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
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.
1.1 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 / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Glass
10.3.2 Ceramic Tile
10.3.3 Enamel Frits Glaze
10.3.4 Abrasive
11. Potassium Feldspar- By Geography (Market Size -$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
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