Middle East K-Feldspar Market is projected to be pegged at 191 Million by 2030

Pune, India, 12 May, 2017 /MRFR Press Release/- Market research future published a cooked research report on Middle East Feldspar market. The Middle East K-Feldspar market is expected to grow at a CAGR of ~4.20% during the period of 2022-2030.

Avail the in-depth table of content (TOC) & market synopsis on “The Middle East K-feldspar Market Research Report - Forecast to 2030”.

Market Highlights

Potassium feldspar is naturally found as mineral form. The chemical name for potassium feldspar is potassium aluminium silicates. Microcline and orthoclase are the most common forms. The raw mineral form is processed by industrial treatment process. The end product constitutes alumina and potassium as per the targeted application. The prominent end user industries include glass industry, ceramic industry, electrodes, and refractories. Apart from these industries, the potassium feldspar is used in major high end applications namely, sanitary ware and fillers & glazes.

The increasing use in automotive glass manufacturing along with increasing production of automobiles in Middle East is estimated to be one of the significant factor driving market demand over the forecast period. Apart from this factor, growing demand from abrasives and electrode manufacturers is also significant driver for the overall market. It is widely used in manufacturing of welding electrodes, it acts a flux and prevents aerial oxidation, and thus, protecting the molten metal, owing to its advantage it is widely used by welding electrodes manufacturers in powdered form. Apart from the electrodes, it is also used as a key element in manufacturing of mild abrasives and bonding agents for abrasive wheels. Thus, augmented demand for K-Feldspar among the electrodes and abrasives can be attributed to the K-Feldspar’s market growth.

Moreover, increasing demand of potassium feldspar in tile and granite is most coherent trend in the market. Apart from this growing demand of high quality potassium feldspar (600 mesh) owing to increasing application in high end market is estimated to be a significant trend in Middle East potassium feldspar market. The production of the high quality K-feldspar is low in the region and the imports from international markets namely U.S. and Italy are not sufficient to the demand gap. Thus, manufacturers are aiming at increasing production of high quality potassium feldspar in the region 

Major Players of Middle East K-Feldspar market:

United Mining Investments Co., The Quartz Corp, Sisecam Group, Kaolin Industrial Minerals San. And Tic. Inc., Polat Maden Sanayi Ve Ticaret A.S., Imerys Seramik Hammaddeleri San.Ve Tic.A.Ş., Kalemaden Endustriyel Hammaddeler San.Ve Tic.A.S., Gensa Kimya Sanayi Ve Ticaret A.S. are some of the key players in the MEA K-Feldspar market.

Regional Analysis:

Depending on geographic region, potassium feldspar market is segmented as: Turkey, Israel, GCC, and rest of Middle East. Among all the countries, Turkey is the leading producer and consume of K-Feldspar. Moreover, Turkey is one of the leading K-Feldspar producer after U.S. and Italy. Most of the K-feldspar production in the region is concentrated in Turkey. Turkey is followed by Israel and GCC in terms of consumption. However, the GCC market is anticipated to expand at higher growth rate.

Middle East K-Feldspar market, by Region 2015 & 2022 (% share)

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