Silica Sand Market revenue is expected to grow at 6.5 % from 2023 to 2029
Silica Sand Market size was valued at USD 23 Bn. in 2022 and the total Silica Sand Market revenue is expected to grow at 6.5 % from 2023 to 2029, reaching nearly USD 35.74 Bn.
Silica Sand Market Overview:
This Silica Sand Market study looks at current and emerging industry trends and dynamics in the global Silica Sand market. Silica Sand Extensive market forecasting for the major market segments is carried out between 2023 and 2029. Extensive Silica Sand market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Silica Sand market, key players are profiled and their strategies are thoroughly evaluated.
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Silica Sand Market Scope:
The analysis provides a comprehensive assessment of the current state of the Silica Sand market, including the latest trends, drivers, and an overview of the overall Silica Sand market dynamics. The growing demand for Silica Sand is a key factor propelling market growth. The research on the Silica Sand market delves into aspects such as technology, end-user segments, product types, and the geographical distribution.
Silica Sand Market Drivers:
One of the main uses for silica sand is the production of glass, and the market for this material has grown as a result of the growth of the glass industry and growing demand for flat and container glasses. The basic ingredient in all types of standard and speciality glass manufacture is silica sand because it offers the necessary Silicon Dioxide (SiO2) needed for glass formulation. Silica makes up more than 70.05 % of the final weight of glass, despite the fact that the manufacture of glass requires a wide range of other materials. The main factor affecting the colour, clarity, and strength of the glass created is its chemical purity.
One of the main producers of silica sand, VRX Silica, expected that the demand for washed silica sand would rise as soon as the glass production in APAC is likely to rise by 7%-8.5%. Additionally, it is expected that the global pharmaceutical industry would experience a growth in demand for glass vials, which will result in a major increase in the need for silica sand for use in glass manufacture.
Silica Sand Market Segmentation:
by Purity
1. 94% to 95.9%
2. 96% to 97.9%
3. 98% to 98.9%
by Silica Sand
1. Wet Sand
2. Dry Sand
3. Frac Sand
4. Filter Sand
5. Coated Sand
6. Others
by End-use Industry
1. Glass Manufacturing
2. Foundry
3. Chemical Production
4. Construction
5. Paints and Coatings
6. Ceramics and Refractories
7. Filtration
8. Oil and Gas
9. Other
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Silica Sand Market Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of
1. Badger Mining Corporation (US)
2. Chongqing Changjiang River Moulding Material (Group) Co. Ltd (China)
3. Covia Holdings LLC (US)
4. Emerge Energy Services (US)
5. Euroquarz GmbH (Germany)
6. Hi-Crush Inc. (US)
7. JFE MINERAL Co. Ltd (Japan)
8. Mitsubishi Corporation (Japan)
9. Pioneer Natural Resources Company (US)
10. PUM GROUP (Malaysia)
11. Sibelco (Belgium)
12. Source Energy Services (Canada)
13. Sunstate Sand Bundaberg Pvt. Ltd. (Australia)
14. TOCHU CORPORATION (Japan)
15. U.S. Silica (US)
16. VRX Silica Limited (Australia)
17. Australian Silica Quartz Group Ltd (Australia)
18. Adwan Chemical Industries Company (Saudi Arabia)
19. Tremco Incorporated (US)
20. Smart Sand, Inc (US)
21. Preferred Sands (US)
22. Pattison Sand (US)
23. Aggregate Industries (UK)
24. WOLFF & MÜLLER Holding GmbH & Co. KG (Germany)
25. BROGÅRDSAND AB (Sweden)
26. Kaolin AD (BULGARIA)
Regional Analysis:
The regional section of the Silica Sand market study incorporates factors like specific market influencers and alterations in market regulations that affect both current and future market trends. It also encompasses data points such as downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies. These indicators are utilized to anticipate potential market scenarios across different industries. Additionally, the analysis of projection data for the region considers the presence and accessibility of global players, along with the challenges they encounter due to significant competition or limited competition from local and domestic brands.
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COVID-19 Impact Analysis on Silica Sand Market:
The COVID-19 epidemic has had a significant impact on the global Silica Sand industry. Silica Sand Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Silica Sand market to decelerate in 2020. The negative impact of COVID-19 on the Silica Sand market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for Silica Sand .
Key Questions Answered in the Silica Sand Market Report are:
- Which segment was responsible for the largest share in the Silica Sand market?
- How was the competitive scenario of the Silica Sand market in 2020?
- Which are the key factors responsible for the Silica Sand market growth?
- Which region held the maximum share in the Silica Sand market in 2020?
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