Market Challenges And Opportunities

Drivers

The dynamics of the glass and ceramics industries have a significant impact on market growth. The product's unique chemical ingredients, such as potassium oxide, sodium oxide, and alumina, play an important role in promoting its use in the glass and ceramics industries. The product is primarily utilized in glassmaking and ceramics filler applications in its ground form ranging from 20 mesh to 200 mesh. Over the last decade, China's demand for feldspar has increased significantly. The product's alumina component provides exceptional corrosion resistance, while alkalis provide heat resistance. The substance is widely utilized in glassmaking due to its great characteristics.

Market Restraints

Mining cost, recycling of glass and ceramics, and volatile logistics are some of the major restraints that are likely to hamper the growth of the market. Moreover, stringent environmental regulations on mining of feldspar are expected to hinder the growth of the feldspar market. Nevertheless, changes in logistics and mining expenses could hamper the feldspar industry throughout the estimated period.

Feldspar Market Report Snapshots