According to a recent market study published by Growth Market Reports (GMR), titled, “Asia Pacific Silica Sand Market by Type, Application, and Country: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 5,346.5 million in 2019 and is expected to grow at a growth rate of 6.1% by the year 2027. In terms of volume, the Asia Pacific silica sand market is projected to expand at a CAGR of 6.4% during the forecast period. The Asia Pacific silica sand market is anticipated to grow significantly during forecast period due to rising demand for silica sand in foundry, and strong presence of glass manufacturers in Asia Pacific.
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The silica sand market is fragmented based on type, application, and country. Based on type, the silica sand market is categorized into wet sand, dry sand, frac sand, filter sand, and coated sand. By application, the silica sand market has been categorized into glass manufacturing, foundry, hydraulic fracturing, construction, chemical production, and others. Based on country, the silica sand market is segmented into the market is divided into China, Japan, South Korea, India, Australia, South East Asia, and the Rest of Asia Pacific.
In year 2020, the silica sand market is expected to witness decline in demand as a negative impact of COVID 19 pandemic. The partial and complete lockdowns across countries in Asia Pacific have decreased the construction, chemical production, foundry, and glass manufacturing activities. Hence, the shutdown of production simultaneously lead to decline in demand for raw materials and silica sand is one of the key raw material. Moreover, Covid-19 is impacting the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply outlook. Factors such as the closure of assembly plants in India and large-scale manufacturing interruptions across Asia Pacific have negatively impacted the construction sector. This has ultimately hampered the silica sand market to a certain extent.
As per GMR industry analyst Vidya Jadhav, “The Asia Pacific Silica Sand Market is anticipated to witness significant growth during forecast period 2021-2027 driven by the growing demand for silica sand across glass manufacturing. Moreover, the total expenditure on the construction industry in Asia Pacific itself was estimated to be half of the total world’s spending on construction. Thus, high spending on construction contributes to the market growth. The China and India are major market for silica sand in Asia Pacific region and are projected to continue dominance due to strong glass manufacturing industry, boom in construction activities, and growing hydraulic fracking activities.”
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Report Metric |
Details |
Market Value in 2019 |
USD 5,346.5 million |
Market Growth Rate (from 2021 to 2027) |
6.1% |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Units Considered |
Value (USD million) & Volume (MT) |
Market Segments |
By Type, By Application |
Regional Scope |
Asia Pacific |
Country Scope |
China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific |
Key Companies Profiled |
AVIC Sanxin Co., Ltd., Chongqing Changjiang River Moulding Material Co. Ltd, Diatreme Resources Limited, Gujarat Mineral Development Corporation Ltd., Holcim (Australia) Pty Ltd, JFE MINERAL Co., LTD., Mangal Minerals, Mitsubishi Corporation, Raghav Productivity Enhancers Limited, and SCR-Sibelco NV |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
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