Feldspar Market Analysis: Fuelled by Expanding Construction and Electronics Sectors

Ammonium Phosphate Market

The global feldspar industry size is expected to grow at a CAGR of 5% over the forecast period from 2022 to 2032.  In addition, the rising need for electronics and an increasing number of construction activities are some of the other dynamics that will continue to raise the demand for feldspar. Increasing demand for glass and ceramic products, fillers in the paint industry, and coatings for welding rods are the major factors augmenting the feldspar market.

“Potassium feldspar is gaining significant traction due to strong global focus on harnessing solar energy. K-feldspar is widely used in solar glass in order to produce solar cells. Additionally, rising use of post-consumer glass gathered via local and neighborhoodgovernment recycling agendas will continue to elevate the competition for raw materials including feldspar in the glass industry,” says FMI analyst.

𝐌𝐚𝐤𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬 – 𝐀𝐜𝐜𝐞𝐬𝐬 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲! https://www.futuremarketinsights.com/reports/sample/REP-GB-2736

Feldspar Market – Key Takeaways

  • Potassium feldspar accounts for higher value share compared with plagioclase.
  • Europe holds leading revenue share in the global feldspar market; Germany will remain major producer of feldspar.
  • APEJ to offer lucrative growth opportunity tomarket players.

Feldspar Market – Key Driving Factors

  • Increasing usage of glass and ceramics in the automotive, electronics, and construction industries will continue to catapult the demand for feldspar.
  • Robust developments in the residential and commercial construction sectors will accelerate the sales of feldspar
  • Demand from manufacturers of ceramic tiles and other ceramic titles would remain the key growth driver for feldspar market.
  • Application as a fluxing agent in manufacturing of glass products continues to bolster demand for feldspar in global marker.

Feldspar Market – Key Restraints

  • Mining cost, recycling of glass and ceramics, and volatile logistics are some of the major restraints that are poised to hamper the growth of the market.
  • Stringent environmental regulations on mining of feldspar are expected to hinder the growth of the feldspar market.

To Gain More Insights about this Research, Visit! https://www.futuremarketinsights.com/reports/feldspar-market

Competitive Landscape

The feldspar market is extremely consolidated. Major frontrunners are focusing on increasing the mining of feldspar and their export to other countries where the demand for manufacturing of glass and ceramics is high. To stay ahead of the line, manufacturers are targeting to change pricing strategies. For instance, in 2019, QUARTZ Corp’s declared that they would increase the prices of feldspar by 5% to 10% since 1st January 2020.

Feldspar Market: Segmentation

The global feldspar market is segmented in detail to cover all aspects of the market and provide a detailed market research insights to readers.

By Product:

  • K-Feldspar
  • Plagioclase Feldspar

By Application:

  • Glass
  • Ceramic
  • Construction
  • Decorative
  • Electrical

By Region:

  • North America
  • Europe
  • APAC
  • Central & South America
  • MEA

Minerals & Ores: https://www.futuremarketinsights.com/industry-analysis/minerals-and-ores

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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