Industrial Silica Sands Market - Forecast(2023 - 2028)

Industrial Silica Sands Market Overview

Industrial Silica Sands Market size is forecast to reach US$24.5 billion by 2027, after growing at a CAGR of 5% during 2022-2027. Due to its non-reactive properties and silicon dioxide contribution, it is been employed as a common ingredient across the various end-use industries such as construction, glass, oil & gas, chemical, and others. Silica sand and coal burning are used as a boiler bed material in the boiler operating. The growing use of it in wastewater filtration is accelerating the industrial silica sands industry growth. Moreover, the rapid growth of the building and construction industry is fueling the demand for the industrial silica sands market. All these factors are driving the growth of the industrial silica sands market and is anticipated to drive growth in the future forecast period.

COVID-19 Impact

The COVID-19 pandemic in 2020 had an impact on the industrial silica sands industry growth, and due to the rigorous lockdown rules, several businesses suffered a drop in production. Passenger car production was severely hampered by the strict shutdown. For instance, according to the Organisation Internationale des Constructors d'Automobiles (OICA), in the year 2019 total global production of passenger cars was 9,21,75,805 and in 2020 it was 7,76,21,582, a decline of 15.8%, which impacted the growth of the industrial silica sands industry. However, in starting months of 2021, the lockdown was imposed due to an increase in COVID-19 cases, the market was not much impacted because production was allowed with less labor and many of the industries decided to go for full automation technology. However, it is anticipated that by mid-2022 COVID-19 will end and this will lead to situations back to normalcy and the growth for the industrial silica sands market will be high.

Report Coverage 

The report: “Industrial Silica Sands Market–Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Silica Sands Industry.

By Purity: 99.95% SiO2,99.99% SiO2, 99.997% and 99.998% SiO2, and 99.999% SiO2.
By Type: Fine Ground Silica, Ground Silica, Magnesium Silicate, and Others.
By Application: Construction Material (Cement, Mortar, Flooring, Roofing, and Others), Refractories, Glassmaking Material, Adhesives, Abrasive, Epoxy and Plastic, Rubber and Silicon, Ceramic, Filtration, Solar Panels, paints and Coating, and Others.
By End-Use Industry: Building and Construction (Residential (Row Houses, Private Dwellings, and Apartments), Commercial (Airport, Hospital, Hotels and Restaurants, and Others), and Infrastructure (Roads, Bridges, Highways, and Others)), Glass (Container Glass and Flat Glass), Transportation (Automotive, Aerospace, and Others), Water Filtration (Drinking Water, Wastewater), Solar Energy, Metallurgy & Foundries (Ferrous, and Non-Ferrous), Chemical, Foundries, Oil and Gas, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East (Saudi Arabia, UAE, Israel, and Rest of Middle East), and Africa (South Africa, Nigeria, and Rest of Africa)).

Industrial Silica Sands Market Segment Analysis – By Application

The glass-making material segment held the largest share in the Industrial Silica Sands market in 2021 and is growing at a CAGR of 4.7% during 2022-2027. Glass manufacturing requires high silica sand content. For instance, according to National Industrial Sand Association (NISA), glass requires a variety of different commodities, amongst it, silica represents 70% of the total final weight of glass. Industrial silica sand chemical purity is over 98% SiO2, diameter between 0.075mm and 1.18 mm, and color between 0.025% and 0.04% Fe2O3. These properties of industrial silica sand give the benefit of high chemical purity and powerful resistance which other sand material lacks. Because of these benefits, industrial silica sands are widely used in glass manufacturing, which is expected to fuel the growth of the industrial silica sands market.

Industrial Silica Sands Market Segment Analysis – By End-Use Industry

The building and construction segment held the largest share in the Industrial Silica Sands market in 2021 and is growing at a CAGR of 5.8% during 2022-2027. Industrial silica sands are used in the manufacturing of flat glass which is used in buildings across the world. The growing demand for residential construction is accelerating the growth of the flat glass industry. For instance, according to Unites States Census Bureau in the year 2019, the U.S.A residential construction was worth US$581.53 billion, and in 2020 it increased to US$704.84 billion, an increase of 32.04%, this growth has accelerated the industrial silica sands industry growth. Similarly, in June 2021 statistics shows that US privately-owned housing units were 15,94,000 and in July 2021 it increased to 16,35,000, an increase of 2.6%. Thus, the growing building and construction industry will fuel the industrial silica sands market growth.

Industrial Silica Sands Market Segment Analysis – By Geography

Asia-Pacific region held the largest share in the Industrial Silica Sands market in 2021 up to 47%. Industrial silica sands are utilized in a variety of building applications, including cement, mortar, flooring, and roofing. The increasing commercial construction in Asia-Pacific is aiding the industrial silica sands industry growth. For instance, according to Invest India, there are 242 commercial construction opportunities of US$958.23 billion in India as of 2021, with some of the key projects including the GST Office Building Project Maharashtra, Heritage Mall Patna, Habitat Project Phase 1, and others. Similarly, according to International Trade Association, China's construction industry has seen a growth in the year 2019 with revenue of US$968.06 billion and in 2020 it increased to US$1049.19 billion, an increase of 9.38%. All of these factors are resulting in a good growth trend for the Asia-Pacific region, which is expected to propel the industrial silica sands market growth in the forecasted period.