Latin America Silica Sand Market Outlook
According to the report by Expert Market Research (EMR), the Latin America silica sand market share, is projected to grow at a CAGR of 2.3% between 2023 and 2028. Aided by the escalating demand for silica sand in various industries, particularly in glass manufacturing and hydraulic fracturing, the market is expected to grow significantly by 2028.
Silica sand, a form of quartz, is a critical material used in a wide range of industries, including construction, glass manufacturing, foundry, hydraulic fracturing, filtration, and abrasives. Known for its chemical inertness, hardness, and high melting point, silica sand is extensively utilised in the production of glass products such as flat glass, container glass, and speciality glass. Its characteristics make it an indispensable component in various industrial processes.
The increasing demand for glass in construction and automotive industries is a key factor driving the Latin America silica sand market growth. As urbanisation progresses in Latin America, the surge in construction activities and the burgeoning automotive industry have led to a heightened demand for high-quality glass, subsequently increasing the need for silica sand. Moreover, the rise of energy-efficient and aesthetic glass applications in buildings has further propelled the market expansion.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/latin-america-silica-sand-market/requestsample
The expanding application of silica sand in hydraulic fracturing is another significant factor contributing to the Latin America silica sand market expansion. Hydraulic fracturing, or fracking, is a method employed in the oil and gas industry to extract natural gas and oil from deep rock formations. Silica sand, due to its strength and resistance to crushing, is used as a proppant in fracking operations, facilitating the extraction process.
Additionally, the rise in infrastructural developments in Latin America has resulted in increased consumption of cement, driving the demand for silica sand, a raw material in the production of Portland cement. The regional governments’ focus on infrastructural development, including transportation, housing, and public utilities, has significantly boosted the construction sector, further promoting the Latin America silica sand market demand.
The use of silica sand in water filtration processes is yet another driving factor for the market. With the growing need for clean and treated water due to population growth and increased industrial activities, the demand for silica sand in water filtration systems is on the rise.
Moreover, the increasing use of silica sand in the foundry industry for casting metals is anticipated to stimulate market growth. The foundry industry in Latin America has seen substantial growth due to the expanding automotive and other heavy industries, which require cast metal components.
Finally, the increasing popularity of sports and recreational activities, such as beach volleyball and golf, which require sand bunkers and arenas, is also contributing to the demand for silica sand, thus augmenting the Latin America silica sand market expansion.
Latin America Silica Sand Market Segmentation
The market can be divided based on application and country.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/latin-america-silica-sand-market
Market Breakup by Application
- Glass Industry
- Foundry
- Hydraulic Fracturing
- Filtration
- Abrasives
- Chemical Production
- Others
Market Breakup by Country
- Brazil
- Mexico
- Argentina
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Latin America silica sand companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- ArrMaz Products, Inc.
- Badger Mining Corporation
- JFE MINERAL Co., LTD.
- SCR-Sibelco N.V.
- Others
Read More Reports:
Europe Construction Market- https://www.expertmarketresearch.com/reports/europe-construction-market
Europe Sesame Seed Market- https://www.expertmarketresearch.com/reports/europe-sesame-seed-market
Nitrogen Generator Market- https://www.expertmarketresearch.com/reports/nitrogen-generator-market
Low Voltage Motor Control Centre Market- https://www.expertmarketresearch.com/reports/low-voltage-motor-control-centre-market
Cocoa Solids Market- https://www.expertmarketresearch.com/reports/cocoa-solids-market
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact
Company Name: Claight Corporation
Contact Person: Christopher, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com