Overview:

Potassium feldspars are aluminum silicates which contain potassium minerals. The potassium feldspar market is anticipated to showcase significant growth rate over the forecast period of 2014-2022, asserts Market Research Future (MRFR) in a detailed study.

The market growth for potassium feldspar is triggered by the ceramics and glass industries which generate the majority of the demand for the product. More than 70% of the potassium feldspar is used in the glass making industry which includes glass containers, specialty glass, flat glass, and fiberglass for home insulation.

Potassium feldspars are used in glassmaking owing to their alumina and calcium content which impart increased physical and chemical resistance to glass products. Heightened demand for glass food containers encouraged by consumer demand and government initiatives towards the use of environmentally friendly and recyclable packaging for food & beverage would potentially augment the potassium feldspar consumption by glass industry and aid in market expansion

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Competitive Landscape

Gottfried Feldspat GmbH
CVC Mining Company
Sibelco NV
Quartz Corporation
Purin Mineral Group
LB MINERALS
Minerali Industriali S.r.l
Regional Analysis:

By region, the potassium feldspar market has been segmented into Asia Pacific, North America, Europe, and the Rest of the World (RoW).

Europe accounts for the foremost share of the potassium feldspar market. The high production rate of potassium feldspar from Italy, the second largest producer of potassium feldspar after Turkey, can be credited for the expansion of Europe market. France and Spain are among the other major potassium feldspar mining and producing nation.

APAC is a significant market for potassium feldspar. End-user industries such as glass and ceramic in the region generate substantial demand for potassium feldspar. China is the largest producer of potassium feldspar in the region. India, Thailand, and Indonesia are among other key contributors.

North America, led by the US is another important growth pocket for potassium feldspar. The production of potassium feldspar increased since 2009 and had been increasing ever since then

Industry Updates

In July 2018, Pioneer Resources Ltd., a company focused on the exploration of gold, nickel, and lithium, announced its drilling results above the Sinclair Zone Caesium Deposit, the company’s 100% held project site, located in Western Australia. They confirmed a market-significant volume of potassium feldspar in the region and further indicated that several potassium feldspar reserves present at the location.

Segmentation

The potassium feldspar market has been segmented on the basis of application which comprises glass, abrasives, ceramic & tiles, enamel frits & glazes, and others.

The report about Potassium Feldspars Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance.

The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.

Intended Audiences:

Potassium Feldspars manufacturers
Traders and distributors of Potassium Feldspars
Production Process industries
Potential investors
Raw material suppliers
Nationalized laboratory