Proppant Market by Type (FRAC Sand Proppant, Resin–Coated Proppant, and Ceramic), by Application (Shale Gas, Tight Gas, Coal-Bed Methane), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast (2020 to 2027)

Proppant Market: Summary

The Global Proppant Market is projected to reach a value of over USD 12 billion by 2027 at a CAGR of around 4.3%.

Proppant is a sand material, which helps to keep hydraulic fracturing open during hydraulic fracturing treatment. It is used to close the fractures in bore well process. When the liquid mix of proppant, chemicals, and water is propelled into a well, the sudden impact opens fractures in the rock. If nothing is used to hold these fractures open, they’ll close, and the number of hydrocarbons that can escape will be far lower. There are different types of proppants used in hydraulic fractures such as frac sand, resin-coated, and ceramic.

Proppant Market

Proppant Market: Drivers & Opportunities

Market Driver:

  • Growing Demand for FRAC Sand Proppant

FRAC sand proppant is widely used proppant for hydraulic fracturing owing to it is made out of highly pure and durable quartz sand with round grains. It is majorly made out of sandstone, having a size range from 0.1 millimetres to 2 millimetres in diameter, depending on the requirement of the fracturing job. It is widely used proppant among the others in the oil and natural gas wells due to its efficiency, low cost, and availability. With the increasing hydraulic fracturing activities, the demand for FRAC sand is projected to increase due to the low-cost and abundant availability is expected to drive the global proppant market.

Market Opportunities:

  • Unconventional Oil and Gas Reserves

Since the last few years, the demand for oil and gas is gradually increased from countries such as the US, Canada, China, India, Russia and many other countries. Limited availability of conventional oil and gas along with the high level of carbon emission has led to the growth in the production of unconventional oil and gas such as shale oil & gas, tight oil & gas, and coal bed methane. Countries such as Brazil, Algeria, Mexico, South Africa, Argentina, and Australia are expected to have large proven reserves of unconventional oil and gas which will significantly increase the demand for proppant in the near future. Thus, unconventional oil & gas reserves have expected to create a new market opportunity for key players in the proppant market.

Proppant Market: Key Segments

  • Segmentation based on type: FRAC Sand Proppant, Resin–Coated Proppant, and Ceramic
  • Segmentation based on application: Shale Gas, Tight Gas, Coal-Bed Methane, and Others
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Proppant Market: Report Scope

The report on the Proppant market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million) and Volume (Kiloton)

Segments Included

Type, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • CARBO Ceramics Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • U.S. Silica
  • Fairmount Santrol
  • Hi-Crush Inc
  • Mineração Curimbaba
  • Hexion
  • Saint-Gobain
  • Fores LTD
  • Preferred Sands
  • Joint Sock Company Borovichi Refractories Plant
  • Covia Holdings Corporation.
  • Superior Silica Sands
  • Badger Mining Corporation
  • SmartSand, Inc.
  • MS Industries II, LLC
  • IMERYS
  • Nika PetroTech
  • Other Key Companies

Proppant Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Proppant Market, by Type

  • FRAC Sand Proppant
  • Resin-Coated Proppant
  • Ceramic Proppant
    • Low Density Ceramic Proppant
    • Intermediate Density Ceramic Proppant
    • High Density Ceramic Proppant

Proppant Market, by Application

  • Shale Gas
  • Tight Gas
  • Coal-Bed Methane
  • Others
    • LNG
    • Shale Oil
    • Tight Oil

Proppant Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Proppant Market Providers
  • Proppant Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Proppant Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE PROPPANT MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Development in Fracturing Technology and New Drilling Techniques
      2. Growing Demand for FRAC Sand Proppant
    3. Restraint
      1. High Cost of Ceramic Proppant
    4. Opportunities
      1. Unconventional Oil and Gas Reserves
    5. Challenges
      1. Water Availability and Contamination Concerns
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL PROPPANT MARKET BY TYPE, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. FRAC Sand Proppant
    3. Resin–Coated Proppant
    4. Ceramic Proppant
      1. Low Density Ceramic Proppant
      2. Intermediate Density Ceramic Proppant
      3. High Density Ceramic Proppant
  3. GLOBAL PROPPANT MARKET BY APPLICATION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Shale Gas
    3. Tight Gas
    4. Coal-Bed Methane
    5. Others
      1. LNG
      2. Shale Oil
      3. Tight Oil
  4. GLOBAL PROPPANT MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  5. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  6. COMPANY PROFILES
    1. CARBO Ceramics Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. U.S. Silica
    3. Fairmount Santrol
    4. Hi-Crush Inc
    5. Mineração Curimbaba
    6. Hexion
    7. Saint-Gobain
    8. Fores LTD
    9. Preferred Sands
    10. Joint Sock Company Borovichi Refractories Plant
    11. Covia Holdings Corporation.
    12. Superior Silica Sands
    13. Badger Mining Corporation
    14. SmartSand, Inc.
    15. MS Industries II, LLC
    16. IMERYS
    17. Nika PetroTech
    18. Other Key Companies
  7. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : CM 0158

Published : September, 2020


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