Global Feldspar Market 2015-2019
Feldspar is a combination of alumina and silica. Feldspar is made up of aluminosilicates of soda, potassium, or lime. Feldspar is known to be one of the most abundant minerals found in the earth's crust.
Technavio's analysts forecast the global feldspar market to grow at a CAGR of 4.04% over the period 2014-2019.
Covered in this report
The report covers the current scenario and growth prospects of the global feldspar market for the period of 2015-2019. To calculate the market size, the report considers volumetric sales of feldspar by:
Technavio Announces the Publication of its Research Report – Global Feldspar Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Feldspar Market: Imerys, Minerali Industriali, Sibelco, Sun Minerals and Quartz Corp
Other Prominent Vendors in the market are: CVC Mining, Eczacibasi, Kaltun Madencilik Sanayi ve Ticaret, Global Energy and Straton Mining, and Mahavir Minerals.
Commenting on the report, an analyst from Technavio’s team said: “The increased use of glass in packaging is a major trend that is likely to drive the growth of the feldspar market. This trend is gaining popularity due to the fact that materials such as plastics are toxic and are harmful if used for the packaging of food products and beverages. Soft drink manufacturers are resorting to the use of glass bottles to sell their drinks to customers. Certain companies have even started selling milk in glass bottles. Increased consumption of wine and beer is also likely to drive the growth of glass usage thereby driving the growth of the glass market.”
According to the report, the global ceramics market is growing on the back of increased infrastructural spending and better lifestyles being adopted by the people living in developed economies of the world. Both residential and commercial building constructions are on the rise. Ceramics are also used in tableware, sanitary fittings, white ware, and soft porcelain. The growth in the markets for all these allied products will drive the growth of the ceramics market, which will in turn drive the consumption of feldspar. This, as a result, will increase the revenues of the feldspar manufacturers.
Further, the report states that environmental and regulatory concerns is a restraining factor that is acting as a hurdle for the growth of the feldspar market.
ANSYS, Dassault Systèmes, Siemens PLM Software, MSC Software Altair, Aspen, Autodesk, CD-adapco, COMSOL, ESI, Exa, NEi
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