Middle East K-Feldspar Market Volume Analysis, size, share and Key Trends -2023
Middle East K-Feldspar Market Information, By Country/Region (Turkey, Israel, GCC, and Rest of Middle East) - Forecast Till 2022
(EMAILWIRE.COM, June 20, 2018 ) Woodridge, USA Jun 2018(News) - Middle East K-Feldspar Market Information, By Country/Region (Turkey, Israel, GCC, and Rest of Middle East) - Forecast Till 2022.Feldspars are a group of rock-forming framework silicates minerals which make up nearly 41% of the Earth's crust by weight. Potassium feldspar is a conglomerate of mineral compounds present in the feldspar group containing potassium. It also consists of an alumina and alkali as one of the prominent constituents, which makes its more useful in numerous industrial applications. The product find its use in various applications such as glass, fillers, plastics, rubber, paints, and adhesives, among others.
The Middle East potassium feldspar market is estimated to be valued at 850.5 ‘000 tons and is estimated to expand at a CAGR of 3.9% over the forecast period. Moreover, in terms of value the market is projected to be valued at USD 149.3 Million in 2016 end and is likely to expand at a CAGR of 4.2% throughout the review period. The potassium feldspar market is anticipated to witness sizeable growth over the consideration period on account of increasing demand for K-feldspar in construction applications. Moreover, steadily growing automotive sector, wherein the product is used to manufacture automotive glass is witnessing constant rise.
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Key Players for Middle East K-Feldspar market:
The prominent players operating this market are
United Mining Investments Co.,
The Quartz Corp,
Sisecam Group,
Kaolin Industrial Minerals San. And Tic. Inc.,
Polat Maden Sanayi Ve Ticaret A.S.,
Imerys Seramik Hammaddeleri San.Ve Tic.A.Ş. Kalemaden Endustriyel Hammaddeler San.Ve Tic.A.S.,
Gensa Kimya Sanayi Ve Ticaret A.S.
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Regional Analysis of K-Feldspar market:
The Middle East K-feldspar Market is spanned across four major regions namely, Turkey, Israel, GCC, and Rest of Middle East. Among these regions, Turkey is the largest producer and consumer of K-Feldspar in MEA market withholding the market share of 73.60%. Turkey K-Feldspar is estimated to retain its dominance in overall market in near future on account of sizeable growth of automotive industry in this region. After Turkey, GCC is the second largest market, in terms of growth rate. The higher growth rate of GCC K-feldspar market is attributed to increasing demand for the product from automotive industries from countries such as Saudi Arabia and Qatar. Moreover. Israel and rest of Middle East markets are estimated to witness moderate growth over the forecast period.
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Key findings
• Turkey is both the largest consumer and producer of the product in the Middle East K-feldspar market. It accounts for more than 70% share of the overall consumption of K-feldspar in MEA K-feldspar market.
• There is an increasing opportunity for the high quality feldspar, which is of 625 mesh size, in MEA market owing to vast penetration in high-end applications such as automotive and industrial. .
• G.C.C. group of countries market is estimated to be the fastest growing market after Turkey growing with a CAGR of 3.2% over the forecast period.
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The Middle East potassium feldspar market is estimated to be valued at 850.5 ‘000 tons and is estimated to expand at a CAGR of 3.9% over the forecast period. Moreover, in terms of value the market is projected to be valued at USD 149.3 Million in 2016 end and is likely to expand at a CAGR of 4.2% throughout the review period. The potassium feldspar market is anticipated to witness sizeable growth over the consideration period on account of increasing demand for K-feldspar in construction applications. Moreover, steadily growing automotive sector, wherein the product is used to manufacture automotive glass is witnessing constant rise.
Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/166
Key Players for Middle East K-Feldspar market:
The prominent players operating this market are
United Mining Investments Co.,
The Quartz Corp,
Sisecam Group,
Kaolin Industrial Minerals San. And Tic. Inc.,
Polat Maden Sanayi Ve Ticaret A.S.,
Imerys Seramik Hammaddeleri San.Ve Tic.A.Ş. Kalemaden Endustriyel Hammaddeler San.Ve Tic.A.S.,
Gensa Kimya Sanayi Ve Ticaret A.S.
Ask For Report Discount: https://www.prominentmarketresearch.com/discount-report/166
Regional Analysis of K-Feldspar market:
The Middle East K-feldspar Market is spanned across four major regions namely, Turkey, Israel, GCC, and Rest of Middle East. Among these regions, Turkey is the largest producer and consumer of K-Feldspar in MEA market withholding the market share of 73.60%. Turkey K-Feldspar is estimated to retain its dominance in overall market in near future on account of sizeable growth of automotive industry in this region. After Turkey, GCC is the second largest market, in terms of growth rate. The higher growth rate of GCC K-feldspar market is attributed to increasing demand for the product from automotive industries from countries such as Saudi Arabia and Qatar. Moreover. Israel and rest of Middle East markets are estimated to witness moderate growth over the forecast period.
Buy Report: https://www.prominentmarketresearch.com/checkout/166
Key findings
• Turkey is both the largest consumer and producer of the product in the Middle East K-feldspar market. It accounts for more than 70% share of the overall consumption of K-feldspar in MEA K-feldspar market.
• There is an increasing opportunity for the high quality feldspar, which is of 625 mesh size, in MEA market owing to vast penetration in high-end applications such as automotive and industrial. .
• G.C.C. group of countries market is estimated to be the fastest growing market after Turkey growing with a CAGR of 3.2% over the forecast period.
Contact Us:
Tel- +1-815-957-4373
Email- sales@prominentmarketresearch.com
About Us:
Prominent market Research was established in 2018 with an energetic team of competent professional to take on the challenges of market analysis in the capacity of market insight needs. We deliver the benefits of this expertise to you through our market research insights and people to help you make better decisions and achieve better results.
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Tel: +1-815-957-4373
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results