Feldspar Market Size to Reach USD 1.10 Billion in 2028 | Rising Demand in Glass and Ceramic Production Applications will Drive the Industry Growth, says Emergen Research

Feldspar Market Size to Reach USD 1

Vancouver, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — The global feldspar market size is expected to reach USD 1.10 Billion by 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing investments into commercial and residential construction projects and infrastructure and rising demand for ceramic tiles, glass materials, coatings, fillers, and extenders are some key factors supporting growth of the global feldspar market. Moreover, increasing real estate development activities in developing countries and rising demand for electronic products is driving demand for feldspar-based components and products and the trend is expected to continue over the forecast period.Feldspar provides alumina for improving glass hardness, durability, and resistance to chemical corrosion. Feldspar is used as a flux in the production of ceramics, and serves to lower the vitrifying temperature of a ceramic body during firing and forming a glassy phase. Feldspar can be classified into two forms, plagioclase feldspar and K-feldspar. Sodium and potassium are the two major minerals differentiating the types of feldspars. Plagioclase feldspar is mainly white in color, and is used as filler in coatings, paints, plastics, and other materials.Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample/569Some Key Findings in the Report:In December 2020, Pacific Empire Minerals Corp. announced signing of a definitive agreement to grant CAVU Mining Corp. an exclusive option to earn up to a 100% interest in the Company’s 3,070-hectare Kitimat Copper-Gold Project in British Columbia, Canada. The property is rich is various mineral resources such as gold, copper, feldspar, etc.In December 2020, Power Metals Corp. entered into an amending agreement with Exiro Minerals Corp. in order to acquire two mineral mining assets, which are Paterson Lake and Gullwing-Tot Lakes. These properties hold feldspar, lithium, and tantalum reserves.The glass industry segment accounted for largest revenue share in the global market in 2020, driven by rising demand for automotive glass in the automotive industry and increasing construction and renovation activities in commercial and residential sectors 2021-onwards.North America accounted for a significantly robust revenue share in the global market in 2020, with significantly large revenue share contribution from the market in the United States. Increasing demand for glass from the automotive industry is a key factor driving revenue growth of the market in this region.Key players operating in the market are I-Minerals Inc., Quarzwerke GmbH, Micronized South Africa Limited, Imerys, Eczacıbaşı Holding A.Ş., Adolf Gottfried Tonwerke GmbH, LB MINERALS, Ltd., Sibelco, QUARTZ Corp, and Sun Minerals.Check Our Prices@ https://www.emergenresearch.com/select-license/569For the purpose of this report, Emergen Research has segmented the global feldspar market based on type of product type, application, end-use, and region:Product Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2018–2028)Plagioclase FeldsparK-FeldsparMarketing Channels Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2018–2028)OnlineOfflineEnd-use Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2018–2028)Glass IndustryCeramics IndustryFillersOthersClick to access the Report Study, Read key highlights of the Report and Look at Projected Trends:   https://www.emergenresearch.com/industry-report/feldspar-marketRegional Outlook (Revenue: USD Billion; 2018–2028)North AmericaU.S.CanadaMexicoEuropeRussiaGermanyU.K.FranceBENELUXItalySpainCzechiaBelgiumRest of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAESouth AfricaTurkeyRest of MEATake a Look at our Related Reports:Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: sales@emergenresearch.comFacebook | LinkedIn | Twitter | BlogsRead Full Press Release: https://www.emergenresearch.com/press-release/global-feldspar-market

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