The US glassmaking silica sand market was valued at USD 1,065.6 Million in 2019 and is projected to reach USD 1,356.1 Million by 2027, expanding at a CAGR of 3.6% during the forecast period. The demand for silica sand for glassmaking is growing as use of glass products for multiple applications is on the rise. Moreover, use of glass in different industries such as automotive, construction, and food and beverages industry is fueling the demand for glass products which in turs is driving the US glassmaking silica sand market. Growing acceptance of glass packaging due to growing environmental concerns as well as High Investments for Solar Infrastructures are expected to create lucrative opportunities for the US glassmaking silica sand market in the future.
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Market Dynamics
Glass is a luxurious, decorative, and functional material that is used in various industries. This highly versatile material is used in a variety of applications ranging from construction to advanced aeronautics. Silica sand is an essential raw material used for manufacturing glass. This, is turn, is increasing the demand for glass, which is expected to significantly fuel to the growth of the US glassmaking silica sand market during the forecast period. Moreover, rising awareness about the various properties of glass such as rust resistance, weather resistance, and good conductor of electricity is increasing its demand, thereby spurring market growth.
Silica is the main constituent of the lithosphere and its various industrial applications makes it a vital material. Conversely, its rapid extraction damages the environment. Silica mining causes sinkholes, land erosion, and loss of biodiversity. The chemicals used in mining results in the contamination of the soil, water bodies, and groundwater. Environmental activists and local government bodies are enforcing strict rules and raising awareness about the ill effects of silica mining. This, in turn, is hampering the glassmaking silica sand market.
Segmental Outlook
By Purity Segment
In terms of purity, the US glassmaking silica sand market is bifurcated into high purity and ultra-high purity. The high purity segment accounts for a significant share of the market and is anticipated to expand at a considerable CAGR during the forecast period. The high purity segment is projected to fuel the market growth by registering substantial CAGR during the forecast period due to its highly efficient outcomes and sustainable results in several applications.
By Types Segment
On the basis of types, the US glassmaking silica sand market is segmented into less than 40 mesh, 40-70 mesh, and more than 70 mesh. The less than 40 mesh segment accounts for a significant share of the market and is anticipated to expand at a considerable CAGR during the forecast period. The 40-70 mesh segment is expected to hold a significant share of the market owing to its increasing demand in various end-user industries such as food & beverages and construction.
By Applications Segment
In terms of applications, the US glassmaking silica sand market is classified as flat plates and windows, containers, fiberglass, display/glass, and others. The containers segment accounts for a significant share of the market and is anticipated to expand at a considerable CAGR during the forecast period. The containers segment is expected to remain a key application of the market. On the other hand, the flat plates and windows segment is expected to fuel the market owing to the gradual rise in the demand for silica sand from this segment.
By End-users Segment
Based on end-users, the US glassmaking silica sand market is fragmented into food & beverages, industrial, pharmaceutical, scientific instrument & analytical research, construction, automotive, cookware & utensils, and others. The food & beverages segment accounts for a significant share of the market and is anticipated to expand at a considerable CAGR during the forecast period. Consumption of glassmaking silica sand is increasing in the food & beverage sector due to the rise in the preference for transparency and hygienic packaging of products. Food & beverage is projected to be an attractive segment of the market during the forecast period.
Sub-region Wise Outlook
Based on sub-regions, the US glassmaking silica sand market is categorized as West, Midwest, Northeast, Southeast, and Southwest. The market in the Midwest held a significant share of the market in 2019 and is anticipated to expand at a significant CAGR during the forecast period. Silica sand glass is regarded as safe status as per the FDA guidelines, which creases opportunities for key market players in the country.
The US glass product manufacturing industry is expanding rapidly due to the high demand for glass from construction and automotive industries. This, in turn, is expected to boost the demand for the glassmaking silica sand in the country during the forecast period.
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