Silica Sand Market is expected to grow at 6.5 % from 2024 to 2030, as per maximize Market Research
Silica Sand Market size was valued at USD 24.49 Bn. in 2023 and the total Silica Sand Market revenue is expected to grow at 6.5 % from 2024 to 2030, reaching nearly USD 38.06 Bn.Silica Sand Market Overview
The Glass slipper back in fashion for Silica Sand Market
Silica sand is primarily used in the manufacturing of glass, and the demand for this material has increased due to the expansion of the glass industry and the rising need for flat and container glasses. VRX Silica, a major silica sand producer, anticipates an increase in the demand for washed silica sand due to the projected 7%-8.5% rise in glass production in the APAC region.
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The cost of raw material may affect the Silica Sand Market negatively
The price of sand and gravel has experienced a significant rise, going from approximately $7 per metric ton in 2007 to $9.5 in 2022. Frac sand, utilized in hydraulic fracturing for oil extraction, was priced at around $26.5 per ton in 2022, but has now surged to over $70.5 per ton during periods of shortage.
Asia Pacific dominated the global Silica Sand Market
In 2023, APAC held a market share of more than 47.5% in the silica sand industry, and it is projected to experience a 6.5% CAGR throughout the forecast period. The Indian Ministry of Mines has classified sand, marble, clay, and other minor minerals. Minor minerals account for approximately 12.2% of India's total mining output.
Recent News
28 Aug 2024: Cape Flattery Silica Sand Project, Australia, The Cape Flattery silica sand project is expected to have an annual silica sand production capacity of three million tonnes.
2 Aug 2024: CODISSIA seeks measures to resume silica sand supply from Andhra Pradesh
21 May 2024: Covia Acquires Silica Sand Mining Facility, Enhancing Portfolio
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Silica Sand Market Segmentation
by Purity
94% to 95.9%
96% to 97.9%
98% to 98.9%
by Silica Sand Type
Wet Sand
Dry Sand
Frac Sand
Filter Sand
Coated Sand
Others
by Value-Added Products
Polysilicon
Silica Gel
Silica Fume
Silicon Metal
Specialty Glass
Silane Gas
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 Players
Badger Mining Corporation (US)
Covia Holdings LLC (US)
Euroquarz GmbH (Germany)
JFE MINERAL Co. Ltd (Japan)
Mitsubishi Corporation (Japan)
PUM GROUP (Malaysia)
Sibelco (Belgium)
Sunstate Sand Bundaberg Pvt. Ltd. (Australia)
TOCHU CORPORATION (Japan)
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)
BROGร RDSAND AB (Sweden)
Kaolin AD (BULGARIA)
Key questions answered in the Silica Sand Market are:
What is the current valuation of the global silica sand market?
What was the 2023 market worth of silica sand in the Asia Pacific region?
What is the compound annual growth rate (CAGR) projected for the market during the forecast period (2024-2030)?
What segment leads in the market?
What primary factor propels the market?
Who are the major participants in this market?
In 2023, which region had the largest market share?
Which factor is anticipated to boost the adoption of products?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-silica-sand-market/66769/
Key Offerings:
Past Silica Sand Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Silica Sand Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Silica Sand Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Silica Sand 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
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