Feldspathic Minerals Market Size, Share, Opportunities, And Trends By Application (Ceramic, Glass, Fillers, Others), By Type (Plagioclase Feldspar, Potassium Feldspar), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061615152
  • Pages : 138

The feldspathic minerals market was valued at US$1,948.459 million in 2021.

Feldspathic minerals are a group of rock-forming minerals primarily composed of aluminium silicates and other elements such as sodium, potassium, and calcium. They are among the most abundant minerals in the Earth's crust, making up about 60% of its composition by weight. This means that feldspathic minerals are extremely common and can be found in various geological settings, including igneous, metamorphic, and sedimentary rocks. The most common feldspathic minerals are orthoclase, plagioclase, and microcline. They are essential components of many types of rocks, including granite, gneiss, syenite, and pegmatite. They are typically characterized by their hardness, high melting points, and distinctive cleavage patterns. Feldspathic minerals are commonly found in rocks, soils, and other geological materials. These minerals are primarily composed of aluminum, silicon, and oxygen and can also contain other elements such as potassium, sodium, and calcium. They are widely used in various industries, including construction, ceramics, glass manufacturing, and electronics.

Additionally, feldspathic minerals are used to produce ceramic tiles, sanitary ware, glass, and other building materials. The demand for these products is rising due to the increasing construction activities in developing economies, such as China, India, and Brazil. These minerals are also used as a fluxing agent in ceramics production, which helps reduce the melting point of clay and other ceramic materials. The glass industry is also a major consumer of feldspathic minerals. These minerals are used as raw materials in glass production because it enhance the toughness and durability of glass, especially in the manufacture of clear and colored glasses.

Market Drivers:

  • Increasing demand from the construction and ceramics industries

The increasing demand from the construction and ceramic industries is mainly driving the growth of the feldspathic minerals market. Due to their unique physical and chemical properties, feldspathic minerals are essential in cement, concrete, and ceramic products. In the construction industry, feldspathic minerals are primarily used as an additive in cement and concrete mixes. These minerals help to enhance the strength and durability of the resulting building materials and improve their resistance to weathering and erosion. Additionally, feldspathic minerals can also be used as a decorative component in concrete, providing a range of colors and textures that can be used to create visually appealing architectural features. By adding feldspathic minerals to ceramic formulations, manufacturers can produce stronger, more durable, and more resistant to scratches and other forms of damage.

  • Glass manufacturing sector

Feldspathic minerals play a very crucial role in the production of glass, particularly soda-lime glass, borosilicate glass, and aluminosilicate glass. In the glass manufacturing process, feldspathic minerals are primarily used as a flux, which helps lower the glass mixture's melting point. By adding feldspathic minerals to the glass mixture, manufacturers can reduce the energy required to melt the raw materials, resulting in cost savings and increased efficiency. Soda-lime glass, the most commonly used type of glass, is made by combining silica sand, soda ash, and limestone with feldspathic minerals. The resulting glass is used in various applications, including windows, bottles, and tableware. In recent years, the demand for soda-lime glass has grown significantly, particularly in the automotive sectors, which has driven the demand for feldspathic minerals.

Market Developments:

  • In May 2020, Turkish feldspar floatation innovations Arkema-Armaaz was featured in the May issue of International Mining magazine, highlighting its innovative Joint Collector Development Program (JCDP).

Asia-Pacific to show robust growth over the forecast period. 

The Asia-Pacific (APAC) region is expected to witness the highest growth in the feldspathic minerals market in the forecast period. Countries such as China, India, and Japan are at the forefront of urbanization and industrialization, which has increased demand for feldspathic minerals, particularly in the construction and ceramics industries, which are key end-use industries for these minerals. The Asia-Pacific region has a large and growing population, driving demand for consumer goods like glass products and tableware. Feldspathic minerals are essential in producing these goods, and as demand for them grows, so does the demand for feldspathic minerals. Also, there has been a significant increase in infrastructure investment in the Asia-Pacific region, particularly in countries such as China, which is driving demand for construction materials, including feldspathic minerals. The Chinese government's "Belt and Road Initiative," which aims to create a modern-day Silk Road connecting China with Europe, Asia, and Africa, is expected to drive demand for feldspathic minerals in the region.

North America accounts for a notable share of the feldspathic minerals market. The growth of the feldspathic minerals market in this region is expected to continue in the forecast period, driven by a rapidly growing population, which has led to an increase in demand for products such as glass and ceramics. Feldspathic minerals are used in various applications, such as automotive interiors, which have increased demand.

Feldspathic Minerals Market Scope:

 

Report Metric Details
Market Size Value in 2021
US$1,948.459 million
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Million
Segments Covered Application, Type, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered Imerys Ceramics, Vulcan Group, Asia Mineral Processing, Eczacibasi Holding A.S., Arkema, Global Investment Holding, The Quartz Crop, Sibelco, LB MINERALS, Sigma Aldrich
Customization Scope Free report customization with purchase

 

Market Segmentation:

  • BY APPLICATION
    • Ceramic
    • Glass
    • Fillers
    • Others
  • BY TYPE
    • Plagioclase Feldspar
    • Potassium Feldspar
  • BY GEOGRAPHY
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East And Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Feldspathic Minerals Market was valued at US$1,948.459 million in 2021.
Prominent key market players in the feldspathic minerals market include Imerys Ceramics, Vulcan Group, Asia Mineral Processing, Eczacibasi Holding A.S., and Arkema, among others.
The global feldspathic minerals market has been segmented by application, type, and geography.
The increasing demand from the construction and ceramic industries is mainly driving the feldspathic minerals market growth.
North America accounts for a notable share of the feldspathic minerals market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. FELDSPATHIC MINERALS MARKET, BY APPLICATION

5.1. Introduction

5.2. Ceramic

5.3. Glass

5.4. Fillers

5.5. Others

6. FELDSPATHIC MINERALS MARKET, BY TYPE

6.1. Introduction

6.2. Plagioclase Feldspar

6.3. Potassium Feldspar

7. FELDSPATHIC MINERALS MARKET, BY GEOGRAPHY

7.1. Introduction 

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Taiwan

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Imerys Ceramics

9.2. Vulcan Group

9.3. Asia Mineral Processing

9.4. Eczacibasi Holding A.S.

9.5. Arkema

9.6. Global Investment Holding

9.7. The Quartz Crop

9.8. Sibelco

9.9. LB MINERALS

9.10. Sigma Aldrich


Imerys Ceramics

Vulcan Group

Asia Mineral Processing

Eczacibasi Holding A.S.

Arkema

Global Investment Holding

The Quartz Crop

Sibelco

LB MINERALS

Sigma Aldrich