Middle East Silica Sand Market Growth and Size, Rising Trends, Revenue, Key Players, Demand, Business Challenges, Future Opportunities and Forecast Till 2033: SPER Market Research
Silica sand is quartz, a naturally occurring mineral composed of silicon dioxide (SiO2), in granular form. It is an essential component in the production of many different products because of its excellent physical properties, low impurity level, and high silica concentration. After being extracted from mines or quarries, silica sand is processed to meet the needs of different industries. Because of its wide range of applications and abundant availability, it is a valuable resource in many industries and promotes economic and industrial development.
According to SPER market research, ‘UAE Silica Sand Market Size- By Product Type, By Application, By End User Industry – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the UAE Silica Sand Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.
Drivers: The UAE government’s concentration on infrastructure development projects, such as constructing roads, airports, and residential complexes, has a big impact on the silica sand business. Sand with silica content, which is required to make concrete, encourages the building sector to grow. Furthermore, as the UAE gets more urbanized, the demand for residential and commercial real estate is rising. Silica sand is used to make glass and ceramics, which are commonly used in the construction of modern buildings. Growing urbanization is the main factor driving the need for silica sand. Furthermore, the UAE is expanding the base of its economy by promoting industrial expansion across a variety of industries. A necessary raw material for the manufacturing of chemicals, glass, and foundry casting is silica sand. The expansion of these industries is driving up the demand for silica sand.
Restraints: Health risks linked with the product may stymie market expansion over the forecast period due to decreased use. The amount and duration of exposure to crystalline silica have been related to an increased risk of disease, discouraging its use, particularly in industries where continuous use is required. It is also not suggested for use because the problem may reappear years after exposure has ended. Furthermore, industrial units avoid long-term and highly concentrated exposure because it is linked to silicosis, lung cancer, chronic bronchitis, and a variety of autoimmune diseases. This will stifle market growth during the projection period.
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The UAE’s silica sand sector was severely impacted by the COVID-19 outbreak. A slowdown was observed in the industrial and construction sectors due to supply chain disruptions, temporary closures, and decreased consumer demand. The early phases of the pandemic saw a decline in the demand for silica sand as a result. But as economic activity gradually resumed and infrastructure improvements were made, the market started to recover. The tenacity of the building sector and the ongoing demand for essential goods like glass and medical equipment led to the demand for silica sand.
Furthermore, Adwan Chemical Industries Co Ltd, Cairo Minerals, Chem Source Egypt, Delmon Co Ltd, Gulf Minerals, Majd Al Muayad, Mitsubishi Corporation, and other major firms are some of the market leaders.
For More Information, refer to below link:-
Dubai Silica Sand Market Outlook
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