Feldspar Market Trend, Share, Demand, Growth Rate and Opportunity Assessment till 2028

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Market Size – USD 682.7 Million in 2020, Market Growth – at a CAGR of 6.1%, Market Trend – High feldspar demand in APAC

Global Feldspar Market Forecast to 2028

Emergen Research's Global Feldspar Market Research Report was created through an analysis of key business details and an extensive geographical spread of the Feldspar industry. The study provides comprehensive coverage of the Feldspar Market's qualitative and quantitative analysis, as well as critical statistical data about the Feldspar Market. The research study offers historical data from 2017 to 2018 as well as accurate forecasting until 2028. The report also profiles established and emerging market players, providing an overview of the company, product portfolio, strategic alliances, and business expansion strategies.

According to the most recent report by Emergen Research, the size of the worldwide feldspar market is anticipated to reach USD 1.10 billion in 2028 and exhibit a consistent CAGR throughout the projected period. Over the past ten years, the demand for feldspar has experienced significantly high growth, driven by rising new entry levels into the flat glass manufacturing business, the expansion of production facilities, and the rising production of automobiles in both established and emerging nations. Another reason driving the rise of the worldwide feldspar market's revenue is an increase in the demand for glass and ceramic from different end-use industries.

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Competitive Terrain:

The global Feldspar industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

I-Minerals Inc., Quarzwerke GmbH, Micronized South Africa Limited, Imerys, EczacıbaÅı Holding A.Å., Adolf Gottfried Tonwerke GmbH, LB MINERALS, Ltd., Sibelco, QUARTZ Corp., and Sun Minerals 

Research Report on the Feldspar Market Addresses the Following Key Questions:

  • Who are the dominant players of the Feldspar market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Feldspar market?
  • What are the key growth drivers and restraining factors of the Feldspar market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Feldspar market and its key segments?

Market Overview:

The report bifurcates the Feldspar market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Product Type Outlook (Revenue, USD Billion; Volume: Million Metric Tons; 2018–2028)
    • Plagioclase Feldspar
    • K-Feldspar
  • End-Use Outlook (Revenue, USD Billion; Volume: Million Metric Tons; 2018–2028)
    • Glass Industry
    • Ceramics Industry
    • Fillers
    • Others
  • Regional Outlook (Revenue, USD Billion; Volume: Million Metric Tons; 2018–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Russia
      2. Germany
      3. U.K.
      4. France
      5. BENELUX
      6. Italy
      7. Spain
      8. Czechia
      9. Belgium
      10. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Regional Landscape section of the Feldspar report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Findings in the Report:

  • In December 2020, Pacific Empire Minerals Corp. announced signing of a definitive agreement to grant CAVU Mining Corp. an exclusive option to earn up to a 100% interest in the Company’s 3,070-hectare Kitimat Copper-Gold Project in British Columbia, Canada. The property is rich is various mineral resources such as gold, copper, feldspar, etc.
  • The plagioclase feldspar segment is expected to register a moderate revenue CAGR throughout the forecast period. This can be attributed to growing demand for glass and ceramics products.
  • Asia Pacific registered the fastest revenue CAGR among the regional markets in the global market in 2020. Market growth is mainly driven by presence of major glass manufacturing and ceramics producing companies in countries in the region.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Feldspar market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

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