Silica Minerals Mining is set to grow with a CAGR of XXX from 2020-2030. The global silica minerals market was valued at USD XXX billion in 2020. The mineral quartz (SiO2) is generally present in all types of rock and in every part of the world. It occurs as grains of sand in sedimentary rocks, as crystals in both igneous and metamorphic rocks, and in veins that run through all forms of rock, often containing gold or other precious metals. It's so popular on Earth's surface that it was often referred to as "rock crystal" until the late 1700s. Today, quartz is what most people imagine when they think of the term "crystal."
Market Dynamics and Factors:
Major driving factors for the global silica minerals mining market are increased government spending on the defense sector, growing demand for aircraft for Asia Pacific and Middle East regions. Changing lifestyles of the population and growing disposable income in emerging countries such as India and China will create demand for the aircraft resulting in the growth of the global silica minerals mining market. However, varying the prices of coating materials may hinder the growth of the market. Expanding repairing and maintenance activities will further act as an opportunity during the forecast period. The glass industry represents the largest market segment, and has the largest share as silica sand plays a vital role in both regular and specialty glass production. This can be accredited to the growing use of silica sand as a dominant propping material in the country for hydraulic fracking. It offers the necessary compulsory SiO2 glass preparation module with a high chemical purity. Industrial sand is primarily used for the manufacture of flat glass, which is often used for food and beverage in tableware, automobiles and container glass. It is also used in the manufacture of specialty glass, television displays, incandescent and fluorescent lamps, electronic cathode ray tube (CRT) monitors, and used in test tube manufacturing.
Market Segmentation:
Based on the product, the global silica minerals market is segmented into quartz, tridymite, cristobalite, coesite. On the basis of end-user, the market is segregated into glass, hydraulic, fracturing, foundry, construction, sports and leisure. Depending upon the basis of application, the market is classified into water filtration, industrial casting, sandblasting, building roads, and paints and coatings. Geographic breakdown of global silica market includes regions like North America, Europe, Asia-Pacific, and RoW.
Geographic Analysis:
The market was divided region-wise into the Italy, United States, Turkey, Germany, Australia and others. The United States is the leading market between these, accounting for the bulk of the overall market share. The major factor is growing use of silica sand as a dominant propping material in the countries for hydraulic fracking. APAC region is the largest silica market and also experiencing the rapid growth. Construction is one of the major market drivers in global silica minerals mining market, especially in countries such as India and China. The demand from China's glass manufacturing industry is yet another force, not only in the beverage sector but for flat glass as well.
Competitive Scenario:
The major players of global silica minerals mining market are Preferred Sands, Minerali Industriali, Badger Mining, Fairmount Santrol, Imerys Ceramics Sibelco, U.S. Silica and Quarzwerke.
Silica Minerals Mining Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Billion (USD) |
Growth Rate (CAGR%) | XXX |
| By Product (Quartz, Tridymite, Cristobalite, Coesite), By End-User (Glass, Hydraulic, Fracturing, Foundry, Construction, Sports and Leisure), By Applications(Water Filtration, Industrial Casting, Sandblasting, Building Roads, And Paints And Coatings) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Preferred Sands, Minerali Industriali, Badger Mining, Fairmount Santrol, Imerys Ceramics Sibelco, U.S. Silica and Quarzwerke. |