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Silica Sand Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Silica Sand in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Silica Sand Price Trend for the Second Half of 2023
Silica sand finds widespread industrial applications due to its unique properties. Its high purity and hardness make it valuable in the production of glass, ceramics, and refractory materials. In construction, silica sand is essential for producing concrete and mortar, providing strength and durability.
It serves as a key component in foundry molds for metal casting processes. Also, silica sand is used in filtration systems for water treatment and hydraulic fracturing in the oil and gas industry, which recently emerged as one of the most significant applications of silica sand.
In the H2 of 2023, initially, the oscillating demand dynamics and persistent dullness in the downstream industries projected a negative influence on the silica sand price trend. This downward trend in the market was also influenced by the slowdown in the economic momentum of China and several other Asian countries which raised the difficulties of not only the production sector but also for the traders.
However, the fluctuations stabilized slightly during the year-end months, with a mild rise in support from the consumer sector during the winter holiday season. Additionally, the automotive and construction activities in the Asian countries also regained their pace in the last quarter of 2023 but the effect of this positive influence was only visible in around the last month of the year.
According to Procurement Resource, the price trend of Silica Sand is expected to showcase mild appreciation as the downstream industries seem to be still struggling with the meek economic growth and oscillating interest of the consumer sector.
Silica Sand Price Trend for the First Half of 2023
The price trend for Silica Sand fluctuated in a very narrow range in the first half of 2023. The Silica Sand market primarily depends on the downstream demands from the construction sector as Silica Sand is majorly utilized as the main structural component in various construction-related processes and in glass, painting, and coating industries.
High global inflation, with Germany undergoing a Recession and two major US banks collapsing, hit the construction sector very severely. As the costs of living skyrocketed, people refrained from investing in construction and buildings too much; as a result, the demands remained in a slump. So, amidst such feeble demands, the Silica Sand prices didn’t have much room to improve. Overall, bearish market sentiments were observed.
According to Procurement Resource, the Silica Sand prices are expected to continue behaving in a similar manner since the downstream demands are expected to continue to remain unsettled in the coming months.
Procurement Resource provides latest prices of Silica Sand. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Silica Sand contains at least 95% SiO2 and less than 0.6% iron oxide. The most common form of SiO2 is quartz, which is mined from hard rock deposits. It is chemically inert and is often white/colorless. However, the color of each sand deposit depends on the variety of minerals and rock detritus that make up the deposit. The regular/construction sand will also contain SiO2 but less than the 95% mark/level.
|Industrial Abrasives, Water Filtration, Glass Making, Ceramics, Paints and Coatings, Construction Materialsl
|Quartz Sand, Industrial Sand, White Sand
|Badger Mining Corp, Quarzwerke Group, AVIC Glass, Lianxin Group, Emerge Energy Services LP, Toyota Tsusho, Tokai Sand
|Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|US$ (Data can also be provided in local currency)
|Supplier Database Availability
|The report can be customized as per the requirements of the customer
|Post-Sale Analyst Support
|360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Quartz is mined from hard rock deposits and then subjected to further processing involving steps like crushing, grinding, sizing, beneficiation, dewatering, and drying. The first stage is to reduce the size of quartz so that it can be processed to remove impurities.
In the second stage, the size is reduced further so that it can be ready for the beneficiation stage where impurities are removed. Impurities like oxides, mica, heavy minerals, etc., are removed via multiple stages of flotation cells and separation screens. The next step involves drying off any excess liquid followed by the final drying stage.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103