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 Report Overview
The latest market intelligence report released by research firm Maximize Market Research highlights the promising growth opportunities for suppliers in the Silica Sand Market during the forecast period until 2029. This report encompasses insights into growth catalysts, significant constraints, upcoming hurdles, and existing opportunities within the global market.
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Silica Sand Market Report Scope
The Silica Sand market has undergone a comprehensive analysis on a global, regional, and country level. The report presents an examination of the Silica Sand market dynamics, encompassing drivers, restraints, challenges, and opportunities, both segment-wise and region-wise. This thorough scrutiny equips the report to serve as a valuable guide for investors.
For estimating the Silica Sand market size, a bottom-up approach was adopted. In identifying key players within the Silica Sand market, secondary research was conducted, and their market revenues were ascertained through a combination of primary and secondary research methods. The secondary research involved scrutinizing annual and financial reports of prominent manufacturers, while primary research included interviews with influential opinion leaders and experts in the Silica Sand industry, including front-line professionals, entrepreneurs, and marketing specialists. The SWOT analysis was utilized to highlight the strengths, weaknesses, opportunities, and threats of key players within the Silica Sand industry.
Silica Sand Market Regional Analysis
The growth of the Silica Sand Market in the region is propelled by governmental initiatives and regulatory measures. Within the Silica Sand market report, the geographical context of the market is outlined, encompassing aspects such as market size, share, and a comprehensive exploration of the business network structure, opportunities, and pertinent news updates. The report encompasses a comprehensive coverage of regions, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
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.
Wet sand is predicted to experience the highest CAGR of 5.8% among all silica sand segments throughout the projection period. Wet silica sand is used as a high-quality sand source for the glass industry due to its high silica concentration (SiO2). Wet silica sand is mostly used in construction, the glass industry, golf courses, and other applications. Due to the continued need in the construction sector, wet silica sand with certain grain sizes and composition properties is an excellent choice for destination markets. Additionally, the silica sand used to create wet sand has the characteristics stated for creating and maintaining golf courses. This kind of wet silica sand has long been used on the best golf courses on the Portuguese and Spanish peninsulas.
The Glass Manufacturing category is anticipated to develop at the highest CAGR based on End-use Industry during the forecast period. Silica sand serves as the primary component in all types of common and specialty glassware. The chemical purity of this component, which is what essentially affects the color, clarity, and strength of the glass, is what it provides, which is the essential SiO2 (silicon dioxide) component required to manufacture glass.
1. Global Silica Sand Market Size, by Purity (2022-2029)
• Above 99%
• 94% to 95.9%
• 96% to 97.9%
• 98% to 98.9%
2. Global Silica Sand Market Size, by Type (2022-2029)
• Wet Sand
• Dry Sand
• Frac Sand
• Filter Sand
• Coated Sand
• Others
3. Global Silica Sand Market Size, by End-user Industry (2022-2029)
• Glass Manufacturing
• Foundry
• Chemical Production
• Construction
• Paints and Coatings
• Ceramics and Refractories
• Filtration
• Oil and Gas
• Other
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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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Key Questions answered in the Silica Sand Market Report are:
- What is the forecast period of the Silica Sand Market?
- What are the Silica Sand market segments?
- Which segment held the largest Silica Sand market share?
- What will be the CAGR of the Silica Sand market during the forecast period?
- What is the competitive scenario of the Silica Sand market?
- What are the opportunities for the Silica Sand Market?
- What are the factors restraining the Silica Sand market growth?
- Which region held the largest market share in the Silica Sand Market?
Key offerings:
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis of segments and sub-segments
- Competitive Landscape- Leading key players and other prominent key players.
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