Feldspar Mining Market is estimated to attain US$5.143 billion by 2030, from US$3.659 billion in 2025, growing at a CAGR of 6.99%.
Feldspar can be defined as a type of aluminosilicate mineral that contains different levels of potassium, sodium, and calcium. It is among the most abundant minerals found on Earth and constitutes about 60% of the Earth's crust. Feldspar is an important source of alumina, used mostly in the glass and ceramics industries. It is also used as a mineral filler in sealants, adhesives, paints, and plastics. In ceramics manufacturing, feldspar acts as a flux, which provides the reflective property of the chinaware and ceramic tiles.
One of the major factors for the global feldspar mining market growth is expected to be the increase in the demand for glass and its products across multiple industries worldwide. Glass is among the most common and key components of multiple industries, including automotive, architectural, and furniture. The growth of these industries in the global market is expected to push the global demand for glass, eventually propelling the feldspar market. The All India Glass Manufacturers' Federation, in its report, stated that the architectural sector offers the biggest use of float glass in the global glass industry, accounting for about 45%, followed by furniture, automotive, and value-added products, accounting for 15% each.
In the automotive industry, glass plays an important role in the operations of any vehicle. Glass is used across multiple components of an automobile, such as the windscreen, windows, sunroof, and mirrors, among others. The growth in the global production of the automotive industry is forecasted to boost the market for feldspar mining.
The global production of automobiles has witnessed massive growth in the past few years, especially in the Asia Pacific region. The International Organization of Motor Vehicle Manufacturers, or OICA, in its global production report, stated that in 2023, the production of automobiles worldwide was recorded at 93.546 million. The production of automobiles globally increased significantly from about 80.004 million units produced in 2021 to about 84.830 million units produced in 2022. The agency further stated that in 2023, about 55.115 million units of automotive were produced in the Asia Oceania region, which was previously recorded at 50.021 million units in 2022. Similarly, a total of 17.753 million units of automotive were produced in the American region in 2022, which increased to 19.136 million units in 2023.
The global production of feldspar witnessed massive growth. The increasing production of feldspar worldwide can be attributed to the growing demand for products that use feldspar as critical components, like glass, ceramics, and paint & coatings.
The U.S. Geological Survey, in its 2023 Mineral Commodity Summaries, stated that the production of feldspar increased significantly in the nation. The agency stated that in 2021, a total of 380 thousand metric tons of feldspar was produced in the nation, which increased to 540 thousand metric tons in 2022. In 2023, the total production of feldspar in the nation was recorded at a thousand metric tons.
Similarly, the production of the mineral globally also witnessed massive growth. The agency recorded the total production of feldspar in 2022 at about 26,600 thousand metric tons, which increased to 27,000 thousand metric tons in 2023. In 2022, about 6,100 thousand metric tons of feldspar were produced by Turkey, one of the biggest producers of minerals worldwide, which increased to 6,200 thousand metric tons in 2023.
The major challenge to the global feldspar mining market is forecasted to be the decreasing consumption of ceramic tiles worldwide. Feldspar offers a key application in manufacturing ceramic tiles, which is used across various infrastructural projects, including residential and commercial. The decrease in the global consumption of ceramic tiles is estimated to shrink the feldspar mining market.
The Tile Council of North America, Inc., in its US Ceramic Tile market update of 2023, stated that the total consumption of ceramic tile in the US market has reduced significantly over the past few years. The organization stated that in 2021, a total of 3,113,421 sq. ft. of ceramic tile was consumed in the nation, which was reduced to 3,071,575 sq. ft. in 2022. In 2023, about 2,846,840 sq. ft. of ceramic tile was consumed in the nation's market, marking a decrease of about 7.3% from 2022.
The Asia Pacific region is estimated to attain a major share in the global feldspar mining market with the increase in the glass and ceramic manufacturing sector. This region is among the biggest producers of glass and ceramic tiles globally. Countries like India, China, Thailand, and South Korea are among the biggest producers of feldspar in the global market. The U.S. Geological Survey, in its report, stated that in 2023, China produced about 2,500 thousand metric tons of feldspar. In contrast, India produced about 450 thousand metric tons, and South Korea produced about 900 thousand metric tons of this mineral. Similarly, the Asia Pacific region is among the biggest producers of automobiles, in which glass plays a critical role in its operations. The increasing production of automobiles in the region will push the need for various types of glass, which are produced using feldspar.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
|
Feldspar Mining Market Size in 2025 |
US$3.659 billion |
|
Feldspar Mining Market Size in 2030 |
US$5.143 billion |
| Growth Rate | CAGR of 6.99% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
|
List of Major Companies in Feldspar Mining Market |
|
| Customization Scope | Free report customization with purchase |