Proppants Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Frac Sand, Resin Coated Frac Sand, Resin Coated Ceramic Proppants and High Strength Ceramic Proppants), By Application (Shale gas, Coalbed Methane, Tight Gas, Tight Oil, Deep Gas, Others), By Region and By Competition 2018-2028

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Proppants Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Frac Sand, Resin Coated Frac Sand, Resin Coated Ceramic Proppants and High Strength Ceramic Proppants), By Application (Shale gas, Coalbed Methane, Tight Gas, Tight Oil, Deep Gas, Others), By Region and By Competition 2018-2028

Global Proppant Market was valued at USD 7989.16 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.46%, owing to a rapidly increasing mining activities through hydraulic fracking.

Proppant is a persistent material with consistently equal-sized particles used with fracturing fluid during the hydraulic fracturing (fracking) process to hold cracks created in the earth to extract oil and gases. Proppants come in a wide range of varieties, including both man-made and naturally occurring proppants. The sand coated in resin or sturdy ceramic materials is an example of man-made proppants. Proppants are found at in a wide range of sizes and shapes, such as spherical and cylindrical, for a wide range of applications like coalbed methane, shale gas, tight gas, tight oil, deep gas, and others.

Rising Mining Activities through Hydraulic Fracking to Drive Market Growth

Increasing Demand of Natural Gases is Helping in Driving Global Proppant Market

Rising Demand from Growing Economies

Improvement in Fracturing Technology

Market Segmentation

Company Profiles

Attribute

Details

Market size value in 2022

USD 7989.17 Million

Revenue Forecast in 2028

USD 13485.4 Million

Growth Rate

8.46%

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Type

Application

Region

Regional Scope

North America , Asia Pacific , South America, Middle East & Africa & Europe

Key Companies Profiled

US Silica Holdings Inc., Compagnie de Saint-Gobain S.A., Smart Sand Inc., Badger Mining Corporation, Xinmi Wanli Industry Development Co., Ltd., Petro Welt Technologies AG, Mineração Curimbaba Ltda, Vikas Proppant & Granite Limited, Nika Petro Tech, JSC Borovichi Refractories Plant

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