Brazil Silica Sand Products Market Report and Forecast 2024-2032

Brazil Silica Sand Products Market Size

The Brazil silica sand products market is projected to grow at a CAGR of 5.7% between 2024 and 2032. The market is being driven by the growing oil and gas production in the country.

Brazil Silica Sand Products Market Outlook

• In Brazil, the majority of silica sand deposits are located in the south and southeastern parts of the country.

• Vivix, a flat glass manufacturer based in Brazil, announced its decision to build the largest glass manufacturing furnace in the country by the second half of 2025, with a daily capacity of 1000 tons.

• In 2022, the construction market in Brazil reached a total of $120.5 billion, indicating a strong need for silica sand, which plays a vital role in the manufacturing of concrete, mortar, and various other construction materials.

Brazil Silica Sand Products Market Growth

Brazil's Energy Expansion Plan for the years 2022-2032 projects that the country is anticipated to achieve a daily oil production of 4.9 million barrels by 2032. By the year 2030, Brazil is anticipated to rank as the fifth largest exporter of crude oil globally. Silica sand, also referred to as frac sand, plays a crucial role in hydraulic fracturing processes aimed at extracting oil and natural gas from shale formations. The surge in the oil and gas sector, coupled with the growing adoption of fracking methods, is fuelling the need for silica sand. Investments in the energy sector, particularly in the exploration and production of shale gas, are further boosting the demand for silica sand in Brazil.

Brazil achieved a 93.1% renewable power generation rate in 2023, with hydro, solar PV, and wind power being the main sources. At 34.9 GW of installed capacity, solar energy accounts for nearly 15% of the country’s energy mix. Silica sand plays a crucial role as a primary ingredient in the manufacturing of photovoltaic (PV) cells utilised in solar panels. The rising renewable energy sector and the surge in solar power system installations are fuelling the need for silica sand. Additionally, government incentives and regulations that advocate for renewable energy initiatives are also contributing to the expansion of the market.

Brazil Silica Sand Products Market Segmentation

“Brazil Silica Sand Products Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Application

• Glass Manufacturing

• Foundry

• Chemical Production

• Construction

• Paints and Coatings

• Ceramics and Refractories

• Filtration

• Oil and Gas

• Others

Market Breakup by Region

• São Paulo

• Minas Gerais

• Rio de Janeiro

• Bahia

• Rio Grande do Sul

Brazil Silica Sand Products Market Share

Based on the application, the market is segmented into glass manufacturing, foundry, chemical production, construction, paints and coatings, ceramics and refractories, filtration, and oil and gas, among others. The glass manufacturing sector is projected to grow at a CAGR of 6.5% during the forecast period of 2024-2032. Silica sand plays a crucial role as a primary material in the glass production sector because of its abundant silica content and favourable physical characteristics. It is indispensable for enduring the extreme temperatures required in the glass manufacturing process.

Leading Companies in the Brazil Silica Sand Products Market

Major players are focusing on technological advancement and product innovation to gain a competitive edge in the market.

• Cristo Rei Mineração

• JFE Mineral & Alloy Company, Ltd.

• Mineração Jundu LTDA.

• SCR-Sibelco NV

• Mitsubishi Corporation

• Others

Key Highlights of the Report