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Silica Sand Market: Information by Mesh Size (<70 mesh, 70-120 mesh, 120-200 mesh and >200 mesh), Grade (Glass, Foundry and Chemical), Process (Wet Silica Sand and Dry Silica Sand), Application (Glass, Hydraulic Fracturing, Foundry, Construction, Chemicals, Water Filtration, Paints & Coatings, Ceramics and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2024
Nowadays, the increasing application of silica sand in the foundry industry is expected to be another major factor driving the global market growth. Industrial sand has a high melting point of 1610°C, which aids in casting metal and aluminum alloys with melting points of 1510°C and 650°C, respectively. In addition to high thermal resistance, silica sand can withstand the pressure of the molten metal without yielding and further exhibits high bond strength and high refractoriness. A large amount of silica sand is widely used in the iron and steel industries to make cores and molds for metal castings. Moreover, it plays a crucial role in the foundry industry as the main mold and core-making material for both ferrous and non-ferrous castings. Furthermore, its low rate of thermal expansion helps in producing stable cores and molds compatible with all the poring temperatures and metal alloy systems. The Global Silica Sand Market is projected to register a healthy CAGR of 6.75% to reach USD 21,657.4 Million by 2024. Silica is the term given to the group of minerals that are composed of silicon and oxygen. Silica sand is a granular material that contains quartz and a small amount of clay, coal, and other minerals. Silica sand is quartz that over time, through the work of wind and water, is broken down into tiny granules of sand. It finds application in glassmaking, construction, water treatment, metal casting, and foundry, among others. Moreover, it is largely used as a raw material in the manufacturing of glass and other applications due to its properties such as chemical inertness, high melting point, and hardness. It is also known as quartz sand or industrial sand and is a term denoted to high-purity silica sand products with closely controlled sizing.
The Global Silica Sand Market has been segmented by type, by end use and by region. The expanding glass industry is foreseeable to be the major driver of the growth of the global silica sand market in the glassmaking applications in the automotive and construction businesses. Silica sand displays the compulsory clarity, grain strength, refractoriness, and color for glassmaking. Also, it offers the compulsory essential SiO2 module of glass preparation with high chemical purity. Industrial sand is majorly used in the production of flat glass which further is used in tableware, automobiles, and container glass for foods and beverages. Furthermore, it is used to produce specialty glass, television screens, incandescent, and fluorescent lamps, computer cathode ray tube (CRT) monitors, and used in the manufacturing of test tubes. Based on application, the hydraulic fracturing segment held the largest market share of 41.39% in 2018 and is projected to reach USD 10,180.7 million by the end of 2024. Silica sand is used as a proppant in hydraulic breaking in the shale gas and oil industry. Also, it functions as a flux to lower down the thickness and melting point to make them more actual and responsive. In June 2018, Emerge Energy exposed its in-basin sand development in Kingfisher County, Oklahoma. The expansion would upsurge the silica sand production by 1.5 million tons yearly. The new mining area consists of 65% of 100 mesh sand while 35% of the deposits contain 40/70 of sand. Based on mesh size, the <70 mesh segment settled for the principal market share of 42.19% in 2018 and is estimated to register the highest CAGR of 7.22% during the review period. This is accredited to its growing feeding in water filtration, paints and coatings, and hydraulic applications. Besides, this mesh size is ideal for these applications and further offers required sphericity and grain strength. By grade, the glass segment held the main market share of 41.22% in 2018 and is projected to be the wildest-growing segment during the forecast period. This is due to the surging demand for flat glass in the construction and automotive industries, mainly in developing countries such as India, Mexico, and Philippines. Besides, the robust growth viewpoint of the solar PV industry across the globe is likely to augment the demand for high-quality silica sand to produce photovoltaic glass. Based on process, the dry silica sand piece subjugated the global silica sand market with a market share of 61.00% in 2018. Besides, the segment is likely to grow at the highest CAGR in the coming years owing to the easy handling and high ingesting in glassmaking applications.
Geographically, Global Silica Sand Market is split in regions like North & Latin America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. The North American market settled for the second-major market share of 37.7% in 2018 and is likely to display a notable CAGR of 6.49% during the assessment period due to the high consumption of silica sand in the glass submissions. Also, the complementing request for frac sand as a proppant in the shale gas industry is further anticipated to propel the regional market growth. The Asia-Pacific market subjugated the global market accounting the largest share of 39.6% in 2018 and is estimated to register the highest CAGR of 7.65% by the end of 2024. This is attributed to the snowballing urbanization, easy openness of raw material, and increasing consumption in various end-use industries. China is the leading country in the region and was valued at USD 3,064.3 million in 2018 owing to the large consumer base and healthy growth of the foundry and oil & gas industries. The other funders are Japan, India, and Australia & New Zealand. In March 2018, U.S. Silica acquired EP Minerals, which is an inventor company in trade reserves and engineered resources. EP Minerals’ outreach market of unique minerals, which comprises additives, absorbents and purification will expand the market reach of U.S. Silica. The US is the principal consumer in the region owed to the strong shale gas industry base and presence of major frac sand producing companies such as U.S. Silica and Fairmount Santrol.
The proposed spectators in the Global Silica Sand Market are Silica sand manufacturers, Retailers, distributors, wholesalers, Investors and trade experts, Governments, associations, industrial bodies, etc. The major companies functioning in the Global Silica Sand Market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the Global Silica Sand Market are companies like U.S. Silica (US), Fairmount Santrol (US), Sibelco (Belgium), Toyota Tsusho Corporation (Japan), IMOSA (Spain), Emerge Energy Services (US), Badger Mining Corporation (Germany), Cairo Fresh for Minerals & Quarries Materials (Egypt), Tochu Corporation (Japan), Euroquarz GmbH (Germany), and American Elements (US), Quarzwerke GmbH, Chongqing Changjiang River Moulding Material (Group) Co., Ltd, Mitsubishi Corporation and PUM Group
Market analysis
Nowadays, the increasing application of silica sand in the foundry industry is expected to be another major factor driving the global market growth. Industrial sand has a high melting point of 1610°C, which aids in casting metal and aluminum alloys with melting points of 1510°C and 650°C, respectively. In addition to high thermal resistance, silica sand can withstand the pressure of the molten metal without yielding and further exhibits high bond strength and high refractoriness. A large amount of silica sand is widely used in the iron and steel industries to make cores and molds for metal castings. Moreover, it plays a crucial role in the foundry industry as the main mold and core-making material for both ferrous and non-ferrous castings. Furthermore, its low rate of thermal expansion helps in producing stable cores and molds compatible with all the poring temperatures and metal alloy systems. The Global Silica Sand Market is projected to register a healthy CAGR of 6.75% to reach USD 21,657.4 Million by 2024. Silica is the term given to the group of minerals that are composed of silicon and oxygen. Silica sand is a granular material that contains quartz and a small amount of clay, coal, and other minerals. Silica sand is quartz that over time, through the work of wind and water, is broken down into tiny granules of sand. It finds application in glassmaking, construction, water treatment, metal casting, and foundry, among others. Moreover, it is largely used as a raw material in the manufacturing of glass and other applications due to its properties such as chemical inertness, high melting point, and hardness. It is also known as quartz sand or industrial sand and is a term denoted to high-purity silica sand products with closely controlled sizing.
Market segmentation
The Global Silica Sand Market has been segmented by type, by end use and by region. The expanding glass industry is foreseeable to be the major driver of the growth of the global silica sand market in the glassmaking applications in the automotive and construction businesses. Silica sand displays the compulsory clarity, grain strength, refractoriness, and color for glassmaking. Also, it offers the compulsory essential SiO2 module of glass preparation with high chemical purity. Industrial sand is majorly used in the production of flat glass which further is used in tableware, automobiles, and container glass for foods and beverages. Furthermore, it is used to produce specialty glass, television screens, incandescent, and fluorescent lamps, computer cathode ray tube (CRT) monitors, and used in the manufacturing of test tubes. Based on application, the hydraulic fracturing segment held the largest market share of 41.39% in 2018 and is projected to reach USD 10,180.7 million by the end of 2024. Silica sand is used as a proppant in hydraulic breaking in the shale gas and oil industry. Also, it functions as a flux to lower down the thickness and melting point to make them more actual and responsive. In June 2018, Emerge Energy exposed its in-basin sand development in Kingfisher County, Oklahoma. The expansion would upsurge the silica sand production by 1.5 million tons yearly. The new mining area consists of 65% of 100 mesh sand while 35% of the deposits contain 40/70 of sand. Based on mesh size, the <70 mesh segment settled for the principal market share of 42.19% in 2018 and is estimated to register the highest CAGR of 7.22% during the review period. This is accredited to its growing feeding in water filtration, paints and coatings, and hydraulic applications. Besides, this mesh size is ideal for these applications and further offers required sphericity and grain strength. By grade, the glass segment held the main market share of 41.22% in 2018 and is projected to be the wildest-growing segment during the forecast period. This is due to the surging demand for flat glass in the construction and automotive industries, mainly in developing countries such as India, Mexico, and Philippines. Besides, the robust growth viewpoint of the solar PV industry across the globe is likely to augment the demand for high-quality silica sand to produce photovoltaic glass. Based on process, the dry silica sand piece subjugated the global silica sand market with a market share of 61.00% in 2018. Besides, the segment is likely to grow at the highest CAGR in the coming years owing to the easy handling and high ingesting in glassmaking applications.
Regional analysis
Geographically, Global Silica Sand Market is split in regions like North & Latin America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. The North American market settled for the second-major market share of 37.7% in 2018 and is likely to display a notable CAGR of 6.49% during the assessment period due to the high consumption of silica sand in the glass submissions. Also, the complementing request for frac sand as a proppant in the shale gas industry is further anticipated to propel the regional market growth. The Asia-Pacific market subjugated the global market accounting the largest share of 39.6% in 2018 and is estimated to register the highest CAGR of 7.65% by the end of 2024. This is attributed to the snowballing urbanization, easy openness of raw material, and increasing consumption in various end-use industries. China is the leading country in the region and was valued at USD 3,064.3 million in 2018 owing to the large consumer base and healthy growth of the foundry and oil & gas industries. The other funders are Japan, India, and Australia & New Zealand. In March 2018, U.S. Silica acquired EP Minerals, which is an inventor company in trade reserves and engineered resources. EP Minerals’ outreach market of unique minerals, which comprises additives, absorbents and purification will expand the market reach of U.S. Silica. The US is the principal consumer in the region owed to the strong shale gas industry base and presence of major frac sand producing companies such as U.S. Silica and Fairmount Santrol.
Major players
The proposed spectators in the Global Silica Sand Market are Silica sand manufacturers, Retailers, distributors, wholesalers, Investors and trade experts, Governments, associations, industrial bodies, etc. The major companies functioning in the Global Silica Sand Market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the Global Silica Sand Market are companies like U.S. Silica (US), Fairmount Santrol (US), Sibelco (Belgium), Toyota Tsusho Corporation (Japan), IMOSA (Spain), Emerge Energy Services (US), Badger Mining Corporation (Germany), Cairo Fresh for Minerals & Quarries Materials (Egypt), Tochu Corporation (Japan), Euroquarz GmbH (Germany), and American Elements (US), Quarzwerke GmbH, Chongqing Changjiang River Moulding Material (Group) Co., Ltd, Mitsubishi Corporation and PUM Group
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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