Silica Sand Market, Global Industry Overview, Sales Revenue, Demand and Forecast by 2026

by Chris jackson Market Research

According to IMARC Group’s latest report, titled “Silica Sand Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global silica sand market reached around US$ 14.1 Billion in 2020. Looking forward, the market is expected to continue its moderate growth during 2021-2026.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

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Silica sand (SiO2), also known as industrial sand, refers to one of the commonly available varieties of sand across the globe. It is derived from quartz which breaks down into minute granules by the gradual movement of wind and water. Apart from quartz, silica sand also contains aluminum, feldspar and iron-bearing minerals. As silica sand is associated with advantageous properties like high strength, and resistance against heat and chemicals, it finds numerous applications in the construction industry. In addition to this, it is also utilized in water filtration, industrial casting, sandblasting, building roads, and paints and coatings.

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Global Silica Sand Market Trends:

Owing to its mechanical properties, silica sand is widely used in the production of fiberglass which is further utilized in the automotive industry. Inflating income levels is boosting the sales of automobiles worldwide which, in turn, is influencing the growth of the silica sand industry. Moreover, governments worldwide are offering substantial subsidies for silica sand production which is contributing to the market growth. Apart from this, progress in technology has resulted in the introduction of lightweight glazing glass, advanced nanotechnology in flat glass, and solar control glazing for building glass. Further, several countries are shifting towards naturally available shale gas so as to reduce their dependence on crude oil. As shale gas is extracted through the process of hydraulic fracturing wherein silica sand is employed as a proppant, continuous development in the shale gas industry is spurring the demand for silica sand.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Silica Sand Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

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

Some of the major players and suppliers analyzed in the report include:

1. Sibelco

2. U.S. Silica Holdings Inc (NYSE: SLCA)

3. Fairmount Minerals (NYSE: FMSA)

4. Quarzwerke GmbH

5. Badger Mining

The report has segmented the market on the basis of End-Use, and Region.

Performance of Key Regions

1. United States

2. Italy

3. Germany

4. Turkey

5. Australia

6. Others

Market by End-Use

1. Glass Industry

2. Foundry

3. Hydraulic Fracturing

4. Filtration

5. Abrasives

6. Others

Key highlights of the report:

Market Performance

Market Outlook

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Competitive Structure

Profiles of Key Players

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.

Contact US: IMARC Group

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USA: +1-631-791-1145

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About Chris jackson Advanced   Market Research

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Created on May 14th 2021 05:18. Viewed 45 times.


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