Market Size of UAE Silica Sand Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Silica Sand Market Analysis
The UAE silica sand market is expected to grow with a CAGR of over 5% during the forecast period.
Silica sand is used as an ingredient in the industrial concrete mixture, cement, and specialty sand products. The construction industry, a labor-intensive sector, suffered greatly at the onset of the COVID-19 pandemic. Prolonged lockdowns, strict social distancing norms, and disruptions in the supply chain led to delays in various project completions. In some cases, projects were completely shut down owing to bankruptcy.
- However, with the manufacturing and services sector slowly resuming back to normal, the construction industry is expected to be revived alongside the revival of the country's economy.
- The growing population and rising tourism in the region are expected to drive the need for commercial and infrastructure construction strongly. This growth is expected to drive the demand for silica sand in the region.
- On the other hand, the risk of being substituted by other products and the development of sand-free construction products could potentially hinder the growth of the silica-sand market.
- The UAE government, however, took due cognizance of the potential bloom of tourism in the coming years and announced several mega projects over the next several years. This move could potentially strengthen the demand for the silica sand market within the region.
UAE Silica Sand Industry Segmentation
Silica sand is quartz that has been broken down into tiny granules over time through the work of water and wind. In open-pit operations, silica sand deposits are most commonly surface-mined, but dredging and underground mining are also used. The UAE silica sand market is segmented by end-user industries. By end-user industries, the market is segmented into glass manufacturing, foundry, chemical production, construction, paints and coatings, ceramics and refractories, filtration, oil and gas, and other end-user industries. For each segment, market sizing and forecasts have been done on the basis of volume in kilo tons.
| By End-user Industry | |
| Glass Manufacturing | |
| Foundry | |
| Chemical Production | |
| Construction | |
| Paints and Coatings | |
| Ceramics and Refractories | |
| Filtration | |
| Oil and Gas | |
| Other End-user Industries |
UAE Silica Sand Market Size Summary
The UAE silica sand market is poised for growth, driven by the resurgence of the construction industry and the country's economic recovery post-COVID-19. Silica sand is a crucial component in industrial concrete mixtures, cement, and specialty sand products, making it integral to the construction sector. The revival of the construction industry is expected to be bolstered by the increasing population and rising tourism, which are fueling the demand for commercial and infrastructure projects. The UAE government's initiative to launch several mega projects in anticipation of tourism growth further supports this demand. However, the market faces challenges from potential substitutes and the development of sand-free construction products, which could impede growth.
Land reclamation projects play a significant role in the UAE's real estate development, particularly in metropolitan areas like Dubai and Abu Dhabi, where arable land is scarce. These projects are essential for accommodating the growing population and expanding tourism sector. The construction of iconic developments such as the Palm Islands exemplifies the country's commitment to land reclamation, which is expected to continue driving the demand for silica sand. Additionally, the construction sector benefits from government initiatives like the Projects of the 50, Energy Strategy 2050, and various transportation projects, which are set to attract substantial foreign investment and stimulate economic growth. The partially consolidated market features key players such as Mitsubishi Corporation and Gulf Minerals, who are instrumental in shaping the market dynamics.
UAE Silica Sand Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Land Reclamation Projects Across the Region
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1.2 Restraints
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1.2.1 Competition from Various Substitutes
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1.2.2 Development of Sand-Free Construction Products
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Volume)
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2.1 By End-user Industry
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2.1.1 Glass Manufacturing
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2.1.2 Foundry
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2.1.3 Chemical Production
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2.1.4 Construction
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2.1.5 Paints and Coatings
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2.1.6 Ceramics and Refractories
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2.1.7 Filtration
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2.1.8 Oil and Gas
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2.1.9 Other End-user Industries
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UAE Silica Sand Market Size FAQs
What is the current UAE Silica Sand Market size?
The UAE Silica Sand Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in UAE Silica Sand Market?
Mitsubishi Corporation, Gulf Minerals, Delmon Co. Ltd., Adwan Chemical Industries Co. and National Ready Mix Concrete Co. LLC are the major companies operating in the UAE Silica Sand Market.
