This report provides an in-depth analysis of the silica sand market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through …
The global silica sand market size reached US$ 24.2 billion in 2023. The market is projected to reach US$ 37.6 billion by 2032, exhibiting a growth rate (CAGR) of 5.04% during 2023-2032.
Historical Market Size (2020): USD 8 billion. Forecast CAGR (2021-2026): 5.5%. Forecast Market Size (2026): USD 11 billion. The rapid urbanisation and growing infrastructure and construction industry are encouraging manufacturers and consumers to increasingly use silica sand for glass making, which provides suitable colour, strength, and ...
Silica Market Size. Silica Market Share. Silica Market Trends. Silica Companies. The Silica Market is expected to reach 517.09 million tons in 2024 and grow at a CAGR of 6.38% to reach 704.48 million tons by 2029. Covia Holdings, US Silica, Sibelco, Evonik Industries AG and Cabot Corporation are the major companies operating in this market.
In conclusion, Silica Sand stands as a versatile resource crucial for multiple industries, driven by geology, market demands, and sustainability considerations. Silica Sand, known for its high purity and abundance, plays a fundamental role in various sectors such as construction, glass manufacturing, and foundry applications.
Silica Sand Market size is forecast to reach US$24.5 billion by 2026, after growing at a CAGR of 5% during 2021-2026. The Silica Sand market is influenced by rising demand from glass manufacturing industry. Silica sand provides the essential silicon dioxide required for glass formulation; hence it is the primary component in all types of standards …
Global Silica Sand Market: The global silica sand market size reached US$ 24.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 37.6 Billion by …
The global silica sand market reached around US$ 14.1 Billion in 2020. Silica sand, generally known as industrial sand, is one of the most common varieties of sand found across the world.
The average silica sand import price stood at $54 per ton in 2022, rising by 8.9% against the previous year. Overall, the import price, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices attained the ...
The Silica Sand market primarily depends on the downstream demands from the construction sector as Silica Sand is majorly utilized as the main structural component in various construction-related processes and in glass, painting, and coating industries. High global inflation, with Germany undergoing a Recession and two major US banks …
The global Silica Sand market size is expected to reach USD 36.49 million by 2030 and exhibit a CAGR of 6% in the forecast period (2023−2030), according to Skyquest's latest research report. The ...
Report Outlook. The global washed silica sand market was valued at USD 16.63 million in 2022 and is expected to grow at a CAGR of 5.62% during the forecast period. The demand for washed silica sand in the construction, container glass, specialty glass, fiberglass, foundry, oil well cementing, and cosmetics sectors is anticipated to rise ...
The global silica sand for glass making market is expected to be valued at US$ 5.7 billion in 2023. As per the research, the market is expected to register a CAGR of 4.1% between 2023 and 2033. The valuation is projected to cross US$ 8.5 billion by 2033. Significant factors which might propel the demand for silica sand for glass making are:
The Saudi Arabia silica sand market attained a volume of about 716.20 KMT in 2023, driven by the heightened demand for silica sand in the construction and glass industry. Aided by rising demand for solar panel glass production, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.5%.
Silica Sand Market was valued at USD 21.60 million in 2021 and USD 22.9 million in 2022 and it is expected to reach at USD 36.49 million by 2030, at a CAGR of 6% over the …
The Silica Sand Market size is estimated at 354.18 Million tons in 2024, and is expected to reach 455.19 Million tons by 2029, growing at a CAGR of 5.15% during the forecast period (2024-2029). The market was negatively impacted due to COVID-19. Owing to the pandemic, several countries worldwide went into lockdown to curb the spread of …
North America Silica Sand - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2024 - 2029 - The North America silica sand market is estimated to reach 133.2 million tons by the end of this year and is projected to reach 165.34 tons in the next five years, registering a CAGR of 4.42% during the forecast period.
The Silica Sand Market size is estimated at 354.18 Million tons in 2024, and is expected to reach 455.19 Million tons by 2029, growing at a CAGR of 5.15% during the forecast period (2024-2029). The market was negatively impacted due to COVID-19.
The global silica sand market size reached US$ 24.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 37.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. The global market is primarily driven by the increasing demand from the construction and glass manufacturing industries, continual ...
According to the report the Saudi Arabia silica sand market is projected to grow at a CAGR of 6.5% between 2024 and 2032. Aided by the thriving manufacturing sector of the country, the market is expected to grow significantly by 2032. Silica sand, also known as industrial sand, is one of the most common varieties of sand found across the world.
The global demand for silica sand for glass making was valued at USD 5.4 Billion in 2022 and is expected to reach USD 4.3 Billion in 2030, growing at a CAGR of 4.3% between 2023 and 2030. Glass containers (colored, colorless) are the market leader in material and hold over 35% of the market's value in 2022, while fiber glass is …
Silica sands command higher prices than con-struction sands and serve a wider geographical market, including exports. Markets Silica sands are essential raw materials for glassmaking and a wide range of other indus-trial and specialist horticultural applications (Figure 1). Historically an important market for silica sand was in foundry casting ...
Top Export Markets for Silica Sand from Indonesia in 2022: China (800.4K tons) Silica Sand Imports in Indonesia. For the third year in a row, Indonesia recorded decline in supplies from abroad of silica sands (quartz sands or industrial sands), which decreased by -33% to 7.1K tons in 2022. Overall, imports faced a sharp reduction.
The global Industrial Silica Sand market was valued at US$ 8751 million in 2023 and is anticipated to reach US$ 10750 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024 ...
The fastest growing import markets in Silica sands and quartz sands for Jordan between 2021 and 2022 were Germany ($34.4k), United Kingdom ($29.8k), and Netherlands ($27.2k). COMPANIES In 2023, leading companies such as WAL-MART INC.
Silica sand prices remained stable at USD 61/MT FOB Hamburg, Germany, for March and February 2023 due to low demand from the domestic market despite ample supply. Regional freight charges remained high, and inflation was …
Demand for high-purity silica sands, which are used to make glass as well as high-tech products like solar panels and computer chips, is also soaring. America's surging fracking industry also ...
Looking forward, the market value is projected to grow at a CAGR of 4.9% during forecast period 2024-2032. Market Summary: Based on the end-use, the market has been segmented into the glass industry, foundry, hydraulic fracturing, filtration, abrasives and others. At present, silica sand is mostly utilized in the glass industry, …
The global silica market size was valued at 468.40 million tons in 2022. It is projected to reach 818.64 million tons by 2031, expanding at a compound annual growth rate (CAGR) of 6.40% during the forecast period (2023–2021). Silica, commonly known as silicon dioxide, combines silicon and oxygen found in the earth's crust.