Product ID: SQMIG15E2404
Global Silica Sand Market Size, Share, Growth Analysis, By Application(Glass industry, foundry), By Purity(94% to 95.9%, 96% to 97.9%), By End User(construction, glass manufacturing) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2404 |
Region:
Global |
Published Date: February, 2024
Pages:
265
|
Tables:
100 |
Figures:
73
Global Silica Sand Market Dynamics
Silica Sand Market Driver
- Increasing demand for silica sand in construction and other industries.
- Rising price of other substitutes, such as metamorphic rocks.
- Expanding applications of silica sand, such as in glass production, foundry casting, and fracking operations.
- Favorable physical properties of silica sand, including its abundance, high melting point, low thermal expansion coefficient, and low cost.
- Growing awareness of the health risks associated with inhaling crystalline silica dust, which has spurred stricter regulation on mining and handling operations.
- Decreasing availability of high-quality deposits in traditional locations such as Australia and the United States. These shortages have driven exploration and development into new areas such as Africa, Southeast Asia, and South America
Silica Sand Market Restraint
The silica sand market has been growing rapidly in recent years, however there are a number of factors that have hampered its growth.
- One of the biggest obstacles has been the lack of availability of high-quality silica sand. This has led to a number of companies having to import sand from other countries, which has driven up costs and made it difficult to compete with foreign manufacturers.
- Another factor that has hindered the growth of the silica sand industry is environmental regulations. In many areas, mining and processing silica sand can be very damaging to the environment. This has led to a number of companies being reluctant to set up operations in these areas, or face strict regulations that can limit their production.
- Finally, another obstacle facing the silica sand market is the high cost of transportation. Silica sand is very heavy and bulky, making it expensive to transport over long distances. This can make it difficult for companies to set up operations in remote areas where there is a large demand for their product.
Global Silica Sand Market Report Snapshots
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