Silica Sand Market Analysis by Size, Share, Demand, Companies and Forecast 2024-2032

BROOKLYN, NY, USA, November 12, 2023 /EINPresswire.com/ — IMARC Group has recently released a new research study titled “Silica Sand Market Report by End-Use (Glass Industry, Foundry, Hydraulic Fracturing, Filtration, Abrasives, and Others), and Region 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

How big is the silica sand market?

The global silica sand market size reached US$ 24.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 37.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.

What is silica sand?

Silica Sand is a type of industrial sand rich in silica, primarily in the form of quartz, used across a multitude of industries including glass manufacturing, foundry work, and construction. The distinct characteristic of silica sand is its high purity and quality, which is essential for specialized applications such as glass-making and casting. Available in various particle sizes and shapes, it is often washed, graded, and screened for specific uses. Silica sand is commonly used in hydraulic fracturing to extract oil and gas, and in water filtration processes.

Advanced processing techniques like washing and sizing enable the production of specialized grades of silica sand for different industrial requirements. The application of technology in the extraction and processing of silica sand has also led to the development of high-quality silica products with controlled particle size distribution. In terms of user experience, silica sand suppliers often offer customizable packaging and shipping options to suit the requirements of diverse end-users.

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Silica Sand Market Market Demand, Trends and Growth Factors:

The market for silica sand is seeing robust growth, driven primarily by its widespread application in glass-making, followed by its use in foundry casting and construction. The rising demand for energy-efficient glass products in the automobile and construction sectors is contributing to the market’s expansion. Moreover, increased hydraulic fracturing activities worldwide are further augmenting the demand for high-grade silica sand. Regulatory standards are also influencing market dynamics, especially in terms of environmental considerations for silica sand extraction and transportation.
Manufacturers are hence investing in more sustainable extraction methods and technologies to reduce the environmental impact.

A major factor accelerating market growth is the technological advancements that allow for more efficient extraction and processing, providing higher yields and purity levels. Silica sand is not just a raw material; it is increasingly seen as a critical component that affects the quality and performance of the final product, whether it be glass, casting molds, or even sports fields. Additionally, the focus on sustainability and the responsible sourcing of silica sand is bringing about innovative solutions within the industry.

Companies are now developing environmentally friendly extraction techniques, and there is an increased focus on recycling used silica sand in certain applications, thereby creating a circular economy model. Sustainability certifications and eco-labels for responsibly-sourced silica sand are also gaining attention, as end-users become more environmentally conscious. As the global economy continues to recover and expand, the demand for products like glass, castings, and construction materials, all of which require silica sand, is expected to grow. Innovations in the glass industry, such as the development of energy-efficient and smart glass technologies, are creating new market opportunities for high-quality silica sand.

Furthermore, the adoption of more sustainable construction methods is encouraging the use of environmentally-friendly silica sand products. Therefore, silica sand is rapidly gaining recognition as an essential industrial mineral, with its role extending beyond that of a mere raw material to being a key component in the quality and performance of end products.

Who are the key players operating in the industry?

Silica Sand Key Players:

• Badger Mining Corporation
• Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
• Covia Holdings LLC
• Euroquarz GmbH (Possehl Group)
• JFE Mineral & Alloy Company Ltd. (JFE Holdings Inc.)
• Manley Bros. of Indiana Inc.
• Mitsubishi Corporation
• PUM Group
• Quarzwerke GmbH
• Sibelco
• Tochu Corporation
• S. Silica

Read Blog: Top 12 Silica Sand Companies in the World

Market Segmentation:

The report has segmented the market into the following categories:

Breakup by End-Use:

• Glass Industry
• Foundry
• Hydraulic Fracturing
• Filtration
• Abrasives
• Others

Regional Insights:

• China
• United States
• Italy
• Turkey
• Germany
• Australia
• Others

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Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
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