Low-grade Silica Sand Market was valued at USD 3.2 Billion in 2022 and is projected to reach USD 4.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Looking ahead to 2023 to 2033, the demand for low-grade silica sand is poised for significant changes. Key industries like hydraulic fracturing, foundries, and construction are expected to continue driving the market forward. The growth in unconventional oil and gas extraction, particularly through fracking, is anticipated to fuel demand for low-grade silica sand used in proppant applications. Furthermore, emerging markets in Asia-Pacific and Africa, with their growing infrastructure projects, are likely to contribute to higher consumption levels. In contrast, stricter environmental regulations and the shift towards sustainability in the mining and sand production sectors may pose challenges to the growth of low-grade silica sand markets in the coming years.
As the demand for construction materials grows in developing countries, low-grade silica sand will remain a crucial ingredient in producing concrete, cement, and asphalt, driving long-term market expansion. On the other hand, advancements in alternative materials and technologies, such as the development of recycled sands or synthetic alternatives, may offer new competition to the silica sand market. Innovations in sand processing technology are also expected to improve the quality of low-grade silica sands, enhancing their usability and enabling new applications in industries like manufacturing and automotive.
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The low-grade silica sand market, spanning from 2018 to 2022, experienced fluctuations driven by various factors, including demand from industries like glass manufacturing, construction, and hydraulic fracturing. During this period, the global demand for silica sand grew steadily due to the increasing need for glass products and the expansion of the construction sector. However, challenges such as supply chain disruptions and regulatory constraints impacted the market dynamics. The low-grade silica sand segment, in particular, saw consistent demand from applications where high-purity silica was not required, such as in construction and industrial uses. The market grew at a moderate pace, with the total value of low-grade silica sand being affected by the price volatility of raw materials and regional supply-demand imbalances.
Hisagoya
Mangal Minerals
JFE MINERAL & Alloy
PUM Group
Rock Energy International
Tochu Corporation
Toyoura Keiseki Kogyo Co. Ltd.
U.S. Silica
Donghai Colorful Mineral
Van-Bent Minerals
Australian Silica Quartz Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Low-grade Silica Sand Market
Glass Industry
Semiconductor Industry
Achitechive
Others
Based on Types the Market is categorized into Below types that held the largest Low-grade Silica Sand market share In 2023.
Below 90%
90%-99%
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Low-grade Silica Sand Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Low-grade Silica Sand Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Low-grade Silica Sand Market, By Type
6. Global Low-grade Silica Sand Market, By Application
7. Global Low-grade Silica Sand Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Low-grade Silica Sand Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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