Silica Sand Market: Global Industry Analysis and Forecast (2023-2029)
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:
Quartz has been carefully crushed to create silica sand (SiO2). Sand that contains at least 95% SiO2 and less than 0.6% iron oxide is known as silica sand or industrial sand. Regular sand is defined as sand that does not meet this requirement. Owing to its durability, high melting point, and chemical inertness, silica sand is a very sought-after commodity. Concrete, the fundamental building material and a staple of the construction industry, is made from silica sand. This aspect fuels market growth as the construction industry grows in emerging markets like China and India.
the Silica Sand Market research report published by Maximize Market Research (MMR), provides extensive and top-notch market studies, offering transparency in its findings. The report includes a list of major competitors, strategic insights, and an analysis of key factors shaping the ### industry. This market research encompasses a wide range of markets, marketing strategies, trends, future product possibilities, and burgeoning opportunities, all contributing to the generation of comprehensive market reports.
Dynamics:
The manufacturing of glass is one of silica sand’s primary applications, and as the glass industry has expanded and consumer demand for flat and container glasses has increased, so has the market for this material. Because it provides the essential Silicon Dioxide (SiO2) required for glass formation, silica sand serves as the fundamental component in the production of all varieties of conventional and specialty glass. Despite the fact that a wide variety of other elements are required for the production of glass, silica makes up more than 70.05% of the final weight of glass. Chemical purity is the major factor influencing the color, clarity, and strength of the glass produced.
One of the largest silica sand producers, VRX Silica, anticipated that the demand for
Silica Sand Market Report Scope and Research Methodology:
The Silica Sand Market report aims to forecast market size by considering segments, regional distribution, and industry competition. The report estimates and forecasts market size and growth using a bottom-up approach. It conducts a comprehensive examination of key players in the ### industry, including revenue figures. The report insights into the global, regional, and local level analysis of the Silica Sand Market, highlighting the factors that restrain, drive, and challenge market growth throughout the forecast period.
Silica Sand Market Regional Insights
North America is expected to lead the global Silica Sand Market and is expected to continue its dominance during the forecast period. Europe holds a second position in the Silica Sand Market, accounting for a substantial revenue share in 2022. Asia-Pacific region expected significant growth in the Silica Sand Market.
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Silica Sand Market Segmentation:
The Above 99% sector, based on Purity, is anticipated to grow at the highest CAGR of 5.6% throughout the forecast period. Silica sand that is 99.5% pure is utilized in the glass industry. Commercial glass is produced by fusing silica sand (Si02), limestone (CaC03), and soda ash (NC03) at 1,100°C. The typical composition is composed of 75% silica, 15% soda ash, and 10% lime. The sand must have consistent grain size and a minimum silica concentration of 99.53 percent. the process of using photothermal treatment to remove impurities in silica sand to a level appropriate for producing silicon of the necessary solar grade for photovoltaic applications.
Silica Sand Market Key Players:
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)
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Silica Sand Market are:
• What is the expected Silica Sand Market size by 2029?
• What is the growth rate of the Silica Sand Market?
• Which are the factors expected to drive the Silica Sand Market growth?
• Which segment dominated the Silica Sand Market growth?
• Which region held the largest share in the Silica Sand Market?
Key Offerings:
· Past Market Size and Competitive Landscape (2018 to 2021)
· Past Pricing and price curve by region (2018 to 2021)
· Market Size, Share, Size & Forecast by different segment | 2022−2029
· Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
· Market Segmentation – A detailed analysis by segment with their sub-segments and Region
· Competitive Landscape – Profiles of selected key players by region from a strategic perspective
§ Competitive landscape – Market Leaders, Market Followers, Regional player
§ Competitive benchmarking of key players by region
· PESTLE Analysis
· PORTER’s analysis
· Value chain and supply chain analysis
· Legal Aspects of business by region
· Lucrative business opportunities with SWOT analysis
· Recommendations
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