Market Overview:
The global synthetic proppant 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 shale gas and tight gas across the globe. In terms of type, ceramic beads are expected to lead the global synthetic proppant market during the forecast period, owing to their high strength and durability. In terms of application, shale gas is expected to account for a major share of the global synthetic proppant market during the forecast period.
Product Definition:
Synthetic proppants are man-made materials used to prop open fractures in oil and gas reservoirs. They are generally made from glass, resin or ceramic and come in a variety of shapes and sizes. Synthetic proppants help to increase production by keeping the fractures open, which allows the oil and gas to flow more freely.
Ceramic Beads:
Ceramic beads, also known as synthetic or artificial beads are small spherical particles made from glass, ceramic or plastic. They are used in hydraulic fracturing to help break up the shale rock and extract the gas/oil. The process is called fracking and is done by a company called horizontal drilling which involves pumping water at high pressure into the ground to create a huge amount of friction which causes rocks to split apart allowing easy access to oil & gas reserves.
Aluminum Beads:
Aluminum beads are small, round, and hollow pieces of aluminum. They are available in different sizes ranging from 2 to 200 microns. The most commonly used bead is the size 100-200 which is widely utilized as a filler material in various industries including construction, oil & gas and mining among others. Aluminum beads have high surface area which makes them an ideal choice for use as fillers in proppants for synthetic hydraulic fracturing fluids (SHF).
Application Insights:
On the basis of application, shale gas accounted for the largest market share in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising demand for natural gas as an energy source is anticipated to drive segment growth over the coming years.
Tight Gasoline Market Size By Application (LCVs, HCVs) And Region 2015 - 2030 ¢â‚¬Å“ Global Synthetic Proppant Market Analysis By Product (Ceramic Beads, Aluminum Beads), By Application And Segment Forecasts To 2030 ¢â‚¬ Source: IEAoterica TPV Research CenterThe growing use of aluminum-based products in tight gasoline applications owing to their ability to reduce fuel consumption and enhance engine efficiency has driven industry growth over recent years.
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 exploration activities for shale gas, tight gas, coal bed methane and other unconventional reserves which are driving the regional demand for synthetic proppants. China is one of the major countries contributing to regional growth owing to increasing investments by various companies engaged in natural resources exploration such as oil & gas, mining, power generation etc.
The government of China has undertaken initiatives such as “One Belt One Road†(OBOR) initiative with an aim to improve connectivity across Asia Pacific through road construction projects which will open new markets for mineral processing equipment manufacturers and cement plants operating across economies including China and India among others.
Growth Factors:
- Increasing demand for oil and gas from developing countries
- Rising investments in exploration and production activities of oil and gas
- Proliferation of hydraulic fracturing or fracking technology
- Stringent environmental regulations for drilling and production activities of oil and gas
- Technological advancements in proppant products
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Proppant Market Research Report
By Type
Ceramic Beads, Aluminum Beads, Sintered Bauxite, Coated Sand, Others
By Application
Shale Gas, Tight Gas, Coal Bed Methane, Others
By Companies
Fortress Proppants Ltd, Fairmount Santrol, Badger Mining Corporation (BMC), US SILICA, CARBO Ceramics, Hi Crush LP Partners, Saint-Gobain, JSC Borovichi Refractories, Yixing Orient Petroleum Proppant, Mineração Curimbaba, China Gengsheng Minerals, Covia, Superior Silica Sands, Hexion, Preferred Sands
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Proppant Market Report Segments:
The global Synthetic Proppant market is segmented on the basis of:
Types
Ceramic Beads, Aluminum Beads, Sintered Bauxite, Coated Sand, Others
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
Shale Gas, Tight Gas, Coal Bed 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:
- Fortress Proppants Ltd
- Fairmount Santrol
- Badger Mining Corporation (BMC)
- US SILICA
- CARBO Ceramics
- Hi Crush LP Partners
- Saint-Gobain
- JSC Borovichi Refractories
- Yixing Orient Petroleum Proppant
- Mineração Curimbaba
- China Gengsheng Minerals
- Covia
- Superior Silica Sands
- Hexion
- Preferred Sands
Highlights of The Synthetic 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:
- Ceramic Beads
- Aluminum Beads
- Sintered Bauxite
- Coated Sand
- Others
- By Application:
- Shale Gas
- Tight Gas
- Coal Bed 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 Synthetic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- 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?
Synthetic proppant is a type of material used in oil and gas drilling to prop open fractures in the rock. It is made from materials such as sand, plastic, and metal particles that are mixed together and then injected into the well. The synthetic proppant helps keep the fractures open so that oil or gas can flow more easily out of the well.
Some of the major players in the synthetic proppant market are Fortress Proppants Ltd, Fairmount Santrol, Badger Mining Corporation (BMC), US SILICA, CARBO Ceramics, Hi Crush LP Partners, Saint-Gobain, JSC Borovichi Refractories, Yixing Orient Petroleum Proppant, Minera§£o Curimbaba, China Gengsheng Minerals, Covia, Superior Silica Sands, Hexion, Preferred Sands.
The synthetic proppant 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 Synthetic 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 Synthetic Proppant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic 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 Synthetic 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 Synthetic Proppant Market Size & Forecast, 2020-2028
4.5.1 Synthetic Proppant Market Size and Y-o-Y Growth
4.5.2 Synthetic Proppant 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 Ceramic Beads
5.2.2 Aluminum Beads
5.2.3 Sintered Bauxite
5.2.4 Coated Sand
5.2.5 Others
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 Shale Gas
6.2.2 Tight Gas
6.2.3 Coal Bed Methane
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic 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 Synthetic 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 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 Ceramic Beads
9.6.2 Aluminum Beads
9.6.3 Sintered Bauxite
9.6.4 Coated Sand
9.6.5 Others
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 Shale Gas
9.10.2 Tight Gas
9.10.3 Coal Bed Methane
9.10.4 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 Ceramic Beads
10.6.2 Aluminum Beads
10.6.3 Sintered Bauxite
10.6.4 Coated Sand
10.6.5 Others
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 Shale Gas
10.10.2 Tight Gas
10.10.3 Coal Bed Methane
10.10.4 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 Ceramic Beads
11.6.2 Aluminum Beads
11.6.3 Sintered Bauxite
11.6.4 Coated Sand
11.6.5 Others
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 Shale Gas
11.10.2 Tight Gas
11.10.3 Coal Bed Methane
11.10.4 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 Ceramic Beads
12.6.2 Aluminum Beads
12.6.3 Sintered Bauxite
12.6.4 Coated Sand
12.6.5 Others
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 Shale Gas
12.10.2 Tight Gas
12.10.3 Coal Bed Methane
12.10.4 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 Ceramic Beads
13.6.2 Aluminum Beads
13.6.3 Sintered Bauxite
13.6.4 Coated Sand
13.6.5 Others
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 Shale Gas
13.10.2 Tight Gas
13.10.3 Coal Bed Methane
13.10.4 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 Synthetic Proppant Market: Competitive Dashboard
14.2 Global Synthetic Proppant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fortress Proppants Ltd
14.3.2 Fairmount Santrol
14.3.3 Badger Mining Corporation (BMC)
14.3.4 US SILICA
14.3.5 CARBO Ceramics
14.3.6 Hi Crush LP Partners
14.3.7 Saint-Gobain
14.3.8 JSC Borovichi Refractories
14.3.9 Yixing Orient Petroleum Proppant
14.3.10 Mineração Curimbaba
14.3.11 China Gengsheng Minerals
14.3.12 Covia
14.3.13 Superior Silica Sands
14.3.14 Hexion
14.3.15 Preferred Sands
