The global Olivine Sand market was valued at US$ 142.5 million in 2022 and is projected to reach US$ 210.8 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2023–2029). This growth is being driven by rising demand in foundry molding processes, expanding metallurgical applications in steel production, and the increasing adoption of high-temperature refractories in industries such as ceramics and glass manufacturing, alongside emerging uses in environmental remediation.

As the industrial materials sector transforms toward sustainable practices and high-performance solutions, the spotlight is on the key suppliers who are driving innovation, efficiency, and eco-friendly pathways. In this blog, we profile the Top 10 Companies in the Olivine Sand Market—a mix of mining specialists, processors, and industrial mineral leaders shaping the future of foundry, metallurgical, and refractory applications.

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🔟 1. Imerys

Headquarters: Paris, France
Key Offering: Olivine sand for refractories, foundry molding, and metallurgical flux

Imerys stands as a global leader in specialty minerals, with a strong portfolio in olivine-based products derived from high-quality deposits. The company supplies olivine sand to various industries, including steelmaking and ceramics, where its thermal stability and chemical purity provide superior performance. Through strategic mining operations and processing facilities across Europe and beyond, Imerys ensures consistent supply chains that meet stringent international standards.

Furthermore, their focus on value-added processing allows for customized grain sizes, making their products ideal for demanding applications like high-temperature linings in furnaces. Because olivine sand offers advantages over traditional silica sand, such as lower thermal expansion and reduced health risks from respirable dust, Imerys has positioned itself at the forefront of safer industrial materials.

Sustainability Initiatives:

• Commitment to responsible mining practices with minimal environmental impact
• Integration of olivine in carbon capture technologies for CO2 sequestration
• Targets for 100% renewable energy in processing operations by 2030

Download FREE Sample Report: Olivine Sand Market – View in Detailed Research Report

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9️⃣ 2. Steinsvik Olivin

Headquarters: Nore, Norway
Key Offering: High-purity olivine sand in 30-100 mesh and finer grades for foundry and refractory uses

Steinsvik Olivin, a prominent Norwegian producer, operates one of Europe’s largest olivine mines, supplying premium-grade sand to global markets. Their product is renowned for its forsterite-rich composition, which delivers excellent fusion characteristics in foundry molding and superior slag conditioning in metallurgy. With decades of experience, the company has built a reputation for reliability, serving major automotive and heavy machinery manufacturers.

The demand for olivine sand has grown steadily due to its eco-friendly profile, and Steinsvik Olivin has responded by expanding production capacity. However, the remote location of their operations has led to innovations in logistics to ensure timely delivery worldwide.

Sustainability Initiatives:

• Adoption of water-efficient mining techniques to preserve local ecosystems
• Partnerships for olivine-based soil amendment in agriculture
• Certification under ISO 14001 for environmental management

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8️⃣ 3. Sibelco

Headquarters: Leuven, Belgium
Key Offering: Comprehensive olivine sand portfolio for foundry, metallurgy, and refractories globally

Sibelco dominates the olivine sand market as a multinational industrial minerals giant, with mines in Spain and processing worldwide. Their products, available in all standard mesh sizes, serve diverse applications from precision casting to high-alumina refractories. Holding a significant market share, Sibelco’s scale allows for integrated supply solutions, including technical support for optimization.

Acquisitions and expansions have solidified their leadership, particularly in Europe and North America. As industries prioritize sustainability, Sibelco leads with innovative uses like olivine in concrete for strength enhancement.

Sustainability Initiatives:

• Global net-zero ambitions by 2050 across operations
• Extensive use of olivine in CO2 mineralization projects
• Biodiversity monitoring at all mining sites

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7️⃣ 4. Dakduklu Minerals

Headquarters: Izmir, Turkey
Key Offering: Olivine sand for metallurgical auxiliary materials and high-temperature refractories

Dakduklu Minerals is a key Turkish supplier leveraging the country’s rich deposits to produce olivine sand for export-oriented industries. Specializing in coarser meshes suitable for steel fluxing and furnace linings, the company has established strong ties with Asian and European steel producers. Their processing plants employ advanced crushing and screening technologies to achieve uniform particle distribution.

As Turkey’s mining sector expands, Dakduklu has invested in quality control to meet ASTM and ISO specifications. Furthermore, the company’s strategic location facilitates cost-effective shipping to major markets, contributing to their competitive edge.

Sustainability Initiatives:

• Rehabilitation of mined lands for biodiversity restoration
• Reduction of energy consumption in grinding processes by 20%
• Collaboration with local communities for sustainable development

Download FREE Sample Report: Olivine Sand Market – View in Detailed Research Report

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6️⃣ 5. Thermolith SA

Headquarters: Vigo, Spain
Key Offering: Thermal-grade olivine sand for refractories and foundry applications

Thermolith SA, based in Spain, focuses on high-temperature applications, supplying olivine sand that withstands extreme conditions in glass and cement industries. Their products feature high magnesium oxide content, providing excellent resistance to corrosion and thermal shock. With production centered in the northwest region, the company benefits from access to quality deposits and exports to over 30 countries.

Recent expansions include automated sorting systems to enhance purity levels, ensuring minimal impurities that could affect refractory life. In an industry shifting toward greener materials, Thermolith’s olivine sand serves as a silica alternative, reducing emissions in downstream processes.

Sustainability Initiatives:

• Zero-waste policy in mineral processing
• Investment in solar-powered facilities
• Research into olivine for water filtration and environmental cleanup

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5️⃣ 6. Eryas

Headquarters: Ankara, Turkey
Key Offering: Olivine sand in 100-270 mesh for foundry molding and metallurgical uses

Eryas is a dynamic Turkish player in the olivine sand sector, catering primarily to the domestic foundry industry while expanding internationally. Their sand is prized for its angular grains, which improve mold strength and reduce defects in castings. Operating modern quarries, Eryas emphasizes efficient extraction methods to maintain high forsterite content, essential for applications in aluminum and iron casting.

The company’s growth has been fueled by Turkey’s robust manufacturing base, but they face competition by focusing on customized blends. However, Eryas has navigated supply chain disruptions effectively, building reserves to ensure continuity.

Sustainability Initiatives:

• Implementation of dust suppression systems to minimize airborne particulates
• Community engagement programs in mining areas
• Exploration of olivine in construction materials for green building

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4️⃣ 7. Egamin

Headquarters: Istanbul, Turkey
Key Offering: Fine olivine sand (270-325 mesh) for specialty refractories and fillers

Egamin specializes in ultra-fine olivine sand, targeting niche markets in advanced refractories for petrochemical and power generation sectors. Headquartered in bustling Istanbul, the company utilizes state-of-the-art milling technology to produce powders with exceptional flowability and packing density. This enables their products to be used in monolithic refractories and castables, where quick setting and high strength are required.

Egamin’s export focus has grown their presence in the Middle East and Asia, supported by certifications for quality and safety. Because finer particles allow for better integration in composites, Egamin’s offerings are increasingly adopted in innovative materials research.

Sustainability Initiatives:

• Recycling of processing byproducts
• Transition to electric vehicles in logistics
• Participation in industry forums on sustainable mineral sourcing

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3️⃣ 8. Ore-Met

Headquarters: Mumbai, India
Key Offering: Olivine sand for metallurgical flux and foundry sands in emerging markets

Ore-Met plays a vital role in India’s industrial minerals landscape, importing and processing olivine sand to serve the booming steel and automotive sectors. Their products help in desulfurization and as a slag former, improving efficiency in blast furnaces. With a network of distribution centers, Ore-Met ensures accessibility for small to medium enterprises.

The company’s adaptation to local regulations has positioned them well amid India’s push for self-reliance in materials. Furthermore, rising infrastructure projects drive demand, and Ore-Met responds with quality assurance programs.

Sustainability Initiatives:

• Promotion of low-emission steelmaking using olivine additives
• Tree-planting initiatives in partnership with local NGOs
• Audits for ethical sourcing and labor practices

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2️⃣ 9. LTC Minerals

Headquarters: Perth, Australia
Key Offering: Coarse olivine sand for mining and refractory applications in Asia-Pacific

LTC Minerals, an Australian firm, supplies robust olivine sand from regional sources, targeting heavy industries like mining equipment manufacturing and non-ferrous metallurgy. Their 30-100 mesh products excel in abrasive-resistant linings and as a cost-effective alternative in grinding media. Operating in a resource-rich environment, LTC emphasizes scalable production to meet fluctuating demands from China’s steel mills and Australian foundries.

Their strategic partnerships have enabled entry into Southeast Asian markets, where industrial growth is accelerating. Challenges like transportation costs are mitigated through bulk shipping innovations.

Sustainability Initiatives:

• Water recycling in washing processes
• Carbon footprint tracking for all shipments
• Support for indigenous communities near operations

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1️⃣ 10. Scangrit

Headquarters: Gothenburg, Sweden
Key Offering: Blasted olivine sand for surface preparation and refractory aggregates

Scangrit is a Swedish specialist in processed olivine, offering grit and sand for abrasive blasting and as aggregates in refractory bricks. Their eco-friendly abrasives provide effective cleaning without the hazards of silica-based alternatives, appealing to shipbuilding and construction sectors. With facilities in Scandinavia, Scangrit ensures high angularity and durability, meeting rigorous performance standards.

As regulations tighten on hazardous materials, Scangrit’s products gain traction. Their R&D into recycled olivine blends enhances circular economy contributions.

Sustainability Initiatives:

• Development of biodegradable blasting media
• Energy-efficient thermal processing
• Certification for low-dust formulations

Read Full Report: Olivine Sand Market – View in Detailed Research Report

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🌍 Outlook: The Future of Olivine Sand Is Sustainable and Versatile

The olivine sand market is undergoing a dynamic shift. While traditional applications in foundries and refractories still dominate, the industry is investing heavily in sustainable sourcing, advanced particle engineering, and emerging uses like environmental remediation and green construction materials.

This evolution is propelled by broader industrial trends toward reducing silica exposure and enhancing material efficiency. Companies are exploring olivine’s natural properties—such as its magnesium silicate composition—for roles in carbon dioxide absorption, where it reacts to form stable carbonates, aiding climate goals. Moreover, in metallurgy, olivine continues to optimize processes by improving slag fluidity and reducing energy needs, aligning with global decarbonization efforts.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in Europe and Asia for finer mesh productions
• Regulatory mandates for low-silica sands in occupational health standards
• Digital tools for supply chain transparency and traceability
• Alliances between miners and end-users for customized sustainable solutions

Read Full Report: Olivine Sand Market – View in Detailed Research Report

The companies listed above are not only supplying essential olivine sand—they’re spearheading the sustainable transformation of industrial processes worldwide.