Silica Sand Global Market Size, Share, By Process, By Application, By Grade, By End User, By Region and Segment Forecast Till 2033 | Preferred Sands, Quarzwerke GmbH, Sibelco Group, Vista Sand, Smart Sand

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Overview and Scope
Silica sand refers to a granular substance made of quartz and trace amounts of other minerals like clay and coal. It is frequently utilized in a variety of building applications and is known as quartz sand and industrial sand.

Sizing and Forecast
The silica sand market size has grown strongly in recent years. It will grow from $18.17 billion in 2023 to $19.42 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to industrial demand, geopolitical factors, environmental concerns, price fluctuations, substitute materials.

The silica sand market size is expected to see strong growth in the next few years. It will grow to $24.98 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to emerging applications, alternative materials development, economic recovery, infrastructure development, global demand shifts. Major trends in the forecast period include rising demand in construction, growing glass industry, shift towards sustainable practices, market diversification, regional supply dynamics.

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Segmentation & Regional Insights
The silica sand market covered in this report is segmented –
1) By Type: Wet Sand, Dry Sand, Frac Sand, Filter Sand, Coated Sand, Other Types
2) By Grade: Glass, Foundry, Chemical
3) By Mesh Size: <70 mesh, 70-120 mesh, 120-200 mesh, >200 mesh
4) By Purity: 94% To 95.9%, 96% To 97.9%, 98% To 98.95
5) By End-Use Industry: Glass Manufacturing, Construction, Filtration, Foundry, Chemical Production, Paints and Coatings, Ceramics and Refractories, Oil and Gas, Other End-Users

Asia-Pacific was the largest region in the silica sand market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global silica sand market report during the forecast period. The regions covered in the silica sand market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
Growth in the construction industry is expected to propel the growth of the silica sand market going forward. Cement plays a major role in the construction industry as all constructions require cement and silica sand is an important component of cement. Therefore, growth in the construction market is driving the growth of the silica sand market. For instance, in December 2022, according to the Federal Reserve Bank of St. Louis, a US-based central bank, total spending on commercial construction reached $131 million, increasing from $103 million in December 2021. Furthermore, in May 2022, the total spending on residential construction topped $954 million, increasing from $797 million in May 2021. Therefore, the growth in the construction industry is driving the growth of the silica sand market.

Key Industry Players
Major companies operating in the silica sand market report are Aggregate Industries, Badger Mining Corporation, Chongqing Changjiang River Moulding Material (Group) Co. Ltd, Covia Holdings Corporation, Superior Silica Sands, Euroquarz GmbH, JFE Mineral & Alloy Company Ltd, Mitsubishi Corporation, Preferred Sands, Quarzwerke GmbH, Sibelco Group, U.S. Silica Holdings Inc., Pattison Sand, PUM GROUP, Hi-Crush Inc., Sil Industrial Minerals, Tochu Corporation, Athabasca Minerals Inc., Capital Sand Company, Signal Peak Silica LLC, Atlas Sand Company LLC, Fairmount Santrol, Vista Sand, Smart Sand, Emerge Energy Services LP, Select Sands America Corp., Northern Silica Corporation, SSS White Sands, Tarmac, Hanson Lake Sands Corporation

The silica sand market report table of contents includes:
1. Executive Summary