Feldspar is an essential mineral in igneous, metamorphic, and sedimentary rocks. The classification of a number of rocks is based upon the presence of feldspar. Feldspar is one of the most abundant terrestrial rocks, which occurs in the form of crystals. Feldspar is a group of rock minerals that make up aluminum silicate as the main mineral. In addition to aluminum silicate, other components of feldspar include potassium, soda, or lime. These rocky minerals make up 40-42% of the weight of the earth’s continental crust. Feldspars are primarily native rocks and magma. In some cases, feldspars are considered the main components of rock classification. Feldspar are essential components for the construction of stones. In fact, most of the products we use in our daily lives are made from feldspar. The classification of various rocks is based on the presence of feldspar. Feldspar is one of the most abundant rocks on earth, which occurs in the form of crystals. It is widely used in many everyday life products such as drinking glass, protection glass, fiberglass, floor tiles, shower, basins, and tableware.
Market Dynamics
Feldspar is also being used as fillers, mainly in the paint, plastic, and rubber applications. This is due to the properties such as good dispersibility, chemical inertness, stable pH, resistance to abrasion and frosting, and low viscosity. The feldspar used as fillers is fine-milled and processed. Plagioclase feldspar, mainly white feldspar is used as fillers. Fillers are used for glazing effect in paints, coatings, plastics, and other materials.
Players operating in the feldspar market are focused on increasing the mining of feldspars and their export to other countries where their demand in glass and ceramics manufacturing is high due to the rising construction activities. The companies also have existing supply contracts with glass and ceramics manufacturers in order to enhance the feldspar market. For instance, in December 2020, Pacific Empire Minerals Corp. announced signing of a definitive agreement to grant CAVU Mining Corp. an exclusive option to earn up to a 100% interest in the Company’s 3,070-hectare Kitimat Copper-Gold Project in British Columbia, Canada. The property is rich in various mineral resources such as gold, copper, feldspar, etc.
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