A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Industrial
Silica Sands
Market. The
study, titled “Industrial
Silica Sands Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Industrial
silica sand is high purity silica sand with almost similar sizing of
particles. Silica sand is a low priced product but acts as the
primary ingredient for a wide range of products. Industrial silica
sand is found mostly in the crystalline form although amorphous forms
are also available. Deposits of silica yielding substances with at
least 95% silicon dioxide (SiO2) content is preferred for industrial
and manufacturing applications.
Browse
Market Research Report @
Industrial
silica sand finds application in a wide range of industries. These
include glass making, metal casting, metal production, chemical
production, construction, paints & coatings, ceramics and
refractories, oil & gas recovery, and recreational products.
Initially, foundry casting was an important market for industrial
silica sand. However, as heavy manufacturing in various regions
started declining, demand for foundry sand too declined gradually.
This demand is slowly stabilizing due to certain typical applications
served by foundries in military, aerospace, and precision automotive
parts.
A
relatively recent end use of industrial silica sand is in the
hydraulic fracturing process employed in North American shale plays.
The growth of the shale gas recovery industry is a key driver for the
industrial silica sands market. According to the US Geological
Survey, from a mere market share of around 5% in 2000, demand for
industrial silica sand in hydraulic fracturing operations increased
to around 40% of the US silica sand production by volume, making it
the major market for the material in the U.S. In the UK, glass
production is the major end use for industrial silica sand followed
by foundry and other industrial uses.
A
major market opportunity for industrial silica sand exists in the
utilization of new shale plays for natural gas recovery via the
hydraulic fracturing process in countries other than the U.S. Some
of the upcoming shale plays identified are found in countries such as
Australia, China, India, Mexico, and a few Middle Eastern countries.
The
fall in crude oil prices acts as a restraint for the growth of the
industrial silica sands market. Due to this scenario, oil producers
have started to source low cost sand over high quality material due
to cost competitiveness. As a result, low cost brown sand is
increasingly preferred over high quality uniform and round industrial
silica sand, leading to high rate of inventory of industrial silica
sand with producers.
North
America is the largest consumption market for industrial silica sand.
The U.S. and Canada contribute a very large chunk of the market in
North America. Europe and Asia Pacific follow North America, with
considerably lower market shares. Unimin Corp., U.S. Silica Co.,
Fairmount Minerals Ltd., Oglebay Norton Co., Sibelco UK Ltd, Hanson
Aggregates, and Surrey and Kent Tarmac Group are some of the major
producers of industrial silica sand.
Get
accurate market forecast and analysis on the Industrial Silica Sands
market. Request a sample to stay abreast on the key trends impacting
this market@
The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
The
study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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