A recent market intelligence report that is published by Data Insights Partner on the global Industrial Silica Sand Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Industrial Silica Sand Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Industrial Silica Sand Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Industrial Silica Sand Market is offered. In accordance with the report, the global Industrial Silica Sand Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints & Opportunity of the Market:
Silica (SiO2) is a chemical compound consisting of two Oxygen(O) and one Silicon (Si). Industrial Silica Sands refer to high purity silica suited for industrial applications having ideal composition and texture. It is mostly found in crystalline form. It poses high melting point, chemically inert contributing to the strength of the bonds between the atoms. Due to its resistance property against heat and chemicals, it finds various applications in the glass manufacturing, hydraulic fracturing, construction industry and others. Besides this, it is also used to maintain greens, suitable for bunkers and greens on synthetic sports fields and golf courses and fairways. It is widely being used in glass making, paving roads, industrial casting, hydraulic fracturing or fracking. It contributes as a major raw material of glass formulation, used to produce flat glass for building, container glass for foods and beverages etc.
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q Surge in oil and gas industry across the globe could see impelling growth over the forecast years. Sodium silicate finds application as drilling fluids and stabilizing bore wells in oil and gas industry
q Growing demand for fiber glass from the automotive and construction industries anticipate the growth of the market. Growth in construction activities globally and increasing urbanization is expected to boost the demand for industrial silica
Ø The global construction output is anticipated to grow at CAGR of 5% to 7% over the forecast period. Construction industry is expected to note a high growth, particularly in developing regions of the world.
Ø As per United Nation statistics (2018), 55% of the total global population lived in urban areas, which is expected to increase to 68% by 2050
q Increase in population and sky-high income level escalate the demand for automobiles, exhibiting the growth of the market
q Due to increased shale gas and shale oil production, hydraulic fracking operation are expected to serve as a market opportunity.
q Market growth is expected to be face challenge by the high cost of product, high investments and cost associated to transportation
This market intelligence report on the global Industrial Silica Sand Market encompasses market segments based on particle size, type, application, end use industry and country.
By Particle size the global Industrial Silica Sand Market has been divided into:
- Less than 40 mesh
- 40-70 mesh
- More than 70 mesh
By Type the global Industrial Silica Sand Market has been divided into:
- Sodium Silicate
- Potassium Silicate
By application the global Industrial Silica Sand Market has been divided into:
- Metal Casting
- Hydraulic Fracturing
- Construction Additives
- Filter Media
- Glass Manufacturing
By end-user Industry the global Industrial Silica Sand Market has been divided into:
- Oil & Gas
By country/region, the global Industrial Silica Sand Market has been divided into:
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
- US Silica
- Covia Corporation
- Fairmount Minerals
- Quarzwerke GmbH
- Badger Mining
- Covia Holdings Corporation
- Mitsubishi Corporation
- Chongqing Changjiang River Moulding Material(Group) Co. Ltd
- Wolf and Muller
Others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Industrial Silica Sand Market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Industrial Silica Sand Market, size of the market (US$ Mn ), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Industrial Silica Sand Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Industrial Silica Sand caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Industrial Silica Sand Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Industrial Silica Sand Market
v Identification of key factors driving investment opportunities in the Industrial Silica Sand Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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