The Washed Silica Sand Market Is Set To Grow At Highest Pace Owing To Rising Construction Activities
Washed Silica Sand Market |
Washed
silica sand, also known as industrial sand, is a sand that has been screened to
meet industry specifications for grain size distribution and chemical purity.
It is more chemically and physically resistant than regular construction sand.
Washed silica sand is in high demand in the glassmaking, hydraulic fracturing,
metal casting and other industrial processes due to its hardness, durability
and chemical stability.
The
global washed silica sand market is estimated to be valued at US$ 18.56 Bn in
2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to
2031.
Key Takeaways
Key players operating in the washed silica sand market are Unimin Corporation,
Fairmount Minerals, US Silica Holdings, Inc., Emerge Energy Services LP, Badger
Mining Corp, Hi-Crush Partners, Preferred Sands, Premier Silica, Pattison Sand,
Sibelco, Minerali Industriali, Quarzwerke Group, Aggregate Industries WOLFF
MÜLLER, VRX Silica Limited, Australian Silica Quartz Group Ltd, Adwan Chemical
Industries Company, Refcast Corporation, Zillion Sawa Minerals Pvt. Ltd., TMM
India, and Srinath Enterprises. The growing construction industry around the
world is fueling the demand for washed silica sand. Technological advancements
in extraction and processing methods have improved the quality of washed silica
sand.
Market Trends
Rising construction activities: Washed
Silica Sand Market Size Growth in infrastructure development and
construction activities especially in emerging economies of Asia Pacific and
Middle East is driving the demand for washed silica sand in construction
applications like concrete, mortars, plaster etc. Rapid urbanization is another
key factor boosting the construction industry. Fragmentation of aggregates:
Technological advancements in mining, extraction and processing equipment have
enabled production of finer grains of washed silica sand which are finding
increasing applications in specialty construction like glass production where
grain size distribution is critical.
Market Opportunities
Increasing focus on sustainable construction: Growing awareness about green
building concept and sustainability is augmenting the demand for eco-friendly
construction materials like washed silica sand.
Emerging applications in solar photovoltaics: Rising deployment of solar
photovoltaic cells worldwide is opening new growth avenues for washed silica
sand use as an antireflective coating and encapsulating material in solar
panels.
Impact of COVID-19 on Washed Silica Sand Market
The outbreak of COVID-19 has negatively impacted the growth of the washed
silica sand market. The imposition of lockdowns and supply chain disruptions
led to the closing down of construction activities worldwide during 2020 and
early 2021. As washed silica sand finds widespread application in the
construction industry such as in concrete mixing, plastering, road paving, and
landscaping, the decline in construction projects substantially reduced the
demand for washed silica sand. Even industrial production came to a halt during
the peak of the pandemic which further dampened consumption.
However, post-COVID recovery has boosted the washed silica market since late
2021. Major economies began relaxing lockdown restrictions and restarting their
economies as vaccination drives progressed. This led to infrastructure
development and rebuilding programs spearheaded by various governments to aid
economic recovery. The resurgence in construction and industrial activity
revived demand for washed silica sand. Additionally, pent-up demand from
delayed projects also supported consumption. Despite ups and downs, the
long-term fundamentals and essential nature of washed silica sand ensure steady
growth over the forecast period backed by expanding construction spending
worldwide.
Asia Pacific Washed Silica Sand Market
The Asia Pacific region accounts for the largest share of the global washed
silica sand market in terms of value. Countries such as China, India, Japan,
and Indonesia have abundant silica sand reserves and a huge ready mix concrete
industry which are key factors for the dominance of APAC. Rapid urbanization
and rising disposable incomes have fueled large-scale infrastructure
development programs centered around transportation, energy, and real estate
construction. Additionally, the growth of end-use sectors such as glassmaking
and water treatment has also stimulated demand for washed silica sand in APAC.
Going forward, countries making massive investments in building roads, bridges,
airports, water supply networks, and renewable energy projects will drive
further consumption.
North American Washed Silica Sand Market
The North American region is considered the fastest growing market for washed
silica sand globally. The United States holds the major consumption on account
of its massive petrochemical and hydraulic fracturing industries. Washed sand
is a primary proppant used in fracking and oil & gas production activities
which have significantly increased in the region over the past decade. Apart
from this, expansion in infrastructure projects especially in transportation is
pushing demand from the construction sector. Moreover, high-purity silica sand
inputs in automobile manufacturing, electronics, and foodstuff will continue
spurring market growth in the US and Canada during the forecast timeframe.
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Silica Sand Market
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