The latest report by IMARC, titled “India Sand Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028”, finds that India sand market is expected to grow at a CAGR of 6.2% during 2023-2028. Sand refers to fine rock particles made up of several minerals, mainly quartz and feldspar fragments and small fossil fragments. It is composed by the weathering and erosion of inland and marine rock particles, organic-by products and bio-organisms. Sand is a natural resource found in plentiful quantity across ocean and sea beaches, riverbeds, and riverbanks in various compositions and sizes. The grain sizes of sand are coarser than silt but finer than gravel. Natural sand is mined from waterbody beds, especially rivers, for industrial applications. In recent years, sand has gained momentum due to its extensive employment in construction, manufacturing, home decoration, and flooring.
India Sand Market Trends:
One of the primary factors driving the rising number of construction activities. This can be attributed to the expansion of the residential segment in India due to the rapid population shift in urban areas. Other than this, the rising environmental concerns have led to a growing demand for manufactured sand rather than sand obtained from riverbed mining. Apart from this, the extensive usage of sand in the industrial sector in the glass and heavy industry as a vital raw material and in the commercial sector for various applications, including electrical insulators, pipes, and high-end glass products, is strengthening the market growth. Furthermore, silica sand is widely used for manufacturing specialty and standard glasses, which is positively influencing the market growth. Moreover, the Government of India is implementing numerous initiatives favoring the utilization of manufactured sand over natural sand due to a significant focus on sustainable development. These factors are anticipated to create a positive market outlook in the coming years.
- Based on the type, the market has been divided into natural, manufactured, and other sand.
- On the basis of the application, the market has been segmented into industrial, commercial, residential, and infrastructure.
- Region-wise, the market has been classified into North India, West and Central India, South India, and East India.
- The competitive landscape of the market has been analyzed, along with detailed profiles of the key players operating in the industry.
|Base Year of the Analysis
| Historical Period
||Type, Application, Region
||North India, West and Central India, South India, East India
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