The Sodium Silicate sand market is anticipated to grow at an impressive CAGR of 4.4% in terms of value through the period of forecasting between 2020 and 2030. The market was valued at over US$ 13 Bn in 2020 and will progress on a positive growth trajectory on the back of rising demand in the production of glass. However, the unforeseen outbreak of COVID-19 has brought the global manufacturing sector to a standstill thus limiting the growth of the market to a certain extent in 2020.
“Strong composition of silicon dioxide in industrial makes it ideal for usage in the manufacturing of glass, which is expected to remain crucial to the growth of the market,” says the Fact.MR report.
Request a sample of the report to gain more market insights at – https://www.factmr.com/connectus/sample?flag=S&rep_id=4840
Potassium Silicate Sand Market – Key Takeaways
Sodium Silicate Sand Market – Driving Factors
Potassium Silicate Sand Market – Constraints
Anticipated Market Impact by Coronavirus Outbreak
The COVID-19 has brought the overall industrial sector to a screeching halt, including oil & gas and construction, which are key end-use sectors of industrial silica sand. This pandemic has been unfavorable to the market, negatively affecting the sales of industrial silica sand, and the downtrend is expected to prevail through the third and fourth quarters of 2020. As the manufacturing sector gradually begins to restart operations after a long halt, the demand for products is likely to witness a healthy revamp beginning from the dawn of 2021.
Explore the global industrial silica sand market with 176 figures, 114 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/4840/industrial-silica-sand-market
Competition Landscape
The major players operating in the Industrial Silica Sand Market include U.S. Silica, Mitsubishi, Sibelco, Fairmount Santrol, Badger Mining, Tochu Corporation, Euroquarz GmbH, K&E Sand and Gravel, and Superior Silica Sands LLC, among. Market players are focusing on researching materials, enhancing production technologies, and acquisitions. On this premise, in May 2018, U.S. Silica acquired EP Minerals to widen the company’s industrial material product offerings.
More on the Report
The FACT.MR’s market research report provides in-depth insights into the Industrial Silica Sand Market. The market is scrutinized on the basis type (sodium silicate, potassium silicate and others), particle size(<40 mesh, 40-100 mesh, >100 mesh), application (metal casting, hydraulic fracturing, construction additives, filter media, glass manufacturing, and others), and end use (building, glass, foundry, and others) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East and Africa
About Us:
Fact.MR research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.