Global Silica Sand Market Rising Sales of Automobiles Impelling the Market Growth
The global silica sand market has witnessed moderate growth over the past few years. This can be attributed to the thriving construction and glass industries, increasing automotive sales, advancements in technology, and rising shale gas extraction.
As per the latest market research report by IMARC Group, the global silica sand market size exceeded US$ 7 Billion in 2018, exhibiting a CAGR of around 8% during 2011-2018. Silica sand (SiO2), also known as industrial sand, refers to one of the commonly available varieties of sand across the globe.
Owing to its mechanical properties, silica sand is widely used in the production of fiberglass which is further utilized in the automotive industry. Inflating income levels is boosting the sales of automobiles worldwide which, in turn, is influencing the growth of the silica sand industry.
Table of Contents
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Silica Sand Industry
6 Performance of Key Regions
7 Market by End-Use
8 Competitive Landscape
9 Silica Sand Manufacturing Process
10 Project Details, Requirements and Costs Involved
11 Loans and Financial Assistance
12 Project Economics
13 Key Player Profiles
Source: Global Silica Sand Market to Reach US$ 10 Billion by 2024