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:
Maximize Market Research’s 2023-2029 Global Report delves into an extensive and tailored examination of the Silica Sand Market industry, specifically emphasizing the global market trends projected for the forecast period.
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Silica Sand Market Scope:
The worldwide “Silica Sand Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2023-2029. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.
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 Type
1. Wet Sand
2. Dry Sand
3. Frac Sand
4. Filter Sand
5. Coated Sand
6. Others
by Value-Added Products
1. Polysilicon
2. Silica Gel
3. Silica Fume
4. Silicon Metal
5. Specialty Glass
6. Silane Gas
7. 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 key players are
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:
This comprehensive “Silica Sand Market” study encompasses critical industry elements such as progression, segmentation, growth prospects, challenges, opportunities, and competitive analysis. The segmentation analysis primarily focuses on revenue forecasts categorized by region, type, and application spanning from 2021 to 2027. This evaluation scrutinizes market size, developmental status, forecasts, and company profiles, offering insights into the competitive landscape and data sourced from major industry players.
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COVID-19 Impact Analysis on Silica Sand Market: