Industrial Silica Sand Market is valued at USD 8.36 Billion in 2021 and is expected to reach USD 13.97 Billion by 2028 with a CAGR of 7.60% over the forecast period.
Industrial Silica Sand Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028. Increasing development of the glass industry is key impacting factor deriving the growth of the global industrial silica sand market.
Industrial silica sand is a construction material and performs as a main structural component in a number of construction products. Widely used in Flooring, mortars, cement, roofing shingles, asphalt, and other industrial materials all use silica to improve durability and structural integrity. Silica sand is used as a primary ingredient in numerous industries like glass, foundry, construction, oil & gas and fillers & extenders and many more. Also, Silica sand used for water purification and manufacture of glass, synthetic foundry moulding catalysts, disodium ultramarine etc. Industrial silica sand is also used for acid heat resistant ceramics, pottery glaze, refractories, enamel etc.
Industrial silica sand market report is segmented on the basis of end-user industries and by regional & country level. Based upon end-user industries, industrial silica sand market is classified into glass manufacturing, foundry, chemical production, construction, paints & coatings, ceramics & refractories, filtration, oil & gas and other.
Industrial silica sand market report covers prominent players are,
U.S. Silica Completed Acquisition of EP Minerals
News: May 1, 2018 – U.S. Silica Holdings, Inc. announced acquisition of EP Minerals, a global producer of engineered materials derived from industrial minerals including diatomaceous earth (DE), clay (calcium bentonite) and perlite. This acquisition helps to increase the company’s industrial material product offerings such as filter aids, absorbents and functional additives for a variety of industries including food and beverage, biofuels, recreational water, oil and gas, farm and home, landscape, sports turf, paint, plastics, and insecticides.
Increasing development of the glass industry is key impacting factors deriving the growth of the global industrial silica sand market. Moreover, rise in investment in the global construction sector, specifically in the residential and commercial sector, growing population and urbanization, these factors will increases the market growth in forecast period. According to the Our World in Data, more than 4 billion people live in urban areas across the globe and United Nation expected that 68 % of the world’s population will live in urban areas by 2050. However, development of sand-free construction products and illegal mining of sand will hamper the development of industrial silica sand market. However, the growing hydraulic fracking activities and the increasing investment in research and development are expected to boost the opportunity for the growth of industrial silica sand market in forcaste peried.
North America is dominating the industrial silica sand market with the highest share due to rising awareness among the people about advanced development in glass, rapid economic recovery, growth in population & urbanization and rising awareness among the people about advanced development in coatings. These factors are expected to contribute to the regional growth in the forecast period. According to The American Coatings Association (ACA), there were over 46,900 paint and coatings establishments in the United States in 2016. According to the Our World in Data, UN estimates therefore report that 54 percent of people in the world lived in urban areas in 2016. According to The American Coatings Association (ACA), there were over 46,900 paint and coatings establishments in the United States in 2016.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to the increase in construction industries, increasing demand for glass from the rapidly growing automotive and construction sectors in the emerging countries, such as China and India. Moreover, growing consumption of industrial coatings in oil and gas industries in the major countries in Asia are contributing to regional market growth in forecast period. In 2017, the third largest export market for U.S. paint and coatings products was China at USD 100 million, According to The American Coatings Association (ACA).
Regional & Country Analysis
Middle East and Africa
|Historical data||2016 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 8.36 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||7.60%|
|Market Size Expected in 2028:||USD 13.97 Billion|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Emerge Energy Services LP, Hi-Crush Partners, Preferred Sands, Premier Silica, Pattison Sand, Minerali Industriali, Covia, Fairmount Minerals, Sibelco, US Silica, Quarzwerke GmbH, Badger Mining, Others|
|Segments Covered||By End-user Industries|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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