Silica Sand Market Shares, Growth Analysis, Key Insights, Size And Forecast To 2033

The new report published by The Business Research Company, titled Silica Sand Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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Silica Sand Market Thrives On The Growth In The Construction Industry
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.

Innovative Applications Harnessing Silica Sand For Sustainable Green Solutions
The development of green products using silica sand is a key trend gaining popularity in the silica sand market. Companies involved in the silica sand market are focused on discovering new usage of silica sand to sustain their position in the market. For instance, in July 2022, Polar Night Energy, a Finland-based company involved in building heat storage for renewable energy, launched sand batteries that use silica sand as a storage medium for energy generated using green sources such as wind. The company believes that the battery will not only warm the homes in winter but will also save over 100Mt CO2 emissions per year.

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: 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

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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

Contents of the report:
1. Executive Summary
2. Silica Sand Market Report Structure
3. Silica Sand Market Trends And Strategies
4. Silica Sand Market - Macro Economic Scenario
5. Silica Sand Market Size And Growth
…..
27. Silica Sand Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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