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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Asia Pacific Silica Sand Market Outlook

The Asia Pacific silica sand market reached a value of about USD 7.69 billion in 2023. The industry is further expected to grow at a CAGR of about 6.80% in the forecast period of 2024-2032.

asia pacific silica sand market

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India Expected to Witness the Fastest Growth for Silica Sand

Sand, along with marble, clay, and other minor minerals, is classified as a minor mineral by the Indian Ministry of Mines. Silica sand is used in India for a variety of purposes, including glass creation in foundries, chemical production, construction, and paints. India is a prominent player in the global construction business in terms of revenue and market growth potential. This has boosted demand for silica sand in India by increasing demand for commercial structures, shopping malls, arenas, high-rise buildings, and hotels. Due to India's rising construction and foundry industries, the silica sand market is predicted to rise at a healthy rate. The glass industry of the countries, such as China and India, will continue to improve silica sand consumption for the production of electronic displays, windows, glass bottles, photovoltaic panels, and many other flat glass products. Additionally, in India, foundry activities are increasing at a rapid pace, impelling the production of sand moulds to manufacture machine tools, automotive, wind turbines, and other types of metal castings.

Market Segmentations

asia pacific silica sand market by segments

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Silica sand, also known as industrial sand, is made up mostly of quartz and other components, such as feldspars, carbonates, clay minerals, iron oxides, and so on. Glassmaking, hydraulic fracturing, water filtering, industrial casting, sandblasting, and other industries use silica sand. This can be attributed to a variety of advantages, including high granularity, strength, durability, and higher resistance to heat and chemical reactions, among others.

By type, the market includes:

  • Wet Sand
  • Dry Sand

The significant applications of the market are:

  • Glass Industry
  • Foundry
  • Chemical Production
  • Filtration
  • Oil and Gas Recovery
  • Construction
  • Ceramic and Refractories
  • Others

The countries for the silica sand industry can be divided into China, India, Japan, South Korea, ASEAN, and Australia, among others.

asia pacific silica sand market by region

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Rapid Development of Solar Infrastructures Augmenting the Market Growth

The Asia Pacific silica sand industry is growing due to increased demand for high purity silica sand in the manufacture of solar panels and silicon-metal composite materials. The installation of glass-based photovoltaic modules is being accelerated by the region's rapid expansion of solar infrastructure. The growing consumer electronics sector in developed countries, like South Korea and Japan, has proliferated the use of silica sand in producing speciality glass. The expanding construction industry, coupled with rising per capita income, increasing automotive production and sales, and technological advancements, has significantly increased the use of silica sand in manufacturing various building materials. Rapid urbanisation has propelled the demand for high-grade construction materials in residential and commercial sectors. Also, the growing infrastructural investments in various Asia Pacific countries, such as China, India, Japan, South Korea, and Vietnam, among others, are driving the market growth. Apart from this, silica sand is also utilised during hydraulic fracturing. Numerous shale gas exploration activities, particularly in Australia and China, are bolstering the region's silica sand market.

Key Players in the Asia Pacific Silica Sand Market

The report gives a detailed analysis of the following key players in the Asia Pacific silica sand industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Chongqing Changjiang River Moulding Material (Group) Co., Ltd.
  • Mitsubishi Corporation
  • PUM GROUP
  • JFE MINERAL Co., LTD.
  • VRX Silica
  • Tochu Corporation
  • All India Minerals
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Wet Sand
  • Dry Sand
Breakup by Application
  • Glass Industry
  • Foundry
  • Chemical Production
  • Filtration
  • Oil and Gas Recovery
  • Construction
  • Ceramic and Refractories
  • Others
Breakup by Region
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Australia
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Chongqing Changjiang River Moulding Material (Group) Co., Ltd.
  • Mitsubishi Corporation
  • PUM GROUP
  • JFE MINERAL Co., LTD.
  • VRX Silica
  • Tochu Corporation
  • All India Minerals
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the Asia Pacific silica sand market attained a value of nearly USD 7.69 billion.

The market is projected to grow at a CAGR of 6.80% between 2024 and 2032.

The major drivers of the market include the growing consumer electronics sector, rising per capita income, increasing automotive production and sales, technological advancements, rapid urbanisation, growing infrastructural investments, and numerous shale gas exploration activities.

The increased demand for high purity silica sand in the manufacture of solar panels and the expanding construction industry are the key industry trends propelling the growth of the market.

The major regions in the industry are China, India, Japan, South Korea, ASEAN, and Australia, among others.

The different types of silica sand are wet sand and dry sand.

The significant applications of the market are glass industry, foundry, chemical production, filtration, oil and gas recovery, construction, ceramic and refractories, among others.

The major players in the industry are Chongqing Changjiang River Moulding Material (Group) Co., Ltd., Mitsubishi Corporation, PUM GROUP, JFE MINERAL Co., LTD., VRX Silica, Tochu Corporation, and All India Minerals, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124