Press release
Fracking Proppants Market is expected to reach USD 265.81 Billion in 2026, with a CAGR of 15.5% | Global Key Players - Baker Hughes, Saint-Gobain, Mineracao Curimbaba, Momentive, Fairmount Santrol, Carbo Ceramic, Preferred Sands
Fracking Proppants Market
Overview of the Global Fracking Proppants Market:
The Global Fracking Proppants Market is accounted for $72.35 Billion in 2017 and is expected to reach $265.81 Billion by 2026 growing at a CAGR of 15.5% during the forecast period. Growing demand for energy and changing focus towards unconventional gas are some of the key factors propelling the market growth. However, high cost of ceramic proppant and contamination concerns are inhibiting the market growth.
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Fracking proppant is a hard material used to seize open cracks in the wellbore which are generated by the procedure of hydraulic fracturing, providing a conduit for hydrocarbons to access the wellbore. Hydraulic fracturing involves the usage of a fluid mixture consisting of one or more additives, typically water as a base fluid and a proppant such as sand. The mixture is pumped into a well under pressure with the help of pumps at the surface to bring fractures in the target zone or the geological development.
On the basis of product, frac sand segment witnessed steady growth. Factors such as easy availability and low cost are favoring the growth of this segment.
Based on geography, North America is anticipated to dominate the global market during the forecast period due to increasing hydraulic fracturing applications in the United States, especially for shale gas and tight oil purposes, which had a positive impact on the demand for proppants.
A complete analysis of the competitive landscape of the Global Fracking Proppants Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Fracking Proppants Market players.
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Major Key Players:
1 Baker Hughes
2 Saint-Gobain
3 Mineracao Curimbaba Ltd
4 Momentive
5 Fairmount Santrol
6 Carbo Ceramic
7 Unimin Corporation
8 U.S. Silica
9 Preferred Sands and More………………
Market Segment by Fracturing Technologies:
1 Natural Induced Hydraulic Fracturing
2 Polylactic Acid Base Fiber Technology
3 Induced Hydraulic Fracturing
Market Segment by Products:
1 Resin Coated Proppants
2 Ceramic Proppants
3 Frac Sand
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
3 Which are the leading market products, applications & regions and how will they perform by 2026?
4 What are the technologies & innovation trends, how will they evolve by 2026?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Fracking Proppants Market.
Table of Contents:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Fracking Proppants Market, By Fracturing Technology
6 Global Fracking Proppants Market, By Product
7 Global Fracking Proppants Market, By Application
8 Global Fracking Proppants Market, By Geography
9 Key Developments
10 Company Profiling
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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