Global Silica Sand Market - Shifting Sands with USD 22.68 Billion Valuation and 5.24% CAGR

According to TechSci Research report, “Silica Sand Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Silica Sand Market stood at USD 22.68 billion in 2022 and is anticipated to grow with a CAGR of 5.24% in the forecast period, 2023-2028. The initiatives taken by the government based on Silica Sand have led to favorable market conditions for the Global Silica Sand Market. Several factors contribute to the growth of various Silica Sand products.

In the United States, the Occupational Safety and Health Administration (OSHA) has outlined comprehensive guidelines on crystalline silica, a common mineral found in various materials such as sand, stone, concrete, and mortar. These guidelines aim to ensure the safety and well-being of workers by protecting them from the potential health risks associated with silica dust exposure.

In the state of Minnesota, the Environmental Quality Board (EQB) has taken proactive measures by adopting and approving plans for regulating silica sand projects. This approach was initiated following the directive of the 2013 Minnesota Legislature, which tasked the EQB with accomplishing several silica sand-related objectives. The objective is to establish a robust framework that promotes responsible mining and processing of silica sand while safeguarding the environment and public health.

Furthermore, to further enhance safety measures, the Mine Safety and Health Administration (MSHA) in the United States has launched the Silica Enforcement Initiative. This initiative encompasses various activities such as inspections, sampling, compliance assistance, and the protection of miners' rights. By implementing these measures, MSHA aims to ensure that mining operations prioritize the health and safety of workers and mitigate the risks associated with silica exposure.

Overall, these combined efforts by OSHA, EQB, and MSHA reflect a commitment to safeguarding workers' health, promoting responsible mining practices, and mitigating the potential risks associated with silica dust exposure in the United States.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Silica Sand Market” @ https://www.techsciresearch.com/report/silica-sand-market/4373.html

Research and development (R&D) activities play a significant role in shaping the industrial silica sand market. These activities are primarily focused on the development of innovative products and technologies that can enhance the efficiency and effectiveness of silica sand utilization across diverse industries.

For instance, in the glass-making industry, R&D initiatives are underway to explore advanced techniques for manufacturing high-quality glass with improved properties, including strength and clarity. This surge in R&D efforts is driving the demand for high-grade silica sand, a crucial component in the production of glass.

Similarly, the construction industry is actively conducting research to formulate sustainable concrete mixtures that incorporate silica sand. This not only reduces reliance on natural resources but also enhances the durability and performance of the concrete. By investing in R&D, industries are able to continuously improve their processes and products, ultimately driving growth and progress in the industrial silica sand market.

The Global Silica Sand Market is segmented into grade, application, regional distribution, and company

Based on its application, the glass manufacturing segment held the largest share of the market. The main ingredient in all varieties of ordinary and specialty glassware is silica sand. It is the primary supplier of the crucial SiO2 (silicon dioxide) component needed to produce glass. The chemical purity of this component plays a vital role in determining the color, clarity, and strength of the glass. In the context of Asia's emerging countries, particularly India and China, the market for silica sand in this application area is expected to experience significant growth.

This can be attributed to the rising demand for flat glass and fiberglass from the electronics and construction industries. Additionally, in industrialized nations like South Korea and Japan, the usage of specialty glass in the respected electronics industry is expected to drive the growth of the glass production industry, potentially leading to an increased demand for silica sand.

Furthermore, glasses find widespread usage in the building sector, serving as essential components in various architectural elements such as windows, doors, interior partitions, balustrades, shopfronts, and railings for stairs and balconies. This presents considerable opportunities for the use of glass and the potential for an increased demand for silica sand.

Based on region, the North America segment is expected to grow during the forecast period. The increase in extraction of oil and natural gas in the region can be attributed to the growing demand for this product in the fracking process. The United States and Canada, being major oil-producing nations, play a significant role in this aspect. To address the challenge of flow breakage, the hydraulic fracturing method is employed, which involves injecting high-pressure water into the well to create fissures in the rock, facilitating the extraction of oil and subsequently increasing the demand for this material. This particular commodity is highly preferred due to its ability to deliver exceptional performance and improved efficiency, which in turn is expected to drive significant revenue growth in the market within this region.

Major companies operating in the Global Silica Sand Market are:

• Badger Mining Corporation
• Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
• Covia Holdings LLC
• Euroquarz GmbH (Possehl Group)
• JFE Mineral & Alloy Company Ltd. (JFE Holdings Inc.)
• Manley Bros. of Indiana Inc.
• Mitsubishi Corporation
• Quarzwerke GmbH
• Tochu Corporation
• SCR-Sibelco NV

Download Free Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4373

Customers can also request for 10% free customization on this report

“Growing application of Silica Sand in various end-user industries are key drivers of the Silica Sand market. Growth in the competitive landscape and the presence of well-established companies in the market who are dedicated to enhancing their productivity of Silica Sand with every passing year is anticipated to register impressive growth in the Global Silica Sand Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Silica Sand Market By Grade (A, B, C, D, E, F, Others), By Application (Glass Manufacturing, Foundry, Hydraulic Fracturing, Chemical Production, Construction, Paints & Coatings, Ceramics & Refractories, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Silica Sand Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Silica Sand Market.

You may also read:

Decorative Coatings Market Defending with Style for Surface Protection and Enhancement

Global Synthetic Zeolites Market Valued at $5.72 Billion, Leading with Ion Exchange Innovations

Global Optical Ceramics Market Projection Anticipating Growth with 6.76% CAGR

Global Ink Additives Market Expansion Driving Efficiency with Data-Backed Growth

Europe Ethyl Acrylate Market Statistics Unveiling Insights and Trends

Table of Content-Global Silica Sand Market 

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Global Silica Sand Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Grade (A, B, C, D, E, F, Others)

4.2.2. By Application (Glass Manufacturing, Foundry, Hydraulic Fracturing, Chemical Production, Construction, Paints & Coatings, Ceramics & Refractories, Others)

4.2.3. By Region

4.2.4. By Company (2022)

4.3. Market Map

4.3.1. By Grade

4.3.2. By Application

4.3.3. By Region

5. Asia Pacific Silica Sand Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Grade

5.2.2. By Application

5.2.3. By Country

5.3. Asia Pacific: Country Analysis

5.3.1. China Silica Sand Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Grade

5.3.1.2.2. By Application

5.3.2. India Silica Sand Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Grade

5.3.2.2.2. By Application

5.3.3. Australia Silica Sand Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Grade

5.3.3.2.2. By Application

5.3.4. Japan Silica Sand Market Outlook

5.3.4.1. Market Size & Forecast

5.3.4.1.1. By Value

5.3.4.2. Market Share & Forecast

5.3.4.2.1. By Grade

5.3.4.2.2. By Application

5.3.5. South Korea Silica Sand Market Outlook

5.3.5.1. Market Size & Forecast

5.3.5.1.1. By Value

5.3.5.2. Market Share & Forecast

5.3.5.2.1. By Grade

5.3.5.2.2. By Application

6. Europe Silica Sand Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Grade

6.2.2. By Application

6.2.3. By Country

6.3. Europe: Country Analysis

6.3.1. France Silica Sand Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Grade

6.3.1.2.2. By Application