Silica Sand Market Size, Key Players, Global Industry Overview, Opportunity, Latest Insights and Forecast 2023-2028

PRESS RELEASE
Published February 8, 2023

According to the latest report by IMARC Group, titled “Silica Sand Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global silica sand market size reached US$ 22.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

Silica Sand Market Overview:

Silica sand is a naturally occurring sand formed from the weathering and erosion of rocks that contain silica. It is then purified, screened, and processed to produce high-quality sand that is free of contaminants. It is commonly used as an industrial mineral due to its high purity and uniform grain size. Silica sand offers several benefits, including improved strength and durability of concrete and a smooth and uniform surface in glass production. On account of these properties, it is witnessing a significant surge in demand across the construction, paint and coatings, manufacturing, energy, recreation, and rubber and plastic industries. Currently, several types of silica sand are available in the market, including industrial sand, frac sand, and sand for recreational purposes.  

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Silica Sand Market Trends:

The rising product application as a key component in producing concrete and mortar in the construction industry is one of the primary factors accelerating the market growth. This is further bolstered by the increasing shale gas production across the globe. Additionally, key market players are investing heavily in new and improved processing methods to manufacture high-quality sand, which is positively contributing to the market growth. Moreover, the surging product demand as a filler in manufacturing foods and beverages  and rising glass production, particularly for solar panels and building construction, are providing an impetus to the market growth.

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Silica Sand Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the silica sand market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the silica sand market on the basis of breakup by end-use and region.

Breakup by End-Use: 

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

Breakup by Region:

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

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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.

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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