openPR Logo
Press release

Proppants Market worth $12.1 billion by 2025 | Key players operating in the market include Carbo Ceramics, COVIA, JSC Borovichi Refractories Plant, U.S. Silica Holdings, Hi-Crush

07-14-2021 10:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Proppant Market, Proppant Industry, COVID 19 impact on Proppant Market

Proppant Market, Proppant Industry, COVID 19 impact on Proppant Market

According to recent market research "Proppants Market by Type(Frac Sand, Resin-Coated Proppant, Ceramic Proppant), Application (Shale Gas, Tight Gas, Coalbedmethane & Others) and Region - Global Forecast to 2025", The proppants market is estimated to be USD 7.8 billion in 2020 and is projected to reach USD 12.1 billion by 2025, at a CAGR of 9.1% between 2020 to 2025. The improvements in fracturing technology and new drilling techniques, increasing proppants consumption per well, innovation in proppants technologies and the growing natural gas demand to ensure energy security is driving the proppants market during the forecast period.

Browse 114 market data Tables and 53 Figures spread through 166 Pages and in-depth TOC on "Proppants Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/proppant-market-802.html

Frac sand is a widely used proppant. It is a naturally occurring proppant made from high purity sandstone. These proppants are mostly applicable under closure pressure of 6,000 psi. US is the largest proppants market in the world and holds a significant share in the global market. In the US proppants market, frac sand is estimated to hold a major share, making frac sand to be the largest type in the proppants market.

Shale gas is natural gas that is trapped in shale formations. Shales are fine-grained sedimentary rocks from which petroleum and natural gas are extracted. Hydraulic fracturing and horizontal drilling are used to extract shale gas from its reserves. The production of shale gas has rejuvenated the natural gas industry in the US and across the world. Proppant is widely used for the extraction of shale gas.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=802

The proppants market is estimated to be USD 7.8 billion in 2020 and is projected to reach USD 12.1 billion by 2025, at a CAGR of 9.1% between 2020 to 2025. The improvements in fracturing technology and new drilling techniques, increasing proppants consumption per well, innovation ni proppants technologies and the growing natural gas demand to ensure energy security is driving the proppants market during the forecast period.

Proppants is treated sand or engineered ceramic material, which is used to keep fractures propped open after the fracturing treatment. Different types of proppants have different mechanical strengths to withstand high closure pressures ranging from 6,000 psi to 20,000 psi. Proppants are injected into the wellbore along with water and additives with high-pressure intensity to make the fractures. They need to be permeable to gas under high pressure. Large mesh proppants have a greater permeability at low closure stresses, whereas small mesh proppants have greater permeability at high closure stresses. Proppants used in hydraulic fracturing have a direct impact on the cost of the oil & gas production output. The Proppants selection depends on the reservoir type, closure stress, depth, and stages of fracturing.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=802

The major industry players are adopting strategies such as, expansions, and acquisitions to expand their global presence and increase their footprint in North America.The leading players in the market are Carbo Ceramics Inc. (US), COVIA (US, JSC Borovichi Refractories Plant (Russia), U.S. Silica Holdings Inc. (US), Hi-Crush Inc. (US), Mineração Curimbaba (Brazil), Xinmi Wanli Industry Development Co., Ltd. (China), Atlas Sand Company, Llc (US), and HEXION (US).

In 2020, the proppants market declined by 27% in terms of volume, which was due to the oil price crash triggered by the COVID-19 pandemic. The unprecedented demand shock in the oil industry in 2020 led to a historic drop in the oil prices, as governments around the world closed down businesses, issued stay-at home mandates, and restricted travel. The proppants demand is estimated to recover in 2021 with the average oil price in 2021 expected to be above 50 USD/bbl.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/proppant.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/proppant-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Proppants Market worth $12.1 billion by 2025 | Key players operating in the market include Carbo Ceramics, COVIA, JSC Borovichi Refractories Plant, U.S. Silica Holdings, Hi-Crush here

News-ID: 2328018 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Proppant

Proppant Market Outlook: Growth, Share, Value, Trends, and Analysis
Proppant Market Size And Forecast by 2029 The Fracturing Sand Market is undergoing significant transformation, driven by technological advancements, shifting consumer preferences, and increasing industry investments. According to top market research companies, the Hydraulic Fracturing Proppants Market is witnessing rapid growth as businesses prioritize innovation and efficiency. Companies in the Resin-Coated Sand Market are focusing on data-driven strategies, digitalization, and automation to enhance productivity and meet rising demand. The Oilfield
Proppant Market Trends and Future Opportunities 2025-2034
A newly published report by Exactitude Consultancy on the "Proppant Market 2025" offers a detailed overview of the industry, featuring insights into competitive landscapes and market segments. The report incorporates graphs, tables, and charts to present data in a user-friendly format, making it easy to analyze and compare figures. Serving as a central source of market information, the research highlights key challenges and future growth opportunities. Additionally, the study includes
Global Proppant Market - Analysis and Forecast (2025-2030)
Market Overview: The latest report published by VynZ Research, Global Proppant Market - Analysis and Forecast (2025-2030), offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. Global Proppant Market is widely used in cold bed methane and hydraulic fracturing. The increasing demand for proppants and progressions in fracturing technologies are the main factors
Global Ceramic Proppant Market Analysis by 2020-2025
Scope of the Report: The global Ceramic Proppant market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 1.4%% in the forecast period of 2020 to 2025 and will expected to reach USD 26350 million by 2025, from USD 24950 million in 2019. Market segmentation Ceramic Proppant market is split by Type and by Application. For the period 2015-2025, the growth among segments
"Global Proppant Market". | Market for Huge Growth !!
Data Bridge market Research has released a new report on Global Proppant Market which incorporates a thorough assessment of overall Global Proppant Market The report provides a detailed competitive analysis which includes the profiles of key market players and organizations and their working strategies. The report consists of essential data and information about the concerned Global Proppant Market. For better understanding complex Global Proppant Market data is segmented
Global Proppant Market | Global Proppant Market Set for Phenomenal Growth !!
Data Bridge market Research has released a new report Global Proppant Market Which incorporates a thorough assessment of overall Global Proppant Market? The report provides a detailed competitive analysis which includes the profiles of key market players and organizations and their working strategies. The report consists of essential data and information about Global Proppant Market For better understanding complex Global Proppant Market data is segmented on the basis of applications, end-clients, and types