Increasing ceramics demand across major end-use industries such as construction, electrical & electronics, and medical devices is expected to be the key factor driving the global nepheline syenite market over the forecast period. Increasing glass demand in end-use segment is likely to propel the market growth. Nepheline syenite, like feldspar, when added to ceramics and glass products lowers the melting temperature of ceramics mixture and increase resistance to scratching and breaking of glass respectively. The growing ceramic & glass industry on account of surging demand from end-use industries is expected to drive the global nepheline syenite market over the next six years. Increasing nepheline syenite application in end-use products such as refractories, pigments & fillers, construction facades, and countertops is further anticipated to have a positive impact on the global nepheline syenite market. Increasing prices of propane, natural gas, and fuel oil in along with escalating transportation costs is expected to hinder the market growth over the foreseeable period.
Europe is a major regional market with its high consumption in countries such as Italy, Spain, Germany, and France. The U.K., France, Portugal, Sweden, and Finland are major nepheline syenite resourcing markets in the region. Increasing ceramics demand in the region is expected to drive the European market over the forecast period. Asia Pacific is expected to register significant growth rates on account of increasing demand for ceramics and glasses in construction, electronic sensors, automotive, and medical devices. Emerging economies in the region such as China and India are expected to account for maximum nepheline syenite demand. A large amount of nepheline syenite reserves in India, China, and Tasmania is expected to benefit market participants in the region in terms of raw material procurement. Increasing ceramics production in China is expected to benefit the Asia Pacific market in terms of production.
The global nepheline syenite market is dominated by major players. While regional markets are dominated by small and medium-scale companies. Some of the key players operating in the market globally include Apatit Production Association, North Cape Minerals AS, The Feldspar Corp., Eczacibasi Esan, Unimin Corp., Imerys SA, Gruppo Minerali Maffei SpA, Monto Minerals Ltd., Pacer Corp., Zemex Industrial Minerals, Sibelco Nordic AS, and Fineton Industrial Minerals Ltd.
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