Silica Sand Market Forecast: Size, Share, Opportunities, and Revenue Analysis from 2024 to 2030
Silica Sand Market size was valued at USD 24.49 Bn. in 2023 and the total Silica Sand Market revenue is expected to grow at 6.5 % from 2024 to 2030, reaching nearly USD 38.06 Bn.
Silica Sand Market Overview:
The global Silica Sand Market is witnessing continual increase mainly due to the rising adoption of Silica Sand across industries. However, recently, applications of the evolving Silica Sand technology have risen drastically due to the Corona epidemic. Proponents of Silica Sand and digital manufacturing solutions are showcasing their potential as enablers of flexible supply chains, decentralizing worldwide production to respond to the disruption.
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Silica Sand Market Scope:
High-quality control for the steam turbine confirms the process remains stable with the high efficiency and increased reliability. Less than tolerable speed control often results in manual control or frequent operator interference in order to stunned speed fluctuations. Manual control hints to inefficient operation and it is also increasing the risk of machine and process trips.
The objective of the report is to present a comprehensive assessment of the global turbine control system market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global turbine control system market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Silica Sand Market – Segments
by Purity
94% to 95.9%
96% to 97.9%
98% to 98.9%
by Silica Sand Type
Wet Sand
Dry Sand
Frac Sand
Filter Sand
Coated Sand
Others
by Value-Added Products
Polysilicon
Silica Gel
Silica Fume
Silicon Metal
Specialty Glass
Silane Gas
Others
by End Use Industry
Glass Manufacturing
Foundry
Chemical Production
Construction
Paints and Coatings
Ceramics and Refractories
Filtration
Oil and Gas
Other
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Global Silica Sand Market – Regional Analysis
With a market share of over 47.5% in 2023, APAC dominated the silica sand industry, and it is expected that throughout the forecast period, it would grow at a CAGR of 6.5%.Sand, along with marble, clay, and other minor minerals, has been designated by the Indian Ministry of Mines. About 12.2 % of India's overall mining output is made up of minor minerals. In India, silica sand is employed in a wide range of processes, including glass production in foundries, the manufacture of chemicals, building, paintings, etc.In terms of revenue and future market growth, India is one of the key nations in the global construction market. India's economy ranks third in terms of purchasing power parity and is the tenth-largest in the world.
The COVID-19 pandemic caused a slowdown in the domestic construction industry during the fiscal year 2021–2022, but the majority of projects in the commercial sector have driven the construction activities since the lockdown was lifted because they were either public–private partnerships (like smart cities) or already budgeted public projects.The government is pushing major initiatives in the residential sector during the forecast years. By 2022, the government's "Housing for All" plan hopes to have constructed more than 20 million low-cost dwellings for urban poor people. Residential construction will experience a large increase as a result, contributing one-third of the industry's overall value by 2023.
Silica Sand Market – Competitive Analysis
The objective of the report is to present a comprehensive assessment of the global turbine control system market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global turbine control system market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Silica Sand Market Key Players: The key players are:
1. Badger Mining Corporation (US)
2. Covia Holdings LLC (US)
3. Euroquarz GmbH (Germany)
4. JFE MINERAL Co. Ltd (Japan)
5. Mitsubishi Corporation (Japan)
6. PUM GROUP (Malaysia)
7. Sibelco (Belgium)
8. Sunstate Sand Bundaberg Pvt. Ltd. (Australia)
9. TOCHU CORPORATION (Japan)
10. VRX Silica Limited (Australia)
11. Australian Silica Quartz Group Ltd (Australia)
12. Adwan Chemical Industries Company (Saudi Arabia)
13. Tremco Incorporated (US)
14. Smart Sand, Inc (US)
15. Preferred Sands (US)
16. Pattison Sand (US)
17. Aggregate Industries (UK)
18. BROGÅRDSAND AB (Sweden)
19. Kaolin AD (BULGARIA)
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Key Questions Answered in the Silica Sand Market Report are:
Which sub-segment had the largest share in the Silica Sand Market?
How is the competitive landscape of the Silica Sand Market in 2023?
Which are the key drivers impacting the Silica Sand Market growth?
Which region holds the maximum share in the Silica Sand Market?
What will be the CAGR of the Silica Sand Market during the forecast period (2023–2029)?
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