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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Feldspars Market size was valued at US$ 778.2 million in 2023 and is poised to grow at a CAGR of 6.7% from 2024 to 2030. Feldspar is any group of aluminosilicate minerals that contain calcium, sodium, or potassium. It has resistance to heat, chemical inertness, and a low melting point. Feldspar is valued for its high alumina and alkali content, feldspars are used across a range of industrial applications including ceramics, glass, coatings & polymers. The superior property of feldspar, increasing demand for ceramic tiles, and rising use of feldspar in automotive glass and various industries are boosting the global market at a significant rate. Global players like Sibelco are continuously influencing the market through mergers and acquisitions.
Moreover, rising investment in commercial and residential construction is fuelling global market growth. According to US data, the construction industry in the US has an average annual expenditure of $1,231 billion. In 2019, the construction industry generated $2 trillion in revenue in the US. Potassium feldspars have various applications like glass, clay and tiles, lacquer frits and frosts, abrasives, and others. However, global awareness about recycling and the presence of a significant substitute, for example, nepheline syenite will be the key restraint for the global feldspars market. Increasing recycling of glass and ceramics will hinder market growth.
In April 2022, Sibelco announced a tender offer for 100% of Polish glass recycler Krynicki Recykling's shares.
Study Period
2024-2030Base Year
2023CAGR
6.7%Largest Market
North AmericaFastest Growing Market
North America
Increasing investment in the market will boost the global market growth of the market. For instance, according to International Trade Administration, the Public Authority for Mining (PAM) of the Oman Government reported goals to dedicate 15 to 20 pre-endorsed mining blocks in 2020. Global key players like Sibelco, Quartz Corporation, Minerali Industriali, LB MINERALS, etc. are also investing in this industry to capture lots of business opportunities in the ceramic and glass industry.
Asia Pacific is likely to hold a significant revenue share in 2023, and, in the following years, it is predicted to dominate the market in the upcoming years. This is due to the growing demand in the ceramic industry, rising building and construction industry, and growing demand in the potassium feldspar market in this region.
Europe held a major market share in 2021 and is expected to maintain its position with a significant CAGR in the forecasted years. Italy and Turkey are the largest producers of mined products in the European region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 778.2 million |
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Market CAGR |
6.7% |
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By Product Type |
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By End User |
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By Region |
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The global feldspars market size was valued at US$ 778.2 million in 2023 and is poised to grow at a CAGR of 6.7% from 2024 to 2030.
The key players in the market are Sibelco, Quartz Corporation, Minerali Industriali, LB MINERALS, CVC Mining Company, Purin Mineral Group Company, I-Minerals Inc., Quarzwerke GmbH, Micronized South Africa Limited, Imerys, Sun Minerals.
North America is the fastest-growing region for the market
| 1. Executive Summary |
| 2. Global Feldspars Market Introduction |
| 2.1. Global Feldspars Market Taxonomy |
| 2.2. Global Feldspars Market Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By End User |
| 2.2.3. By Region |
| 3. Global Feldspars Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Feldspars Market Dynamic Factors - Impact Analysis |
| 3.6. Global Feldspars Market Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Feldspars Market, By Product Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1. Plagioclase Feldspar |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Alkali Feldspar |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Feldspars Market, By End User, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1. Glassmaking |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Ceramics |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pottery |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Feldspars Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Region, 2024-2030 |
| 8. North America Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Plagioclase Feldspar |
| 8.1.2. Alkali Feldspar |
| 8.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Glassmaking |
| 8.2.2. Ceramics |
| 8.2.3. Pottery |
| 8.2.4. Others |
| 8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2024-2030 |
| 8.5. North America Feldspars Market Dynamics Trends |
| 9. Europe Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Plagioclase Feldspar |
| 9.1.2. Alkali Feldspar |
| 9.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Glassmaking |
| 9.2.2. Ceramics |
| 9.2.3. Pottery |
| 9.2.4. Others |
| 9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Rest of Europe |
| 9.4. Europe Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2024-2030 |
| 9.5. Europe Feldspars Market Dynamics Trends |
| 10. Asia-Pacific Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Plagioclase Feldspar |
| 10.1.2. Alkali Feldspar |
| 10.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Glassmaking |
| 10.2.2. Ceramics |
| 10.2.3. Pottery |
| 10.2.4. Others |
| 10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2024-2030 |
| 10.5. Asia-Pacific Feldspars Market Dynamics Trends |
| 11. Latin America Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Plagioclase Feldspar |
| 11.1.2. Alkali Feldspar |
| 11.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Glassmaking |
| 11.2.2. Ceramics |
| 11.2.3. Pottery |
| 11.2.4. Others |
| 11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Rest of Latin America |
| 11.4. Latin America Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2024-2030 |
| 11.5. Latin America Feldspars Market Dynamics Trends |
| 12. Middle East and Africa Feldspars Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Plagioclase Feldspar |
| 12.1.2. Alkali Feldspar |
| 12.2. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Glassmaking |
| 12.2.2. Ceramics |
| 12.2.3. Pottery |
| 12.2.4. Others |
| 12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. South Africa |
| 12.3.3. Rest of MEA |
| 12.4. MEA Feldspars Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2024-2030 |
| 12.5. MEA Feldspars Market Dynamics Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Key Product Types, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Sibelco |
| 13.2.2. Gottfried Feldspat |
| 13.2.3. Quartz Corporation |
| 13.2.4. Minerali Industriali |
| 13.2.5. LB MINERALS |
| 13.2.6. CVC Mining Company |
| 13.2.7. Purin Mineral Group Company |
| 13.2.8. I-Minerals Inc. |
| 13.2.9. Quarzwerke GmbH |
| 13.2.10. Micronized South Africa Limited |
| 13.2.11. Imerys |
| 13.2.12. Sun Minerals |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.