Press release
Ceramic Proppants Market is Booming Worldwide | Carbo Ceramics, Saint-Gobain, U.S. Silica Holdings
Proppants or ceramic proppants produced in engineered proppants plants are sand-like materials that are used in the fracking and hydraulic fracturing stage of oil & gas production or extraction. They are used for fracking with various oil & gas resources such as shale gas, tight oil, and coal bed methane.Some of the key players profiled in the Proppants Market include Carbo Ceramics Inc., Saint-Gobain Proppants Inc., U.S. Silica Holdings, Inc. , Borovichi Refractories Plant, Yixing Orient Petroleum Proppant Co., Ltd., Mineração Curimbaba Ltda., China GengSheng Minerals, Inc., Fairmount Santrol Holdings Inc., Superior Silica Sands LLC, Hi-Crush Inc., Hexion Inc., Unimin Corporation, Preferred Sands LLC, Fores Ltd. and Badger Mining Corporation (BMC).
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The report covers a forecast and an analysis of the Proppants Market on a global and regional level. The study provides historical data for 2019, 2020, 2021 and 2025 along with a forecast from 2020 to 2028 based on revenue. The survey with Worldwide Proppants investors & stakeholders in this sector, from APAC, EMEA and the Americas, reveals information such as large-scale projects with regulatory environments by country, Subsidies, tax incentives and direct investment.
Full Report Summary of Proppants Market @ https://www.strategymrc.com/report/proppants-market
The Global Proppants Market is majorly driven by 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. The frac sand segment is growing at a highest CAGR as they are the preferred proppants at times when the oil prices declines and exploration & production (E&P) operators have to reduce their production cost. North America dominated with a significant market share due to the factors such as large number of hydraulic fracturing applications in the region. Asia Pacific market is growing at a highest CAGR owing to the development of shale gas and demand for natural gas in the region.
Types Covered:
• Frac Sand
• Resin-Coated Proppants
• Ceramic Proppants
Ceramic Proppants Covered:
• High Strength Ceramic Proppants
• Intermediate Strength Ceramic Proppants
• Light Weight Ceramic Proppants
• Other Ceramic Proppants
Applications Covered:
• Shale Gas
• Tight Gas
• Coalbed Methane
• Other Applications
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