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Latin America Silica Sand Market Size, Share, Analysis: By Application: Glass Industry, Foundry, Hydraulic Fracturing, Filtration, Abrasives, Chemical Production, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Latin America Silica Sand Market Growth
The significant growth in the construction sector is majorly contributing to the demand in the silica sand market. Increased usage of silica sand in foundry and glass industries and rising demand for industrial silica sand due to its mechanical properties, especially in the developing economies, are the major factors fostering the growth of the silica sand market. The rising number of industrial product innovations, the introduction of lightweight glazing glass, and advanced technology will further create lucrative growth opportunities for the Latin America silica sand market. Also, the rising focus on automotive production and sales, especially in the developing economies, the increasing deployment of advanced nanotechnology in flat glass, and the growing focus of the major manufacturers on technological advancements are other important factors bolstering the silica sand market growth rate. Further, vendors of silica sand in Latin America are engaging in company collaborations and joint ventures to gain the upper hand in the market competition. For instance, Badger Mining Corp. (BMC), on December 2, 2021, announced a new partnership with TranSand Inc. This exclusive partnership in Fort St John will bring a significant increase in frac sand transloading capacity to the region and set the stage for tremendous growth in the North Montney.
Latin America Silica Sand Market Report Snapshots
Latin America Silica Sand Market Size
Latin America Silica Sand Market Growth
Latin America Silica Sand Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Latin America
7 Opportunities and Challenges in the Market
8 Latin America Silica Sand Market Analysis
8.1 Key Industry Highlights
8.2 Latin America Silica Sand Historical Market (2018-2023)
8.3 Latin America Silica Sand Market Forecast (2024-2032)
8.4 Latin America Silica Sand Market by Application
8.4.1 Glass Industry
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Foundry
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Hydraulic Fracturing
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Filtration
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Abrasives
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Chemical Production
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Latin America Silica Sand Market by Country
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Argentina
8.5.4 Others
9 Regional Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mexico
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Argentina
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code – 250510)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 ArrMaz Products, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Badger Mining Corporation
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 JFE MINERAL Co., LTD.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 SCR-Sibelco N.V.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Silica Sand Market: Key Industry Highlights, 2018 and 2032
2. Latin America Silica Sand Historical Market: Breakup by Application (KMT), 2018-2023
3. Latin America Silica Sand Market Forecast: Breakup by Application (KMT), 2024-2032
4. Latin America Silica Sand Historical Market: Breakup by Country (KMT), 2018-2023
5. Latin America Silica Sand Market Forecast: Breakup by Country (KMT), 2024-2032
6. Major Exporting Countries by Value
7. Major Importing Countries by Value
8. Major Exporting Countries by Volume
9. Major Importing Countries by Volume
10. Latin America Historical Price Trends and Forecast (2018-2028)
11. Latin America Silica Sand Market Structure
Key Questions Answered in the Report
In 2023, the Latin America silica sand market attained a volume of nearly 7716.49 KMT.
The market is projected to grow at a CAGR of 2.3% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach 9468.55 KMT by 2032.
The major drivers of the market include the growing electronics sector, rising demand for industrial silica sand due to its mechanical properties, rising number of industrial product innovations, the introduction of lightweight glazing glass, rising focus on automotive production and sales, and the increasing deployment of advanced nanotechnology in flat glass.
Increasing demand from the glass industry and significant growth in the construction sector are the key industry trends propelling the growth of the market.
The major regions in the industry are Brazil, Mexico, and Argentina, among others.
The significant applications of the market include the glass industry, foundry, hydraulic fracturing, filtration, abrasives, and chemical production, among others.
The major players in the industry are ArrMaz Products, Inc., Badger Mining Corporation, JFE MINERAL Co., LTD., and SCR-Sibelco N.V., among others.
Analyst Review
The Latin America silica sand market attained a volume of 7716.49 KMT in 2023, driven by significant growth in the construction sector. Aided by the rising demand for industrial silica sand due to its mechanical properties and increasing demand from the glass market, the market is expected to witness growth at a CAGR of 2.3% in the forecast period of 2024-2032. The market is projected to reach 9468.55 KMT by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The significant applications of the market are glass industry, foundry, hydraulic fracturing, filtration, abrasives, and chemical production, among others. The countries for the silica sand market in Latin America include Brazil, Mexico, and Argentina, among others. The key players in the above market are ArrMaz Products, Inc., Badger Mining Corporation, JFE MINERAL Co., LTD., and SCR-Sibelco N.V., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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