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Silica Sand Market Research Report - Forecast till 2030

Silica Sand Market: Information by Mesh Size (<70 mesh, 70-120 mesh, 120-200 mesh and >200 mesh), Grade (Glass, Foundry and Chemical), Process (Wet Silica Sand and Dry Silica Sand), Application (Glass, Hydraulic Fracturing, Foundry, Construction, Chemicals, Water Filtration, Paints & Coatings, Ceramics and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2030

ID: MRFR/CnM/6744-CR | August 2019 | Region: Global | 163 Pages         

Silica Sand Market

The silica sand industry occupies a CAGR of 6.75% and is expected to reach a silica sand market value of USD 21, 657.8 million during the forecast period till the end of 2030.

Segmentation

By Mesh Size <70 mesh 70-120 mesh 120-200 mesh >200 mesh
Grade Glass Foundry Chemical
Process Wet Silica Sand Dry Silica Sand
Application Glass Hydraulic Fracturing Foundry Construction Chemicals Water Filtration Paints & Coatings Ceramics Others

Key Players

  • S. Silica of the United States
  • Fairmount Santrol of the United States
  • Sibelco of Belgium
  • Toyota Tsusho Corporation of Japan
  • IMOSA of Spain
  • Emerge Energy Services of the United States
  • Badger Mining Corporation of Germany
  • Cairo Fresh for Minerals
  • Quarries Materials of Egypt
  • Trochu Corporation of Japan
  • Euroquarz GmbH of Germany and
  • American Elements of the United States

Drivers

  • The expanding glass industry is expected to be the major driver of the growth
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Silica Sand Market Overview


As per the silica sand market trends, it has been marked that the silica sand industry occupies a CAGR of 6.75% and is expected to reach a silica sand market value of USD 21, 657.8 million during the forecast period till the end of 2030.


Silica symbolizes the group of minerals that comprises silicon and oxygen. It has been found that silica sand is a grain-like material that consists of quartz and a small amount of clay, coal, and various other minerals. Silica sand is a type of quartz, which on wear and tear by wind and water disintegrates into small grains of sand. It is used for various purposes like glass making, for construction activities, treatment of water, metal casting and foundry, and many more. It has been marked that silica sand has been used as a raw material for manufacturing the glass and also for various other applications. Silica sand has some properties like it is chemically inert, has a high melting point, and is extremely hard. Silica sand is also called quartz sand or industrial sand. Silica sand is highly pure along with controlled sizing.


COVID 19 ANALYSIS


The outbreak of COVID has led to the downfall of the silica sand market value. Due to such a situation, the government has imposed a lockdown and shutdown as the COVID has affected various countries. Due to the outbreak of the pandemic, economic activities were hindered. A few shops came to a standstill. The demand for the oil and gas industry decreased and the market was worst affected during this pandemic. Moreover, it was also found that the construction and many other manufacturing units were badly affected during this period. Moreover, it is expected that the situation will normalize in a certain period.


COMPETITIVE LANDSCAPE


Some of the key players emerging in the silica sand industry are



  • S. Silica of the United States,

  • Fairmount Santrol of the United States,

  • Sibelco of Belgium,

  • Toyota Tsusho Corporation of Japan,

  • IMOSA of Spain,

  • Emerge Energy Services of the United States,

  • Badger Mining Corporation of Germany,

  • Cairo Fresh for Minerals and Quarries Materials of Egypt,

  • Trochu Corporation of Japan,

  • Euroquarz GmbH of Germany and

  • American Elements of the United States.


Some of the market players emerging in the silica sand industry are merging and building partnerships to strengthen themselves for acquiring at the top position throughout the market.


Global Silica Sand Market Revenue, by Application, 2018 (USD Million)  Silica Sand Market


Sources: MRFR Analysis


MARKET DYNAMICS


Drivers

Expansion of the glass industry is expected to be a driving factor for rising silica sand market growth. Silica sand has been widely used for glass-making applications as well as in the automotive and construction industry. This material has the required clarity, refractoriness property, high grain strength, and required color for glass making.


Opportunities

Silica sand used in the foundry industry helps in projecting the silica sand market growth where it is used as molding and core-making material in both ferrous and non-ferrous materials. Silica sand is in large demand in the iron and steel industries where it helps make cores and molds helpful in metal castings.


Challenges

Deterioration in market revenue and market growth potential is the main challenging factor for market growth. Sand being too heavy raises the prices of transportation.


Cumulative Growth

The growth and market expansion of the solar PV industry across the globe raises the demand for adopting high-quality silica and for producing photovoltaic glass.


Restraints

Mining the sand illegally and developing there in an abrupt manner will likely affect the silica sand market. The silica sand market if does not grow at a steady rate then the growth of the market will be hampered.

MARKET SEGMENTATION


By type

The graphene market is classified into mesh size, grade, process, and application. The mesh size covers the largest market share of high CAGR in 2018 during the assessment period. This is due to its growth in consumption related to water filtration, paints and coatings, and mostly hydraulic applications. The mesh size gives sphericity and high grain strength. Based on grade, the glass segment holds a CAGR of 41.22% in 2018and it occupies a dominant growing segment during the graphene market forecast period. This is due to the rise in demand for flat glass used for construction and automotive market moreover in emerging regions of India, Mec=xico, and the Philippines.

As per the silica sand market trends, silica sand is expected to dominate the whole market whereas the market covers a CAGR of 61%. This segment projects at a high rate and is expected to do so in the upcoming years. This thus owes to the easy handling and easy consumption used for glass making. Based on application, the hydraulic section holds a large market share of CAGR 41.39% during the forecast period. It is expected to project at a USD of 10,180.7million during the forecast period and it extends till 2024. Silica sand is used as a propellant in the case of hydraulic fracturing of shale gas and also in the oil industry. It is also used as a flux for lowering down the viscosity and also in melting point which makes it more effective and more reactive.


By technology

Technology led to the manufacturing of high purity silica products. With the help of technology, it has been used in sandblasting.


Global Silica Sand Market Share, by Region, 2017 (%)  Silica Sand Market


Sources: MRFR Analysis


REGIONAL ANALYSIS


The Asia Pacific market is expected to occupy a large silica sand market share of 39.6% during the market forecast period. Asia Pacific region is expected to occupy the highest CAGR of 7.65%  by the end of the market forecast period of 2024. This is due to the rise of urbanization, availability of raw kinds of stuff which helps enhance the growing consumption in different end-user industries. China is said to be the next leading country throughout the world which was valued to project at a silica sand market value of USD 3064.3 million during 2018. Thus it owes to occupy a large consumer base and grows at a healthy rate. The high demand for oil and gas industries in the regions of Japan, India, Australia, and New Zealand.

North American projects to occupy the second-largest share of CAGR value 37.7% during 2018 whereas it has been marked that it occupies a CAGR of 6.49% during the assessment period, this region owes to the maximum consumption of silica sand used in glass purposes. The rise in demand for frac sand raises the demand for the shale gas industry which is further antici[ated to steer up the market growth. The United States of America is marked to be the leading consumer region due to its high shale gas industry base. This region is in high demand due to the setup of different companies manufacturing frac sand.


RECENT DEVELOPMENT


November 2021: Researchers at Oak Ridge National Laboratory (ORNL) developed a water-soluble new polymer that binds silica sand for 3D-printing molds, prototypes, and part manufacturing in industries like automotive and aviation. When compared to traditional binders, the ORNL researchers developed a polyethyleneimine (PEI) binder that doubled the strength of sand components. Binder jet printed objects that are initially porous are strengthened by adding cyanoacrylate to fill gaps, resulting in an eight-fold increase in strength over the initial output. The reaction of the polymer to bind with the cyanoacrylate during curing strengthens the PEI binder.

November 2021:
VRX marked a significant milestone by signing offtake terms deal with two South Korean enterprises for the supply of silica sand from its Arrowsmith North project. Dong A Heung Eop Mining Co and DongNam Corporation, offtake partners, are key suppliers of foundry sand to Hyundai Motors, Kia Motors, and Renault Samsung Motors. As companies look to replace diminishing volumes from present suppliers, the company expects this terms sheet to support future deliveries into the South Korean market.

Emerge Energy in June 2018
, launched its in-basin sand expansion in the region of Kingfisher County of Oklahoma. This in-basin expansion will increase the production of silica sand up to 1.5 billion tons per year. The new mining area comprises 65% of 100 sand mesh; the rest percentage of its deposit consists of 40/70 sand.


Fairmount, in partnership with Unimin in May 2018
, manufactures various industrial solutions which help in serving the energy industry as well as in the manufacturing sector. Their partnership has raised the voluminous capacity of the products to 45 million tons.


S. Silica in March 2018
, merged with EP Minerals, a renounceable pioneer company that is very much famous for industrial minerals as well as for engineered minerals. EP Minerals is expanded as it carries some of the unique minerals which comprise additives, absorbents, and filtration which help in the expansion of the market where it carries a high market value.


REPORT OVERVIEW 


The report gives a good estimate of the market scenario ranging during the forecast period of 2020-2027. The report gives good details about the market segmentation and also gives details about the regional analysis of various regions. It gives details about the recent developments so dine in the silica sand market. From the report analysis, you will find about the rising silica sand market value. It gives details about the growth factors and about the factors that hinder the market growth. You will mark about the building partnership and the strategies so adopted by them.



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2024: USD 21,657.4 Million
  • 2030 : Significant value
  •   CAGR   6.75%(2022–2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Mesh Size, , Grade, Process, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   U.S. Silica (US), Fairmount Santrol (US), Sibelco (Belgium), Toyota Tsusho Corporation (Japan), IMOSA (Spain), Emerge Energy Services (US), Badger Mining Corporation (Germany), Cairo Fresh for Minerals & Quarries Materials (Egypt), Tochu Corporation (Japan), Euroquarz GmbH (Germany), and American Elements (US).
      Key Market Opportunities   The increasing application of silica sand in the foundry industry is expected to be another major factor driving the global market growth.
      Key Market Drivers   The expanding glass industry is expected to be the major driver of the growth


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    Frequently Asked Questions (FAQ) :

    The CAGR would be 6.75% during the forecast period of 2019 to 2024.

    The market valuation would be USD 21,657.4 million.

    The booming glass industry would be the main factor.

    The <70 mesh segment would enjoy the upper hand.

    The glass segment has the ability to smoothly grow.

    Industrial sand has some of the properties which include that it has a high melting point of approximately 1610 Celsius which helps cast metal and aluminum alloys which ranges from the melting point of 1510 Celcius to 650 celsius. Industrial glass is used for manufacturing flat glass which is moreover useful for tableware, automotive, and glass jars for serving food and beverages.

    Silica sand being thermally resistant also has the property of withstanding the high pressure of the molten metal. Along with this, it exhibits the property of having high bond strength and high refractoriness. It is expanding thermally at a low rate and produces stable cores and molds which are very much compatible with both pouring temperatures and metal alloy systems. Silica sand has a sulfur dioxide component for the formulation of glass.

    Some of the companies are U. S. Silica and Fairmount Santrol.