Lewes, DE -- (SBWIRE) -- 01/30/2019 -- Global Silica Sand market will register a 4.0% CAGR in terms of revenue, reach US$ 14200 million by 2023, from US$ 11300 million in 2017.

Silica sand is granular material that contains quartz and minute amounts of coal, clay and other minerals. It is also known as quartz sand and industrial sand, and is largely used in several construction applications. The presence of silica sand on metal materials can be a source of crevice corrosion on those metals. Silica sand is mechanically and chemically purified quartz sand, from which various products are created through hydro classification or thermal treatment.

Silica sand is used for a variety of industrial applications depending on the grain size, refractories, texture and shape of the sample to be used. Applications can range from use as a building product and abrasive, to glass making and even in hydraulic fracturing of oil wells.

SCR-Sibelco, US Silica Holdings, Emerge Energy Services are the market leader and they occupied about 24% of the whole market. The residential portable petrol market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and United States, to sustain and gain market penetrartion across the globe. Some key players of this market include Fairmount Santrol, Badger Mining Corporation, Hi-Crush Partners, Saint Gobain, Mitsubishi Corporation, Toyota Tsusho, Pioneer Natural Resources, Tochu, Euroquarz GmbH and so on.

The whole market is growing fast due to the development of frac sand. The product is mainly used in hydraulic fracturing, glassmaking and foundry industry.

Price in US and EU is much higher than that of China and other developing countries due to their high quality. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand. In addition, due to the decrease of the oil price, the downstream demand increase much slower than before and it led to the decrease of the price.

Over the next five years, study projects that Silica Sand will register a 4.0% CAGR in terms of revenue, reach US$ 14200 million by 2023, from US$ 11300 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Silica Sand market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Below 70 mesh
70-100 mesh
100-120 mesh
120-200mesh
Above 200mesh

Segmentation by application:
Glass Industry
Gas and Oil Industry (hydraulic fracturing)
Foundry Industry
Construction Industry
Chemical Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
SCR-Sibelco
US Silica Holdings
Emerge Energy Services
Fairmount Santrol
Badger Mining Corporation
Hi-Crush Partners
Saint Gobain
Mitsubishi Corporation
Toyota Tsusho
Pioneer Natural Resources
Tochu
EUROQUARZ GmbH

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Silica Sand consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Silica Sand market by identifying its various subsegments.
Focuses on the key global Silica Sand manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Silica Sand with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Silica Sand submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 165 pages "Forecast of Global Silica Sand Consumption Market 2023" report covers Scope of the Report, Executive Summary, Scope of the Report, Executive Summary, Global Silica Sand by Players, Silica Sand by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Silica Sand Market Forecast, Key Players Analysis, Research Findings and Conclusion.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-silica-sand-consumption-market-2023

Find all Chemicals Reports at: https://www.marketresearchreports.com/chemicals

For related reports please visit: https://www.marketresearchreports.com/search/site/Silica%20Sand

Read our Interactive Market Research Blog

About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements: https://www.marketresearchreports.com/contact