규사 시장 규모, 점유율, 성장 분석 : 유형별, 최종 용도별, 지역별 - 산업별 예측(2024-2031년)

Silica Sand Market was valued at USD 21.60 billion in 2022 and USD 22.9 billion in 2023 and it is expected to reach at USD 36.49 billion by 2031, at a CAGR of 6% over the forecast period (2024-2031).

The global silica sand market, primarily driven by its essential role in various industries, particularly construction, foundries, and ceramics, is poised for significant growth. Silica sand, also known as quartz sand, is vital for producing concrete, mortar, bricks, and molds for metal casting, as it withstands high temperatures. The surge in demand is fueled by the booming construction sector, particularly in Asia, alongside the rising adoption of hydraulic fracturing techniques. Consequently, these trends have driven an increase in silica sand prices. The US market is expected to experience a sustainable compound annual growth rate (CAGR) in the forthcoming forecast year, presenting both opportunities and challenges for industries reliant on this key raw material.

Top-down and bottom-up approaches were used to estimate and validate the size of the Silica Sand market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Silica Sand Market Segmental Analysis

Silica Sand Market is segmented by Mesh Size, Grade, Process, Application and region. Based on Mesh Size, the market is segmented into (< 70 Mesh, 70-120 Mesh, 120-200 Mesh, >200 Mesh. Based on Grade, the market is segmented into Glass, Foundry, Chemical. Based on Process, the market is segmented into Wet Silica Sand, Dry Silica Sand. Based on Application, the market is segmented into Glass, Hydraulic Fracturing, Foundry, Construction, Chemicals, Water Filtration, Paints & Coatings, Ceramics, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Silica Sand Market

The silica sand market is significantly driven by the rising demand across construction and various industrial sectors. This surge can be attributed to the escalating costs of alternative materials, like metamorphic rocks, which have prompted industries to rely more heavily on silica sand. Additionally, its diverse applications-including glass manufacturing, foundry casting, and hydraulic fracturing-underscore its vital role in numerous processes. Silica sand's advantageous characteristics, such as its wide availability, high melting point, low thermal expansion, and cost-effectiveness further enhance its attractiveness. Moreover, growing awareness of the health risks associated with crystalline silica dust has led to more stringent regulations, while diminishing high-quality deposits in traditional locations have spurred exploration efforts in emerging regions like Africa, Southeast Asia, and South America.

Restraints in the Silica Sand Market

The silica sand market has experienced significant growth in recent years; however, several constraints have impacted its expansion. A major challenge is the limited availability of high-quality silica sand, prompting companies to resort to importing from abroad, thereby increasing costs and hindering competition with foreign manufacturers. Additionally, stringent environmental regulations pose another barrier, as silica sand mining and processing can inflict considerable harm to ecosystems, discouraging companies from establishing operations in affected areas or subjecting them to severe production limitations. Furthermore, the high transportation costs associated with silica sand, due to its heavy and bulky nature, complicate logistics and deter businesses from setting up in remote locations where demand exists.

Market Trends of the Silica Sand Market

The silica sand market has experienced notable growth and transformation in recent years, driven primarily by the surging demand for frac sand in hydraulic fracturing activities, which has significantly elevated both consumption and pricing. Additionally, the exploration of innovative applications for silica sand, such as its use as an alternative to titanium dioxide, has further propelled market dynamics. This diversification not only enhances the value proposition of silica sand but also presents lucrative opportunities for companies adept at resource extraction and processing. As industries increasingly seek sustainable and cost-effective materials, the silica sand market is poised for continued expansion and diversification through 2024.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Customer & Buying Criteria Analysis

Global Silica Sand Market Size by Mesh Size & CAGR (2024-2031)

• Market Overview
• <70 Mesh
• 70-120 Mesh
• 120-200 Mesh
• >200 Mesh

Global Silica Sand Market Size by Grade & CAGR (2024-2031)

• Market Overview
• Glass
• Foundry
• Chemical

Global Silica Sand Market Size by Process & CAGR (2024-2031)

• Market Overview
• Wet Silica Sand
• Dry Silica Sand

Global Silica Sand Market Size by Application & CAGR (2024-2031)

• Market Overview
• Glass
• Hydraulic Fracturing
• Foundry
• Construction
• Chemicals
• Water Filtration
• Paints & Coatings
• Ceramics
• Others

Global Silica Sand Market Size & CAGR (2024-2031)

• North America (Mesh Size, Grade, Process, Application)
  • US
  • Canada
• Europe (Mesh Size, Grade, Process, Application)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific (Mesh Size, Grade, Process, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America (Mesh Size, Grade, Process, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Mesh Size, Grade, Process, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• U.S. Silica Holdings, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Badger Mining Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covia Holdings LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sibelco
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hi-Crush Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Preferred Sands
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Quarzwerke GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Euroquarz GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JFE Mineral & Alloy Company Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PUM GROUP
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sil Industrial Minerals
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tochu Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Superior Silica Sands
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Source Energy Services
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chongqing Changjiang River Moulding Material Group Co., Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Australian Silica Quartz Group Ltd
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AllEnergy Sand
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Minerali Industriali S.r.l.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wanipigow Sand Project
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation