ABOUT SILICA

Silica vs. Silicon

A raw material for the future

Silicon dioxide, also known as silica, is an oxide of silicon with the chemical formula SiO2, commonly found in nature as quartz. In many parts of the world, silica is the major constituent of sand. 1

Elemental silicon is produced commercially by reducing Si02 with carbon in an electric furnace. High-purity silicon, for the electronics industry, is prepared by the thermal decomposition of ultra-pure trichlorosilane, followed by recrystallisation. 2

The term “silicon metal” is typically used for silicon that contains between 96% and 99.99% silicon

SILICA MARKET

Silica sand (SiO2) is the finely crushed form of quartz with high silicon dioxide content. It contains at least 95% SiO2 and less than 0.6% iron oxide. Sand that does not fulfill this criterion is considered regular sand. The global silica market size was valued at USD 49.12 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030.1

Market Size (2023)1

Revenue Proj. (2030)1

USD $52.69 billion

USD $104.34 billion

Click image to enlarge
Click image to enlarge

Silicon Market

Silicon, derived from high quality quartz, is the most common material for semiconductors due to its high stability as an atom, and that it doesn’t break easily under high temperatures. Being most utilized in construction activities, semiconductors, microchips, photovoltaic panels.1 The Global Silicon Market Size accounted for USD 15.2 billion in 2021 and is estimated to achieve a market size of USD 23.4 billion by 2030 growing at a CAGR of 5.1% from 2022 to 2030.1
Click image to enlarge

High Purity Quartz

The greater the purity in the ground, less processing required to achieve higher market value.

High-purity quartz (HPQ) is primarily used in the manufacturing of silicon metal. It is a base material in the production of semiconductor wafers.1

Silicon acts as an insulator at low temperatures and a smooth conductor of electricity at high temperatures, which is why it is used in the production of various semiconductor products such as integrated circuit boards, transistors, microchips, etc. Hence, growing demand for new-generation wafers from the semiconductor industry is anticipated to enhance the HPQ consumption rate.1

Click to enlarge. Source: Homerun Resources

Silicon Metal

Silicon metalloid is best known for its semiconductor characteristics and has been vital in the development of solar energy and electronics, driving digital technology.

Source: Elkem

A semiconductor does not conduct electricity very well in its pure form but, by adding impurities, as is the case in silicon metalloids, it is possible to influence and control electron transport conductivity.

Source: Elkem

Silicon has long held out promise as a medium for battery anodes, because it can hold 10 times as many lithium ions by weight as graphite.

Source: IEEE Spectrum

Porsche, Mercedes and GM are already betting on silicon-anode batteries.

Source: CNBC

Global Industrial Sand SUPPLY