Proppants Market Size Survey 2021 with Top Countries Data Industry Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast | With Covid 19 Analysis
Posted on Feb 24 2021 2:39 AM
"Market Survey: This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets."
Global “Proppants Market” Report 2021 contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, rate of growth, and key regions. The Proppants market growth is predicted to register a CAGR of 7.1% during the forecast period. Proppants Market reports offer an in-depth assessment of the Proppants including enabling technologies, current market scenario, market assumptions, restraining factors.
"Final Report will add the analysis of the impact of COVID-19 on the Proppants industry."
The report considers the revenue generated from the sales of this report and technologies by various application segments like an extensive assessment of key drivers, driving business players, key portions, and areas. Aside from this, the specialists have profoundly considered distinctive geological territories and introduced a significant situation to assist new participants, driving business players, and speculators to make a decision developing economies.
Proppants Market Report covers the Top Key-players 2021:-
● SAINT-GOBAIN PROPPANTS
● HEXION INC.
● SUPERIOR SILICA SANDSHALLIBURTON
● BAKER HUGHES
● CARBO CERAMICS
● UNIMIN CORPORATION
● BOROVICHI REFRACTORIES PLANT (BORPROP)
● BADGER MINING
● HI-CRUSH PARTNERS LP
● MOMENTIVE SPECIALITY CHEMICALS INC.
● YIXING ORIENT PETROLEUM PROPPANT CO. LTD
● SUPERIOR SILICA SANDS
● TEXAS SILICA
● U.S. SILICA HOLDINGS INC.
The global Proppants market covers the vision of competitor analysis by product types, market share, applications, sales, and revenue.
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The global proppants market is projected to grow at a CAGR of 7.1% during the forecast period, 2018-2023. The market demand for proppants is likely to be driven by the growing industrialization and increased need of energy, which has led to improvements in hydraulic fracturing technologies, followed by commercial extraction of unconventional gases, which has further resulted in significant growth in the demand for proppants. Proppants play an integral role in the fracking process
INCREASING USAGE OF FRAC SAND (QUANTITY PER WELL)
Frac sands are mixed with water and different chemicals to fracture shale formations to unleash oil & natural gas reserves. Companies like US Silica (a leading producer of silica sands and Frac sands) have produced an even more premium quality frac sand that is coated with an oily resin, which allows crude oil to slip past more easily. The manufacturing of higher quality frac sands is further expected to increase the demand for frac sands. Furthermore, in response to the upcoming demand of frac sands, largest providers of fracking services like Halliburton, has more than doubled its fleet of ralicars and increased the capacity of its sand terminals where sand is reloaded from trains to trucks. The trend of further optimization techniques in fracking is increasing demand for frac sand in per well.
Frac Sand to Dominate the Market
Frac sand's market share has increased from 80% in 2012 to ~95% in 2017 in the total proppants market by volume in North America, owing to its efficiency, low cost and availability. Frac sand proppants are the most widely used category of proppants for hydraulic fracturing in North America. Frac Sand proppants are made out of highly pure and durable sand with round grains. They are majorly made out of sandstone or bauxite. Their size ranges from about 0.1 millimeter in diameter to 2 millimeter in diameter, depending on the requirement of the fracking job.
United States to Lead the Market
The United States is estimated to account 71.7% market share by volume in North American region in 2017. The country is one of the leading country globally in terms of exploration of unconventional crude oil reserves and application of hydraulic fracturing for the same. The amount of oil produced from hydraulically fractured wells has been increasing significantly in comparison to the oil produced from the conventionally fractured wells. The number of hydraulically fractured wells has risen to approximately 300,000 with large contributions from the Bakken formation, Eagle Ford formation and Permian Basin.
The rising hydraulic fracturing applications in the United States, especially for shale gas and tight oil purposes has a positive impact on the demand for proppants. Frac sand is the most widely used proppant while resin-coated and ceramic sands are used for specific applications involving greater production depths and thermal resistance. Despite the recent drop in the crude oil prices, the natural gas exports of the country are propelling thus growing the production demand from the majorly producing Shale formations.
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Important Questions Answered in the Report:● Which Manufacturing Technology is employed for Proppants? What Developments Are happening therein Technology? Which Trends Are Causing These Developments?
● What will be the CAGR% during the forecast year?
● Who Are the worldwide Key Players during this Proppants Market? What’s Their Company Profile, Their Product Information, Contact Information?
● What Was the Global Market Status of Proppants Market? What Was Capacity, Production Value, Cost, and PROFIT of Proppants Market?
● What Is the Current Market Status of the Proppants Industry? What’s Market Competition during this Industry, Both Company, and Country Wise? What’s marketing research of Proppants Market by Taking Applications and kinds in Consideration?
● What Are Projections of worldwide Proppants Industry Considering Capacity, Production and Production Value? what is going to Be the Estimation of Cost and Profit? what is going to Be Market Share, Supply and Consumption? What About Import and Export?
● What Is Proppants Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
● What Is Economic Impact On Proppants Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
● What Are Market Dynamics of Proppants Market? What Are Challenges and Opportunities?
● What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Proppants Industry?
Highlighted points of Proppants Market Report:● Covers the varying market dynamics of the industry.
● In-depth analysis of market risks, opportunities, limitations, and growth of the market.
● Includes market driving and restraining factors.
● Participants profiles along with product description, overview, and business data.
● Include details of five years of forecast analysis by types, regions, and applications.
Key Developments in the Proppants Market:
● And the latest major developments in 2018 covered in the report
Reasons to Purchase this Report
● Market analysis for the global proppants market, with region-specific assessments and competition analysis on a global and regional scale.
● Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
● Extensively researched competitive landscape section with profiles of major companies along with their market share.
● Identification and analysis of the macro and micro factors that affect the global proppants market on both, global and regional scales.
● A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
● Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
● 3 months analyst support along with the Market Estimate sheet in excel.
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Finally, the report Global Proppants Market 2021 describes the Proppants industry expansion game plan, the Proppants industry knowledge supply, appendix, analysis findings, and the conclusion.
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