North America Silica Sand Market to Reach US$ 9.3 Billion by 2027, Propelled by the Expanding Residential Construction Activities

September 20, 2022

According to the latest report by IMARC Group, titled “North America Silica Sand Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America silica sand market size reached US$ 5.7 Billion in 2021. Silica sand, also known as quartz sand or white sand, is a granular material made up of around 95% silicon dioxide (SiO2) and less than 0.6% iron oxide. The material is usually available as tiny granules and is typically formed by the breakdown of quartz particles in the presence of water and air. It is highly durable, compression-resistant, and elastomeric. Based on the rock residues and minerals in the resource, the sand is usually white or colorless. It is widely used as industrial sand when it is high in purity and has closely controlled sizing. This makes silica sand an important component in glass and ceramics manufacturing, paint and coating finishing, sand blasting, personal care, and water purification.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

North America Silica Sand Market Trends:

The market in North America is primarily driven by the escalating product demand for various applications in the construction sector due to the expanding number of residential construction activities. In addition to this, the increasing usage of silica sand in glass production industry is also acting as a significant growth-inducing factor for the market. This can be attributed to the continual technological advancements in nanotechnology for flat glazing glass production. Moreover, the rapid utilization of silica sand in the wastewater management and water purification plants is providing an impetus to the market. Apart from this, considerable growth in the cosmetics industry resulting in higher production rates of personal care products is creating lucrative growth opportunities for the key market players. Some of the other factors creating a positive outlook for the market include rapid urbanization and industrialization, the increasing sales of automotive parts and components, widespread adoption of consumer electronics, and extensive research and development (R&D) activities conducted by the major players. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 9.3 Billion by 2027, exhibiting a CAGR of 9.2% during 2022-2027.

Market Summary:

  • Based on the end use, the market has been categorized into hydraulic fracturing, glass industry, foundry, filtration, abrasives, and others.
  • On the geographical front, the market has been segregated into United States and Canada.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Badger Mining Corporation, Capital Sand Company, Inc., Covia Holdings Corporation, Eagle Materials, Inc., Hi-Crush, Inc., Liberty Materials, Inc., Manley Bros. of Indiana, Inc., Short Mountain Silica (Subsidiary of Thiele Kaolin Company), Signal Peak Silica, Source Energy Services, Superior Silica Sand LLC, and U.S. Silica Holdings, Inc. 
     

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North America Silica Sand Market to Reach US$ 9.3 Billion by 2027, Propelled by the Expanding Residential Construction Activities
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