Nepheline Syenite Market Size, Share, Growth Analysis, By Product Type(Nepheline Syenite, Nepheline Monzonite and Nephelinites), By Application(Ceramic Manufacturing, Glass Manufacturing and Functional Fillers) - Industry Forecast 2024-2031

Global Nepheline Syenite Market size was valued at USD 1.28 billion in 2022 and is expected to rise from USD 1.34 billion in 2023 to reach USD 1.90 billion by 2031, at a CAGR of 4.50% during the forecast period (2024-2031).

Nepheline syenite is an igneous rock composed of nepheline, microcline (potassium feldspar), and albite (sodium feldspar), as well as mica, magnetite, and hornblende. It is an important raw material in the glass and ceramic industries because it lowers the melting point of the mix, allowing for faster melting, higher productivity, and fuel savings. Refractories, glass manufacturing, ceramics, and pigments and fillers are among its industrial applications. In these applications, nepheline syenite is ground and dark minerals are separated, resulting in a feldspar and nepheline-dominated mixture. This mixture contains more alkali and aluminium than pegmatitic felspars while containing less iron, making it an excellent raw material.

The emergence of the global pandemic affected demand for nepheline syenite from various end-use industries, which faced supply chain disruption, cash flow constraints, and other issues. Many glass and ceramic manufacturers were forced to halt production due to a labour shortage. Increased demand for glass and ceramics across various end-use industries, as well as increased applications of nepheline syenite in end-use products such as refractories, pigments & fillers, construction facades, and countertops, are expected to drive market growth during the forecast period.

US Nepheline Syenite Market is poised to grow at a sustainable CAGR for the next forecast year.