Asia Pacific Low-Grade Silica Sand Market Is Expected to Reach 62.6 Mn Metric Tons by 2028 | IMARC Group

The latest report published by IMARC Group, titled “Asia Pacific Low-Grade Silica Sand Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. 

Market Overview:

The Asia Pacific low-grade silica sand market size reached 51.5 Million Metric Tons in 2022. Looking forward, IMARC Group expects the market to reach 62.6 Million Metric Tons by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2023-2028.

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Low-grade silica sand, alternatively known as ordinary silica sand, is derived from quartz and other materials that include carbonates, feldspars, clay minerals, iron oxides, etc. In terms of grades, it can be categorized into below 200 ppm Fe, 201-400 ppm Fe, 401-600 ppm Fe, and above 600 ppm Fe types. These low-grade silica sand variants contain about 99% of SiO2 and 0.01% of iron oxide and ensure high granularity, improved resistance against heat and chemical reactions, enhanced strength and durability, etc. Consequently, they find extensive applications across various industries, including foundry, glass, hydraulic fracturing, water filtration, chemicals. etc., in the Asia Pacific region.

Market Trends:

The expanding glass and foundry segments, the increasing construction of sewage treatment plants, and the rising installation of water purification systems are primarily driving the Asia Pacific low-grade silica sand market. Furthermore, the elevating product usage in the manufacturing process of several building materials, such as stained glass, ceramics, paints, coatings, etc., is also positively influencing the regional market. Besides this, the growing renewable energy sector that operates on glass-based photovoltaic modules is acting as another significant growth-inducing factor. Additionally, the escalating product utilization in numerous shale gas exploration activities is expected to bolster the Asia Pacific low-grade silica sand market in the coming years.

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Asia Pacific Low-Grade Silica Sand Market

Asia Pacific Low-Grade Silica Sand Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Hisagoya Co. Ltd., JFE MINERAL & Alloy Co. LTD., Mangal Minerals, PUM Group, Raghav Productivity Enhancers Limited, Rock Energy International, Tochu Corporation and Toyoura Keiseki Kogyo Co. Ltd.

The report has segmented the market on the basis of grade, end use and region. 

Breakup by Grade:

•        Below 200 ppm Fe

•        201-400 ppm Fe

•        401-600 ppm Fe

•        Above 600 ppm Fe

Breakup by End Use:

•        Foundry

•        Glass

•        Hydraulic Fracturing

•        Filtration

•        Chemicals

•        Others 

Breakup by Country:

•        China

•        India

•        Malaysia

•        South Korea

•        Japan

•        Others

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure:  https://www.imarcgroup.com/request?type=report&id=6001&flag=C

Key highlights of the report:

•        Market Performance (2017-2022)

•        Market Outlook (2023-2028)

•        Porter’s Five Forces Analysis

•        Market Drivers and Success Factors

•        SWOT Analysis

•        Value Chain

•        Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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