Global quartz sand market is anticipated to witness high growth owing to increasing demand from various end use industries. Rapid growth in disposable income of the middle class fueling the demand for residential and commercial building, automobiles with in turn is driving the demand for glass, ceramic and other product. Further, increasing shale gas production in U.S. and Canada is also driving the demand for quartz sand over the forecast period (2021-2029)
Considering the economic overview of the market, Asia Pacific is expected to account for a major revenue share of the global quartz sand market. In 2020, Asia Pacific accounted for more than 30% market revenue share in global quartz sand market. This is attributed to strong growth in manufacturing industry especially in China along with high demand for quartz products in India and China. Market size and forecast of each application is presented for the period 2019 to 2029 along with respective CAGR % for the forecast period 2021-2029.
The market size and forecast for the period 2019-2029 along with the CAGRs for the period 2021-2029 for the mentioned segments are also presented in this study.
Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global quartz sands market.
Donghai Colorful Mineral Product Co., Ltd., Donghai Shihu Quartz, Kyshtym Mining/Sumitomo Corporation, Jiangsu Pacific Quartz Co. Ltd., Quartz Corp., Unimin Corporation, Xinyi Mingwang Quartz Sand Factory, Lane Mountain Company, Essem MetaChem, Basstech International, STYNEN Minerals BV, SMARCO Industries Private Limited/Shree Mahalaxmi Resin-coated Sand Pvt. Ltd., Industrial Minerals (NZ) Ltd., Jinjiang Shenhu Xifeng Natural Quartz Sand, Universal Minerals & Chemicals, AB Anykščių Kvarcas, California Silica Products LLC, Quarzwerke GmbH., SCR-Sibelco N.V., WOLFF & MULLER Holding GmbH & Co. KG., U.S. Silica Holdings Inc., Fairmount Santrol Holdings Inc., Heemskirk Consolidated Limited, Mitsubishi Corporationetc., etc. are few key manufacturers in global quartz sands market.
Purpose of the Report
The purpose of this strategic research study titled “Global Quartz Sand Market - Growth, Opportunities, Share & Competitive Analysis, 2021 – 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the quartz sand market.
Target Audience
USP and Key Offerings
The report titled “Global Quartz Sand Market - Growth, Opportunities, Share & Competitive Analysis, 2021 – 2029” offers strategic insights into the overall quartz sand market along with the market size, and estimates for the duration 2021 to 2029. The said research study covers in-depth analysis of multiple market segments based on applications and cross-sectional study across different regions.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in quartz sand market in terms of their product portfolio, financial information and business strategies. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the quartz sand market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.
Based on application, the quartz sand market is categorized into following segments:
Sand is used in various products and the term quartz sand is used for the essential raw material for the glass and foundry casting industries. It is also used in other industries such as ceramics, chemical and water filtration among others. By end use industries the market is broadly segmented into six categories such as oil & gas industry, glass industry, chemical industry, abrasives industry, foundry industry and others. Quartz sand is extensively used in the glassmaking industry to make different types of glass, such as fiberglass, container glass and flat plate. Quartz sand is also used as foundry sand for preparing the molds and cores of foundry work. In 2020, glass and foundry industry together accounted for approximately 50% share of the market in terms of revenue and is projected to maintain their dominance during the forecast period of 2021 to 2029.
In 2020, Asia Pacific accounted for the largest share for quartz sand and is projected to grow at a significant CAGR during the forecast period of 2021 to 2029. This growth is attributed to rising glass, electronics and metal casting industries. China is the largest regional market for quartz sand supported by the dominant glass industry. India spurring foundry activity is projected to advance at a healthy rate, thus increasing the market demand for quartz sand.
Asia Pacific was followed by North America, and accounted for more than 25% share of the global quartz sand market. It is projected to be the fastest growing regional market over the forecast period. This growth will be driven by expansion in the countries’ hydraulic fracturing segments. Furthermore, rapid advances in the output of metal castings and glass products will stimulate the market growth.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Quartz Sand market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
