Proppant Market Overview
As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Proppant Market” was USD 8.91 in 2022 and is expected to grow at a CAGR of 6.9 percent over the forecast period to reach USD 14.22 by 2029.
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Proppant Market Scope and Methodology
The bottom-up approach was used in the report to estimate the Proppant Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the Proppant market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Proppant market.
Proppant Market Regional Insights
Categorized broadly, the Proppant market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.
Proppant Market Segmentation
by Type
Frac Sand
Resin Coated Proppant
Ceramic Proppant
Frac Sand, Resin Coated Proppant, and Ceramic Proppant are the types into which the Proppant Market is divided. In 2022, 83% of the market was accounted for by the Frac Sand category. Its reduced cost in comparison to other types of proppant is primarily responsible for the category growth. One typical kind of proppant is frac sand. It’s a naturally occurring, highly pure sandstone proppant. Most frequently, a closure pressure of 6,000 psi is employed with these proppants. They might have a diameter as small as 0.1 millimetres or as large as 2 millimetres, depending on the fracking job. The expanding use of frac sand in exploration and production industries is anticipated to fuel the expansion of the proppant market.
by Application
Shale Gas
Tight Gas
Coalbedmethane
Others
by Ceramic
Proppant High Strength Ceramic Proppant
Intremediate Strength Ceramic Proppants
Light Weight Ceramic Proppant
Others
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Proppant Market Key Players
1. Superior Silica Sands LLC
2. Bagder Mining Corporation
3. Unimin Corporation
4. U.S. Silica Holdings Inc.
5. Fores
6. Preferred Sands
7. Saint-Gobain Proppants Inc.
8. CARBO Ceramics Inc.
9. Fairmount Santrol Holdings Inc.
10. Hi-Crush LP Partners
11. Momentive
12. Saint-Gobain
13. Momentive Speciality Chemicals Inc.
14. Borovichi Refractories Plant
15. Mineracao Curimbaba Ltda.
16. Yixing Orient Petroleum Proppant Co. Ltd
17. China Gengsheng Minerals, Inc.
18. Hexion Inc.
19. SmartSand, Inc.
20. ChangQing Proppant
21. Eagle Materials Inc.
22. Baker Hughes
Key questions answered in the Proppant Market are:
- What is Proppant ?
- What was the Proppant market size in 2022?
- What are the different segments of the Proppant Market?
- What growth strategies are the players considering to increase their presence in Proppant ?
- What are the upcoming industry applications and trends for the Proppant Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Proppant Market?
- Who are the key players in the Proppant market?
- What segments are covered in the Proppant Market?
- Who are the leading companies and what are their portfolios in Proppant Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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