Nepheline, also known as nephelite, is an igneous rock containing much lower silica content that is formed out of molten magma in the absence of silica. Nepheline syenite enhances resistance to breaking & scratching, exhibits high chemical durability, and improves thermal endurance, owing to the presence of alumina content.
The global nepheline market was valued at $0.17 billion in 2020, and is projected to reach $0.20 billion by 2027, growing at a CAGR of 2.3% from 2021 to 2027.
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Nepheline is widely used in weather-resistant paints due to its ability to impart weather resistance and glossy finish characteristics. . Major nepheline syenite deposits can be found across Khibiny Complex, Russia, Ontario, Norway, Brazil, Greenland, Egypt, and Mexico.
The growth global nepheline market is presently driven by the rising in the use of nepheline syenite as an alternative source for potassium and aluminum. Key players in the market are concentrating more on the development of an integrated approach for the extraction of potassium and aluminum from a silicate mineral, i.e., nepheline syenite. This factor is predicted to act as a key driving force of the global market.
Furthermore, potassium is used as an essential micronutrient for plant growth with additional components such as nitrogen and phosphorus. In addition, it plays an important role in over 60 enzymatic systems and can be used effectively for the synthesis of proteins, vitamins, starch, and cellulose. Thus, extraction of potash from low-grade feldspar, glauconitic sandstone, biotite, and nepheline syenite containing 5-15% K2O minerals propels the growth of the global nepheline market.
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On the contrary, constituents such as iron, titanium, mica, and calcite minerals in nepheline syenite provoke quality problems due to different sintering properties. Thus, the use of nepheline syenite during the manufacturing of floor tile requires additional purification techniques, which, in turn, increases the downstream cost. This factor is predicted to hamper the market growth during the forecast period. The utilization of nepheline syenite as an alternative to potassium is predicted to offer potential opportunities for the expansion of the global nepheline market. Potash is not distributed evenly in the earth’s crust and 90% of potash deposit is concentrated across Canada, Russia, Ukraine, Germany, Israel, and America. However, extraction and purification of potash is a cost-intensive process as compared to extraction of nepheline syenite.
– Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building. – It outlines the current trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets. – Major countries in the region have been mapped according to their individual revenue contribution to the regional market. – Key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study. – Profiles of key players and their key strategic developments are enlisted in the report.
According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2027. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
Key players in the global nepheline market are: 1. AGSCO Corporation 2. Unimin Corp. (COVIA) 3. Phos Agro Group of Companies 4. Anglo Pacific Minerals Ltd. 5. Anyang Country Mining Co. Ltd. 6. SCR Sibelco 7. RUSAL PLC 8. The 3M Company 9. Fineton Industrial Minerals Ltd. 10. North Cape Minerals AS
– By Product Type – Nepheline Syenite – Nepheline Monzonite – Nephelinites – By Application – Ceramic Product – Glass Product – Refractories – Other
– By Region – North America o U.S. o Canada o Mexico – Europe o Germany o France o U.K. o Italy o Rest of Europe – Asia-Pacific o China o Japan o India o Australia o Rest of Asia-Pacific – LAMEA o Brazil o Saudi Arabia o UAE o South Africa o Rest of LAMEA
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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
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This market report shows the projected market size for the Multi-Cloud Management Market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
This report covers aspects of the regional analysis market.
The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
This report analyzes current and future market trends by region, providing information on product usage and consumption.
Reports on the market include the growth rate of every region, based on their countries over the forecast period.
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Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
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This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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