According to a latest Transparency Market Research report, competition in the global natural and manufactured sand market rides on the back of quality. Most players, especially providing manufactured sand are growing in size due to the quality of their products. Besides this, companies in the global natural and manufactured sand market are adding technologically advanced devices in their manufacturing facilities to meet the environment norms and international standards.
Further, expansion of production facility to cater to the growing requirement, and the creation of new facilities to expand their global footprint are some other common strategies adopted by companies. The major names in the global natural and manufactured sand market include Adelaide Brighton Ltd, CEMEX S.A.B. de C.V., CDE, CRH Plc, Hutcheson Sand & Mixes, Heidelberg Cement AG, and Vulcan Materials Company.
The global natural and manufactured sand market was valued at US$44.4bn in 2016 according to the latest TMR report, and is expected to grow at a competent CAGR of 12.7% during the forecast period of 2017 to 2025.
Globally, Asia Pacific is expected to acquire the largest share of the global natural and manufactured sand market in the coming years. TMR analysts predict that this region will alone account for 54% of the entire global natural and manufactured sand market.