A new report added to the online inventory of Wise Guys Reports (WGR) discloses that the global natural and manufactured sand market is set to capture a compound annual growth rate (CAGR) of 12.7% between 2017 and 2025. —
Basically, natural and manufactured sand is important element which is used in mortar and cement concrete. The combination of both is used for construction. These Natural & manufactured sand products are beneficial in improving the quality, and productivity of the construction.
Regulatory bodies for infrastructure are also pouring huge amount of investment into this natural & manufactured sand market. The rising demand from real estate and industrial sector will infuse the demand of natural and manufactured sand market and countries are looking up for the ways to give buildings a modern look thus increasing the market size of global natural and manufactured sand market greatly.
Increasing infrastructure development projects and growing urbanization have resulted in urge in expansion of global natural and manufacturer sand market. The cost benefits offered by natural and manufactured sand products are studied as a prominent market driver.
Global Natural and Manufactured Sand Market: Segmental Analysis
The segmental analysis of the market has been conducted based on type, application and region.
By type, the market has been segmented into Natural Sand and Manufactured Sand.
Based on application, the market has been segmented into Residential, Commercial, Industrial, Infrastructure and others.
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Global Natural and Manufactured Market: Regional Analysis
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America countries including United States, Canada and Mexico are covered while in Europe countries such as Germany, France, UK, Russia and Italy are included. In Asia-Pacific regions China, Japan, Korea, India and Southeast Asia are included.
With the innovation in technology, companies in the US are using more advanced technology in their manufacturing units to improve the quality of production thus expanding the global natural and manufactured sand market. Moreover, Asia Pacific region is also expected to hold significant share of the global natural and manufactured sand market during the forecasted period. The rapid growth of the industries and real estate in the countries such as Japan, China, India and South Korea is partly driving the market growth in the region. Moreover, with the rise in middle class population, the need of develop houses, roads, offices, malls have also surged across the world. Since sand is a mandatory product which is needed in all the construction projects, and as a result, the demand for natural and manufactured sand products in the global market is expected to soar in the coming years. Even the market in Europe is also expected to witness a sound growth during the projection period.
The report deeply analyses Natural and Manufactured Sand market by regions, type and application during the forecast period.
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