Market Overview:
The global proppant market is expected to grow from USD 9.5 billion in 2018 to USD 17.8 billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the global proppant market can be attributed to the increasing demand for unconventional resources such as shale gas and shale oil across the globe. Based on type, the global proppant market is segmented into frac sand proppant, resin-coated proppant, and ceramic proppant. The frac sand proppant segment is projected to lead the global ProPPANT Market during the forecast period owing to its high demand in North America for fracturing fluids used in shale gas and tight oil production wells. Based on application, the global ProPPANT Market is segmented into coal bed methane (CBM), shale gas, tight gas, tight oil, shale oil LNG (liquefied natural gas), and other applications).
Product Definition:
A proppant is a material that is used to keep a fracture or wellbore open. It is usually a sand, sintered bauxite, ceramic, or resin-coated sand.
Frac Sand Proppant:
The global fracture sand proppant market size was valued at USD 1.10 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for these products from oil & gas, construction, mining & metals, and other industries is anticipated to drive growth over the coming years.
Resin-coated Proppant:
Resin-coated proppant is a type of proppant used in the formulation of cement. It has a coating of solid resin which acts as an adhesive to hold the sand particles together. The product finds application in both water and dry cements, wherein it helps in improving durability and strength by reducing permeability and increasing compressive resistance.
Application Insights:
Coal bed methane application led the global proppant market in 2017, owing to its usage in a coal preparation plant for efficient gas utilization. Furthermore, increasing demand for coal bed methane across Asia Pacific and Middle East & Africa is expected to augment the product demand over the forecast period.
Shale oil extraction process involves high-pressure hydraulic drilling that extracts liquid petroleum shale from beneath the earth's surface. The extracted shale oil requires a processing technique known as visbreaking units before it can be used by refineries for energy generation or transportation purposes. In recent years, there has been an increase in shale oil exploration activities across various regions due to its low cost of production and good fuel quality; these factors are anticipated to boost proppant consumption during 2018-2030 period.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing hydraulic fracturing activities for shale gas and tight oil recovery as well as development of unconventional sources such as coal bed methane and shale gas across Canada, Mexico, and U.S.
The Asia Pacific regional market is anticipated to grow at a lucrative rate during the forecast period from 2018 to 2030 due to rising demand for natural resources coupled with government support for infrastructure development through public-private partnerships (PPP). In addition, growing energy needs along with rapid economic growth has led Asian countries including China, India, Indonesia Malaysia Thailand Vietnam Pakistan & Bangladesh are focusing on developing domestic production capacities thereby driving proppant demand across this region. Moreover high investments by foreign companies such as ExxonMobil Corporation; Shell Oil Company; Total SA; ConocoPhillips Co.; Chevron U S A Inc.
Growth Factors:
- Increasing demand for proppant in the oil and gas industry as a result of increasing exploration and production activities across the globe.
- Rising investments in hydraulic fracturing to unlock unconventional reserves of oil and gas
- Proliferation of shale gas development in North America
- Growing demand for proppant from China and other Asian countries as they move towards energy independence
- Technological advancements that have led to increased use of proppants, such as sand, ceramic beads, resin-coated sand etc., for hydraulic fracturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Proppant Market Research Report
By Type
Frac Sand Proppant, Resin-coated Proppant, Ceramic Proppant
By Application
Coal Bed Methane, Shale Gas, Tight Gas, Tight Oil, Shale Oil, LNG, Other Applications
By Companies
Carbo Ceramics, Saint-Gobain, U.S. Silica Holdings, JSC Borovichi Refractories, Yixing Orient Petroleum Proppant, Mineração Curimbaba, China Gengsheng Minerals, Covia, Superior Silica Sands, Hi-Crush Partners, Carbo Ceramics, Covia, Preferred Sands, Fores, Badger Mining Corporation (BMC), Smart Sand, Mississippi Sand, Changqing Proppant, Yangquan Changqing Petroleum Proppant, Eagle Materials
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Proppant Market Report Segments:
The global Proppant market is segmented on the basis of:
Types
Frac Sand Proppant, Resin-coated Proppant, Ceramic 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
Coal Bed Methane, Shale Gas, Tight Gas, Tight Oil, Shale Oil, LNG, Other Applications
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:
- Carbo Ceramics
- Saint-Gobain
- U.S. Silica Holdings
- JSC Borovichi Refractories
- Yixing Orient Petroleum Proppant
- Mineração Curimbaba
- China Gengsheng Minerals
- Covia
- Superior Silica Sands
- Hi-Crush Partners
- Carbo Ceramics
- Covia
- Preferred Sands
- Fores
- Badger Mining Corporation (BMC)
- Smart Sand
- Mississippi Sand
- Changqing Proppant
- Yangquan Changqing Petroleum Proppant
- Eagle Materials
Highlights of The Proppant 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:
- Frac Sand Proppant
- Resin-coated Proppant
- Ceramic Proppant
- By Application:
- Coal Bed Methane
- Shale Gas
- Tight Gas
- Tight Oil
- Shale Oil
- LNG
- Other Applications
- 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 Proppant 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.
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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?
Proppant is a type of sand or gravel that is used to prop open fractures in rock formations during drilling and mining. Proppant helps keep the drill bit from hitting rocks and makes it easier for miners to extract coal, oil, or other minerals from the ground.
Some of the major players in the proppant market are Carbo Ceramics, Saint-Gobain, U.S. Silica Holdings, JSC Borovichi Refractories, Yixing Orient Petroleum Proppant, Minera§£o Curimbaba, China Gengsheng Minerals, Covia, Superior Silica Sands, Hi-Crush Partners, Carbo Ceramics, Covia, Preferred Sands, Fores, Badger Mining Corporation (BMC), Smart Sand, Mississippi Sand, Changqing Proppant, Yangquan Changqing Petroleum Proppant, Eagle Materials.
The proppant market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Proppant 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 Proppant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Proppant 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 Proppant 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 Proppant Market Size & Forecast, 2018-2028
4.5.1 Proppant Market Size and Y-o-Y Growth
4.5.2 Proppant Market Absolute $ Opportunity
Chapter 5 Global Proppant 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 Proppant Market Size Forecast by Type
5.2.1 Frac Sand Proppant
5.2.2 Resin-coated Proppant
5.2.3 Ceramic Proppant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Proppant 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 Proppant Market Size Forecast by Applications
6.2.1 Coal Bed Methane
6.2.2 Shale Gas
6.2.3 Tight Gas
6.2.4 Tight Oil
6.2.5 Shale Oil
6.2.6 LNG
6.2.7 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Proppant 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 Proppant 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 Proppant Analysis and Forecast
9.1 Introduction
9.2 North America Proppant 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 Proppant Market Size Forecast by Type
9.6.1 Frac Sand Proppant
9.6.2 Resin-coated Proppant
9.6.3 Ceramic 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 Proppant Market Size Forecast by Applications
9.10.1 Coal Bed Methane
9.10.2 Shale Gas
9.10.3 Tight Gas
9.10.4 Tight Oil
9.10.5 Shale Oil
9.10.6 LNG
9.10.7 Other Applications
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 Proppant Analysis and Forecast
10.1 Introduction
10.2 Europe Proppant 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 Proppant Market Size Forecast by Type
10.6.1 Frac Sand Proppant
10.6.2 Resin-coated Proppant
10.6.3 Ceramic 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 Proppant Market Size Forecast by Applications
10.10.1 Coal Bed Methane
10.10.2 Shale Gas
10.10.3 Tight Gas
10.10.4 Tight Oil
10.10.5 Shale Oil
10.10.6 LNG
10.10.7 Other Applications
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 Proppant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Proppant 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 Proppant Market Size Forecast by Type
11.6.1 Frac Sand Proppant
11.6.2 Resin-coated Proppant
11.6.3 Ceramic 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 Proppant Market Size Forecast by Applications
11.10.1 Coal Bed Methane
11.10.2 Shale Gas
11.10.3 Tight Gas
11.10.4 Tight Oil
11.10.5 Shale Oil
11.10.6 LNG
11.10.7 Other Applications
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 Proppant Analysis and Forecast
12.1 Introduction
12.2 Latin America Proppant 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 Proppant Market Size Forecast by Type
12.6.1 Frac Sand Proppant
12.6.2 Resin-coated Proppant
12.6.3 Ceramic 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 Proppant Market Size Forecast by Applications
12.10.1 Coal Bed Methane
12.10.2 Shale Gas
12.10.3 Tight Gas
12.10.4 Tight Oil
12.10.5 Shale Oil
12.10.6 LNG
12.10.7 Other Applications
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) Proppant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Proppant 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) Proppant Market Size Forecast by Type
13.6.1 Frac Sand Proppant
13.6.2 Resin-coated Proppant
13.6.3 Ceramic 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) Proppant Market Size Forecast by Applications
13.10.1 Coal Bed Methane
13.10.2 Shale Gas
13.10.3 Tight Gas
13.10.4 Tight Oil
13.10.5 Shale Oil
13.10.6 LNG
13.10.7 Other Applications
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 Proppant Market: Competitive Dashboard
14.2 Global Proppant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carbo Ceramics
14.3.2 Saint-Gobain
14.3.3 U.S. Silica Holdings
14.3.4 JSC Borovichi Refractories
14.3.5 Yixing Orient Petroleum Proppant
14.3.6 Mineração Curimbaba
14.3.7 China Gengsheng Minerals
14.3.8 Covia
14.3.9 Superior Silica Sands
14.3.10 Hi-Crush Partners
14.3.11 Carbo Ceramics
14.3.12 Covia
14.3.13 Preferred Sands
14.3.14 Fores
14.3.15 Badger Mining Corporation (BMC)
14.3.16 Smart Sand
14.3.17 Mississippi Sand
14.3.18 Changqing Proppant
14.3.19 Yangquan Changqing Petroleum Proppant
14.3.20 Eagle Materials
