According to a new market report published by Lucintel, the future of the feldspar market looks promising with opportunities in the glass, ceramic, pottery, construction, electronics, decorative, and filler markets. The global feldspar market is expected to grow with a CAGR of 7% from 2021 to 2026. The major drivers for this market are increasing consumption of ceramic tiles and growing demand for automotive glass.
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In this market, different types of feldspar, such as plagioclase feldspar and k-feldspar, are used in a wide range of industries. Lucintel forecasts that plagioclase feldspar will remain the largest segment over the forecast period due to increasing demand from glass and ceramic manufacturers to use plagioclase feldspar as flux to lower the melting temperature of ceramics and glass, abundance presence, and low cost availability.
Within the feldspar market, glass will remain the largest application segment during the forecast period due to rising production of automotive vehicles and electronics and growing infrastructure of the developing countries.
Europe will remain the largest region in the forecast period due to heavy demand from the automotive industry, electronic sensors, and medical devices and growth in the commercial and residential construction industries.
Eczacibasi Esan, Micronized Group, Imerys Minerals, Sibelco Nordic, and The Quartz Corp. are among the major feldspar manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global feldspar market by type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Feldspar Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global feldspar market by type, application, and region as follows:
By Type [Kilotons and $M shipment analysis for 2015 – 2026]:
Plagioclase Feldspar
K-Feldspar
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Glass
Ceramics
Pottery
Fillers
Construction
Decorative
Electronics
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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