The Europe silica sand for glass making market size is projected to garner substantial growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to cross a valuation of USD 1,107.3 million in 2023. It is estimated to attain a valuation of USD 1,654.9 million by 2033. The market is predicted to thrive at a CAGR of 4.1% from 2023 to 2033.
In terms of end users, the food & beverage packaging industry is projected to account for more than 40% of the total silica sand for glass making market by the end of 2033. Also, the construction industry is anticipated to boost the growth of silica sand for the glass making market in Europe. This is driving the demand for new residential and commercial construction across Europe. On the back of this, the Europe silica sand market for glass making is anticipated to surpass USD 1,654.9 million by 2033.
As per Future Market Insights (FMI), Germany is expected to dominate the Europe silica sand market in terms of revenue in 2023 and is anticipated to grow at a steady pace over the forecast period.
| Attribute | Details |
|---|---|
| Europe Silica Sand for Glass Making Market Share (2022) | USD 1,064.9 million |
| Europe Silica Sand for Glass Making Market Share (2023) | USD 1,107.3 million |
| Europe Silica Sand for Glass Making Market Share (2033) | USD 1,654.9 million |
| Europe Silica Sand for Glass Making Market Share (2023 to 2033) | 4.1% |
| Collective Value Share: Top 3 Countries (2023) | 46.5% |
The automotive industry has been one of the key industries for the silica sand for glass application market. Glass has been proven to be the choice of manufacturers for vehicle styling for aerodynamic results. Hence, the increasing automotive production is expected to positively impact the Europe silica sand for the glass making market during the assessment period, owing to increasing aesthetic appearance demand.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Stiff Competition from Plastic Packaging and Metal Can Industries to Limit the Sand Silica Sales
The gradual shift from glass to plastic by industry manufacturers might hamper the demand in the market, opines FMI. Although glass offers additional advantages over other materials, the glass industry faces stiff competition from the plastic packaging and metal box industries.
The container industry uses plastic as it may be easily and safely moved between the freezer, microwave, and dishwasher. Glass is much heavier than plastic, which leads to higher transportation costs, including cushioning to keep those glass-packed products safe. As plastic is light, it is also a cost-saving when transporting truckloads of plastic-packed products. Also, glass manufacturing requires a high amount of energy, i.e., high temperatures are necessary for processing and manufacturing. These factors are expected to affect the silica sand market's growth negatively.
Luxury & Premium Glass Packaging to Create a Multitude of Opportunities for Silica Sand Manufacturers
As per the study, luxury glass packaging is gaining traction in several European countries. Hence, key players in the market are introducing various luxury glass packaging products to expand their product line and market share. Strong product launches in the alcohol, cosmetics, and pharmaceutical sectors mainly drive the Europe luxury packaging market.
Glass accounts for more than half of the total market share in the premium packaging market. The demand for glass increased due to the strong growth of high-end packaging, especially spirits, and cosmetics.
Glass packaging is gaining immense traction in the market; hence, more brands and businesses are looking for sustainable options for their products and packaging. This is anticipated to boost the demand for glass in the packaging industry, propelling the demand for silica sands.
The Europe silica sand for glass making industry size at a CAGR of 1.6% from 2018 to 2022. In 2018, the global market size stood at USD 986.0 million. The market witnessed considerable growth in the following years, accounting for USD 1,064.9 million in 2022.
According to Future Market Insights (FMI), Europe's silica sand for the glass making market is highly influenced by the food & beverage industry as several leading manufacturers pack alcoholic drinks and food items in glass bottles or containers. Food & beverage is considered a key application segment of glass containers, accounting for a substantial market share in volume.
Glass is extensively preferred as a packaging material due to its properties such as recycling, reuse, and neutral reacting nature. It preserves food and beverages for the long term and avoids contamination. For example, beer is stored in dark glass bottles to avoid spoilage. Also, the demand for glass in construction is expected to burgeon, pushing the sales of silica sand in the market. Further, the growing demand for sustainable construction is driving the growth in the market.
Another factor is the densely populated areas of the region that require better infrastructure facilities. Moreover, constant demand from the construction industry for better and more economical glass materials may act as a driver in the upcoming decade.
Apart from the conventional use of glasses in the construction industry, green building construction is driving glass production. For instance, properties such as temperature control, sun protection, and reduced reflection are improving the demand for silica sand for glass making. Additionally, with a rising preference for sustainable construction, the overall silica sand for the glass making market in Europe is expected to boost by 2.1x from 2023 to 2033.
| Historical CAGR (2018 to 2022) | 1.6% |
|---|---|
| Forecasted CAGR (2023 to 2033) | 4.1% |
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Surging Specialty Glass Production to Help High Purity Segment Hold Dominance
By purity, the high purity segment dominates the market. In 2022, the high-purity segment captured 90.2% of market shares. The segment's dominance is ascribable to the increasing demand for specialty glass.
Specialty glasses, like the ones used in solar panels, optical fibers or high-tech applications, are becoming increasingly popular in demand. In order to achieve high-performance requirements, these specialty glasses frequently demand exceptionally high purity levels.
For instance, imperfections in solar glass manufacture might reduce the effectiveness of solar panels. High-quality silica sand is, therefore, essential in the production of such specialized glasses.
Growth in Food & Beverage Packaging to Amplify Silica Sand Sales for Glass Making
In terms of end use, the food & beverage packaging segment may dominate the market over the forecast period. Food & beverage packaging is predicted to account for more than 42% of revenue share in 2033.
The rapid expansion of Europe's alcoholic and non-alcoholic beverages sector is propelling the demand for glass beverage containers, thereby propelling the growth in the silica sand market.
The food & beverage industry accounts for nearly 15% of Europe's manufacturing industry due to favorable trade policies.
Intra-EU exports contribute around 25% of the regional food & beverage industry turnover. In contrast, intra-EU beverage exports are nearly equal to exports to other countries. This is expected to fuel the growth in the segment.
Silica Sand is to be Extensively Used for Manufacturing Glass Containers
The glass container segment, in terms of application, is anticipated to dominate the market and is set to thrive with a CAGR of 4.6% by value and is estimated to create an absolute dollar opportunity worth USD 288.3 million.
In 2022, the glass container segment captured 49.6% market share. This is due to rising investments in the food and beverage packaging industry. Increasing demand for see-through jars & bottles for enhancing the aesthetic appeal of fruit juices, enhanced water, and other products may support the demand for glass containers.
Also, with the growing manufacturing sector and upcoming commercial projects, this segment is anticipated to witness high demand.
Preference for Green Construction Techniques to Spur Silica Sand Sales for Glass Making
Germany accounted for around 18.8% of the Europe silica sand for glass making market in 2022. The market is estimated to create an absolute dollar opportunity worth USD 305.8 million by the end of 2033.
Building construction companies in Germany are moving toward green construction techniques to avoid environmental damage and protect the natural balance. This technique helps reduce the cost of construction by using sustainable construction materials.
The increasing demand for silica sand from the glass industry, surge in demand from the construction market, growing automotive production and sales in the country, ongoing technological advancements, and rising per capita income are some factors expected to improve the growth in Germany silica sand for glass making market.
United Kingdom’s Growing Food & Beverage Sector Creating Conducive Environment for Silica Sand Manufacturers
The United Kingdom silica sand for glass making market is expected to record a CAGR of 4.6%, and it accounted for more than 3.7% of the market share in 2022 in Europe. The United Kingdom is considered to have the dominant construction industry in Europe. As per FMI, the United Kingdom market is expected to hold a large share of the silica sand for the glass making market. This is due to rising construction activities, growing automotive production, and expansion of the food & beverage industry in the country. The food and drink industry is the United Kingdom’s robust manufacturing sector and forms part of a diverse and complex supply chain. It is one of the key factors for the growth in the market of silica sand for glass making in the United Kingdom.
| Country | CAGR (2022) |
|---|---|
| Germany | 18.8% |
| United Kingdom | 3.7% |
Europe silica sand for glass making market is gaining momentum with the presence of several big and small-scale manufacturers and providers. Prominent silica sand providers are collaborating and partnering with the food & beverage industry for better market opportunities.
Key Players in the Market:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Countries Covered | Germany, Italy, France, United Kingdom, Spain, BENELUX, NORDIC, Russia, Rest of Europe |
| Key Segments Covered | Purity, Application, End Use, Region |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The Europe silica sand for glass making market is currently valued at USD 1,107.3 million in 2023.
The Europe silica sand for glass making market is projected to reach a valuation of USD 1,654.9 million by 2033.
The Europe silica sand for glass making market is likely to record a CAGR of 4.1% through 2033.
The food & beverage packaging segment is anticipated to dominate with over 42% revenue share by 2033.
Germany, France, Italy, and the United Kingdom are key consumers of silica sand for glass making, with Germany's robust glass manufacturing driving its lead.
| Estimated Market Size (2024E) | USD 63.8 billion |
|---|---|
| Projected Market Value (2034F) | USD 89.3 billion |
| Value-based CAGR (2024 to 2034) | 3.4% |
| Market Expected Value (2023) | USD 5.7 billion |
|---|---|
| Market Forecast Value (2033) | USD 8.5 billion |
| Market Expected CAGR (2023 to 2033) | 4.1% |
Explore General & Advanced Materials Insights
View Reports
Europe Silica Sand for Glass Making Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
