industriali, andPaladino Mining amongothers.

Acquisitions/Technology Launches
  • In October 2019, The Quartz Corp., a key supplier of Feldspar announced increase of price on Ground Feldspar. The price change would help the Company to meet an increasing competition in the industry.

1. Global Feldspathic Minerals Market - Market Overview
    1.1 Definitions and Scope
2. Global Feldspathic Minerals Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by Mineral Type
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3. Global Feldspathic Minerals Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Global Feldspathic Minerals Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Global Feldspathic Minerals Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Global Feldspathic Minerals Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Global Feldspathic Minerals Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Global Feldspathic Minerals Market – By Type (Market Size -$Million, KT)
    8.1 Feldspars
    8.2 Feldspathic sand
9. Global Feldspathic Minerals Market – By Mineral Type (Market Size -$Million, KT)
    9.1 Alkali Feldspars
        9.1.1 Microcline
        9.1.2 Sanidine
        9.1.3 Orthoclase
    9.2 Plagioclase Feldspars
        9.2.1 Albite
        9.2.2 Oligoclase
        9.2.3 Andesine
        9.2.4 Labradorite
        9.2.5 Bytownite
        9.2.6 Anorthite
10. Global Feldspathic Minerals Market – By Applications (Market Size -$Million, KT)
    10.1 Glass
    10.2 Ceramics
    10.3 Paints and Varnishes
    10.4 Fillers
    10.5 Enamel frits and glazes
    10.6 Others
11. Global Feldspathic Minerals Market - By Geography (Market Size -$Million / KT)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Venezuela
        11.2.3 Argentina
        11.2.4 Ecuador
        11.2.5 Peru
        11.2.6 Colombia
        11.2.7 Rest of South America
    11.3 Europe
        11.3.1 U.K
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Spain
        11.3.6 Rest of Europe
    11.4 Asia Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 Australia
        11.4.4 Japan
        11.4.5 Korea
        11.4.6 Rest of Asia Pacific
    11.5 ROW
        11.5.1 Middle East
        11.5.2 Africa
12. Global Feldspathic Minerals Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Global Feldspathic Minerals Market - List of Key Companies by Country (Premium) 
15. Global Feldspathic Minerals Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
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