Press release
Silica Sand Market to reach USD 35.74 Bn by 2029, emerging at a CAGR of 6.5 percent and forecast 2023-2029
Silica Sand Market Report Scope:Silica Sand Market known for its high silica content and crucial role in various industries, has witnessed significant demand owing to its durability, high melting point, and chemical inertness. This versatile material plays a pivotal role in the construction industry, particularly in emerging markets such as China and India. The rise in technological innovations, including hybrid guide plates, lightweight glazing glass, and solar power glazing, is driving market growth. However, stringent environmental regulations and rising mining costs pose challenges to market expansion.
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Silica Sand Market Research Methodology:
The report's insights are derived from a meticulous research methodology that includes a blend of primary and secondary research. The market's major players' revenues were analyzed, and a comprehensive segmentation was conducted based on parameters such as purity, type, and end-use industry. The triangulation method, coupled with in-depth interviews with industry experts and key opinion leaders, ensured accurate market estimations and size determination.
What are Silica Sand Market Dynamics:
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.
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Silica Sand Market Regional Insights:
APAC dominates the silica sand industry, accounting for over 47.5% of the market share in 2022. The region is expected to grow at a CAGR of 6.5% throughout the forecast period, driven by infrastructure development and government initiatives in countries like India. The construction boom and investments in transportation projects further contribute to the market's growth.
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What is Silica Sand Market Segmentation:
by Purity
1. 94% to 95.9%
2. 96% to 97.9%
3. 98% to 98.9%
by Silica Sand
1. Wet Sand
2. Dry Sand
3. Frac Sand
4. Filter Sand
5. Coated Sand
6. 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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Who are 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)
Table of content for the Silica Sand Market includes:
1. Silica Sand Market: Research Methodology
2. Silica Sand Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Silica Sand Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA 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. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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