The feldspar market size has grown rapidly in recent years. It will grow from $4.96 billion in 2023 to $5.59 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The expansion witnessed in the historical period can be attributed to a rising demand for ceramic tiles, an increased need for electronic products, and growth in the glass manufacturing sector. Factors that had a detrimental impact on growth in the historic period included the effects of the COVID-19 pandemic, fluctuating prices of raw materials, and geopolitical tensions.
The feldspar market size is expected to see rapid growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be linked to the rapidly increasing demand for automotive vehicles, the expanding construction sector, and rapid urbanization. Key trends expected in the forecast period encompass innovative programs for the development of feldspar, the adoption of mining vibration screen technology, the utilization of 3D mine visualizers, the adoption of HPY sorting technology, and the development of renewable feldspar.
The anticipated growth in the feldspar mining market is expected to be driven by the increasing demand for automotive vehicles. The automotive industry, encompassing the production and sales of vehicles, relies on feldspar for automotive glass manufacturing. This critical role in the automotive sector results in a heightened demand for feldspar, aligning with the growing demand for automotive vehicles. For instance, in the first three-quarters of 2021, car registrations across the European Union increased by 6.6%, reaching 7.5 million units, according to the European Automobile Manufacturers Association. This surge in automotive demand is a key factor propelling the feldspar mining market.
The feldspar mining market is poised for growth due to the expanding construction sector. With the construction industry involved in creating, maintaining, and repairing infrastructure, residential, and non-residential buildings, feldspar plays a crucial role in manufacturing construction materials and tiles. Its applications in abrasives, adhesive bonding agents, glass fibers, enamel lacquerware, and welding rods contribute to the rising demand for feldspar in construction. A forecast by Global Construction Perspectives and Oxford Economics suggests that by 2030, global construction production is expected to increase by 85% to $15.5 trillion. This growth, driven by key contributors such as China, the United States, and India, underscores the significant impact of the construction sector on the feldspar mining market.
The historic period witnessed growth in the feldspar mining market due to the increased demand in glass manufacturing. Feldspar's role as a fluxing agent and a source of alumina, silica, and alkali in glasses, glazes, and ceramic bodies contributed to its demand in the glass manufacturing process. For example, in 2021, Glass Alliance Europe reported a 6.1% increase in glass production in Europe, reaching 39.12 million tons compared to the previous year. This surge in demand for glass manufacturing materials drove the feldspar mining market during the historic period.
Mining companies are increasingly adopting 3D mine visualizers to enhance productivity and operations planning. These visualizers generate real-time digital models of mines, offering a three-dimensional layout directly accessible to operators. Companies such as Sandvik and Komatsu provide 3D visualizer systems, enabling operators to analyze historical data, improve productivity, and identify best practices. Tech Soft 3D introduced its HOOPS Visualize in July 2021, providing powerful 3D visualization capabilities for better decision-making in mine planning and execution.
HPY sorting technology is gaining popularity as a key trend in the feldspar mining market. Companies, including Hengyu Mining in China, are introducing technologies such as HPY sorting for intelligent ore sorting equipment. This technology, based on X-ray transmission, facilitates the pre-rejection process by sorting ores, including feldspar and quartz as non-metallics, contributing to operational efficiency in the mining sector.
Major companies operating in the feldspar market report are Imerys S.A., Sibelco, Eczacıbaşı Group, Quarzwerke GmbH, The Quartz Corporation, Gimpex Ltd., Minerali Industriali, Kaltun Madencilik Sanayi ve Ticaret, LB MINERALS, Ltd., Mahaveir minerals, Hindalco Industries, Vedanta Ltd., Sun Minerals, Ceraclique, Global Minechem Corporation, Zijin Mining Group Company Limited, CMOC Group Ltd., Komatsu, Glencore, Polymetal International PLC, Amur Minerals Corporation, Jastrzębska Spółka Węglowa, KGHM, CupruMin, SGS mining and minerals, Esan, Micronized Group, RAK Ceramics, Kajaria Ceramics Limited, Ceramica Carmelo For, Pamesa Ceramica, Kohler Co., LIXIL Group Corporation, Villeroy & Boch, Duravit AG, Duratex SA, Wasit Group, Ma’aden, Syrah Resources Saudi Arabia LLC, Durer Refrakter Malzemeleri Sanayi Ve Ticaret A.S., MARMARA METAL MAMULL.TIC.A.S., United Mining Investments Co., Sisecam Group, Kaolin Industrial Minerals San.
Western Europe was the largest region in the feldspar market in 2023. The regions covered in the feldspar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the feldspar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of Feldspar are plagioclase and potassium. Plagioclase refers to any member of the series of abundant feldspar minerals characterized by light-colored, glassy, transparent to translucent, and brittle crystals. End-users of Feldspar include industries involved in glass, ceramics, and fillers. Mining methods encompass both underground mining and surface mining, utilizing various equipment such as excavators, robotic trucks, drills, breakers, and load haul dumps. Additionally, the components involved in the process comprise hardware, software, and services.
The feldspar market research report is one of a series of new reports that provides feldspar market statistics, including feldspar industry global market size, regional shares, competitors with a feldspar market share, detailed feldspar market segments, market trends and opportunities, and any further data you may need to thrive in the feldspar industry. This feldspar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The feldspar market includes revenues earned by entities by providing mining services through the froth flotation process and conventional open-pit mining method. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The feldspar market size is expected to see rapid growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be linked to the rapidly increasing demand for automotive vehicles, the expanding construction sector, and rapid urbanization. Key trends expected in the forecast period encompass innovative programs for the development of feldspar, the adoption of mining vibration screen technology, the utilization of 3D mine visualizers, the adoption of HPY sorting technology, and the development of renewable feldspar.
The anticipated growth in the feldspar mining market is expected to be driven by the increasing demand for automotive vehicles. The automotive industry, encompassing the production and sales of vehicles, relies on feldspar for automotive glass manufacturing. This critical role in the automotive sector results in a heightened demand for feldspar, aligning with the growing demand for automotive vehicles. For instance, in the first three-quarters of 2021, car registrations across the European Union increased by 6.6%, reaching 7.5 million units, according to the European Automobile Manufacturers Association. This surge in automotive demand is a key factor propelling the feldspar mining market.
The feldspar mining market is poised for growth due to the expanding construction sector. With the construction industry involved in creating, maintaining, and repairing infrastructure, residential, and non-residential buildings, feldspar plays a crucial role in manufacturing construction materials and tiles. Its applications in abrasives, adhesive bonding agents, glass fibers, enamel lacquerware, and welding rods contribute to the rising demand for feldspar in construction. A forecast by Global Construction Perspectives and Oxford Economics suggests that by 2030, global construction production is expected to increase by 85% to $15.5 trillion. This growth, driven by key contributors such as China, the United States, and India, underscores the significant impact of the construction sector on the feldspar mining market.
The historic period witnessed growth in the feldspar mining market due to the increased demand in glass manufacturing. Feldspar's role as a fluxing agent and a source of alumina, silica, and alkali in glasses, glazes, and ceramic bodies contributed to its demand in the glass manufacturing process. For example, in 2021, Glass Alliance Europe reported a 6.1% increase in glass production in Europe, reaching 39.12 million tons compared to the previous year. This surge in demand for glass manufacturing materials drove the feldspar mining market during the historic period.
Mining companies are increasingly adopting 3D mine visualizers to enhance productivity and operations planning. These visualizers generate real-time digital models of mines, offering a three-dimensional layout directly accessible to operators. Companies such as Sandvik and Komatsu provide 3D visualizer systems, enabling operators to analyze historical data, improve productivity, and identify best practices. Tech Soft 3D introduced its HOOPS Visualize in July 2021, providing powerful 3D visualization capabilities for better decision-making in mine planning and execution.
HPY sorting technology is gaining popularity as a key trend in the feldspar mining market. Companies, including Hengyu Mining in China, are introducing technologies such as HPY sorting for intelligent ore sorting equipment. This technology, based on X-ray transmission, facilitates the pre-rejection process by sorting ores, including feldspar and quartz as non-metallics, contributing to operational efficiency in the mining sector.
Major companies operating in the feldspar market report are Imerys S.A., Sibelco, Eczacıbaşı Group, Quarzwerke GmbH, The Quartz Corporation, Gimpex Ltd., Minerali Industriali, Kaltun Madencilik Sanayi ve Ticaret, LB MINERALS, Ltd., Mahaveir minerals, Hindalco Industries, Vedanta Ltd., Sun Minerals, Ceraclique, Global Minechem Corporation, Zijin Mining Group Company Limited, CMOC Group Ltd., Komatsu, Glencore, Polymetal International PLC, Amur Minerals Corporation, Jastrzębska Spółka Węglowa, KGHM, CupruMin, SGS mining and minerals, Esan, Micronized Group, RAK Ceramics, Kajaria Ceramics Limited, Ceramica Carmelo For, Pamesa Ceramica, Kohler Co., LIXIL Group Corporation, Villeroy & Boch, Duravit AG, Duratex SA, Wasit Group, Ma’aden, Syrah Resources Saudi Arabia LLC, Durer Refrakter Malzemeleri Sanayi Ve Ticaret A.S., MARMARA METAL MAMULL.TIC.A.S., United Mining Investments Co., Sisecam Group, Kaolin Industrial Minerals San.
Western Europe was the largest region in the feldspar market in 2023. The regions covered in the feldspar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the feldspar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of Feldspar are plagioclase and potassium. Plagioclase refers to any member of the series of abundant feldspar minerals characterized by light-colored, glassy, transparent to translucent, and brittle crystals. End-users of Feldspar include industries involved in glass, ceramics, and fillers. Mining methods encompass both underground mining and surface mining, utilizing various equipment such as excavators, robotic trucks, drills, breakers, and load haul dumps. Additionally, the components involved in the process comprise hardware, software, and services.
The feldspar market research report is one of a series of new reports that provides feldspar market statistics, including feldspar industry global market size, regional shares, competitors with a feldspar market share, detailed feldspar market segments, market trends and opportunities, and any further data you may need to thrive in the feldspar industry. This feldspar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The feldspar market includes revenues earned by entities by providing mining services through the froth flotation process and conventional open-pit mining method. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Feldspar Market Characteristics3. Feldspar Market Trends and Strategies32. Global Feldspar Market Competitive Benchmarking33. Global Feldspar Market Competitive Dashboard34. Key Mergers and Acquisitions in the Feldspar Market
4. Feldspar Market - Macro Economic Scenario
5. Global Feldspar Market Size and Growth
6. Feldspar Market Segmentation
7. Feldspar Market Regional and Country Analysis
8. Asia-Pacific Feldspar Market
9. China Feldspar Market
10. India Feldspar Market
11. Japan Feldspar Market
12. Australia Feldspar Market
13. Indonesia Feldspar Market
14. South Korea Feldspar Market
15. Western Europe Feldspar Market
16. UK Feldspar Market
17. Germany Feldspar Market
18. France Feldspar Market
19. Italy Feldspar Market
20. Spain Feldspar Market
21. Eastern Europe Feldspar Market
22. Russia Feldspar Market
23. North America Feldspar Market
24. USA Feldspar Market
25. Canada Feldspar Market
26. South America Feldspar Market
27. Brazil Feldspar Market
28. Middle East Feldspar Market
29. Africa Feldspar Market
30. Feldspar Market Competitive Landscape and Company Profiles
31. Feldspar Market Other Major and Innovative Companies
35. Feldspar Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Feldspar Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on feldspar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for feldspar? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Plagioclase; Potassium
2) By Mining Type: Underground; Surface Mining
Key Companies Mentioned: Imerys S.A.; Sibelco; Eczacıbaşı Group; Quarzwerke GmbH; The Quartz Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Imerys S.A.
- Sibelco
- Eczacıbaşı Group
- Quarzwerke GmbH
- The Quartz Corporation
- Gimpex Ltd.
- Minerali Industriali
- Kaltun Madencilik Sanayi ve Ticaret
- LB MINERALS, Ltd.
- Mahaveir minerals
- Hindalco Industries
- Vedanta Ltd
- Sun Minerals
- Ceraclique
- Global Minechem Corporation
- Zijin Mining Group Company Limited
- CMOC Group Ltd
- Komatsu
- Glencore
- Polymetal International PLC
- Amur Minerals Corporation
- Jastrzębska Spółka Węglowa
- KGHM
- CupruMin
- SGS mining and minerals
- Esan
- Micronized Group
- RAK Ceramics
- Kajaria Ceramics Limited
- Ceramica Carmelo For
- Pamesa Ceramica
- Kohler Co.
- LIXIL Group Corporation
- Villeroy & Boch
- Duravit AG
- Duratex SA
- Wasit Group
- Ma’aden
- Syrah Resources Saudi Arabia LLC
- Durer Refrakter Malzemeleri Sanayi Ve Ticaret A.S.
- MARMARA METAL MAMULL.TIC.A.S.
- United Mining Investments Co.
- Sisecam Group
- Kaolin Industrial Minerals San
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.59 Billion |
Forecasted Market Value ( USD | $ 8.46 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Global |