Feldspar and Nepheline Syenite Market Intelligence and Forecast by Transparency market research 2014 - 2020
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The increase in demand from major markets such as glass, filters, adhesives and ceramics is expected to increase demand for nepheline syenite. In addition, rising demand from emerging economies of Asia Pacific and Latin America is expected to further boost demand for nepheline syenite. Furthermore, environmental regulations and compliance with hygiene standards are some of the factors which are expected to fuel the market. However, fluctuating raw material prices and availability of substitutes is expected to hamper market growth.
Europe is the largest market for feldspar and nepheline syenite followed by Asia Pacific and North America. Italy, Spain, United Kingdom, Germany, and France are the major consumers of feldspar and nepheline syenite in Europe.Asia Pacific is the fastest growing market for feldspar and nepheline syenite due to increasing demand from emerging economies. China and India are major consumers of feldspar and nepheline syenite in Asia Pacific. Latin America is also expected to be a major consumer of feldspar and nepheline syenite due to presence of established end user industries.
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The market is dominated by large and medium mining companies. Some of the key players in this market are Unimin Corporation (U.S), The Feldspar Corp (U.S.), Eczacibasi Esan (Turkey), Imerys SA (France), Pacer Corporation (U.S.), Zemex Industrial Minerals (U.S.), Gruppo Minerali Maffei SPA (Italy), Monto Minerals Limited (Australia), Sibelco Nordic AS (Norway), North Cape Minerals AS Apatit Production Association (Russia), North Cape Minerals AS (U.S.) and Fineton Industrial Minerals Ltd. (Hong Kong) among others. Companies are investing in distribution system with a focus on expansion in emerging markets. Companies are concentrating on regions such as Asia Pacific, Eastern Europe and Latin America, as demand is declining in saturated markets such as Western Europe and North America.
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