Proppant market size to reach USD 8509.3 million by 2026 at a CAGR of 3.9% during 2021-2026

The global Proppant market size is projected to reach US$ 8509.3 million by 2026, from US$ 6759.2 million in 2020, at a CAGR of 3.9% during 2021-2026.

Proppant is a solid material that is designed to keep a hydraulic fracture open during treatment. It is usually sand grain or a man-made proppant that includes high-strength ceramic materials like resin-coated sand. The materials should be chosen carefully as they should be permeable to gas so as to withstand the closure stresses and prop the fractures. Proppants can be sorted by their size and sphericity. They also provide a channel for production of fluid. Moreover, a suitable Proppant has a positive impact on the output rate of a well.
North America is estimated to be the largest market for proppants. The U.S. is expected to be the largest market for proppants in North America during the forecast period.

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Following are the segments covered by the report are:
Frac Sand Proppant
Resin-coated Proppant
Ceramic Proppant
By Application:
Coal Bed Methane
Shale Gas
Tight Gas
Other Applications
Shale Oil
LNG
Tight Oil

Key Players:
The Key manufacturers that are operating in the global Proppant market are:
Carbo Ceramics
Saint-Gobain
U.S. Silica Holdings
JSC Borovichi Refractories
Yixing Orient Petroleum Proppant
Mineração Curimbaba
China Gengsheng Minerals
Covia
Superior Silica Sands
Hi-Crush Partners
Hexion
Covia
Preferred Sands
Fores
Badger Mining Corporation (BMC)
Smart Sand
Mississippi Sand
Changqing Proppant
Yangquan Changqing Petroleum Proppant
Eagle Materials

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