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Global Fracking Proppants Market report, market size, share, trends, analysis and forecast to 2028
Description:
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.
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By geography, Europe is projected to hold the largest market share during the forecast period, owing to the high-rise of hydraulic fracking in the province. Hydraulic fracking involves the use of proppants for the extraction of energy sources such as shale gas and tight gas. Furthermore, the rising demand for unconventional energy sources due to their several advantages over conventional sources in terms of pollution has led to the rise in hydraulic fracking along with horizontal drilling in the province. This has led to a rise in regional demand.
Some of the key players profiled in the Fracking Proppants Market includeYixing Orient Petroleum Proppant Co. Ltd, Unimin Corporation, U.S. Silica, Saint-Gobain, Preferred Sands, COVIA, Mineracao Curimbaba Ltd, Hi crush LP Partners, Fores Ltd, Fairmount Santrol, Carbo Ceramic, Baker Hughes, Atlas Resin Proppants LP, COVIA.
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All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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