Silica Sand Market Demand, Trends and Business Opportunities 2023-2028

Author: Elena Anderson Marketing Manager

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Global Silica Sand Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled “ Silica Sand Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28

,” the global silica sand market size reached US$ 22.9 Billion in 2022.

Also known as industrial sand, silica sand (SiO2) represents one of the most commonly used varieties of sand. It is derived from quartz that breaks down into minute granules by the gradual movement of wind and water. It also contains aluminum, feldspar and iron-bearing minerals. As silica sand is resistant against heat and chemicals, it finds various applications in the construction industry. Besides this, it is also used in water filtration, industrial casting, sandblasting, building roads, and paints and coatings across the globe.

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Global Silica Sand Market Trends:

Due to the mechanical properties of silica sand, it is extensively utilized in the production of fiberglass, which is further employed in the automotive industry. This, in confluence with the escalating demand for automobiles on account of the growing global population and inflating income levels, represents one of the key factors impelling the market growth.

Apart from this, governments of several countries are offering substantial subsidies to silica sand manufacturers, which is also bolstering the market growth. Furthermore, key players are focusing on technological advancements to introduce lightweight glazing glass, nanotechnology in flat glass, and solar control glazing for building glass.

Looking forward, the market value is projected to grow at a CAGR of 5.6% during the forecast period (2023-2028).

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Key Market Segmentation

The research report includes the following segments:

Breakup by End-Use:

• Glass Industry

• Foundry

• Hydraulic Fracturing

• Filtration

• Abrasives

• Others

Regional Insights:

• China

• United States

• Italy

• Turkey

• Germany

• Australia

• Others

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Competitive Landscape with Key Players:

The global silica sand market is fragmented due to the presence of a large number of manufacturers. The profiles of key players operating in the market have been included in the report.

1. What was the size of the global silica sand market in 2022?

2. What is the expected growth rate of the global silica sand market during 2023-2028?

3. What are the key factors driving the global silica sand market?

4. What has been the impact of COVID-19 on the global silica sand market?

5. What is the breakup of the global silica sand market based on the end use?

6. What are the key regions in the global silica sand market?

7. Who are the key companies/players in the global silica sand market?

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