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Global Feldspar and Nepheline Syenite Market Report

Further, growing demand for both the minerals from fast emerging markets such as Asia-Pacific, the Middle East, and Latin America is expected to fuel market growth over the years. Turkey and Italy were the leading producers of feldspar in the world, collectively recording a production level of about 10 Mt in 2011. China represented the third position, while Argentina, France, Korea, Thailand, Japan and Spain were the other leading producers of the mineral during 2011 Global feldspar production dropped in 2009 with an overall production figure estimated at 19,6 Mt, nearly 14 % lower than 2008 production figure. Sluggish demand for feldspar could be attributed to the decline in production. The situation however eased the following years with production levels increasing marginally. Feldspar reserves are found in select countries of the world such as India, Czech Republic, Portugal and Poland among others. Compliant with environmental requirements and regulations, nepheline syenite comprises zero VOCs (volatile organic compounds), and is highly recommended for use in solid and powder coating applications. Global economic meltdown impacted the feldspar and nepheline syenite market during 2008 and 2009, significantly reducing market revenues. However, the market showed signs of recovery in 2010 and 2011 and is projected to grow in the coming years. Primary growth drivers include ceramics, glass, fillers, adhesives, paints and others. Further, higher demand for both the minerals from the developing markets including Asia-Pacific, the Middle East, and Latin America that collectively generate a major share of revenues is expected to fuel market growth. In addition, enhanced consumption of the minerals in certain European Markets including France, Italy, and Spain is projected to expand the market further. Nevertheless, the prospects of global feldspar and nepheline syenite market are being plagued by rising prices of propane, natural gas, and fuel oil. In addition, escalating transportation costs are also hampering the vendors’ margins. Ceramics and glass industries are the major end-use markets for feldspathic minerals. In specific, the market represents the largest and fast est growing end-use segment. Increased production of ceramics, particularly in China as well as in some traditional producers such as Italy and Spain is currently presenting huge opportunities for growth. In Asia-Pacific, China represents the largest supplier of feldspar to the domestic market as well as many Southeast Asian countries while in Europe, Turkey is one of the leading suppliers. Consumption of feldspar is higher in tile producing regions such as China, Latin America, Spain, Italy and Southeast Asia. Container glass the largest segment of the glass industry, is displaying steady growth in some areas, particularly in China and South-East Asia, where the market for beer and soft drinks is expected to grow faster than in other regions. However, in other regions, glass faces competition from alternative packaging materials like plastic, coated paper and aluminum. Major players profiled in the report include Eczacibasi Esan, Gimpex Ltd., Gruppo Minerali Maffei SPA, I – Minerals Inc., Imerys SA, Incusa Industrias Del Cuarzo S.A, Matel Hammadde Sanayi ve Tic. A.Ô., Micronized Group, Monto Minerals Limited, Pacer Corporation, Sibelco Nordic AS, The Feldspar Corp., Unimin Corp., and Zemex Industrial Minerals. The report provides annual sales estimates and projections for feldspar and nepheline syenite market for the years 2009 through 2017 for the following geographic markets – USA, Canada, Japan, Europe, Asia-Pacific, Middle East and Africa, as well as Latin America. Key end-use segments analyzed include glass, ceramics, fillers, and others. Also, a six-year (2003-2008) historic analysis is provided for additional perspective (Source: GIA; 5/2012).


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