Potassium Feldspar Market By Application (Glass, Ceramic & Tiles, Enamel Frits & Glazes, Abrasives, And Others) And End-user Industry (Electric Furnace Slag, Clays, And Talc) - Global Forecast 2020 To 2025

Report Code: CMR 78652 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Potassium Feldspar Market is forecast to reach $1054.24 million by 2025, after growing at a CAGR of 3.70% during 2020-2025. Potassium feldspars are aluminum silicates that contain potassium minerals. Feldspars are divided into two main groups which are potassium feldspar and plagioclase feldspars. Potash Feldspar mineral assists the enamel composition, assuring the absence of defects and the neatness of the end product like enamel frits. Due to several industrial applications of feldspar like its usage as a raw material in the glass and ceramics industry, coating for welding rods and as extenders and fillers in the paint industry, the market for potassium feldspar is expected to grow during the forecast period.

Report Coverage

The report: “Potassium Feldspar Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Potassium Feldspar Market.


Key Takeaways

  • Potassium feldspar usage in solar glass to produce solar cells is expected to drive the market for potassium feldspar during the forecast period.
  • Increasing usage of post-consumer glass collected through local government and neighborhood recycling programs continued to provide additional competition for raw materials such as potassium feldspar in the manufacture of glass containers.
  • Feldspars also are used as fillers and extenders in applications such as plastics, paints, and rubber.

By Product Type - Segment Analysis

Clay segment held a significant share in the potassium feldspar market in 2019. In the ceramics industry, feldspar and clay are the most widely used raw materials. Feldspars weather to clays that are used to make ceramics.

Since feldspar melts gradually over a range of temperatures, it does not have a strict melting point. This greatly facilitates the melting of quartz and clays and, through appropriate mixing, allows modulations in process of ceramic making. Ground-up feldspar is mixed with clay and quartz and then fired to form a wide range of ceramic and porcelain products, from fine dinnerware and pottery to bathtubs, sinks, floor tiles, and electrical insulators.

By Application - Segment Analysis

Glass segment held a significant share in the potassium feldspar market in 2019. Potassium feldspar is an important ingredient in the manufacture of glass. It is also an important raw material, as it acts as a fluxing agent, reducing the melting temperature of quartz and helping to control the viscosity of glass. Fluxes reduce the melting temperature, so that less energy is used, and the amount of soda needed is reduced. This greatly reduces the overall production costs in glass manufacture.

However, feldspars are primarily added to glass batches for their alumina content, which improves its durability, toughness and provides greater chemical resistance. The raw material for glass consists of silica sand, limestone, and soda ash. Potassium feldspar acts as an additive to impart superior qualities to the process.

Geography - Segment Analysis

Asia-Pacific is projected to remain a dominant region with a share of 39% of the market during the forecast period, followed by Europe and North America that held a key share of the potassium feldspar market. It is the fastest-growing market for potassium feldspar due to increasing demand from emerging economies such as China and Japan. Increasing ceramics demand and the booming construction industry in the region is expected to drive the Asia Pacific market over the forecast period.

Europe is expected to register significant growth rates on account of increasing demand for ceramics and glasses in construction, electronic sensors, automotive and medical devices. A large amount of potassium feldspar reserves in Turkey, Poland and Germany are expected to benefit market participants in the region in terms of raw material procurement.

Turkey has nearly 60 different mining and metals, as well as 4,500 mineral deposits. The country is one of the leading producers and exporters of feldspar in the global market. It has large feldspar reserve, accounting for nearly 10% of the total global reserve. According to United States Geological Survey (USGS), Turkey is one of the leading producers and exporters of feldspar in the global market with nearly 60 different mining and metals, as well as 4,500 mineral deposits. It has large feldspar reserve, accounting for nearly 10% of the total global reserve due to which the potassium feldspar market is expected to have major growth in Europe during the forecast period.

Drivers – Potassium Feldspar Market

·         Increased demand for ceramics across various end use industries.

Increasing ceramics demand across major end-use industries such as electrical & electronics, construction, and medical devices is expected to be the key factor driving the global potassium feldspar market over the forecast period. The global potassium feldspar market is driven by its wide usage in the glass industry to manufacture glass, fiberglass, and specialty glass (used in the manufacture of dinnerware) and increased demand as a major raw material in the manufacture of ceramics used in bathroom fixtures, kitchen fixtures, and floor tiles.

Challenges – Potassium Feldspar Market

·         Presence of substitutes

The presence of a major substitute the material of potassium feldspars such as nepheline syenite hampers the market growth. The global demand for nepheline syenite is rising due to the rise in the adoption of nepheline in glass products due to its increased resistance to breaking and scratching. Nepheline syenite possesses low iron content which aids in the necessary whiteness of the powdered material utilized for glass and as extender pigments, fillers, and fiberglass due to which it is used as a substitute product for potassium feldspar.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the potassium feldspar market. In 2019, the market of potassium feldspar has been consolidated by the top five players accounting for xx% of the potassium feldspar market share. Major top 10 companies of potassium feldspar market are United Mining Investments Co, The QUARTZ Corp, iecam Group, Kaolin Industrial Minerals San. And Tic. Inc., Polat Maden Sanayi Ve Ticaret A.S., Imerys Seramik Hammaddeleri San.Ve Tic.A.,Kalemaden Endustriyel Hammaddeler San.Ve Tic.A.S., Gensa Kimya Sanayi Ve Ticaret A.S., Adinath Industries and CVC Mining Company among others.

Price Increase

Ø  In October 2019, The QUARTZ Corp announced they will be raising feldspar prices an average of 5% to 10% effective January 1st, 2020. The increases will be implemented through changes in packaging and product prices, and are necessary to offset rising costs in labor, materials and regulatory compliance.

 

1. Potassium Feldspar Market - Overview
        1.1 Definitions and Scope
2. Potassium Feldspar Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Potassium Feldspar Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Potassium Feldspar Market - Startup companies Scenario Premium
        4.1 Top 10 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. Potassium Feldspar Market - Industry Market Entry Scenario 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 10 companies
6. Potassium Feldspar Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        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. Potassium Feldspar Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Potassium Feldspar Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Potassium Feldspar Market - By End-User Industry (Market Size -$Million / $Billion)
9.1 Slag
9.2 Clay
9.3 Talc
10. Potassium Feldspar - By Application Type (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Glass
            10.3.2 Ceramic Tile
            10.3.3 Enamel Frits Glaze
            10.3.4 Abrasive
11. Potassium Feldspar- By Geography (Market Size -$Million / $Billion)
        11.1 Potassium Feldspar Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Potassium Feldspar- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Potassium Feldspar- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Potassium Feldspar - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Potassium Feldspar - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Potassium Feldspar Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Potassium Feldspar Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Potassium Feldspar Market - Key Company List by Country Premium
15. Potassium Feldspar Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Adinath Industry
        15.3 CVC Mining Company
        15.4 Gensa Kimya Sanayi Ve Ticaret AS
        15.5 Imerys Seramik Hammaddeleri San.Ve Tic A.S
        15.6 Kalemaden Endustriyel Hammaddeleri San.Ve Tic A.S
        15.7 Kaolin Industrial Mineral San. And Tic. Inc
        15.8 Polat Maden Sanayi Ve Ticaret AS
        15.9 Sisecam Group
        15.10 The Quartz Corp
        15.11 United Mining Investment Co
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Potassium Feldspar Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Potassium Feldspar Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Potassium Feldspar Market Size 2018
2 Canada Potassium Feldspar Market Share 2018
3 Brazil Potassium Feldspar Market Outlook 2019 - 2023
4 Mexico Potassium Feldspar Market Research 2018
5 Germany Potassium Feldspar Market Trends 2019 - 2023 
6 France Potassium Feldspar Market Growth 2019 - 2023 
7 UK Potassium Feldspar Market Demand 2019 - 2023 
8 Italy Potassium Feldspar Market Segmentation 2018
9 Russia Potassium Feldspar Market Analysis 2019 - 2023
10 China Potassium Feldspar Market Revenue 2019 - 2023
11 Japan Potassium Feldspar Market Volume 2019 - 2023
12 South Korea Potassium Feldspar Market Potential 2019 - 2023
13 India Potassium Feldspar Market Leaders 2018
14 Saudi Arabia Potassium Feldspar Market Forecast 2019 - 2023 
15 Kuwait Potassium Feldspar Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link