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Report Overview
The Latin American market for silica sand reached a volume of about 7716.49 KMT in 2024. The market is further expected to grow at a CAGR of about 2.30% in the forecast period of 2025-2034 to reach a volume of around 9686.71 KMT by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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.*
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Key Questions Answered in the Report
In 2024, the Latin America silica sand market attained a volume of nearly 7716.49 KMT.
The market is projected to grow at a CAGR of 2.30% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach 9686.71 KMT by 2034.
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.
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