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The global sand market is projected to experience substantial growth, reaching USD 159.55 billion by 2024 and is estimated to grow at a CAGR of 4.0% during the forecast period.
The sand market is primarily driven by the escalating urbanization and infrastructure development across the globe. Sand serves as a crucial component in the production of concrete and mortar, making it indispensable for construction activities. The demand for sand is further drives by the growing hospitality and commercial sector including hotels, resorts, and restaurants, is contributing to the market growth. The building and construction sector relies heavily on sand. The market's expansion is also facilitated by investments in infrastructure projects, particularly in developing economies. These rising investments in infrastructure, residential and commercial sectors of developing economies are expected to contribute to market growth.
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The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD bn for the period 2025-2029, as well as historical data from 2019-2024 for the following segments:
Our sand market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Urbanization and infrastructure development are the key drivers of the market. The continuous global expansion of urbanization and infrastructure projects significantly drives the sand market. Rapid urbanization necessitates the construction of new residential, commercial, and industrial buildings, which require substantial amounts of sand for concrete and mortar production. Government investments in infrastructure development, such as roadways, railways, and airports, further boost the demand for sand.
Rising adoption of manufactured sand presents an opportunity for the market. The increasing adoption of manufactured sand (M-Sand) as an alternative to natural sand is a notable trend in the market. M-Sand is produced by crushing hard stones into fine particles, offering a sustainable and environmentally friendly alternative to river sand. The rising awareness of environmental issues associated with natural sand extraction encourages the use of M-Sand in construction projects, driving market growth.
Environmental concerns and stringent regulations are the key challenges affecting the industry growth. The sand market faces increasing environmental concerns related to sand mining activities, including riverbed degradation, coastal erosion, and habitat destruction. Stringent regulations and restrictions on sand extraction can limit the supply of natural sand, impacting market growth. Addressing these environmental challenges and promoting sustainable sand mining practices are crucial for the long-term viability of the market.
Leading companies are implementing strategies such as product innovations, acquisitions, and geographic expansions to enhance their market position. Key players in the sand market include:
These companies are strategically focused on product development, market expansion, and partnerships to maintain their competitive edge in the growing sand market.
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Market Scope |
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Report Coverage |
Details |
| Base year | 2024 |
| Page number | 197 |
| Key countries | US, China, India, Germany, UK |
| Forecast period | 2025-2029 |
| Historic period | 2019-2023 |
| Report coverage | Market size, forecasts, segmentation |
| Regional Analysis | APAC
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| Growth momentum and CAGR | 4.0% |
| Performing market contribution | Europe, APAC, North America |
1 Executive Summary
2 Scope of the Report
3 Market Landscape
4 Market Sizing
5 Impact of COVID-19 on the Sand Market
6 Five Forces Analysis
7 Geographic Coverage
8 Market Segmentation by Type
9 Market Segmentation by Sales Channel
10 Market Segmentation by Application
11 Customer Landscape
12 Market Drivers and Challenges
13 Market Trends
14 Vendor Landscape & Competitive Strategies
15 Appendix (Methodology, Abbreviations)
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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