ID: MRFR/CnM/6744-CR | 163 Pages | Author: Anshula Mandaokar | August 2019
Silica Sand Market Size was valued at USD 12.6 billion in 2021. The Silica Sand market industry is projected to grow from USD 13.4 billion in 2022 to USD 21.24 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.75% during the forecast period (2022 - 2030). Rising glass industry is the key market driver enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The group of minerals that includes silicon and oxygen is represented by silica. It has been discovered that silica sand is a grain-like substance made primarily of quartz with traces of coal, clay, and other minerals. A form of quartz called silica sand breaks down into tiny sand grains as a result of wind and water erosion. Itis used for many different things, including the production of glass, building work, water filtration, metal casting, and foundries, to name a few. It has been noted that silica sand has been utilised both as a raw material and in a number of other applications for the production of glass. Some characteristics of silica sand includechemical inertness, a high melting point, and exceptional hardness.
The Silica Sand market segmentation, based on mesh size, includes <70mesh, 70-120 mesh, 120-200 mesh, and >200 mesh. The <70mesh Silica Sand segment held the majority share in 2021 contribution to the Silica Sand market revenue.
The Silica Sand market segmentation, based on grade, includes glass, foundry, chemical, and process. The glass segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. This is due to the rising demand from the construction market, increasing per capita income, technological advancement and increasing automotive production and sales.
Silica makes up more than 70% of the final weight of glass, according to the National Institute Sand Association (NISA), which states that silica is one of several distinct commodities needed to produce glass. Under this section, flat glass, specialty glass, container glass, fibreglass insulation, and others are taken into account. Container glass is utilised in food and beverage applications as well as dinnerware, whereas flat glass is frequently employed in automotive and construction applications. During the forecast period of 2021–2026, a major increase in investments and expansions together with the rising demand from these sectors is anticipated to accelerate market growth.
The Silica Sand market data has been bifurcated by process into wet silica sand and dry silica sand. The wet silica sand segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030.
Figure 3: SILICA SAND MARKET SHARE BY PROCESS 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
April 2021: NuVasive, Inc. received FDA approval for the NuVasive Simplify Cervical Artificial Disc (Simplify Disc) for two-level cervical total disc replacement (cTDR). This approval has further broadened the growth opportunity for the Silica Sandindustry.
March 2020: DePuy Synthes received the European CE mark for its new BI-MENTUM Dual Mobility System for use in patients having a higher risk of dislocation. This system is designed to reduce the risks of dislocation
Based on Application, the Silica Sand industry has been segmented into glass, hydraulic fracturing, foundry, construction, chemicals, water filtration, paints & coatings, ceramics and others. Hydraulic fracturing segment held the largest segment share in 2021, owing to the increasing use of the silicon sand in the construction work. In the case of hydraulic fracturing in the oil industry and shale gas silica sand is used. It is also used in melting point and also as flux for lowering down the viscocity. Due to rising use of silica sand in construction work the market will grow in the forecast period.
Future infrastructure projects are expected to boost the construction industry in a number of nations, increasing demand for silica sand in a variety of industries. For instance, the development of the Grand Paris Express, Tour Triangle, and ASVEL arena in France are predicted to encourage the expansion of the silica sand industry.
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific silica sand market accounted for USD 5.43 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the availability of raw material and increasing consumption in different end-users across the region. Moreover, China silica sand market held the largest market share, and the India silica sand market was the fastest growing market in the Asia-Pacific region due to growing demand for oil and gas industries.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: SILICA SAND MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe silica sand market accounts for the second-largest market share. Further, the Germany silica sand market held the largest market share, and the UK silica sand market was the fastest growing market in the European region.
The North America silica sand market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to increased use of silica sand in construction work and glass making across the region
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Silica Sand market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the silica sand industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the silica sand industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, silica sand industry has provided medicine with some of the most significant benefits. The silica sand market major player such as 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 Services of the Germany, Cario Fresh for Minerals, Quarries Materials of Egypt, Trochu Corporation of Japan, Euroquarz GmbH of Germany, American Elements of the United States and others are working to expand the market demand by investing in research and development activities.
Sibelco of Belgium, is a Belagian metal and mineral extraction company. It has over 245 production units worldwide for the production, extraction and distribution of the main industrial minerals cristobalite, nepheline syenite, plastic, clay, quartz, and olivine.
For Instance: July 2022, In Northern Spain's Basque Country, near Victoria, Sibelco announced the acquisition of Echasa S.A., a mining firm engaged in silica sand extraction from the Laminoria quarry. This acquisition supports Sibelco's 2025 aim to dominate the silica sand market worldwide.
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 Services of the Germany
Cario Fresh for Minerals
Quarries Materials of Egypt
Trochu Corporation of Japan
Euroquarz GmbH of Germany
American Elements of the United State
November 2021: scientists at Oak Ridge National Laboratory (ORNL) created a novel polymer that binds silica sand and can be used to 3D-print prototypes, moulds, and parts for the automobile and aviation industries. The polyethyleneimine (PEI) binder created by ORNL researchers increased the strength of sand components when compared to conventional binders. Binder jet printed items that are initially porous are made eight times stronger by applying cyanoacrylate to fill in the spaces. The PEI binder is strengthened by the polymer's response to bind with the cyanoacrylate during curing.
November 2021: By finalising an offtake conditions agreement with two South Korean businesses for the supply of silica sand from its Arrowsmith North project in November 2021, VRX achieved a key milestone. Hyundai Motors, Kia Motors, and Renault Samsung Motors depend on offtake partners Dong A Heung Eop Mining Co and DongNam Corporation as major foundry sand suppliers. The company anticipates that this terms sheet will boost future deliveries into the South Korean market as businesses attempt to replace declining volumes from current suppliers.
Silica Sand Mesh Size Outlook
<70 mesh
70-120 mesh
120-200 mesh
>200 mesh
Silica Sand Grade Outlook
Glass
Foundry
Chemical
Silica Sand Process Outlook
Wet Silica Sand
Dry Silica Sand
Silica Sand Application Outlook
Glass
Hydraulic Fracturing
Foundry
Chemicals
Water Filtration
Paints & Coatings
Ceramics
Others
Silica Sand Regional Outlook
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
Report Attribute/Metric | Details |
Market Size 2021 | USD 12.6 billion |
Market Size 2022 | USD 13.45 billion |
Market Size 2030 | USD 21.24 billion |
Compound Annual Growth Rate (CAGR) | 6.75 % (2022-2030) |
Base Year | 2021 |
Market Forecast Period | 2022-2030 |
Historical Data | 2018 & 2020 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product Type, Operating Platforms, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | 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 Services of the Germany, Cario Fresh for Minerals, Quarries Materials of Egypt, Trochu Corporation of Japan, Euroquarz GmbH of Germany, American Elements of the United States |
Key Market Opportunities | Increasing demand of glass industry |
Key Market Dynamics | Increasing demand in construction industry Increasing demand for glass making Use of silica sand in oil industry |
The silica sand market size was valued at USD 12.6 Billion in 2021.
The market is projected to grow at a CAGR of 6.75 % during the forecast period, 2022-2030.
Asia-Pacific had the largest share in the market.
The key players in the market 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 Services of the Germany, Cario Fresh for Minerals, Quarries Materials of Egypt, Trochu Corporation of Japan, Euroquarz GmbH of Germany, American Elements of the United States.
The wet silica sand category dominated the market in 2021
Hydraulic fracturing had the largest share in the market.
Key Questions Answered
Why Choose Market Research Future?