Reclamation Sand Market 2024 - By Size, Share Analysis, Trends And Growth Forecast By 2033

The Business Research Company recently released a comprehensive report on the Global Reclamation Sand Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The reclaimed sand market size has grown strongly in recent years. It will grow from $1.63 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to the growing demand for sand is putting pressure on natural supplies, needs of expanding population, the need to preserve coastal areas from erosion, rising sea levels, and rising environmental concerns and infrastructural development.

The reclaimed sand market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to reclamation sand proves invaluable in wastewater treatment projects, sand's high permeability supports effective drainage and water flow in treatment systems, the surge in construction activities, rising urbanization, and rising coastal protection initiatives. Major trends in the forecast period include technological advancements, innovative mechanical and wet machines, innovations in the cleaning process by using high temperatures, developments in reclamation technology, and thermal reclamation processes.

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Market Drivers and Trends:

The increasing construction activities are expected to propel the growth of the reclamation sand market going forward. Construction activities involve the physical development of buildings, infrastructure, and other structures. The increasing construction activities are due to rapid urbanization, infrastructure development, and a focus on efficiency and accuracy in building projects. Reclamation sand is used to create new land areas or expand existing ones, providing a foundation for new construction projects such as residential, commercial, and industrial developments. For instance, in February 2023, According to the Office for National Statistics, the UK saw a 5.6% annual growth in construction output in 2022, building on a substantial 12.8% increase recorded in 2021. Therefore, the increasing construction activities drive the reclamation sand market.

Major companies operating in the reclamation sand market are focused on investing in new plants such as pilot-scale reclamation plants using wet reclamation processes to enhance the efficiency and effectiveness of sand recovery, improve the quality of reclaimed sand, and reduce environmental impact through more sustainable practices. The wet reclamation process for reclamation sand involves using water-based methods to recover and purify sand used in various industrial applications, such as foundry casting or construction. For instance, in November 2022, FSP GmbH, a Germany-based company specializing in sand reclamation, launched a pilot-scale reclamation plant to allow foundries to test sand reclamation using its patented wet reclamation process. The plant is based on a wet reclamation process that is highly energy-efficient and provides contract reclamation services to help foundries cut energy and personnel costs. This energy-efficient and nearly carbon-neutral process effectively removes contaminants from used water-glass bonded sands with 98% effectiveness. It reduces drying energy by 60% compared to conventional methods.

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Major Key Players of the Market:

Boral Limited, Compagnie de Saint-Gobain S.A., EOG Resources Incorporated, Scania AB, Vulcan Materials Company, Martin Marietta Materials Inc., Aggregate Industries Management Inc., Lehigh Hanson Inc., CEMEX S.A.B. de C.V., HeidelbergCement AG, Hi-Crush Inc., Minerali Industriali SRL, Badger Mining Corporation, Emerge Energy Services LP, Superior Silica Sands LLC, Nugent Sand Company LLC, Quarzwerke GmbH, Pattison Sand, Northern Silica Corp., Tochu Corporation

Reclamation Sand Market 2024 Key Insights:

• The reclaimed sand market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
• The Reclamation Sand Market Is Poised For Growth Driven By the Booming Construction Industry
• FSP GmbH Introduces Cutting-Edge Wet Reclamation Plant To Revolutionize Sand Recovery With Energy Efficiency And Sustainability
• Asia-Pacific was the largest region in the reclamation sand market in 2023

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