Accelerations in construction spending and manufacturing output worldwide are expected to drive growth in important silica sand-consuming industries, including the glass, foundry and building products sectors. Significant growth is projected for the hydraulic fracturing market as horizontal drilling for shale oil and gas resources expands, largely in North America.
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.
In India, foundry activity has shown strong growth, driven by the production of sand moulds to manufacture metal castings. Indonesia may also register strong growth in silica sand sales through 2022, supported by rapid advances in the output of glass products and metal castings, combined with increased hydraulic fracturing activity.
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Consumption of silica sand in Western Europe is projected to see more modest annual gains through 2020, although such growth may mark a rebound from the declines registered during 2008 to 2015. Recoveries in building construction and manufacturing activity, including a turnaround in flat glass output, may stimulate renewed demand for industrial sand in the region.