Insights from Future Market Research

The size of the Silica Sand Market was estimated at USD 12.6 billion in 2021. By 2030, the market for silica sand is expected to rise from USD 13.4 billion in 2022 to USD 21.24 billion, expanding at a compound annual growth rate (CAGR) of 6.75%. (2022 – 2030). The primary factor accelerating market expansion is the expanding glass sector.

Silica is a mineral that belongs to the same mineral family as silicon and oxygen. It has been established that silica sand is a material that resembles grains and is mostly composed of quartz with minor amounts of clay, coal, and other minerals. Due to wind and water erosion, a kind of quartz called silica sand disintegrates into small sand grains. It is employed in a wide range of activities, such as the manufacture of glass, construction work, water filtering, metal casting, and foundries, to mention a few. It has been observed that silica sand has been used in the manufacture of glass as a raw material and in a variety of other uses. Chemical inertness, a high melting point, and extraordinary hardness are some properties of silica sand.

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Regional Analysis:

The report breaks down the markets by region, including North America, Europe, Asia-Pacific, and the rest of the world. The market for silica sand in the Asia-Pacific region, which had sales of $5.43 billion in 2021, is anticipated to increase at a substantial CAGR over the research period. This is due to the abundance of raw resources and rising demand by various end users in the area. In addition, China’s silica sand market had the greatest market share, and the Asia-Pacific region’s silica sand market in India was expanding at the quickest rate because of the expanding demand from the oil and gas sectors.

Moreover, the United States, Canada, and Germany are the main nations examined in the market analysis. Britain and France. Brazil, South Korea, Australia, China, Japan, India, Spain, Italy, and Spain.

The second-largest market share belongs to the silica sand market in Europe. The silica sand markets in Germany and the UK respectively have the greatest market shares and the quickest rates of growth on the continent of Europe. The silica sand market in North America is anticipated to expand at the quickest CAGR between 2022 and 2030. This is a result of the region’s growing usage of silica sand in glass production and construction projects.

Market Segmentation:

Silica Sand Mesh Size Insights: The market for silica sand is divided into four categories depending on mesh size: 70mesh, 120mesh, 200mesh, and >200mesh. In terms of revenue contribution to the Silica Sand market in 2021, the 70mesh Silica Sand segment had the most share.

Glass, foundries, chemicals, and processes are among the market segments for silica sand depending on grade. Glass was the market’s largest category in 2021, and it is anticipated that it would expand at the fastest rate from 2022 to 2030.

As a result of expanding consumer demand from the construction industry, rising per capita income, technical advancements, and rising car production and sales, according to the National Institute of Sand Association (NISA), silica is one of many unique commodities required to create glass, making up more than 70% of the final weight. Flat glass, specialised glass, container glass, fibreglass insulation, and other types are considered under this area. While flat glass is often used in automotive and construction applications, container glass is frequently used in food and beverage applications as well as tableware.

A significant rise in investments and expansions, together with increased demand from these industries, are predicted to boost market growth during the forecast period of 2021–2026.

Process insights for silica sand: Wet silica sand and dry silica sand have been divided in the market statistics for silica sand based on the manufacturing process. Throughout the projection period, 2022–2030, the sector for wet silica sand is expected to increase at a higher rate than any other.

Application Insights for Silica Sand: The Silica Sand market is divided into glass, hydraulic fracturing, foundries, construction, chemicals, water filtration, paints & coatings, ceramics, and other applications.

Due to the growing usage of silicon sand in building projects, the hydraulic fracturing segment had the greatest segment share in 2021. Silica sand is utilised in hydraulic fracturing for shale gas and the oil sector. Moreover, it is employed in melting points and as a flux to reduce viscosity. The market will expand throughout the anticipated period because of the expanding usage of silica sand in building projects.

Upcoming infrastructure projects are anticipated to increase demand for silica sand in several industries and enhance the construction industry in several countries. For instance, it is anticipated that the construction of the Grand Paris Express, Tour Triangle, and ASVEL stadium in France would promote the growth of the silica sand sector.

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Key Players:

Important suppliers include: IMOSA of Spain, Toyota Tsusho Corporation of Japan, Sibelco of Belgium, Fairmount Santrol of the United States, Silica of the United States, Emerge Energy’Services of the United States, Badger Mining Services of the Germany, Cario Fresh for Minerals, and Quarries Materials of Egypt. Japanese Trochu Company, German Euroquarz GmbH, and American Elements are among examples.

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