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Proppants Market Industry Analysis By Future Demand, Top Players, Size,Growth, Share, Opportunities, Revenue and Growth Rate Through 2023 - Market Reports World
Posted on May 5 2021 9:00 AM
"Proppants Market Research Report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. the global Proppants Market revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period with Forecast Period 2021-2023.
Global Proppants Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds impact 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.Proppants Market Research Report is highly research-intensive, powered by high R & D investment, and it possesses a strong product analysis to maintain growth and ensure long-term revenue generation.
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Proppants Market report offers a comprehensive view regarding the competitive landscape of the Proppants market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R & D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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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.
Notable Developments in the Market
In July 2017, Baker Hughes and GE Oil & Gas completed the merge creating the worldâ€™s first and only full-stream oil and gas company.
In July 2017, Badger Mining plans new frac sand mine.
Major Key Players: SAINT-GOBAIN PROPPANTS, HEXION INC., SUPERIOR SILICA SANDS AND OTHER PLAYERS INCLUDE CARBO CERAMICS, FORES, HALLIBURTON, BAKER HUGHES, SANTROL, 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.
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.
Customization of the Report
This report can be customized to meet your requirements.
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Proppants Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of Proppants.
Regional Market Analysis:
The Proppants Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global Proppants Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with Proppants procedures.
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Key Attentions of Proppants Market Report:
- The report offers a comprehensive and broad perspective on the global Proppants market.
- The market statistics represented in different Proppants segments offers complete industry picture.
- Market growth drivers, challenges affecting the development of Proppants are analyzed in detail.
- The report will help in the analysis of major competitive market scenario, market dynamics of Proppants.
- Major stakeholders, top companies Proppants, investment feasibility and new market entrants study is offered.
- Development scope of Proppants in each market segment is covered in this report. The macro and micro-economic factors affecting the Proppants market
- Advancement is elaborated in this report. The upstream and downstream components of Proppants and a comprehensive value chain are explained.
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter's Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
6.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6.2.4 South America
18.104.22.168 Rest of South America
6.2.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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