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Report Overview
The global silica sand market attained a volume of 397.48 MMT in 2023. The silica sand market value is estimated to grow at a CAGR of 4.44% during 2024-2032 to reach a volume of 599.44 MMT by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Silica Sand Market Report Snapshots
*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
The market attained a volume of 397.48 MMT in 2023.
The market is estimated to grow at a CAGR of 4.44% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 599.44 MMT by 2032.
The factors driving the market growth are increasing construction activities, expansion of the glass manufacturing sector, rising metal casting works, and expansion of the oil and gas sector.
Key trends aiding market expansion include the growing applications of silica sand, rising infrastructural developments in emerging economies, and increasing demand from the glass industry.
The key regional markets for silica sand are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Glass manufacturing is expected to account for the largest share in the forecast period.
The key players in the market include JFE Mineral & Alloy Company,Ltd, SCR-Sibelco NV, Mitsubishi Corporation, Covia Holdings LLC, Tochu Corporation, US Silica Holdings Inc, Euroquarz GmbH, Manley Bros. of Indiana, Inc, Badger Mining Corporation, and Perniagaan Usahasama Membalak Sdn. Bhd. (PUM Group), among others.
In August 2023, the global spending on construction stood at USD 1.98 trillion, representing a 7.4% increase since 2022.
The applications include glass manufacturing, foundry, chemical production, construction, paints and coatings, ceramics and refractories, filtration, oil and gas and others.
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