The recent report by IMARC Group, titled “France Silica Sand Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the France silica sand market reached a volume of X Million Tons in 2017. Silica sand is mainly composed of silicon dioxide or silica along with general impurities like lime and metal oxides. It occurs in both the crystalline state and amorphous form as a result of plankton fossilization or weathering. Silica sand possesses non-reactive properties and high silica content which make it an indispensable material to be used in the manufacturing of construction materials, electronics, glass, renewable materials, etc. France is considered to be one of the largest ceramic industries in Europe which is mainly driven by the increasing manufacturing of sanitaryware, brick and roof tile, and tableware. This has majorly contributed in boosting the demand for silica sand market in the region.
France Silica Sand Market Drivers:
In the year 2014, the performance of the French construction sector deteriorated due to municipal elections, failure of Duflot tax exemptions program along with a decrease in housing permits and renovation projects. In order to boost the depressed housing market in the region, the government introduced the Simplification of the Regulation policy in the same year. The main objectives of the policy were to lower construction costs and simplify building regulations. This policy provided a thrust to the housing sector, in turn, stimulating the demand for silica sand. Additionally, extension of the Pinel buy-to-let incentive and PTZ scheme (interest-free loan for first-time buyers) till 2021 is envisaged to bolster the market growth. Moreover, upcoming infrastructural projects, such as EuropaCity, and the construction of Grand Paris Express, The Nîmes-Montpellier rail bypass, Tour Triangle and the ASVEL arena, are further anticipated to contribute to the growth of the silica sand in the country. As a result, the market is projected to reach a volume of X Million Tons by 2023, expanding at a CAGR of X% during 2018-2023.
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France Silica Sand Market Summary:
- The France silica sand market has been categorised on the basis of end-use into glass industry, foundry, filtration, abrasives and others. Amongst these, the glass industry represents the largest end-use segment as silica sand has resistance to high temperature levels. On account of these factors, it is majorly used to produce flat glass which is further employed in automobile, construction, food and beverage, and chemical industries.
- The competitive landscape of the market has also been analysed with some of the major players being Sibelco France, SAMIN, Solvay France, Imerys, Silmer, Fulchiron Industrielle, Argeco Developpement and Sablieres Palvadeau Les Douemes.
Find more related reports on chemicals and materials industry: https://www.imarcgroup.com/categories/chemicals-market-reports
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