Proppant Market delivers a succinct analysis of industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and the latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
The Global Proppant Market 2019 research provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Global Proppant market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The global Proppant market was valued at xx million US$ in 2019 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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Scope of The Report:
The global proppant market has seen a good amount of growth in the last few years and is also expected to see a huge amount of growth in the coming years. The reason for this expansion is the use in the hydraulic fracturing which is keeping the fractures open and is importing high levels of permeability to the unconventional plays has been expected to fuel the global proppant market growth.
The global proppant market has been segmented as per the product and application. In terms of product, sand has been the largest segment as it is accounting for the single largest market share. The lower costs and higher availability of sand has been propelling this market in comparison to the other markets in the period of forecast. The ceramic proppants have been expected at witnessing the quick rise in the demand because of the growth in consumption in the shale plays as they are imparting higher resistance to being crushed and strength as well as conductivity.
In terms of application, the proppants have found their use in the hydraulic fracture for a lot of the application segments such as tight gas, shale gas, coal bed and the others like LNG, tight oil and shale oil. The growth in the application scope of the proppant in the extraction because of their usage in the generation of transportation and power has been expected to drive the growth of this market in the period of forecast.
Key Players in the Proppant Market Report
Few of the major players in the global proppant market are U.S. Silica, Carbo Ceramics, Hi-Crush LO, Saint-Gobain, Fores, Momentiv and Preferred sands. A lot of the players are in the region of Asia Pacific with the region showing growth.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Strength And Conductivity Of Proppants Is Leading Market Growth
The rise in popularity of the proppant can be attributed to their properties of being strong and conductive and also be resistance to crushing have been driving the market in their growth. The problems in the global proppant market arise because of the hazardous impact on the environment and governments are now making sure that they find a way of controlling this kind of impact and there is also a factor of higher cost of transportation which is impacting the global proppant market negatively.
The proppants which are eco-friendly though are going to be driving the global proppant market in the future and that is also an important factor in the growth of these markets. The larger reserves which are recoverable technically with the increasing consumption of the material per every well has been creating the demand for proppants. Further, introducing the multi-stage fracture is resulting in the increase of the fracturing stages and has been expected to propel the consumption of this market in the coming years.
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North America is expected to be the biggest regional market
North America has turned out to be a leader in the market and is expected to be seeing a good amount of growth and this is because of the drilling activities which are taking place in the region of Canada and Untied States for the shale plays. Asia Pacific is also expected to see a good amount of growth as it is rich in the natural resources and there is a presence of a lot of gas reserves and the fracturing projects are there in the regions of Australia and China and further potential in the projects of India. Governments of India and China have also been keen on the projects which develop the global proppant market.
Proppant Key Market Segments:
By Product Type:
By Regional & Country Analysis:
Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Proppant Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Proppant Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Proppant Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Global Proppant Market Overview: Quantitative Analysis
3.1. Global Proppant Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2025
3.2. Global Proppant Market Revenue Market Share (%), 2014- 2025
3.3. Global Proppant Market Sales (Number of Units), Market Share (%) and Growth Rate (%), 2014- 2025
3.4. Global Proppant Market Sales Market Share (%), 2014- 2025
4. Chapter – Global Proppant Market Analysis: Segmentation By Type
5. Chapter – Global Proppant Market Analysis: Segmentation By Application
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