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Global demand for silica sand reported to increase

By |  December 30, 2014

According to the World Industrial Silica Sand study by The Freedonia Group, global demand for industrial silica sand is forecast to advance 5.5 percent per year to 291 million metric tons in 2018, with a value of $12.5 billion. This is expected due to increases in construction spending and manufacturing output worldwide.

The North American market is expected to experience rapid gains in the hydraulic fracturing market, reports the study, as horizontal drilling for shale oil and gas resources expands.

In addition, the Asia/Pacific region will remain the largest consumer of industrial sand through 2018 and the demand for silica sand in North America is expected to rise at a faster annual pace than any other regional market.

The study also reports that the U.S. and Canada will lead regional growth, and strength in U.S. oilfield activity will boost demand for sand proppants.

Allison Kral

About the Author:

Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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