The rising global demand for ceramic tiles, the increasing usage of feldspar in vehicle glass, and the expanding construction sector in emerging countries are all factors that will likely drive the feldspar market's expansion over the projected period. Increased investment in residential and commercial construction, on the other hand, will aid to fuel a range of chances for the feldspar market to develop throughout the projected period of 2021-2030. Feldspar is an important component in the manufacture of numerous types of glass. The use of feldspar as a fluxing agent reduces the melting temperature of quartz and assists in the control of glass viscosity. The alkali component of feldspar functions as a fluxing agent, lowering the temperature of the glass and making it an excellent melting agent. Mining costs, glass and ceramic recycling, and variable logistics are some of the primary limitations that are anticipated to stymie market expansion. Moreover, strict environmental laws on feldspar mining are projected to stymie market expansion. Nevertheless, changes in logistics and mining costs may impede the feldspar sector over the forecast period.
According to Coherent Market Insights, Global Feldspar Market was valued at US$ 564.69 Million in 2021 in terms of revenue, exhibiting a CAGR of 5.84 % during the forecast period (2022 to 2030).
Prominent Companies in the Feldspar Industry:
1. I-Minerals Inc.
I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States. The company develops quartz, potassium feldspar, halloysite, kaolinite, and metakaolin deposits. I-Minerals Inc. was incorporated in 1984 and is headquartered in Vancouver, Canada. I-Minerals Inc. is pleased to announce that it has entered into a Stock Purchase Agreement dated September 14, 2022 with BV Lending, LLC, an Idaho limited liability company and the Company’s subsidiary, i-minerals USA, Inc. an Idaho company that owns the leases that comprise the Helmer-Bovill Property, (the “Stock Purchase Agreement”), pursuant to which the Company has agreed to sell all of the issued and outstanding common shares of i-minerals USA to BV Lending
2. Quarzwerke GmbH
Quarzwerke is a company engaged in the mining and processing of industrial minerals, processing and refining of industrial minerals. Headquartered in Frechen, Nordrhein-Westfalen, Germany, founded in 1884.
3. Eczacibasi Esan
Eczacibasi Yatirim Holding Ortakligi A.S. engages in the manufacture and sale of bathroom and kitchen products. The company was incorporated in 1973 and is based in Istanbul, Turkey. Eczacibasi Yatirim Holding Ortakligi A.S. is a subsidiary of Eczacibasi Holding. On Dec. 6, 2021 Esan Eczacibasi Endustriyel Hammaddeler Sanayi Ve Tİcaret Anonim Şirketi ("ESAN") announced that it has entered into a subscription agreement (the "Subscription Agreement") with Pasofino Gold Limited (TSX-V: VEIN) ("Pasofino") pursuant to which ESAN has agreed to subscribe for 8,225,092 common shares ("Common Shares") of Pasofino in a non-brokered private placement
4. Micronized Group
Since 1972, Micronized has established itself as an international supplier of quality minerals to diverse sectors, including paint and coatings, glass, plastics, rubber, automotive, ceramics, adhesives, paper, cosmetics and pharmaceuticals. In 2020
Pegmin and Micronized Johannesburg jointly invest in proprietary Mica separation and milling facilities to become South Africa’s sole producer of milled Mica products. SA industry will have access to world class mica products at competitive SA mineral prices. Micronized Grahamstown invests in Rotary Drying capabilities in order to launch the new Kaolin FF product. Kaolin FF is a very low moisture (<1%) and Free Flowing Kaolin that was previously imported into South Africa largely for Agricultural usages.
5. Imerys Minerals
Imerys S.A. provides mineral-based specialty solutions for various industries worldwide. The company operates in Performance Minerals and High Temperature Solutions segments. The company was incorporated in 1880 and is headquartered in Paris, France. Imerys S.A. is a subsidiary of Belgian Securities BV.
6. Sibelco Nordic
SCR-Sibelco N.V. engages in the production and supply of industrial minerals in North America, South America, Asia, Australia, and Europe. It offers silica minerals, including wet sand, dry sand, cristobalite, silica flour, frac sand, filtration sand, high purity quartz, spherical silica, and coated sands; clay minerals, such as ball clay, red clay, kaolin, prepared bodies, and diatomite; and feldspathic minerals consisting of lumps, chips, sand, flour, and nepheline syenite sand and flour. The company was founded in 1872, headquartered in Belgium. On December 2022, Sibelco announced that it has acquired Kremer Zand en Grind (KZG), a Dutch producer of wet, dried and calibrated silica sand and gravel. The acquisition of Kremer is fully aligned with the Sibelco 2025 strategy and Sibelco’s vision to become the global leader in silica sand. The acquisition will expand Sibelco’s customer base and extends Sibelco’s silica sand reserves and resources in Western Europe.
7. The Quartz Corp.
Quartz Mountain Resources Ltd. operates as a mineral exploration company in British Columbia, Canada. The company explores for gold, silver, and copper deposits. It holds a 100% interest in Maestro property comprising ten mineral claims covering approximately 1,540 hectares located near Houston, British Columbia. It also has a mineral claims purchase agreement with United Mineral Services Ltd. to acquire a 100% interest in the Jake mineral property that comprising four staked claims; and an option to purchase a 100% interest in five adjacent claims located to the north of Smithers, northwestern British Columbia. Quartz Mountain Resources Ltd. was incorporated in 1982 and is headquartered in Vancouver, Canada.
8. Adolf Gottfried Tonwerke GmbH
ADOLF GOTTFRIED TONWERKE GMbH manufactures clay. The Company offers chamottes, soapstones, and ceramic bodies. ADOLF GOTTFRIED TONWERKE serves customers in Germany. The company was founded in 1921.
9. LB MINERALS, Ltd.
LB MINERALS, s.r.o. is engaged mainly in mining, treatment and processing of kaolin, clays, feldspars and aggregates. It also ensures selling other own products, such as filter kieselguhr, litter and plasters. The company wa founded in 1996, headquartered in the Czech republic.
10. Sun Minerals
Sun Minerals manufacturer and exporter of Non Metallic Minerals in Rajasthan India, manufacturer and exporter Minerals in India, Quartz Powder in India, founded in 1990. On November 2020, Mithril Resources Limited announced that it has entered into a binding terms sheet to acquire all the issued share capital of Sun Minerals Pty Ltd.
*Defintion- Feldspars are a class of aluminium tectosilicate minerals that may form rocks and include sodium, calcium, potassium, or barium. Plagioclase (sodium-calcium) feldspars and alkali (potassium-sodium) feldspars are the most prevalent members of the feldspar group.
