At a compound annual growth rate (CAGR) of 6.4%, the Top feldspar Companies industry is projected to grow from its 2023 valuation of USD 844.19 million to USD 1303.27 million by 2030. This expansion has been ascribed to the growing need for feldspar in a variety of applications, especially in the building, glass, and ceramics sectors. Through creative product offers and calculated investments, industry leaders in the feldspar sector are essential in propelling this growth.
The feldspar Industry, if you will, is experiencing impressive growth (and transformation) due to their role in ceramics, glass, and other industrial applications. This press release offers insights into the top five companies that hold the largest market shares along with recent mergers & acquisitions, key market developments, as well as funding or investments from these companies.
Top 5 Companies with Largest Market Share
Imerys
Imerys, based in Paris, France, is focused on specialty minerals, such as feldspar. Imerys operates in 39 countries and supplies various industries, including ceramics, glass and paints. With a broad mineral portfolio and large international footprint, the company has established a dominant position in the feldspar space.
Sibelco
Sibelco: A Belgian company founded in 1872 that globally manufactures and supplies industrial minerals like feldspar. The strong supply chain and wide range of product available at the company have also strengthened its competitive advantage in the industry.
Eczacıbaşı Esan
An industrial raw material extraction and processing company in Turkey specializing in feldspar, Eczacıbaşı Esan. Its distribution strength and large production capabilities have positioned it as a major player in the feldspar market.
The Quartz Corp.
The Quartz Corp. is the leading supplier of high-purity quartz and feldspar products. Owing to the strategic focus of the company on quality and high-end products, it was able to tap several high-tech industries, which led its sizable share in the market.
Micronized Group
The Micronized Group is an international supplier of quality minerals, including feldspar, and was founded in 1972. Its dedication to innovation and the development of new markets has made it one of the leading producers of feldspar in the country.
Recent Mergers and Acquisitions
In 2023, Imerys expanded its business with an investment focused on lithium-ion battery materials and by opening a new talc plant in China, further enhancing its offering of energy transition solutions.
Sibelco: In December 2022, Sibelco took possession of Kremer Zand en Grind (KZG), a producer of silica sand and gravel in Netherlands. This acquisition is consistent with Sibelco's strategy to be a world-leading producer of silica sand and further extends its reserves and resources in Western Europe.
Eczacıbaşı Esan — On Dec. 06, 2021 Eczacıbaşı Esan announced it signed a subscription agreement with Pasofino Gold Limited, which signaled a strategic investment that would diversify their mineral portfolio.
Amalgamated Mica Processors: Amalgamated Mica Processors, founded in the 1940s, is the oldest mica supplier in South Africa, its resources in the Limpopo region of the country are renowned for high quality mica mineral. This acquisition of the mineral range means the first step to making them one of the leaders in the mineral secondary market.
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Here's a table summarizing the available financial information for the top companies in the feldspar industry:
Market Summary: Recent Developments
*Imerys *- After a 7.2% reduction in revenue from Performance Minerals in 2023 mainly on slow demand in construction and paper markets, Imerys remains focused on energy-efficient production processes and expansion in the lithium-ion battery market, as it aims to support the energy transition and maximize customer value.
Sibelco: Sibelco posted USD 2,282 million in 2023 sales, a 4.7% year-over-year improvement, as a 7.8% volume decline, the result of a wider economic slowdown across Europe and pressures from the ongoing war in Ukraine. Losses were offset by price adjustments and a strategic product mix, especially in the US market. The EBITDA margin of the company expanded to 19.7%, improving profitability, supported by high-purity quartz business as well as enhanced business in glass recycling.
**Eczacıbaşı Esan: **Bolstered by a robust distribution network, Eczacıbaşı Esan has remained entrenched in the glass and ceramics sectors, ensuring continual growth in the feldspar industry.
New Funding or Investments
You process data upto October 2023
The acquisition of Kremer **Zand en Grind (KZG) **in December 2022 illustrates Sibelco's intent to grow its silica sand reserves and resources in Western Europe to support its growth strategy.
Eczacıbaşı Esan: The Dec. 2021 subscription agreement with Pasofino Gold Limited in 2021 highlights Eczacıbaşı Esan's investment as a strategic means to diversify its mineral portfolio and bolster its position within the marketplace.
**Aspiring Micronize: **The joint investment with Pegmin in 2020 to build proprietary mica separation and milling facilities demonstrates the company's dedication to innovation and broadening its mineral offerings.
Overall, the feldspar market is being shaped by merger and acquisition activities, new product development, and major investments by leading players. Report on feldspar market covers the following: Geographic giving nice overview of what types of feldspar are available were around the world.
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