Global Manufactured Sand Market Revenue Projected Around USD 132,700 Million By 2026

06-Feb-2020 | Facts and Factors

Facts and Factors have authored “Manufactured Sand Market By Type (Mixed Sand, Crushed Sand) and By End-Users (Residential Building, Infrastructure, Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026”. Based on our analysis, the global Manufactured Sand Market in 2019 is approximately USD 51,000 Million and is anticipated to reach around USD 132,700 Million by 2026. The anticipated CAGR for the Manufactured Sand market is around 17% from 2020 to 2026.

Manufactured Sand Market Size

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Manufactured Sand is a substitute for river sand that is mainly used for concrete construction. It is manufactured by crushing hard stones like granite, basalt, and limestones into finer materials. through vertical shaft technology. Due to the fast growing construction industry, there is a huge demand for river sand and it can’t be fulfilled by the river sand due to quality issues. Hence, much preference is given to manufactured sand due to its easy availability and also being easy to be transported anywhere.

Browse the full Manufactured Sand Market By Type (Mixed Sand, Crushed Sand) and By End-Users (Residential Building, Infrastructure, Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026 report at https://www.fnfresearch.com/manufactured-sand-market-by-type-mixed-sand-crushed

The growing urban population is driving the need for new residential and commercial infrastructural developments to fulfill their personal and professional needs. As per the figures shared in the UN report, in 2018, 55% of the world’s population are living in urban areas and this number is expected to keep growing in the coming years. As the purchasing power of the working class around the world is increasing, people are demanding better housing lifestyles and housing development is directly connected to economic growth. But, some governments of developing countries have imposed stringent laws on rock mining due to which for filling the gap between demand and supply, illegal sand mining is taking place on a large scale which is affecting the manufactured sand industry. Hence, it is necessary to increase the demand for sand and gravel from the manufactured sand and ready-mixed concrete manufacturers so that it maintains the balance between demand and supply and no illegal work would take place.

Crushed sand is expected to show dominance over mixed sand. Crushed sand is considered to be more beneficial and useful as compared to mixed sand because it maintains high concrete strength after mixing with water and increases the durability of the concrete as it does not have any impurities like dust, clay, and silt coatings. The Resident building is expected to show more dominance over infrastructural or any other sector as the working middle-class population is growing tremendously and it is necessary to meet their growing demands. The growing urbanization has generated a demand for residential buildings, apartments, homes, etc. as more and more people in search of jobs are moving and getting settled in big cities and other urbanized cities.

The Asia Pacific region shows dominance in the demand and usage of the manufactured sand. Due to the growing infrastructural projects laid down by the governments of the countries in this region, the manufactured sand market has tremendous growth in the Asia Pacific region and this demand is expected to stagnant in the coming years. Among various countries in this region, India is expected to be the fastest-growing economy due to the increasing demand for residential and commercial development activities to meet the demands of the growing working population. Also, other reasons such as financial improvements among the working class and rapid urbanizations are boosting the manufactured sand market within the forecast period.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 51,000 Million

Projected Market Size in 2026

USD 132,700 Million

Growth Rate

CAGR 17%

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Adelaide Brighton, CDE, CRH, CEMEX, Hutcheson Sand & Mixes, HeidelbergCement, Vulcan Materials Company, Metso Corporation, McLanahan, Duo PLC, DSMAC, LafargeHolcim Group, Opta Minerals, Inc.

Key Segment

By Type, By End-Users, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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The key players of the Manufactured Sand Market as follows:

  • Adelaide Brighton
  • CDE
  • CRH
  • CEMEX
  • Hutcheson Sand & Mixes
  • HeidelbergCement
  • Vulcan Materials Company
  • Metso Corporation
  • McLanahan
  • Duo PLC
  • DSMAC
  • LafargeHolcim Group
  • Opta Minerals, Inc.

This report segments the Manufactured Sand Market as follows:

Global Manufactured Sand Market: By Type Segment Analysis

  • Mixed Sand
  • Crushed Sand

Global Manufactured Sand Market: By Application Segment Analysis

  • Resident Building
  • Infrastructure
  • Others

Global Manufactured Sand Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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