Proppant Market by Type, and Region – Global Forecast to 2022

The proppant market size is projected to reach USD 9.87 Billion by 2022, at a CAGR of 6.9% between 2017 and 2022. Proppant products find usage in hydraulic fracturing of unconventional gasses, such as shale gas, tight gas, and coal bed methane. Rising use of proppant in the oil and gas industry have led to an increased demand for proppant, globally.

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Proppant is majorly classified into three types, namely, frac sand, resin-coated, and ceramic. Frac sand is the most widely used type of proppant, due to its easy availability and low cost. Ceramic proppant is the fastest-growing type segment since ceramic proppant has high strength to withstand closure pressures up to 15,000 psi.

The objectives of the report are as follows:

  • To define, describe, and forecast the proppants market on the basis of type and region
  • To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market
  • To analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders
  • To forecast the market size, in terms of value, with respect to five main regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansion in the proppants market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies

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The supply chain of the proppant market starts with the sourcing of raw materials, followed by manufacturing of proppant and supplying of finished proppant products. It ends with the use of proppant in the hydraulic fracturing application. Silica sand, sintered bauxite, alumina, kaolin, and magnesium silicate are the raw materials used for the production of proppant. Some of the major players in the proppant market include Carbo Ceramics Inc. (U.S.), Saint-Gobain Proppant Inc. (U.S.), JSC Borovichi Refractories Plant (Russia), Yixing Orient Petroleum Proppant Co., Ltd. (China), U.S. Silica Holdings Inc. (U.S.), Hexion Inc. (U.S.), China GengSheng Minerals, Inc. (China), Fairmount Santrol Holdings Inc. (U.S.), Hi-Crush Partners LP (U.S.), and Mineração Curimbaba Ltda. (Brazil).

Key Target Audience:

  • Proppant Manufacturing Companies
  • Traders, Distributors, and Retailers
  • Raw material SUPPLIERS
  • Commercial R&D Institutes
  • Research Institute, Trade Association, and Government Agencies

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