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Shibuya-ku, Tokyo, Japan, Japan, Dec 06, 2021, 02:46 /Comserve / -- A proppant is a solid material which is suspended in water so as to facilitate the opening of an induced hydraulic fracture. These are used during the fracking stage of oil & gas extraction.
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A proppant is a solid material which is suspended in water so as to facilitate the opening of an induced hydraulic fracture. These are used during the fracking stage of oil & gas extraction.
Saudi Arabia Proppants Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Saudi Arabia Proppants market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors' research report titled“Saudi Arabia Proppants Market Analysis, 2020”, the Saudi Arabia Proppants market is anticipated to grow at a CAGR of around 6% during 2020-25 on account of surging government investment toward the setup of proppant plants and shale gas plants, and burgeoning demand for proppants in the oil & gas sector. Moreover, rising hydraulic fracturing activities and surging inclination to produce domestic gas to power the electric grid are projected to boost the demand for proppants in the forecast period.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Saudi Arabia Proppants Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2020
Submersible Acquired the Largest Market Share
Based on Type, Frac Sand acquired the largest market share in the Saudi Arabia Proppant market in 2019 due to an increasing local production of frac sand for the fracking of shale gas. Moreover, boost in government spending toward shale gas development is projected to bolster the demand for frac sand due to its efficiency, low cost, and availability. Therefore, this is anticipated to place a significant impact toward the growth of Saudi Arabia Proppants market in the forthcoming years as stated in MarkNtel Advisors' research report“Saudi Arabia Proppants Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Saudi Arabia Proppants market include Badger Mining Corp., Baker Hughes Inc., Carbo Ceramics Inc., Hexion Inc., Saint-Gobain Proppants Inc., Sibelco Group, Schlumberger Limited, Halliburton Corporation etc.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Saudi Arabia Proppants Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2020
TABLE OF CONTENT
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. COVID-19 Impact on Saudi Arabia Proppants Market
5. Expert Verbatim-Interview Excerpts of Industry Experts
6. Saudi Arabia Proppants Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Revenues (in USD Million)
6.1.2. Units Sold (in Kilotons)
6.2. Market Share & Analysis
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