IMARC Group has recently released a new research study titled “Asia Pacific Silica Sand Market Report by End Use (Glass Industry, Foundry, Hydraulic Fracturing, Filtration, Abrasives, and Others) and Country 2024-2032”, offers a detailed analysis of the Asia Pacific silica sand market trends, drivers, segmentation, opportunities and competitive landscape to understand the current and future market scenarios. The market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.
Silica sand, or quartz sand, is a chemically inert and relatively hard mineral made of two silica and oxygen. It comprises quartz and other materials, such as carbonates, feldspars, clay minerals, and iron oxide. The sand is an odorless powder ranging from nearly transparent to a darker gray color. It is insoluble and noncombustible in nature, which is why it is extensively used in glassmaking, water filtration, hydraulic fracturing, industrial casting, and sandblasting. Apart from this, silica sand offers several additional benefits, such as high granularity, durability, strength, and resistance against heat and chemical reactions.
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Asia Pacific Silica Sand Market Trends:
The silica sand market in the Asia Pacific is primarily driven by rapid industrialization. The rising construction of commercial structures, arenas, shopping malls, high-rise buildings, and hotels in the region is acting as another factor bolstering the market growth. Moreover, the escalating demand for high-purity silica sand for manufacturing photovoltaic panels and silicon-metal composite materials and the development of solar infrastructures are accelerating the market growth. Besides this, the increasing infrastructural investments in different countries of the Asia Pacific region and rising shale gas exploration activities are providing a considerable thrust to the market growth.
Competitive Landscape With Key Players:
The competitive landscape of the Asia Pacific silica sand market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Chongqing Changjiang River Moulding Material (Group) Co. Ltd
- Diatreme Resources Limited
- JFE Mineral Company Ltd.
- Mangal Minerals
- Mitsubishi Corporation
- PUM Group
- Raghav Productivity Enhancers Limited
- Rock Energy International
- TOCHU Corporation
- VRX Silica Limited
- Xinyi Golden Ruite Quartz Materials Co. Limited
Key Market Segmentation:
The report has segmented the Asia Pacific silica sand market based on end use and country.
Breakup by End Use:
- Glass Industry
- Foundry
- Hydraulic Fracturing
- Filtration
- Abrasives
- Others
Breakup by Country:
- China
- India
- Malaysia
- South Korea
- Japan
- Australia
- Others
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2310&flag=C
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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