“The report on Asia Pacific Reclamation Sand Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.
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Asia Pacific Reclamation Sand Market: Overview
- In terms of value, the reclamation sand market in Asia Pacific is expected to reach ~US$ 2.8 Bn by 2027
- During the sand reclamation process, binders and coatings that adhere to sand grains during casting production are removed to recycle sand for subsequent use
- The sand reclamation process is of three major types: mechanical reclamation (also known as attrition reclamation or dry reclamation), wet reclamation, and thermal reclamation
Asia Pacific Reclamation Sand Market: Key Drivers and Restraints
- Rise in oil and gas exploration and drilling activities in Asia Pacific is anticipated to drive the demand for drilling mud in the near future. This, in turn, is expected to boost the reclamation sand market in the region during the forecast period.
- Engine oils and lubricants need to deliver high performance throughout the operating life of engines or machines. Hence, manufacturers of engine oils and lubricants use lubricating additives to attain anti-wear and anti-corrosive properties. Thus, increasing demand for lubricants is projected to drive the reclamation sand market during the forecast period.
Asia Pacific Reclamation Sand Market: Key Process Segment
- Based on process, the reclamation sand market in Asia Pacific has been segregated into mechanical reclamation, wet reclamation, and thermal reclamation
- In the mechanical sand reclamation method, binders are ground quickly to keep sand flowing through the foundry process. Wet reclamation partially removes sand coatings and organic matter, while thermal reclamation, which is typically carried out at over 800°C, is suitable for non-ferrous foundries and oil-bonded sands that do not contain clay.
- These reclamation processes are sometimes combined to improve sand recovery and quality. For instance, sand may be processed by using thermal reclamation after wet reclamation to completely remove organic matter and restore the original quality of sand.
- The wet reclamation process is complex, but the quality of wet reclaimed sand is better than the sand obtained through any other process. However, the combination of mechanical reclamation and wet reclamation processes is the most suitable method. The quality of wet reclaimed sand is close to that of the fresh sand. Hence, in several cases, fresh sand can be replaced by wet reclaimed sand.
Asia Pacific Reclamation Sand Market: Key Application
- Based on application, the reclamation sand market in Asia Pacific has been divided into foundry, construction, and others
- Reclaimed sand is used in concrete. Foundry sand aggregates can be used for all structural elements in civil engineering. Reclaimed sand is also used for scattering on golf courses and in children’s play sand pits.
- The foundry segment accounted for leading share of the reclamation sand market in Asia Pacific in 2018, due to presence of large numbers of foundries in the region and increase in demand for reclamation sand in these foundries
- Rapid industrialization and rise in demand for foundry products in automotive and aerospace industries in Asia Pacific are expected to fuel the demand for reclamation sand in the near future
China to be Highly Lucrative Country of Asia Pacific Reclamation Sand Market
- China is a key country of the reclamation sand market in Asia Pacific, owing to growth of industries, such as power transmission and railways, in the country. It is a major hub for automotive products, wherein aluminum casting products are used, due to their superior properties over other metals, including light weight and low cost.
- Japan held key share of the reclamation sand market in Asia Pacific in 2018. It is one of the prominent players in the global foundry industry. Expansion of end-use industries of casting products is estimated to boost the reclamation sand market in Japan during the forecast period.
- India is the second-largest producer of foundry products in the world. Strong growth of the foundry industry and government support for reclamation sand in India are projected to drive the reclamation sand market in the country during the forecast period.
- Rise in demand for sand in Singapore and Malaysia is expected to fuel the demand for reclamation sand in these countries during the forecast period
Asia Pacific Reclamation Sand Market: Competition Landscape
- Major manufacturers of reclamation sand include
- ASAHI YUKIZAI CORPORATION
- Asahi Modi Corporation
- Mangalore Minerals Pvt Ltd.
- Mangal Minerals.
- These companies have considerable presence in the reclamation sand market in Asia Pacific.
- Prominent players focus on developing commercially viable processes for the manufacture of reclamation sand that comply with the regulations
Asia Pacific Reclamation Sand Market – Scope of the Report
The new study on the reclamation sand market in Asia Pacific presents a wealth of information on key market dynamics, including drivers, market trends, and challenges as well as structure of the reclamation sand market in the region. The study offers valuable information on the reclamation sand market in Asia Pacific to illustrate how growth would discern during the forecast period of 2019 to 2027.
Key indicators of market growth, which include value chain analysis as well as supply chain analysis and compounded annual growth rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth prospects for the reclamation sand market in Asia Pacific during the forecast period.
Extensive analysis of leading market players’ business strategies is also featured in the study on the reclamation sand market in Asia Pacific. This can help readers understand principal factors driving the reclamation sand market in Asia Pacific. In this study, readers can also find specific data on avenues for qualitative and quantitative growth of the reclamation sand market in Asia Pacific, which would guide market players in making apt decisions in the near future.
For more information about this report visit: Asia Pacific Reclamation Sand Market“
Key Questions Answered in the Study on Asia Pacific Reclamation Sand Market
- What would be the Y-o-Y growth rate of the reclamation sand market in Asia Pacific between 2022 and 2031?
- What is the influence of changing trends in processes of the reclamation sand market in Asia Pacific?
- Will China continue to be the most profitable market for manufacturers of reclamation sand in Asia Pacific in the near future?
- Which factors are projected to hinder the reclamation sand market in Asia Pacific during the forecast period?
- Which are the leading companies operating in the reclamation sand market in Asia Pacific?
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the reclamation sand market in Asia Pacific and arrive at conclusions on future growth prospects for the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the conclusions drawn.
Secondary resources referred to by analysts during the production of the report on the reclamation sand market in Asia Pacific include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of the study on the reclamation sand market in Asia Pacific as a primary resource.
These primary and secondary resources provided exclusive information during interviews, which served as a validation from leading players operating in the reclamation sand market in Asia Pacific. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the reclamation sand market in Asia Pacific with accuracy. The study also uses a top-down approach to assess numbers for each segment and bottom-up approach to counter-validate them. This has helped in making estimates on future prospects for the reclamation sand market in Asia Pacific more reliable and accurate.
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