About Industrial Silica Sand
Industrial silica sand is defined as the high purity silica sand products which contain highly texture and composition. It is suitable for numerous industrial applications such as glass & clay production, foundry work, oil well cement, among others. It is usually found in crystalline form and comprises of rounded sands of pure quartz grains. Various advantages of using silica sand in industries, namely high-quality, pure and well-rounded quartz grains, high compression strength and durability, and others benefit. Increasing glass manufacturing plants and increased applications in the construction industry are anticipated to drive the growth of the industrial silica sand market over the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 202 |
Unit | Value (USD Million) |
CAGR | 5.15% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global industrial silica sand market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Industrial Silica Sand market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chongqing Changjiang River Moulding Material (Group) Co. Ltd (China), Fairmount Santrol Inc. (United States), Sibelco (Belgium), U.S. Silica Holdings Inc. (United States), Mitsubishi Corporation (Japan), Tochu Corporation (Japan), International Silica Industries Company Plc (Jordan), Superior Silica Sands LLC (United States), Saudi Emirates Pulverization Industries Company (Saudi Arabia), Short Mountain Silica (United States), VRX Silica Limited (Australia), FINETON Industries Minerals Limited (China), AGSCO Corporation (United States), JFE Mineral Co., Ltd. (Japan) and Gujarat Mineral (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Toyota Tsusho (Japan) and Tokai Sand (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Silica Sand market by Type (Less than 40 mesh, 40-70 mesh and More than 70 mesh), Application (Glass & Clay Production {High Purity Silica glasses, Specialty Glasses, Fiber Glass, Others}, Foundry work {Product Types, Cooling Technolgy}, Others {Oilwell Cement, Ceramic Frits & Glaze, Sodium Silicate and Cultured Marble, Reinforcing Filler, Additives Others}) and Region.
On the basis of geography, the market of Industrial Silica Sand has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Foundry Product Technology, the sub-segment i.e. Resin coated will boost the Industrial Silica Sand market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Foundry Cooling Technology, the sub-segment i.e. Vibrating Fluid Bed Coolers will boost the Industrial Silica Sand market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vertical Industry, the sub-segment i.e. Glass Industry will boost the Industrial Silica Sand market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Silica Sands Products
Market Growth Drivers:
Increasing Mineral Resource Production in the Asia-Pacific Region and Increasing Use of Industrial Silica Sand in Various Industrial Applications
Challenges:
Employee Health Concerns Related to Respirable Silica Dust
Restraints:
Finite International Trade due to High Cost of Transportation and Handling
Opportunities:
Growing Demand from Emerging Economics such as India, China, and others
Market Leaders and their expansionary development strategies
In December 2022, ProFrac Holding Corp. reported that it has closed its previously-announced acquisition of the Eagle Ford sand mining operations of Monarch Silica, LLC ("Monarch"), and announced that it has entered into definitive agreements to acquire two companies that will grow its pressure pumping footprint and sand mine portfolio.
In January 2023, Solvay is investing at its Livorno site, in Italy, to launch the company’s first unit of circular highly dispersible silica (HDS), made with bio-based sodium silicate derived from rice husk ash. This new breakthrough silicate process provides a circular solution as it gives a second life to rice husk in a local value chain. Coupled with renewable energy integration at the plant, it will allow Solvay to achieve a 50% reduction in CO2 per ton of silica.
Key Target Audience
Manufacturers of Silica Sand, Suppliers of Silica Sand, Wholesalers, Distributors, and Retailers of Silica Sand, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.