At present, there is a global shortage of silica sand, owing to a number of export bans and the increased demand for sourced sand which is both environmentally and socially responsible. Sands found in deserts are unsuitable for the purposes the market requires, as it is shaped by wind rather than water, resulting in a further lack of supply.
Set out below is an Asian market overview:
|Use||Specification||Market Size in Asia|
|Float Glass (incl. auto)||99.5% SiO2||60-65 Mt|
|Container Glass||99.5% SiO2||60-65 Mt|
|Cover Glass||99.5% SiO2||5-6 Mt|
|Smart Glass||99.5% SiO2 & low Iron||5-6 Mt|
|Specialist Glass||99.5% SiO2 & low Iron||500-660 Kt|
The Asia-Pacific region is expected to remain the largest regional consumer of industrial sand through 2025, supported by the dominant Chinese market. The country’s container glass industry may drive further silica sand sales, supported by rising production of glass bottles, particularly in the alcoholic beverage sector including wine and beer.
Grab Sample on Unicup Project Drill Program
Asia-Pacific growth is higher than global growth and is expected to be around 5-6% per year. Ongoing economic and infrastructure development in the Asia-Pacific region may drive growth.