Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Silica sand is the most abundant sand in nature and have adequate moulding features. The most common and widely used aggregate that is still in use is silica sand owing to its global availability, high melting point and suitable particle size and distribution. It is used in an extensive range of applications. High purity silica sand contributes critical performance properties such as reflectance and brightness, oil absorption and colour consistency. Therefore it is widely being used in industries such as glass manufacturing, oil and gas, water filtration and many others.
The North America silica sand market has been seeing tremendous growth from the past few years. The rapid growth in the North American construction industry has resulted in increasing investments in high-end infrastructure development. The growing demand for silica sand in manufacturing a variety of building materials is largely contributing to the market growth. Furthermore, the increasing awareness regarding several mechanical benefits of silica sand has impelled its adoption in the production of fiberglass. Moreover, a surge in the product demand for offering refractoriness and grain strength in glass-based automotive components, is also propelling the growth of the market in the region.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the silica sand market. In addition, complete analysis of changes on silica sand market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on North America economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the silica sand market was moderate owing to the decline in demand from glass, building & construction, water filtration and many other industries.
The study analyses North America silica sand market based on product type, end use industry and country.
Various product types such as wet sands, dry sand, frac sand, filter sand, and coated sand are covered in the North America silica sand market. Surged use of wet silica sand in water filtration application is one of the major factor that driving the market growth. Additionally, silica sand represents various features in water filtration, such as high hardness and good acidic chemical resistance, which enhance its mechanical strength, is further likely to contribute to the market growth.
Major end use industries of the North America silica sand market are glass manufacturing, foundry, chemical production, construction, paints and coatings, ceramics and refractories, filtration, oil and gas, and other end-user industries. Glass manufacturing segment is witnessing fastest growth of the market. Glass products are generally manufactured by heating a mixture of silica sand and several carbonates/metallic oxides together in a furnace to a bubble-free and smooth melt at ?1500°C. The chemical purity of silica sand is the major cause of clarity, color, and strength. Thus it is widely used to manufacture glass products.
Country wise, the study is comprised of the key countries such as the US, Canada and Mexico. The United States held the largest market share of North America silica sand market and is likely to dominate the market over the estimated time frame. Growing technological advancements and the introduction of innovative nanotechnology in solar control glazing and flat glass in building construction has increased the demand for silica sand across the region. In addition, the growing use of glass-based photovoltaic modules and solar panels is further expanding the market growth. Furthermore, the rising oil and gas production activities in the region has driven the demand of silica sand in hydraulic fracturing application. This is ultimately propelling the growth of the market in NA region.
The major key players of market includes Badger Mining Corporation, Chongqing Changjiang River Moulding Material (Group) Co. Ltd, Covia Holdings LLC, Emerge Energy Services, Euroquarz GmbH, Hi-Crush Inc, JFE Mineral Co. Ltd, Mitsubishi Corporation, Pioneer Natural Resources Company, Pum Group, Sibelco, Source Energy Services, Tochu Corporation, U.S. Silica, and Xinyi Golden Ruite Quartz Materials Co. Ltd among others.
The study analyses North America silica sand market based on product type, end use industry and country. Various product types such as wet sands, dry sand, frac sand, filter sand, and coated sand are covered in the North America silica sand market. The wet sand segment is likely to dominate the market over the forecast period. Major end use industries of the North America silica sand market are glass manufacturing, foundry, chemical production, construction, paints and coatings, ceramics and refractories, filtration, oil and gas, and other end-user industries. The glass manufacturing segment is likely to register fastest growth in years to come owing to the growing adoption of silica sand for manufacturing of various glass products. Country wise, the study is comprised of the key countries such as the US, Canada and Mexico.
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