TechNavio recognizes the following companies as the key players in the Global Industrial Silica Sand Market: Quarzwerke GmbH, U.S. Silica Holdings Inc., Fairmount Minerals Ltd. and Sibelco Group.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”With the increase in competition among the market vendors, several large industrial silica sand vendors are investigating opportunities to increase their market presence by differentiating their products from those of their competitors. To accomplish this goal, several vendors have started focusing more on their R and D activities in order to provide the best possible customized products to their customers that can effectively meet their specific requirements. For instance, Fairmount Minerals has established its new multi-million research center in Houston, Texas, US, to focus more on new innovative technologies that will help its customers achieve superior results. Thus, the increase in the R&D activities of industrial silica sand vendors will help the Global Industrial Silica Sand market grow at a steady rate during the forecast period.”
According to the report, the Global Industrial Silica Sand market is witnessing many growth drivers such as increased adoption of industrial silica sand for hydraulic fracturing. Several organizations across the globe prefer industrial silica sand for hydraulic fracturing because of its hardness and its cost-effectiveness.
Further, the report states a major challenge in the Global Industrial Silica Sand market is increased use of recycled silica sand. Several organizations across the globe have started using recycled material for glass production instead of using raw industrial silica sand, thereby creating a threat to the growth of the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Preferred Sands LLC, Xinyi Golden Ruite Quartz Materials Co. Ltd., Xuzhou Shihang Silica Sand Co. Ltd., Zhuzhou Kibing Group Co. Ltd., J. R. Simplot Co., Pattison Sand Co. LLC, and CEMEX SAB de CV.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-industrial-silica-
sand-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report “ Global Industrial Silica Sand Market 2012-2016
