Key players of the market include SCR Sibelco NV, 3M Company, and Anglo Pacific Minerals Ltd., among others. The market for nepheline syenite reached a volume of 5062 thousand metric tons in 2020. The industry is further expected to grow with the rising demand for glass and ceramics.
Increasing ceramics demand across major end-use industries, such as construction, electrical and electronics, and medical devices is expected to be the critical factor driving the global nepheline syenite market over the forecast period. The increasing glass demand in the 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 increases resistance to scratching and breaking of glass, respectively. Therefore, the growing ceramic and 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.
Along with this, an increasing nepheline syenite application in end-use products, such as refractories, pigments and fillers, construction facades, and countertops is further anticipated to impact the global nepheline syenite market positively. However, increasing propane, natural gas, rising fuel oil prices and escalating transportation costs are expected to hinder the market growth over the foreseeable period.
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Europe is the largest market for feldspar and nepheline syenite, followed by the Asia Pacific and North America. Italy, Spain, United Kingdom, Germany, and France are the primary consumers of feldspar and nepheline syenite in Europe. The Asia Pacific is the fastest-growing market for feldspar and nepheline syenite due to increasing demand from emerging economies. China and India are significant consumers of feldspar and nepheline syenite in the Asia Pacific. Latin America is also expected to be a substantial consumer of feldspar and nepheline syenite due to the presence of established end-user industries.
Headquarters: Antwerp, Belgium
SCR Sibelco NV operates in the extraction, production, and distribution of sand and minerals. The company refines silica sands and flour used to produce windowpanes, mirror glass, bottles, textile fibres, lab glass, LCD screens, table glass, and glass wool. Sibelco delivers solutions for society and supports the progress of modern life, from drinking water sanitation to solar technology and from flame retardants to smartphone screens.
Headquarters: Saint Paul, United States
The 3M Company is an American multinational conglomerate corporation operating in the industry, worker safety, United States health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota.
Headquarters: London, United Kingdom
APM takes pride on developing long-term business, cultivated through solid and transparent relationships built on quality, trust, and reliability. The company has developed a global network of suppliers and consumers, helping mining companies and processors get their products to market, as well as identifying quality and competitively priced suppliers for the customers. APM works with clients around the globe, including Brazil, China, India, Australia, Morocco, the United States, and Mexico.
Also Read@ Global Nepheline Syenite Market valued at 5062 Thousand Metric Tons in 2020, Aided by the Growing Demand for Glass and Ceramics
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