Middle East K-Feldspar Market Research Report – Forecast to 2030

ME K-Feldspar Market Information, By Country/Region (Turkey, Israel, GCC, and Rest of Middle East) - Forecast Till 2030

ID: MRFR/CnM/1917-CR | May 2017 | Region: Global | 40 Pages         

1 Introduction

1.1 Market Definition 8

1.2 Scope Of The Study 8

1.2.1 Research Objectives 8

1.2.2 Assumptions 8

1.2.3 Limitations 8

1.3 Markets Structure 9

2 Research Methodology

2.1 Research Process 10

2.2 Primary Research 11

2.3 Secondary Research 11

2.4 Market Size Estimation 11

3 Report Prologue

4 Market Dynamics

4.1 Drivers 15

4.1.1 Increasing Use Of K-Feldspar In Construction Applications To Surge Demand 15

4.1.2 Substantial Automotive Sector Growth In Middle East Coupled With Use Of K-Feldspar In Automotive Glass Manufacturing 15

4.1.3 Well Positioned Middle East Ceramic Industry To Propel Demand For Ceramic Minerals 15

4.1.4 Demand For K-Feldspar From Abrasives And Electrodes Manufacturers 16

4.2 Restraints 16

4.2.1 Availability Of Suitable Alternatives In The MEA Market Is Anticipated To Restraint The Market Growth 16

4.2.2 Relatively High Cost Of Production Poses Significant Impediment To The Market Growth 16

4.3 Trends & Opportunities 17

4.3.1 Demand For White Body Tile And Granite Tile Increasing Feldspar Mining And Imports In Turkey 17

4.3.2 Significant Opportunity For The High Quality K-Feldspar Products In MEA Market 17

5 Market Pricing Analysis

5.1 Pricing Analysis 18

5.2 Global K-Feldspar Market Historical Pricing, By Region (2010–2016) 19

5.3 Global K-Feldspar Market Pricing Forecast, By Region (2016–2022) 20

6 Middle East Potassium Feldspar Market, By Country/Region

Introduction 21

6.2 Turkey 23

6.3 Israel 24

6.4 G.C.C 25

6.5 Rest Of Middle East 26

7 Company Profile

7.1 United Mining Investments Co. 28

7.1.1 Company Overview 28

7.1.2 Product/Business Segment Overview 28

7.2 The QUARTZ Corp 28

7.2.1 Overview 28

7.2.2 Product/Business Segment Overview 28

7.2.3 Financial Updates 29

7.2.4 Key Developments 29

7.3 Şişecam Group 30

7.3.1 Company Overview 30

7.3.2 Product/Business Segment Overview 30

7.3.3 Financial Updates 30

7.4 Kaolin Industrial Minerals San. And Tic. Inc 32

7.4.1 Company Overview 32

7.4.2 Product/Business Segment Overview 32

7.4.3 Financial Updates 32

7.5 POLAT MADEN SANAYI VE TICARET A.S. 33

7.5.1 Company Overview 33

7.5.2 Product/Business Segment Overview 33

7.5.3 Financial Updates 34

7.6 IMERYS SERAMIK HAMMADDELERI SAN.VE TIC.A.Ş. 35

7.6.1 Company Overview 35

7.6.2 Product/Business Segment Overview 35

7.6.3 FINANCIAL UPDATES 35

7.6.4 Key Developments 36

7.7 KALEMADEN ENDUSTRIYEL HAMMADDELER SAN.VE TIC.A.S. 37

7.7.1 Company Overview 37

7.7.2 Product/Business Segment Overview 37

7.7.3 Financial Updates 37

7.7.4 Key Developments 37

7.8 GENSA KIMYA SANAYI VE TICARET A.S. 38

7.8.1 Company Overview 38

7.8.2 Product/Business Segment Overview 38

8 Conclusion

9 List Of Tables

TABLE 1 K-FELDSPAR PRICING BY GRADES (2016) 17

TABLE 2 GLOBAL K-FELDSPAR MARKET HISTORICAL PRICE, BY REGION (2010-2016) 18

TABLE 3 GLOBAL K-FELDSPAR MARKET PRICE FORECAST, BY REGION (2020-2027) 19

TABLE 4 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY COUNTRY, 2020-2027 (‘000 MT) 21

TABLE 5 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 22

10 List Of Figures

FIGURE 1 RESRARCH PROCESS OF MRFR 9

FIGURE 2 TOP DOWN & BOTTOM DOWN APPROACH 11

FIGURE 3 FORECAST MODEL 12

FIGURE 4 MIDDLE EAST POTASSIUM FELDSPAR MARKET SNAPSHOT, BY COUNTRY/REGION, 2014-2022 13

FIGURE 5 GLOBAL K-FELDSPAR MARKET HISTORICAL PRICE (2010-2016) 18

FIGURE 6 GLOBAL K-FELDSPAR MARKET PRICE FORECAST, BY REGION (2020-2027) 19

FIGURE 7 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY REGION 20

FIGURE 8 MIDDLE EAST POTASSIUM FELDSPAR MARKET FORECAST (‘000 MT) 20

FIGURE 9 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 21

FIGURE 10 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR TURKEY, (2020-2027) (USD MILLION) 22

FIGURE 11 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR TURKEY, (2020-2027) (‘000 MT) 23

FIGURE 12 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR ISRAEL, (2020-2027) (USD MILLION) 23

FIGURE 13 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR ISRAEL, (2020-2027) (‘000 MT) 24

FIGURE 14 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR G.C.C, (2020-2027) (USD MILLION) 24

FIGURE 15 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR G.C.C, (2020-2027) (‘000 MT) 25

FIGURE 16 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR REST OF MIDDLE EAST, (2020-2027) (‘000 MT) 25

FIGURE 17 MIDDLE EAST POTASSIUM FELDSPAR MARKET FOR REST OF MIDDLE EAST, (2020-2027) (‘000 MT) 26

FIGURE 18 ŞIŞECAM GROUP: RECENT FINANCIAL 29

FIGURE 19 ŞIŞECAM GROUP: BUSINESS REVENUE MIX (2020) 30

FIGURE 20 ŞIŞECAM GROUP: GEOGRAPHIC REVENUE MIX 30

MEA K-Feldspar Market

MEA K-Feldspar Market is projected to be worth USD 191 Million by 2027, registering a CAGR of 4.2% during the forecast period (2020 - 2027).

Segmentation

Key Players

  • United Mining Investments Co.
  • The Quartz Corp
  • Sisecam Group
  • Kaolin Industrial Minerals San
  • Polat Maden Sanayi Ve Ticaret A.S.
  • Gensa Kimya Sanayi Ve Ticaret A.S.

Drivers

  • The increasing use in automotive glass manufacturing
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MEA K-Feldspar Market Overview


In terms of volume, Middle East potassium feldspar is estimated to be pegged at 850.5 ‘000 tonnes and anticipated expand at a CAGR of 3.9% over the forecast period to reach 1069.9 ‘000 tonnes by 2022 end. Moreover, in terms of value the market is slated to be valued at US$ 149.3 Million in 2016 end and is anticipated to expand at a CAGR of 4.2% over the forecast period. The market is anticipated to be valued at US$ 191 Million by 2022 end.

Potassium feldspar is a mineral compounds present in mineral form along with other feldspar minerals such as sodium feldspar. It is identified by a unique chemical registry CAS number- 068476-25-5. It consists of alumina, and alkali as a prominent constituents. Moreover, the prominent end use of K-feldspar include glass industry, ceramic industry, and enamel and frits.


The potassium feldspar market is estimated to witness significant growth over the forecast period owing to increasing use of K-feldspar in construction applications, growth in automotive sector growth along with automotive glass manufacturing, increasing demand from abrasives and electrode manufacturers, and ceramic industry growth. Among these factors, the increasing use in automotive glass manufacturing is the most prominent factor driving the market demand. The increasing automotive glass manufacturing along with growing automotive production in Middle East especially in Kingdom of Saudi Arabia, and Egypt is anticipated to bolster potassium feldspar consumption in the region. 


However, the presence of alternatives in range of potassium feldspar applications namely, sanitary ware, abrasives, ceramic ware, and fibers & glasses is estimated to be major restraining factor for the MEA market. For instance having similar strength and other physical properties, sodium feldspar is a suitable alternative for potassium feldspar in various application. Additionally, relatively higher production cost involved is also limiting market growth.


Global K-Feldspar Market, by Region 2016 (% share) Middle East K-Feldspar Market, by Region


Intended Audience



  • MEA K-Feldspar manufacturers

  • MEA K-Feldspar suppliers

  • K-Feldspar raw material suppliers & manufacturers

  • Research and development Laboratories

  • Market Research and Consulting Service Providers 


Key findings



  • Turkey is the major consumer and producer of the MEA K-feldspar market and is estimated to account for more 70% consumption in overall MEA feldspar consumption

  • The opportunity for high quality feldspar (625 mesh) is increasing in MEA market owing to increasing penetration in high-end application markets .

  • C.C. country market is anticipated to be the fastest growing market after Turkey growing with a CAGR of 3.2% over the forecast period.


Key Players for MEA 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. 


Segments:


Middle East K-Feldspar market is segmented based on country/regions as, Israel, Turkey, G.C.C., and rest of Middle East.


Regional Analysis of Global K-Feldspar market:


Turkey is the largest producer and consumer of K-Feldspar in MEA market. Turkey K-Feldspar is estimated to retain its dominance in overall market in near future. Turkey is followed by GCC market in terms of growth rate. The high growth rate of GCC K-feldspar market is attributed to increasing automotive production of countries such as Saudi Arabia and Qatar. Moreover Israel and rest of Middle East markets are estimated to witness relatively low CAGR over the forecast period.


The report for Middle East K-Feldspar market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2016: USD 149.3 Million
  • 2030 : Significant value
  •   CAGR   4.2%(2016–2022)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Country/Region
      Geographies Covered    Israel, Turkey, G.C.C., and rest of Middle East.
      Key Vendors   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.
      Key Market Opportunities

  • Increasing use of K-feldspar in construction applications
  • Growth in automotive sector growth along with automotive glass manufacturing
  •   Key Market Drivers   The increasing use in automotive glass manufacturing


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    Frequently Asked Questions (FAQ) :

    MEA K-feldspar market is expected to exhibit a CAGR of 4.2% from 2016 to 2022 in terms of revenue.

    MEA K-feldspar market can attain demand at a CAGR of 3.9% from 2016 to 2022.

    MEA K-feldspar market size can touch USD 191 million by 2022.

    MEA K-feldspar market volume can reach 1069 thousand tons by 2022.

    Applications of potassium in construction, automotive, ceramic, and manufacturing industries can drive the MEA K-feldspar market.

    Alternatives to potassium such as sodium feldspar can stunt the MEA K-feldspar market.