Global Proppant Market – Industry Trends and Forecast to 2027
Global Proppant Market By Type (Frac Sand Proppant, Resin–Coated Proppant, Ceramic Proppant), Application (Shale Gas, Tight Gas, Coal Bed Methane, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Proppant Market
Proppant market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to reach USD 12.30 billion by 2027 growing at a growth rate of 6.47% in the above mentioned forecast period. The proppant market is attaining growth due to factors such as increasing improvement in fracturing technology and rising demand from oil and gas industries.
Rising demand for ceramic and resin coated proppant will accelerate the growth of the market. Technological innovation of new drilling techniques and increasing improvement in fracturing technology will augment market demand. Growth of shale industry and increasing proppant consumption across the globe will act as a factor growth in the proppant market during the forecast period 2020-2027.
Increasing prices of ceramic proppant will hamper the growing demand of proppant in the market. Rising supply of crude oil will lead to obstructing the market demand in the forecast period of 2020-2027. On the other hand, unusual oil and gas reserves availability will further create new opportunities for the growth of the proppant market.
This proppant market report provides details of new developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research proppant market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Global Proppant Market Scope and Market Size
Proppant market is segmented on the basis of type and by application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, proppant market is segmented into frac sand proppant, resin–coated proppant and ceramic proppant.
- Based on application, proppant market is segmented into shale gas, tight gas, coal bed methane and others.
Proppant Market Country Level Analysis
Proppant market is analysed and market size, volume information is provided by country, by type and by application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of the U.S. in proppant market because of increasing drilling and completion activities in U.S. and Canada market while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to rising demand coupled with prevalence of shale gas reserves and hydraulic fracturing projects in China, Australia and potential shale gas extraction projects in India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Proppant Market Share Analysis
Global proppant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to proppant market.
The major players covered in the proppant market report are CARBO Ceramics Inc., Saint-Gobain, U.S. Silica., JSC “Borovichi Refractories Plant”, Superior Silica Sands, Hi-Crush Inc., Hexion, Covia Holdings Corporation, Fores LTD, Badger Mining Corporation, SmartSand, Inc., ChangQing Proppant, Eagle Materials Inc., Baker Hughes, Halliburton, Wanli Proppant, Momentive, among other players domestic and global. Market Share data is available for global, North America, Europe, Asia Pacific, Middle east and Africa, and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Proppant Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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