• Contact Us
  • IND: (+91) 40-485-49062
  • USA: (+1) 614-588-8538

Proppants Market Growth Spurred by Growing Demand for Energy

Published By: IndustryARC Published On : 29-May-2019

Increasing need of frac sand for extraction of petroleum fluids, rising usage of ceramic and resin coated proppants to enhance productivity of wells, advancements in proppants fracking technology, growing demand for energy, and perpetual requirement of oil and gas are the factors driving the global demand for proppants, as per the newly collated market research report by IndustryARC. According to the report, the global proppants market was valued at $8.1 billion in 2018 and is projected to grow at a compound annual growth rate (CAGR) of 7.10% during the forecast period 2019-2025.

The report is titled “

Proppants Market: By Product (Sand, Resin Coated, Ceramic); By Application (Shale Gas, Tight Oil, Coal Bed Methane, Others); & By Geography - Forecast (2019-2025)

.” It explains in detail the indispensable aspects of the market including market drivers, market value chain, restraints, growth indicators, market trends, challenges, future outlook, and market insights.

Proppants Market: Leading Segments

North America held 71% of the global proppants market  share in in 2018. Increasing material loading levels, presence of enormous shale gas reserves, growing number of aging fields, commercial extraction of unconventional gases, large number of oil extraction companies, new investments in proppants plants, introduction of longer laterals, and moderate recovery of oil prices are some of the key factors propelling the growth of the North America proppants market.

Proppants are classified into resin-coated, ceramic, and frac sand materials. Furthermore, proppants are classified based on their application into shale gas, tight gas, and coal bed methane. Frac sand it the most widely used category in the proppants market owing to its efficiency, low cost, easy availability, and broad applications. The frac sand segment is estimated to continue its dominance by growing at an outstanding CAGR of 54% through 2025.

Proppants Market Disruptive Trends

·         

Improvements in Hydraulic Fracturing Technology:

New technologies aim to lower maintenance cost and reduce carbon footprints. The oil and gas industry’s desire to spur production of unconventional resources are driving the evolution of hydraulic fracturing technologies. The development of fracking technology has led to the usage of proppants, eventually increasing the demand in the proppants market.

·         

Horizontal multistage fracturing technique:

One of the major factors spurring the growth of the proppants market is the development of horizontal multistage fracturing technique. This technique has led to the increasingly active use of unconventional resources, further propelling the usage of proppants in the oil and gas industry.

 

Proppants Market: Competitive Landscape

Momentive, Fores, Borovichi Refractories Plant, Unimin Corporation, Saint Gobain, U.S. Silica Holdings, Carbo Ceramics, Cadre, Hi crush LP Partners, Badger Mining Corporation, and Mineracao Curimbaba Ltd are some of the major players in the proppants market.

 

Talk to one of our sales representatives about the full report by providing your details in the link below:

https://industryarc.com/support.php?id= 16202

 

Related Reports:

A.

    

Hydraulic Fracturing & Services Market

https://industryarc.com/Report/74/Global-hydraulic-fracturing-services-market-analysis-forecast.html

B.

     

Hydraulic Fracturing & Services Market

https://industryarc.com/Report/74/Global-hydraulic-fracturing-services-market-analysis-forecast.html

 

What can you expect from the report?

The proppants

 

market is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories & Application            11. Demand Analysis (Revenue &                                                                                                      Volume)

2. Market trends & Relevant Market Data                            12. Country level Analysis

3. Manufacturer Landscape                                                   13. Competitor Analysis

4. Distributor Landscape                                                       14. Market Shares Analysis

5. Pricing Analysis                                                                 15. Value Chain Analysis

6. Top 10 End user Analysis                                                  16. Supply Chain Analysis

7. Product Benchmarking                                                      17. Strategic Analysis

8. Product Developments                                                      18. Current & Future Market Landscape                                                                                                         Analysis

9. Mergers & Acquisition Analysis                                         19. Opportunity Analysis

10. Patent Analysis                                                                  20. Revenue and Volume Analysis

 

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?

Response

: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. Increase the level of data in application or end user industry.

2. Increase the number of countries in geography chapter.

3. Find out market shares for other smaller companies or companies which are of interest to you.

4. Company profiles can be requested based on your interest.

5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

 

Any other custom requirements can be discussed with our team. Drop an e-mail to [email protected]  to learn more about our consulting services.

 

To request for a quote, provide your details in the link below:

https://industryarc.com/reports/request-quote?id=16202

 

Media Contact:

Mr. Venkat Reddy

Sales Manager          

Email 1: [email protected]

Or Email 2: [email protected]

Contact Sales: +1-614-588-8538 (Ext-101)

 

About IndustryARC

: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life Sciences and Healthcare. 

Request for Sample

News letter

Type your email below and receive our daily news and updates for free

Need Assistance?

If you have any questions, please contact.

Call Us

(U.S. - Canada toll free)
+1-614-588-8538

Write to Us

(Please send an Email)
[email protected]