PUBLISHER: The Business Research Company | PRODUCT CODE: 1729080
PUBLISHER: The Business Research Company | PRODUCT CODE: 1729080
Reclamation sand refers to sand that has been processed or treated to be reused in various applications, particularly in construction, land reclamation, and other industries. This sand can come from different sources, such as riverbeds, quarries, or even recycled materials from foundries. Its quality, grain size, and chemical properties make it suitable for specific purposes. The reclamation sand is commonly used in land reclamation projects to fill in low-lying areas, expand coastal zones, or create artificial islands.
The reclamation sand market consists of sales, by entities (organizations, sole traders or partnerships), of reclamation sand that encompasses the collection, treatment and distribution of sand to meet the specific requirements of industries such as construction, infrastructure development, environmental projects and agriculture. Reclamation sand is a vital material for various sectors, owing to its versatility, availability and suitability for projects where natural sand sources may be inadequate or environmentally unsustainable.
The global reclamation sand market was valued at $1,443.64 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 3.00%.
Expansion Of Smart Cities Initiatives
The expansion of smart city initiatives drove the growth of reclamation sand market during this historic period. Smart cities focus on sustainable urban development, efficient infrastructure and technological integration, often requiring the creation of additional land to accommodate new infrastructure, such as smart housing, transportation networks and industrial hubs. Reclamation sand is a base material for roads, buildings, and infrastructure. Its stability and compaction properties make it ideal for supporting heavy loads. It is vital to create new land in coastal areas, expand urban spaces, or raise low-lying areas to prevent flooding. For instance, in January 2022, the Indian Government disbursed INR 284.13.6 billion ($3.817 billion) for 100 smart cities, with INR 236.683 billion ($3.18 billion) already utilized. The Smart Cities Mission (SCM) was launched by the Government of India on June 25, 2015, aiming to enhance urban infrastructure and services across designated cities. Additionally, in November 2021, the federal government announced the Investment and Jobs Act in its annual bill, in which it allocated $500 million for accelerating its smart city initiative and increasing the number of smart cities in the country. Therefore, the expansion of smart cities initiatives contributed to the growth of the reclamation sand market.
New-Generation Sand Control Systems For Enhanced Performance And Efficiency
Major companies operating in the reclamation sand market are increasingly focusing on new-generation sand control systems to surpass legacy solutions due to the need for enhanced performance and efficiency in managing the sand production challenges in various industrial applications. Traditional sand control methods often face limitations in terms of durability, efficiency, and adaptability to different environments. For instance, in October 2024, Halliburton Company, a US-based multinational corporation, announced the addition of SandTrap XL to its sand consolidation portfolio. This latest innovation addresses the industry's challenge of excessive sand production with a low-viscosity resin system. Activated externally, it enables solids control over large intervals. SandTrap XL delivers consolidation strength to formation grains and preserves the original permeability of the rock. This new generation of sand control systems surpasses the limitations of legacy versions. Its external activation allows the treatment of longer intervals without a restriction on pump or cure time.
The global reclamation sand markets are fragmented, with a large number of players operating in the market. The top 3 competitors in the market made up 7.17% of the total market in 2023.
Reclamation Sand Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global reclamation sand market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for reclamation sand? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The reclamation sand market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider reclamation sand market; and compares it with other markets.