Quartz Sand Market By End Use Industries (Oil & Gas Industry, Glass Industry, Chemical Industry, Ceramics & Refractories Industry, Foundry Industry, Other Industry) - Growth, Future Prospects And Competitive Analysis 2017 – 2025
The global quartz sand market is anticipated to witness high growth owing to increasing demand from various end-use industries. Rapid growth in middle-class disposable income is driving demand for residential and commercial buildings, as well as automobiles, which in turn drives demand for glass, ceramics, and other products. Further, increasing shale gas production in the U.S. and Canada is also driving the demand for quartz sand over the forecast period (2017-2025).
Considering the economic overview of the market, Asia Pacific is expected to account for a major revenue share of the global quartz sand market. In 2016, Asia Pacific accounted for more than 30% of the market's revenue share in the global quartz sand market. This is attributed to strong growth in the manufacturing industry, especially in China, along with the high demand for quartz products in India and China. The market size and forecast for each application are presented for the period 2015–2025, along with their respective CAGRs% for the forecast period2017–20255.
Geographically, the global quartz sands market is studied for the following regional markets:
North America
U.S.
Canada
Europe
E.U.7
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Latin America
Brazil
Mexico
rest of Latin America
Middle East and Africa
GCC
Rest of the Middle East and Africa
The market size and forecast for the period 2015–2025, along with the CAGRs for the period 2017–2025 for the mentioned segments, are also presented in this study.
Qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment propositions are also included in this study for the assessment of the market competition.
The report concludes with a section on company profiles that highlight key information about the major market players operating in the global quartz sands market.
The purpose of this strategic research study titled "Global Quartz Sand Market: Growth, Opportunities, Share, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the quartz sand market.
Target Audience
Industry Investors
Procurement Managers from End-User Companies
Quartz Sand Manufacturers
Distributors
Based on application, the quartz sand market is categorized into the following segments:
Oil and Gas
Glass
Chemical
Ceramics
Foundry
others (filtering, electronics, etc.).
Sand is used in various products, and the term "quartz sand" is used as the essential raw material for the glass and foundry casting industries. It is also used in other industries, such as ceramics, chemicals, and water filtration, among others.
By end-use industries, the market is broadly segmented into six categories, such as the oil and gas industry, the glass industry, the chemical industry, the abrasives industry, the foundry industry, and others.
Quartz sand is extensively used in the glassmaking industry to make different types of glass, such as fiberglass, container glass, and flat plate. Quartz sand is also used as foundry sand for preparing the molds and cores of foundry work.
In 2016, the glass and foundry industries together accounted for approximately 50% of the market in terms of revenue, and it is projected that they will maintain their dominance during the forecast period of 2017 to 2025.
In 2016, Asia Pacific accounted for the largest share of quartz sand and was projected to grow at a significant CAGR during the forecast period of 2017 to 2025. This growth is attributed to the rising glass, electronics, and metal casting industries.
China is the largest regional market for quartz sand, supported by the dominant glass industry. India's spurring foundry activity is projected to advance at a healthy rate, thus increasing the market demand for quartz sand.
Asia Pacific was followed by North America and accounted for more than 25% of the global quartz sand market. It is projected to be the fastest-growing regional market over the forecast period.
This growth will be driven by expansion in the countries' hydraulic fracturing segments. Furthermore, rapid advances in the output of metal castings and glass products will stimulate market growth.
Frequently Asked Question:
The market for Quartz Sand Market is expected to reach USD$ 19.8 Bn in 2025.
The Quartz Sand Market is expected to see significant CAGR growth over the coming years, at 5.2%.
The report is forecasted from 2017 -2025.
The base year of this report is 2016.
Donghai Shihu Quartz, Kyshtym Mining/Sumitomo Corporation, Jiangsu Pacific Quartz Co., Ltd. are some of the major players in the global market.
