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The global nepheline syenite industry has been bolstered by increasing demand for glass and ceramics, where nepheline syenite is an important component. The demand for nepheline syenite can be attributed to its intrinsic properties during glass manufacturing, as it strengthens the final product and makes it more resistant to scratching. Furthermore, it lowers fuel demands by lowering the melting temperature of the raw materials. This makes it a lucrative raw material for both manufacturers and consumers. From the data in the report, it appears that the mineral is going to have greater importance especially in large population regions like Asia Pacific due to increasing demand.
The nepheline syenite industry is expanding well in both developed and developing markets. One of the largest nephelite syenite producers, 3M Co. (NYSE: MMM) is also known for its other lines of product, including its range of Scotch stationery and Aqua-Pure. Similarly, other major players like SCR Sibelco NV and Anglo Pacific Minerals have other materials which they process to create end-products. This range helps to diversify their revenues. Overall, the nepheline syenite market is expected to witness robust growth in the given forecast period 2021-2026.
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The major players in the global nepheline syenite market are SCR-Sibelco NV, 3M Co., and Anglo Pacific Minerals Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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