Ceramic and Glass Industries Shape Consumption Trends in the Global Feldspar and Nepheline Syenite Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Feldspar and Nepheline Syenite markets. The global market for Feldspar and Nepheline Syenite is forecast to reach 13.9 million metric tons by the year 2017, encouraged by the sustained increase in demand from major end-use markets of glass, ceramics, fillers, adhesives and others. 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.

Feldspar and Nepheline Syenite: A Global Strategic Business Report

Follow us on LinkedIn – Feldspar is the most abundant group of minerals in the earth's crust, forming about 60% of terrestrial rocks. Turkey and Italy were the leading producers of feldspar in the world, collectively recording a production level of about 10 million metric tons 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 million metric tons, 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 for Feldspar and Nepheline Syenite 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 for Ceramics represents the largest and fastest 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.

Europe backed by enhanced consumption and production from select markets of Italy, Turkey, France and Spain is positioned as the largest worldwide consumer, as stated by the new market research report on Feldspar and Nepheline Syenite. Asia-Pacific constitutes a major market for feldspar and nepheline syenite, both in terms of sheer size as well as growth potential. The region, spurred by intense demand from China, Thailand, Korea and India, is poised to demonstrate a CAGR of 3.6% over the analysis period.

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 research report titled “Feldspar and Nepheline Syenite: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the feldspar and nepheline syenite markets, current market trends, product overview, end-use application, recent industry activity, and profiles of major/niche global as well as regional market participants. 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 – US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and 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.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Feldspar_and_Nepheline_Syenite_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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