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Industrial Silica Sand Market Trends

  • Report ID: 3397
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Industrial Silica Sand Market Trends

Growth Drivers

  • Increasing Demand for Silica Sand from a Wide Range of Industries
  • Rising Number of Infrastructural and Construction Activities

Challenges

  • High Transportation Cost of Industrial Silica Sand

Industrial Silica Sand Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.8%

Base Year Market Size (2023)

USD 15.84 billion

Forecast Year Market Size (2036)

USD 29.14 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Author Credits:  Rajrani Baghel


  • Report ID: 3397
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of industrial silica sand is assessed at USD 16.45 billion.

Industrial Silica Sand Market size was over USD 15.84 billion in 2023 and is likely to reach USD 29.14 billion by 2036, growing at around 4.8% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing demand for silica sand from a wide range of industries and rising number of infrastructural and construction activities.

Asia Pacific is estimated to dominate majority revenue share by 2036, on the back of increasing construction of shopping malls, commercial buildings, high rise buildings and hotels, and rising use of silica sand in foundries and chemical production in the region.

The major players in the market are Quarzwerke GmbH, Mitsubishi Corporation, U.S. Silica Holdings, Inc., Covia Holdings LLC, Sibelco NV, and others.
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