Market Overview:
The global low strength proppants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for low strength proppants from various applications such as crude oil, cole-based methane and others. North America is expected to hold the largest share of the global low strength proppants market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest growth during the forecast period owing to increasing demand for unconventional resources in countries such as China and India.
Product Definition:
Low Strength Proppants are ceramic or resin-coated sand particles that are used to prop open fractures in oil and gas wells. These proppants are smaller and weaker than traditional proppants, which allows them to be more easily transported through the wellbore. Low Strength Proppants can also be used in tight formations where larger proppants would not be effective.
Conventional Proppant:
Conventional proppant is used in the manufacturing of low strength proppants. Low strength proppants are widely utilized in hydraulic fracturing and drilling operations as they help prevent shale rock from breaking up during the process. The growth factor for conventional prop is high, which leads to rapid expansion of fragmented pieces resulting into small sized particles with maximum surface area and volume.
Ultra-low Strength Proppant:
Ultra-low strength proppant is a type of low strength proppant that has an average particle size between 1 and 5 microns. The ultra-low strength proppants are used to reduce the overall compressive stress in the failure zones of pipelines, wells, storage tanks or any other structure. They are also used for providing stability to drilling platforms and preventing them from moving due to high vibrations or shocks.
Application Insights:
The crude oil segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing production of crude oil worldwide. Furthermore, growing demand for low strength proppant in this application from various companies including Corridor Energy Ltd., Oryx Petroleum, and Royalty Corporation is expected to drive the global industry growth over the next eight years.
Crude oil was followed by cole-based methane which accounted for a significant market share in 2017 owing to high production rates globally coupled with rising consumption patterns of CO2 emissions from petroleum operations are among major factors driving its demand globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in drilling activities owing to growing energy demand as well as government support for infrastructure development. China, India, Australia and New Zealand are some of the major countries that have witnessed significant growth in unconventional drilling activities over past few years.
North America accounted for a significant share of global revenue due to high penetration of hydraulic fracturing or fracking which has led to an increase in shale gas production across U.S.
Growth Factors:
- Increasing demand for low-strength proppants from the oil and gas industry as a result of the shale gas boom in North America
- Rising demand for low-strength proppants in China due to increasing exploration and production activities in unconventional plays
- Growing use of low-strength proppants by major integrated oil companies for hydraulic fracturing operations
- Proliferation of microseismic technology that is helping operators optimize well placement and improve production from tight formations
- Technological advancements that are resulting in the development of more efficient, lower cost low-strength proppants
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Strength Proppants Market Research Report
By Type
Conventional Proppant, Ultra-low Strength Proppant
By Application
Crude Oil, Cole-Based Methane, Others
By Companies
Black Mountain Sand LLC, Signal Peak Silica LLC, Hi-Crush Inc., Atlas Sand Company LLC, Superior Silica Sands LLC, U.S. Silica Holdings Inc., Carbo Ceramics Inc., Wisconsin Proppants LLC, Covia Holdings Corporation, High Roller Group, Badger Mining Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Low Strength Proppants Market Report Segments:
The global Low Strength Proppants market is segmented on the basis of:
Types
Conventional Proppant, Ultra-low Strength Proppant
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Crude Oil, Cole-Based Methane, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Black Mountain Sand LLC
- Signal Peak Silica LLC
- Hi-Crush Inc.
- Atlas Sand Company LLC
- Superior Silica Sands LLC
- U.S. Silica Holdings Inc.
- Carbo Ceramics Inc.
- Wisconsin Proppants LLC
- Covia Holdings Corporation
- High Roller Group
- Badger Mining Corporation
Highlights of The Low Strength Proppants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Proppant
- Ultra-low Strength Proppant
- By Application:
- Crude Oil
- Cole-Based Methane
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low Strength Proppants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low strength proppants are a type of propane-based explosive used in oil and gas wells. They are made from small pieces of plastic or metal that are injected into the well to help break up rock formations.
Some of the major players in the low strength proppants market are Black Mountain Sand LLC, Signal Peak Silica LLC, Hi-Crush Inc., Atlas Sand Company LLC, Superior Silica Sands LLC, U.S. Silica Holdings Inc., Carbo Ceramics Inc., Wisconsin Proppants LLC, Covia Holdings Corporation, High Roller Group, Badger Mining Corporation.
The low strength proppants market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Strength Proppants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low Strength Proppants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Strength Proppants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low Strength Proppants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low Strength Proppants Market Size & Forecast, 2020-2028
4.5.1 Low Strength Proppants Market Size and Y-o-Y Growth
4.5.2 Low Strength Proppants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Proppant
5.2.2 Ultra-low Strength Proppant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Crude Oil
6.2.2 Cole-Based Methane
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Strength Proppants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low Strength Proppants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Proppant
9.6.2 Ultra-low Strength Proppant
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Crude Oil
9.10.2 Cole-Based Methane
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Proppant
10.6.2 Ultra-low Strength Proppant
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Crude Oil
10.10.2 Cole-Based Methane
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Proppant
11.6.2 Ultra-low Strength Proppant
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Crude Oil
11.10.2 Cole-Based Methane
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Proppant
12.6.2 Ultra-low Strength Proppant
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Crude Oil
12.10.2 Cole-Based Methane
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Proppant
13.6.2 Ultra-low Strength Proppant
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Crude Oil
13.10.2 Cole-Based Methane
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low Strength Proppants Market: Competitive Dashboard
14.2 Global Low Strength Proppants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Black Mountain Sand LLC
14.3.2 Signal Peak Silica LLC
14.3.3 Hi-Crush Inc.
14.3.4 Atlas Sand Company LLC
14.3.5 Superior Silica Sands LLC
14.3.6 U.S. Silica Holdings Inc.
14.3.7 Carbo Ceramics Inc.
14.3.8 Wisconsin Proppants LLC
14.3.9 Covia Holdings Corporation
14.3.10 High Roller Group
14.3.11 Badger Mining Corporation
