Global Feldspar Market Is Estimated To Witness High Growth Owing To Increasing Demand for Ceramic Tiles and Glassware

Feldspar Market The global Feldspar Market is estimated to be valued at US$ 564.69 million in 2021 and is expected to exhibit a CAGR of 5.84% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Feldspar is a group of minerals consisting of aluminum silicates combined with varying proportions of potassium, sodium, and calcium. It is one of the most abundant minerals found on Earth and has numerous applications in various industries. Feldspar is commonly used in the production of ceramic tiles, glassware, sanitaryware, and glass fibers, among others. It provides excellent physical properties such as high strength, low porosity, and good thermal shock resistance, making it ideal for these applications. The growing construction industry, especially in developing economies, is driving the demand for ceramic tiles and glassware, thus fueling the growth of the feldspar market. Market Key Trends: One key trend in the ...