Title: Silica Sand Market - Forecast, 2021-2026
1Silica Sand MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Silica Sand Market size is forecast to reach
US24.5 billion by 2026, after growing at a CAGR
of 5 during 2021-2026. The Silica Sand market is
influenced by rising demand from glass
manufacturing industry. Silica sand provides the
essential silicon dioxide required
for glass formulation hence it is the primary
component in all types of standards and specialty
glass. According to the Department for
Environment Food Rural Affairs, in U.K the GVA
of the food sector increased 4.4 in 2018,
following a 4.3 increase in 2017. Longer term,
the food sector increased by 41.6 between 2008
and 2018 while the whole economy increased by
41. In addition, in Germany, Policy makers upped
targets in late 2019,
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- Key Takeaways
- Asia-Pacific dominates the global Silica Sand
market, owing to increased construction
activities and various government initiatives
such as 100 smart cities and Housing for all by
2022 in the region. - The significant growth in the construction in the
sector is contributing to the demand in the
silica sand. In November 2020, seven Dutch
organizations have formed an alliance and
announced to invest around 1.22bn in the
construction of Amsterdam metro projects. - Although, COVID-19 has significantly resulted in
the pause of production capacity in the
manufacturing industries, resulting in decline of
Economy, the market is set to recover with the
vaccine rollout in various countries. -
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By Distribution Channel- Segment Analysis Above
99 purity held the largest share in the Silica
Sand market in 2020 and is forecasted to grow at
a CAGR of 5.4 during the forecast period. Silica
sand with a purity of 99.5 is used in the glass
industry. Commercial glass is made by fusing
silica sand (Si02), limestone (CaC03), and soda
ash (NC03) at 1,100C. The typical composition is
75 silica, 10 lime, and 15 soda ash. The sand
should be uniform in grain size and contain at
least 99.5 silica. The reduction of impurities
in silica sand to a degree appropriate for the
manufacture of acceptable solar grade silicon for
photovoltaic applications using photo thermal
treatment. This method attracts impurities to the
surface of silica grains, where they can be
easily removed by dissolving them partially in an
acid mixture.
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- Silica Sand Market
Outlook - Sibelco
- Mitsubishi Corporation
- U.S. Silica Holdings Inc
- JFE Holdings Inc
- Covia Holdings Corporation
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Silica Sand Market -
Forecast 2021-2026 Learn More About the Report
_at_ https//www.industryarc.com/Research/Silica-Sa
nd-Market-Research-503260
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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