Summary Asia Silica Sand Market-Growth , Trends and Forecasts ( 2017-2022 ) Description
The Asia silica sand market demand was valued at USD 4,930.21million and XX million metric tons in terms of volume . As a commodity , silica sand is used as a primary ingredient in numerous industries , namely construction , glass , foundry , oil & gas and fillers & extenders . Its properties , such as resistance to high temperatures , purity , grain size , inertness , and hardness make it a vital ingredient for numerous industrial sectors .
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On the basis of the end-user industry , we have segmented the Asia silica sand market into glass manufacturing , foundry , chemical production , construction , paints and coatings , ceramics and refractories , filtration , oil and gas recovery , and others . The glass-manufacturing sector accounted for over 30 % share of the market and is expected to be the fastest growing in the forecasted period .
The market is driven by numerous factors , such as growing demand for reclamation sand from the foundry industry , rise in the construction activities in countries such as India , China , Indonesia , and Singapore , and accelerating demand from the China glass industry . However , this market faces certain drawbacks , such as rise in illegal sand mining and development of sand-free products for the construction industry . As a result , the aforementioned factors may act as a roadblock in the growth of the market
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On the basis of silica sand , the Asia construction and reclamation sand market can be broadly segmented into wet sand , dry sand , frac sand , filter sand , and coated sand . Additionally , the market has also been segmented on the basis of construction sand into pit sand ( coarse sand ), river sand , manufactured sand / artificial sand and sea sand . Furthermore , on the basis of reclamation sand the market has been segmented into mechanical reclamation and thermal reclamation .
The market has also been geographically segmented into China , India , Japan , South Korea , Singapore , Malaysia , Thailand , Vietnam , Indonesia and Philippines .
Furthermore , the growing hydraulic fracking ( owing to rising shale gas and shale oil exploration activities ) will offer numerous opportunities in the growth of the Asia construction and reclamation sand market . Some of the major companies dominating this market are Iluka Resources , LafargeHolcim , Sibelco , Parthenon Resources , and Tochu Corp .
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