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 Insights
Silica Sand Market was valued at USD 21.60 million in 2019 and USD 22.9 million in 2019 and it is expected to reach at USD 36.49 million by 2031, at a CAGR of 6% over the forecast period (2024-2031).
Silica sand is also known as quartz sand, and it is the primary component of glass. The product has a wide range of applications, and it is used in industries such as construction, metallurgy, foundry, glass and ceramics, and more. One of the most important applications in the global silica sand market is in the construction industry. It is used as an aggregate in concrete and mortar, and it is also used to make bricks and other building materials. Silica sand can also be used in landscaping projects to create pathways or to add drainage.
Silica sand is also widely used in the foundry industry. Foundries use silica sand to produce molds for metal casting. The molds must be made from a material that can withstand high temperatures, and silica sand meets this requirement. Silica sand can also be used to make cores for casting aluminum and other metals. In the global silica sand market, the ceramics industry uses silica sand to produce ceramic products such as tiles and pottery. Silica sand provides the necessary cohesiveness and strength required for these products. In addition, silica sand is used in the production of glass and ceramic parts.
The growing demand for silica sand can be attributed to a number of factors. First, the increased use of Silica sand in many industries has resulted in an increase in its price. Second, the rising popularity of hydraulic fracturing or "fracking" has also led to a greater demand for silica sand, as it is one of the key ingredients used in this process. Third, the growth of the construction industry, particularly in Asia, has also contributed to the increased demand for silica sand.
All of these factors are expected to continue to drive up the demand for silica sand market in the coming years. This could lead to even higher prices for this commodity and could create challenges for industries that use Silica sand as a raw material.
US Silica Sand Market is poised to grow at a sustainable CAGR for the next forcast year.
Global Silica Sand Market Report Snapshots
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