Market research future published a cooked research report on Middle East Feldspar market. its expected to grow at a CAGR of ~4.2% during period of 2015 to 2022

PUNE, MAHARASHTRA, INDIA, July 7, 2017 /EINPresswire.com/ -- ME K-Feldspar Market Information, By Country/Region (Turkey, Israel, GCC, and Rest of Middle East) - Forecast Till 2022
Market Scenario:
Potassium feldspar is naturally found as mineral form. The chemical name for potassium feldspar is potassium aluminium silicates. Microcline and orthoclase are the most common forms. The raw mineral form is processed by industrial treatment process. The end product constitutes alumina and potassium as per the targeted application. The prominent end user industries include glass industry, ceramic industry, electrodes, and refractories. Apart from these industries, the potassium feldspar is used in major high end applications namely, sanitary ware and fillers & glazes.
The increasing use in automotive glass manufacturing along with increasing production of automobiles in Middle East is estimated to be one of the significant factor driving market demand over the forecast period. Apart from this factor, growing demand from abrasives and electrode manufacturers is also significant driver for the overall market. It is widely used in manufacturing of welding electrodes, it acts a flux and prevents aerial oxidation, and thus, protecting the molten metal, owing to its advantage it is widely used by welding electrodes manufacturers in powdered form. Apart from the electrodes, it is also used as a key element in manufacturing of mild abrasives and bonding agents for abrasive wheels. Thus, augmented demand for K-Feldspar among the electrodes and abrasives can be attributed to the K-Feldspar’s market growth.

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Moreover, increasing demand of potassium feldspar in tile and granite is most coherent trend in the market. Apart from this growing demand of high quality potassium feldspar (600 mesh) owing to increasing application in high end market is estimated to be a significant trend in Middle East potassium feldspar market. The production of the high quality K-feldspar is low in the region and the imports from international markets namely U.S. and Italy are not sufficient to the demand gap. Thus, manufacturers are aiming at increasing production of high quality potassium feldspar in the region
Depending on geographic region, potassium feldspar market is segmented as: Turkey, Israel, GCC, and rest of Middle East. Among all the countries, Turkey is the leading producer and consume of K-Feldspar. Moreover, Turkey is one of the leading K-Feldspar producer after U.S. and Italy. Most of the K-feldspar production in the region is concentrated in Turkey. Turkey is followed by Israel and GCC in terms of consumption. However, the GCC market is anticipated to expand at higher growth rate.
However, the presence of alternatives in range of potassium feldspar applications namely, sanitary ware, abrasives, ceramic ware, and fibers & glasses is estimated to be major restraining factor for the MEA market. For instance having similar strength and other physical properties, sodium feldspar is a suitable alternative for potassium feldspar in various application. Additionally, relatively higher production cost involved is also limiting market growth.

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Intended Audience
• MEA K-Feldspar manufacturers
• MEA K-Feldspar suppliers
• K-Feldspar raw material suppliers & manufacturers
• Research and development Laboratories
• Market Research and Consulting Service Providers

Key findings
• Turkey is the major consumer and producer of the MEA K-feldspar market and is estimated to account for more 70% consumption in overall MEA feldspar consumption
• The opportunity for high quality feldspar (625 mesh) is increasing in MEA market owing to increasing penetration in high-end application markets .
• C.C. country market is anticipated to be the fastest growing market after Turkey growing with a CAGR of 3.2% over the forecast period.

Key Players for MEA K-Feldspar market:
• 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.

Segments:
Middle East K-Feldspar market is segmented based on country/regions as, Israel, Turkey, G.C.C., and rest of Middle East.
Regional Analysis of Global K-Feldspar market:
Turkey is the largest producer and consumer of K-Feldspar in MEA market. Turkey K-Feldspar is estimated to retain its dominance in overall market in near future. Turkey is followed by GCC market in terms of growth rate. The high growth rate of GCC K-feldspar market is attributed to increasing automotive production of countries such as Saudi Arabia and Qatar. Moreover Israel and rest of Middle East markets are estimated to witness relatively low CAGR over the forecast period.
The report for Middle East K-Feldspar market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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List of Tables
TABLE 1 K-FELDSPAR PRICING BY GRADES (2016) 17

TABLE 2 GLOBAL K-FELDSPAR MARKET HISTORICAL PRICE, BY REGION (2010-2016) 18

TABLE 3 GLOBAL K-FELDSPAR MARKET PRICE FORECAST, BY REGION (2016-2022) 19

TABLE 4 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY COUNTRY, 2016-2022 (‘000 MT) 21

TABLE 5 MIDDLE EAST POTASSIUM FELDSPAR MARKET, BY COUNTRY, 2016-2022 (USD MILLION) 22

Akash Anand
Market Research Future
+1-646-845-9349 (US) / +44 208 133 9349 (UK)
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