Proppant Market to reach USD 14.23 Bn by 2029, emerging at a CAGR of 6.9 percent and forecast (2022-2029)

Proppant Market Report Scope and Research Methodology

The Proppant Market report provides comprehensive insights based on a rigorous research methodology. Primary research, including interviews with industry experts and key stakeholders, was conducted to gather qualitative and quantitative data. Secondary research involved an extensive analysis of reputable sources, such as company websites, annual reports, and industry journals. The gathered data was thoroughly analyzed to derive accurate market trends, growth drivers, and challenges.

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What are Proppant Market Dynamics?

The combination of horizontal drilling and multistage fracturing technology has revolutionized the global oil and gas production landscape, driving the demand for proppants. Exploration and production companies are increasing their sand consumption per horizontal well, leading to higher demand for proppants. The development of technologies favoring the use of natural sand or frac sand, which reduces raw material costs, has further propelled market growth.

The prevalence of hydraulic fracturing in 95% of wells drilled, particularly in the United States, reflects the thriving hydraulic fracturing business. Service providers require proppants to keep induced hydraulic fractures open during the process. The ongoing expansion of exploration and production activities contributes to the rising demand for proppants in the hydraulic fracturing industry.

Ceramic proppants, known for their superior strength and crush resistance compared to frac sand, come at a higher cost due to their complex manufacturing process. This cost disparity has limited their usage to wells with lower closure stresses, impacting their market potential.

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What is Proppant Market Segmentation?

by Type
• Frac Sand
• Resin Coated Proppant
• Ceramic Proppant

by Application
• Shale Gas
• Tight Gas
• Coalbedmethane
• Others

by Ceramic Proppant
• High Strength Ceramic Proppant
• Intremediate Strength Ceramic Proppants
• Light Weight Ceramic Proppant
• Others

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Who are Proppant Market Key Players?

• Superior Silica Sands LLC
• Bagder Mining Corporation
• Unimin Corporation
• U.S. Silica Holdings Inc.
• Fores
• Preferred Sands
• Saint-Gobain Proppants Inc.
• CARBO Ceramics Inc.
• Fairmount Santrol Holdings Inc.
• Hi-Crush LP Partners
• Momentive
• Saint-Gobain
• Momentive Speciality Chemicals Inc.
• Borovichi Refractories Plant
• Mineracao Curimbaba Ltda.
• Yixing Orient Petroleum Proppant Co. Ltd
• China Gengsheng Minerals, Inc.
• Hexion Inc.
• SmartSand, Inc.
• ChangQing Proppant
• Eagle Materials Inc.
• Baker Hughes

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Table of content for the Proppant Market includes:

1. Global Proppant Market: Research Methodology

2. Global Proppant Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Proppant Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Proppant Market Segmentation

• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Ceramic Proppant (2021-2029)

5. Regional Proppant Market (2021-2029)

• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Ceramic Proppant (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

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Regional Insights:

The Proppant Market exhibits regional variations, with different factors driving market growth in each region. The Asia Pacific region accounted for the largest market share (35%) in 2021 and is expected to grow at a steady CAGR during the forecast period. The region's demand for hydraulic fracturing in unconventional natural gas and oil development, particularly in China, fuels market growth.

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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