Feldspar and Nepheline Syenite Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034

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Feldspar and nepheline syenite are important mineral groups that are widely used in various industrial applications due to their unique chemical and physical properties. The feldspar is a group of rock forming tectosilicate minerals. The feldspar group includes minerals like orthoclase, microcline and plagioclase. These minerals are characterized by high aluminium and alkali content which makes them essential component in the manufacturing of glass ceramics and other industrial applications.

The rocks are mostly pale colored, grey or pink, and in general appearance they are not unlike granites, but dark green varieties are also known. The Nepheline syenite is a holocrystalline plutonic rock, alkaline igneous rock composed primarily of nepheline and feldspar. It lacks free silica, which makes it superior alternative in certain glass and ceramic applications.

MARKET OVERVIEW

The market valuation of feldspar and nepheline syenite market was valued at approximately USD 5.3 billion in 2023 and is projected to reach USD 8.2 billion in 2034 exhibiting a CAGR of 6.5% during the forecast period of 2024-2034. Feldspar and nepheline syenite plays a crucial role in various industries due to their unique chemical and physical properties. The market is aligned with diverse sectors, which makes it a sustainable and growing market.


GROWTH DRIVERS

The feldspar and nepheline syenite are crucial raw materials in the glass manufacturing industry that are used to improve the strength, durability, and workability of glass products. The growth in the growing demand in the glass in the automotive, construction, food and beverage and other industries drives the market towards growth. According to the U.S. Census Bureau, total construction expenditure in the country grew by 8.3% in June 2022, rising to USD 1,762.3 billion compared to June 2021. According to Forbes, EV sales are projected to rise in 2024. In the U.S., EV sales in 2024 are expected to grow y-o-y by merely 16% and in China, y-o-y growth in 2024 would be 11.1%. The glass is used in packaging beverages in food and beverage sector.

The companies involved in the food and beverage business are expanding their production with the rise in demand for packaged foods. For instance, in July 2022, PepsiCo. acquired 152 acres of land to construct a 1.2 million square foot production plant in Denver, U.S. The plant is expected to be operational by 2023. The glass is a crucial component in solar energy sector. The increasing investments in solar energy, the processed glass demand for solar panels is witnessing high growth, which, in turn, is propelling its manufacturing. For instance, in July 2022, South Korea-based Hanwha Group announced signing an agreement to procure solar glass from Canadian Premium Sand.

This procurement is for supporting Hanwha’s new manufacturing facility in the U.S., which is anticipated to have a solar energy production capacity of 3GW. The feldspar is an ingredient in ceramic industry that is used to lower the melting temperature of the mixture. It saves energy and enhances the durability of the ceramic products. According to the Tile Council of North America, Inc., the overall consumption of ceramic tiles in the U.S. was approximately 3.11 billion-square feet in 2021. This figure was 9.9% more than in 2020. This growth is attributed to the overall increase in construction activities for the development of new housing units in the U.S., coupled with the economic growth of the country. The feldspar and nepheline syenite are used as fillers and extenders in paints, plastics and rubber which enhances the product properties like durability and workability. 

According to AT Minerals Processing, the use of fillers reduces the costs of many products and often improves them. They influence rigidity, weatherability, electrical conductivity, and other characteristics of the final product. Without fillers, a variety of plastics would not be applicable for exigent applications. The feldspar and nepheline syenite are used in the production of certain types of glass and ceramics for electronics like LCD screens and semiconductors. The increasing demand for high purity material in electronic electronics manufacturing drives are market towards significant growth. According to Testbourne, high purity materials are indispensable in the semiconductor manufacturing industry. These materials serve as the foundation for the intricate processes involved in creating cutting-edge microchips and electronic components.

MARKET SEGMENTATION:

·         By Type- Powder and Granules 

·         By Application- Coatings and polymers, glass, ceramic, refractories and others

·         By Functional Fillers- plastic and rubber fillers, paint and coatings fillers, adhesive fillers and others

·         By Region- North America, Europe, Asia Pacific, Middle East and Africa, South America

Feldspar and nepheline syenite Market Segment By Type Review:

The powder feldspar and nepheline syenite are finely grounded materials typically used in industries that require a fine, uniform consistency for mixing with other another ingredient. The powder form is achieved through process such as grinding and milling which reduces the minerals to a fine particle size. The powder form is preferred in glass manufacturing for its ability to blend with other raw materials ensuring a homogeneous mixture the fine particles contribute to the smoothness and clarity to the final glass product.


The granulated feldspar and nepheline syenite are coarser materials typically produced by crushing and screening processes. The granular form is used in applications where larger particle sizes are acceptable or even preferred. They are widely used in glass manufacturing ceramics and construction materials. The granular or are often used as an aggregate in construction materials such as concrete and asphalt where they improve the materials durability and strength.

Feldspar and nepheline syenite Market Segment By Application Review:

The feldspar and nepheline syenite market is segmented by their application across various industries. Each application leverages the unique properties of this minerals, which makes them indispensable in several manufacturing processes. They are used as fillers and functional extenders in coatings and polymer formulations. These minerals enhances the mechanical properties and aesthetic qualities of the final product. They improve the durability, chemical resistance and finish of paintings and coatings.

They are crucial raw material in glass manufacturing due to their alumina and alkali content, which contributes to the glass durability and clarity. They are used in the production of bottles, jars, windows, mirrors, solar panels and etc. In the ceramics, they are used as a fluxing agent that lower the melting temperature of the mixture, enhancing the strength and durability of the final product. They're used extensively in the production of floor wall tiles and bathroom fixtures. They are used in the production of refractory materials which can withstand high temperature and are used to line furnaces, kilns and other high temperature processing equipment

Feldspar and nepheline syenite Market Segment By Functional Fillers Review:

Feldspar and nepheline syenite are incorporated into plastic and rubber formulations as fillers to enhance their mechanical strength, thermal stability and durability. These minerals help in improving the rigidity and reducing the shrinkage of plastic products. They also enhance the wear resistance of rubber compounds. They are used in the manufacturing of dashboards, bumpers and other automotive parts.

In the paint and coating industry, they are used as fillers to improve the paint’s durability, chemical resistance and finish. They also help in enhancing the viscosity and spreading properties of the coatings. They are used as fillers in adhesives to improve their mechanical properties, thermal stability and bonding strength. They are used in bonding tiles, panels, and other construction materials. They're also utilized in the production of tapes, labels and seals.

Feldspar and nepheline syenite Market Regional Analysis:

North America is a significant market driven by the factors like robust construction coupled with presence of well-established automotive sector including General Motors, Stellantis, Tesla and more. According to National Association of Home Builders, single-family housing starts nationwide are forecast to increase 4.7% this year and another 4.2% in 2025, reaching a pace of 1.3 million units. Europe is a valuable market driven by the robust and well-established automotive manufacturing hub, which are one of the major consumers of glass and well-established ceramics industry. For instance, the EU ceramics industry is a world leader in producing uniquely designed high quality ceramic products such as tiles, bricks, sanitary ware, or vitreous clay pipes, according to European Union.

Asia Pacific his eye badly growing market and dominant market driven by rapid industrialization and urbanization in countries like China and India, which fuels the demand for the market in construction, ceramics and glass manufacturing. The region is also known as the manufacturing hub for electronics and semiconductor, which drives the market towards growth. The Middle East and Africa is a promising market driven by the investments in infrastructure development. South America is another promising market driven by urbanization and industrialization.


Key Challenges:

The prices of raw materials including feldspar and nepheline syenite may be affect the market stability and profitability. The market prices for minerals may fluctuate due to changes in demand, supply chain disruptions and geopolitical factors, and more. This volatile nature may pose a challenge for the manufacturers who rely on stable prices for budgeting and planning. The supply chain disruptions may lead to days in delivery and increased cost which may impact the overall market dynamics. The factor like transportation strikes political unrest or natural disasters may significantly affect the supply chain. The availability and advancement of alternative materials like clays, electric furnace slag, feldspar-silica mixtures, pyrophyllite, spodumene, or talc may reduce the demand for the market.

Competitive Landscape:

In the highly competitive feldspar and nepheline syenite market, companies are investing heavily in research and development to innovate and improve the product and services. They are also collaborating, forming strategi partnerships, or acquiring other companies to gain access to new market segments, enhance distribution networks, and increase market share.  The recent news and development include - In September 2021, Gerresheimer announced to make the use of hybrid technology for melting glass at its plant in Lohr, France. In February 2022, Minerali Industriali, a Novara-based group, acquired Manfredini & Schianchi, a company that treats soft raw materials and dry grinds ceramic mixtures. In May 2022, CeramTec GmbH launched a new product named AIN HP, which is a relatively new high-performance substrate. This ceramic substrate is ideal for use in power converters in rail vehicle production.

Global Key Players:

·         SCR-Sibelco NV

·         I-Minerals

·         The Quartz Corp

·         Covia Holdings LLC

·         Anglo Pacific Minerals

·         Imerys

·         Pacer Minerals

·         Arrmaz Products

·         Minerali Industrali

·         FINETON Industrial Minerals Limited

·         Other Players

Attributes

Details

Base Year

2023

Trend Period

2024 – 2034

Forecast Period

2024 – 2034

Pages

215

By Type

Powder and Granules

By Application

Coatings and polymers, glass, ceramic, refractories and others

By Functional Fillers

plastic and rubber fillers, paint and coatings fillers, adhesive fillers and others

By region

North America, Europe, Asia Pacific, the Middle East and Africa, and South America

Company Profiles

SCR-Sibelco NV, I-Minerals, The Quartz Corp, Covia Holdings LLC, Anglo Pacific Minerals, Imerys, Pacer Minerals, Arrmaz Products, Minerali Industrali, FINETON Industrial Minerals Limited, Other Players

Edition

1st edition

Publication

June 2024

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