Feldspar Industry Size, Share, Demand & Growth by 2028
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. The global feldspar
industry is expected to grow at a CAGR of 5.5% over the forecast period from 2019 to
2029. 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.
“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.
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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.

Germany’s feldspar market was valued more than US$ 12 Million in 2019.

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.
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.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
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nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
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institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
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