The increasing demand for energy and unconventional gas are the key drivers, whereas the high logistics cost is inhibiting the fracking proppants market growth. The future growth lies in potential explorable reserves. At present, proppant market is in surplus, so demand for proppant market continues to plunge due to culmination activities between operators and reduced drilling.
The frac sand proppants is the leading segment accounting for around 86% of the market share, leaving resin-coated proppants and ceramic proppants with around 14%. Majority of manufacturers are using proppants products due to their low cost and abundant availability. In application segment shale gas segment is anticipated to move at faster pace owing to large unexplored shale gas reserves across the globe and usage of shale gas in various industries. North America accounted for the highest market share as compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period owing to huge amount of unexplored shale gas reserves in China, Australia, India and favourable government policies in this region is favouring the growth of fracking proppants market in this region.
Some of the key players in the market include Santrol, Unimin Corporation, Hi-Crush Partners LP, fores Ltd., Momentive Speciality Chemicals Inc., Carbo Ceramics, Yixing Orient Petroleum Proppant Co. Ltd, U.S. Silica Holdings Inc, Borovichi Refractories Plant, Mineracao Curimbaba Ltd, Preferred Sands, Cadre, Fairmount Santrol, Saint-Gobain, Canyon Technical Services, Halliburton and JSC Borovichi Refractories.
Request for a sample at
Scope of the Report:
• Resin-Coated Proppants
o Resin-Coated Sand
o Resin-Coated Ceramics
• Frac sand
• Coal Bed Methane
• Shale Gas
• Tight Gas
• Other Applications
o Shale Oil
o Tight Oil
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Follow us on Twitter:
About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
For more information, please visit Stratistics Market Research Consulting Pvt Ltd
Company Name: Stratistics Market Research Consulting
Contact Person: James Lamb
Country: United States