The supply of high-quality silica sand suitable for industrial applications is dwindling worldwide. Environmental regulations around silica sand mining have become more stringent in recent years to prevent pollution and protect ecosystems. Furthermore, the COVID-19 pandemic disrupted global supply chains and decreased demand from key end-use industries like construction and automotive manufacturing in 2020.
Market Opportunities: Recovering economies post pandemic
As economies recover post-pandemic, the demand for washed silica sand is projected to increase from the construction and industrial sectors. Additionally, the need for high-purity silica for applications such as glassmaking and water filtration provides a long-term need for washed silica sand. Investments in sustainable mining practices and wastewater treatment can help tackle environmental challenges while ensuring a steady supply of this essential industrial minerals
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