CLEVELAND, Nov. 2, 2016 /PRNewswire/ -- Silica sand demand in North America is forecast to expand 5.1 percent per year through 2020 to 82.8 million metric tons. This will represent a somewhat slower pace than that recorded during the 2010-2015 period. Low oil and gas prices into the near term will depress the number of new wells drilled through 2020, limiting opportunities for frac sand suppliers. Nevertheless, increasing intensity of use per well will fuel robust growth in silica sand consumption, making it the fastest growing market in North America into the long term.These and other trends are presented in World Industrial Silica Sand, a new study from The Freedonia Group, a Cleveland-based industry research firm.
The study is available here http://www.freedoniagroup.com/industry-study/3469/world-industrial-silica-sand.htmDemand for industrial sand in building product applications will also record healthy advances through 2020, fueled by a rebound in bituminous roofing demand as the US construction industry continues to recover from the effects of the Great Recession. According to analyst Zoe Biller, "Gains in the chemicals and flat glass markets will both increase at a steady pace." Less robust increases will be recorded in the container glass market, dampened by glass' declining share of the packaging market, as well as by the widespread use of recycled glass (cullet) in glass container manufacture. The worst performance is expected in other, smaller applications. This will be due to the declining use of sand as a blasting abrasive because of the health concerns associated with worker exposure to silica dust. In 2015, silica sand production in North America accounted for 28 percent of world output, making it the second largest regional supplier after the Asia/Pacific region. Most trade is intraregional, with silica sand moving from the US to Canada and Mexico. Related studies: #3449 World Flat Glass ( August 2016) http://www.freedoniagroup.com/industry-study/3449/world-flat-glass.htm #3407 World Specialty Silicas ( April 2016) http://www.freedoniagroup.com/industry-study/3407/world-specialty-silicas.htmAbout The Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players. Reports can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com. Press Contact:Corinne Gangloff+1 440.684.9600 email@example.com Logo - http://photos.prnewswire.com/prnh/20160805/396004LOGO