Press release
The global Silica Sand Market, valued at USD 21.6 Bn in 2021, is anticipated to witness a steady growth rate of 6.5 percent from 2022 to 2029, reaching a market value of nearly USD 35.75 Bn.
Silica Sand Market Report Scope and Research Methodology:The goal of the study is to provide market participants with a detailed understanding of the Silica Sand Market. The report analyzes recent, ongoing, and projected developments in the market. It offers an easy analysis of complex data and includes assessments of market components using PORTER and PESTEL analyses. The report enables decision-makers to gain a clear perspective on the market, considering internal and external factors that may impact their organizations positively or negatively. Additionally, the report provides a buyer's guide by comparing the top Silica Sand enterprises based on price, financial status, product portfolio, growth strategies, and regional presence.
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To evaluate and forecast the Silica Sand Market, extensive research was conducted by MMR. The market was segmented based on parameters such as purity, type, and end-use industry. The market size was determined using a triangulation method, primarily employing a bottom-up technique. Primary research, including in-depth interviews with industry experts and key opinion leaders, was conducted to validate the estimates and gain insights into the market dynamics.
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Silica Sand Market Dynamics:
The production of glass is a major driver for the Silica Sand Market, with growing demand in the glass industry and the increasing need for flat and container glasses. Silica sand, rich in silicon dioxide (SiO2), is a crucial component in glass manufacturing, influencing the color, clarity, and strength of glass.
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Technological advancements, such as the use of hybrid guide plates, lightweight glazing glass, solar power glazing, and improved nanotechnology in flat glass, are driving market growth. However, stringent environmental regulations imposed by governments to address environmental concerns may pose challenges by increasing the costs associated with mining and dredging.
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The cost of sand and gravel, including specialty sands like frac sand used in hydraulic fracturing, has significantly increased over the past decade. Additionally, government restrictions on silica use, volatile raw material supplies, and fluctuating product prices may restrain the market's growth. The illegal mining of sand and the development of construction products without sand also hinder the global market.
Silica Sand Market Regional Insights:
Silica sand, derived from crushed quartz, is a sought-after commodity due to its durability, high melting point, and chemical inertness. It is widely used in the production of concrete, which is a fundamental building material. The market growth is fueled by the expanding construction industry, especially in emerging markets like China and India.
Silica Sand Market Segmentation
By Purity:
• 94 Percent to 95.9 Percent
• 96 Percent to 97.9 Percent
• 98 Percent to 98.9 Percent
By Silica Sand:
• Wet Sand
• Dry Sand
• Frac Sand
• Filter Sand
• Coated Sand
• Others
By End-use Industry:
• 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 Competitors include:
• Badger Mining Corporation (US)
• Chongqing Changjiang River Moulding Material (Group) Co. Ltd (China)
• Covia Holdings LLC (US)
• Emerge Energy Services (US)
• Euroquarz GmbH (Germany)
• Hi-Crush Inc. (US)
• JFE MINERAL Co. Ltd (Japan)
• Mitsubishi Corporation (Japan)
• Pioneer Natural Resources Company (US)
• PUM GROUP (Malaysia)
• Sibelco (Belgium)
• Source Energy Services (Canada)
• Sunstate Sand Bundaberg Pvt. Ltd. (Australia)
• TOCHU CORPORATION (Japan)
• U.S. Silica (US)
• VRX Silica Limited (Australia)
• Australian Silica Quartz Group Ltd (Australia)
• Adwan Chemical Industries Company (Saudi Arabia)
• Tremco Incorporated (US)
• Smart Sand, Inc (US)
• Preferred Sands (US)
• Pattison Sand (US)
• Aggregate Industries (UK)
• WOLFF & MÜLLER Holding GmbH & Co. KG (Germany)
• BROGÅRDSAND AB (Sweden)
• Kaolin AD (BULGARIA)
Table of Content for Silica Sand Market
1. Global Silica Sand Market: Research Methodology
2. Global Silica Sand Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Silica Sand Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Silica Sand Market Segmentation
• Global Market, by Purity (2021-2029)
• Global Market, by Silica Sand (2021-2029)
• Global Market, by End-use Industry (2021-2029)
5. Regional Silica Sand Market (2021-2029)
• Regional Market, by Purity (2021-2029)
• Regional Market, by Silica Sand (2021-2029)
• Regional Market, by End-use Industry (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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 Purity, Silica Sand and End-use Industry
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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