Europe Reclamation Sand Market Share, Revenue, Trends, Demand, Growth Strategy, Key Players, Challenges and Future Competition Till 2033

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Europe Reclamation Sand Market Share, Revenue, Trends, Demand, Growth Strategy, Key Players, Challenges and Future Competition Till 2033: SPER Market Research



 Published: May-2024
 Author: SPER Analyst


Europe Reclamation Sand Market is projected to be worth 323.82 million by 2033 and is anticipated to surge at a CAGR of 5.76%.

Sand cleaning is the process of sand reclamation. Foundry sand is reconditioned using this method without compromising its physical characteristics. The reclamation process helps to reuse the sand for future uses by removing blinders and coating that stick to the sand grains during high-temperature processes like casting manufacture. Sand undergoes grinding as part of the sand reclamation process along with a mixture of coating and binders. Then, vibration is used to get rid of dust-like particles that are too coarse. Sand is then sent through one last round of cleaning. Sand can be recycled mechanically, through wet or thermal reclamation techniques. To further enhance the quality of the sand, several procedures might be combined.

Europe Reclamation Sand Market Driving Factors and Challenges

Driving Factors: The need for reclamation sand is quickly expanding, driven by a variety of factors including rising natural sand prices, environmental concerns, government requirements, and so on. For example, worldwide construction output in 2020 was $10.7 trillion, and it is predicted to reach $15.2 trillion by 2030.  However, natural sand resources are decreasing, thus the focus is shifting to reclamation sand for construction. In recent years, there have been multiple instances where demand for sand has exceeded availability, causing environmental problems and increasing expenses; as a result, the attention has switched to a more cost-effective solution, which is reclamation sand. Thus, the increased demand for sand in construction and industrial applications is propelling the Reclamation Sand Market.

Challenges: The exploitation of reclamation sand from maritime sources has drawn criticism for its potential negative environmental impact. Stringent laws and sustainability concerns in the sand mining business impede market growth, forcing industry players to adopt more ecologically friendly techniques. Furthermore, the reclamation sand industry is vulnerable to supply chain disruptions such as weather conditions, transportation issues, and geopolitical concerns. These disruptions can have an influence on the availability and cost of reclamation sand, as well as project timeframes and profitability. Furthermore, the availability of alternative land reclamation resources, such as artificial sand and recycled materials, threatens the reclamation sand business. These options, albeit new and less established, may acquire traction in the future, affecting demand for reclamation sand.


Impact of COVID-19 on Europe Reclamation Sand Market
Reclamation sand sales were already impacted by COVID-19 in the second and third quarters of 2020, and it is expected to rebound in 2021. Prior to the corona virus's spread, the United States, Germany, Italy, the United Kingdom, and India accounted for the majority of the demand for reclamation sand. As a result, this demand has now decreased. Moreover, the ramifications of the lockdown remain uncertain, and a company's capacity to bounce back financially is contingent only upon its cash reserves. Manufacturers of reclamation sand can only afford to go into complete lockdown for a few months before having to change their investment strategies.

Europe Reclamation Sand Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Asahi Yukizai Corp, CQMS Razer Pty Ltd, MAT Foundry Group Ltd, Iluka Resources Ltd, Finecast Foundry Ltd, and JFE Mineral & Alloy Co Ltd are a few of the major companies operating in the market.


Europe Reclamation Sand Market Segmentation:

By Process: Based on the Process, Europe Reclamation Sand Market is segmented as; Wet Reclamation, Mechanical Reclamation, Thermal Reclamation.

By Application: Based on the Application, Europe Reclamation Sand Market is segmented as; Foundry, Construction, Others.

By Region: This research includes data for Spain, Italy, Germany, France, United Kingdom

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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