With a wide range of industrial uses, silica sand—which is mainly made of silicon dioxide—is a versatile substance. It is perfect for use in making glass, pottery, and concrete because of its fine grains. Despite being widely distributed in nature, silica sand is frequently harvested and treated to get rid of contaminants. It is appropriate for casting metal in foundries due to its high melting point and thermal stability. Furthermore, it is necessary for the hydraulic fracturing, or "fracking," procedures that draw natural gas and oil from subterranean sources. Even though breathing in silica sand might have negative effects like silicosis, it also has many positive effects. As a result, when handling and processing it, appropriate safety measures must be used.
According to SPER Market Research, ‘Saudi Arabia Silica Sand Market Size- By Form, By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Saudi Arabia Silica Sand Market is estimated to reach USD XX billion by 2033 with a CAGR of 6.41%.
Drivers: One of the main factors propelling the market's growth is the increasing demand brought on by the growth of the glass industry. Glass is required for the industrial process to function. Silicon dioxide (SiO2) is used to make glass due to its exceptional resilience to heat shock and low coefficient of thermal expansion. These characteristics allow the material to survive a broad range of temperatures and shield it from changes brought on by abrupt, severe temperature shifts. Its remarkable optical transmission properties from UV to IR expand its range of applications in laboratory apparatus. Due to factors such growing urbanisation, infrastructural development, and consumer preferences for glass containers and building materials, the global glass market has grown significantly.
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Restraints: Due to declining use, health issues related to the product may impede market growth during the forecast period. The utilisation of crystalline silica is decreased due to the association that exists between the length and quantity of exposure to the material and the risk of disease, particularly in industries where continuous use is necessary. It is not recommended to use it any more as the disease may continue to spread even after exposure ends. Due to the connection to silicosis, chronic bronchitis, lung cancer, and autoimmune illnesses, production facilities avoid long-term, high-exposure. This will hinder market expansion for the period of the projection.
Impact of COVID-19 on Saudi Arabia Silica Sand Market
Initially, the pandemic caused supply chain disruptions and decreased the demand for silica sand in several Saudi Arabian industries, like as manufacturing and construction. Due to lockdown procedures and the precipitous drop in oil prices, economic activity slowed considerably. But as things steadied and efforts to diversify the economy accelerated, silica sand consumption started to rise gradually once more. The resurgence of the silica sand market was fueled by the rise of the building industry, the growth of industry, and the improvement of infrastructure. The epidemic did not stop the Saudi silica sand market from growing and changing to meet the country's changing needs.
Saudi Arabia Silica Sand Market Key Players:
Dammam dominates the Silica sand market in the Saudi Arabia. In the centre of the silica sand reserves in the Eastern Province, Dammam acts as a centre for the extraction, processing, and export of silica sand. The key players of this market are Advanced Glass Technology Co, Al-Haytham Mining Company, Al-Raddadi Factory for Silica Sand and Powder, and Others.
Saudi Arabia Silica Sand Market Segmentation:
By Form: Based on the Form, Saudi Arabia Silica Sand Market is segmented as; Wet, Dry.
By Type: Based on the Type, Saudi Arabia Silica Sand Market is segmented as; Frac Sand, Foundry and Moulding Sand, Glass Sand, Other Industrial Sand.
By Application: Based on the Application, Saudi Arabia Silica Sand Market is segmented as; Glass Industry, Foundry, Construction, Ceramic and Refractories, Paint and Coating, Chemical, Oil and Gas, Filtration, Others.
By Region: This research also includes data for Riyadh, Jeddah, Dammam, Rest of Saudi Arabia
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Saudi Arabia Silica Sand Market Size
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