IMARC Group, a leading market research company, has recently releases report titled “GCC Silica Sand Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The GCC silica sand market size reached US$ 370.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 575.2 Million by 2028, exhibiting a growth rate (CAGR) of 7.90% during 2023-2028.
What is Silica Sand?
Silica sand, also known as quartz sand, industrial sand, or white sand, is a kind of sand that is mainly comprised of silica and oxygen. It offers improved strength, high silica content, enhanced resistance to heat and chemical reactions, etc. As a result, silica sand is extensively utilized in foundries and coal-burning boilers, road construction, glass making, oil and water filtration, sandblasting, industrial casting, etc. It also finds widespread applications in the hydraulic fracturing process.
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What are the growth prospects and trends in the GCC Silica Sand Industry?
The escalating demand for glass, on account of the expanding automotive industry, is among the primary factors driving the GCC silica sand market. In line with this, the increasing utilization of hybrid guide plates, solar control glazing, lightweight glazing, and advanced nanotechnological processes in flat glass production is further catalyzing the market growth. Moreover, the shifting preferences towards naturally available shale gas from crude oil are also augmenting the product demand, since the shale gas extraction process requires silica sand as a proppant. In addition to this, the growing number of infrastructural projects, the elevating requirement for high-grade construction materials in the residential and commercial sectors, and the inflating demand for foundry sand are expected to bolster the GCC silica sand market in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
End Use Insights:
- Glass Industry
- Hydraulic Fracturing
- Foundry
- Filtration
- Abrasives
- Others
Country Insights:
- Saudi Arabia
- United Arab Emirates
- Kuwait
- Oman
- Qatar
- Bahrain
Who are the key players operating in the industry?
- Al-Rashed Cement Company
- Alsalam Almasi
- BMS Factories
- Delmon Group
- Gulf Minerals & Chemicals LLC
- Majd Al Muayad
- Mitsubishi Corporation
- Muadinoon
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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