Market Overview

Proppants 2018: Global Market Size, Share, Development, Growth and Demand Forecast to 2023

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Proppants 2018: Global Market Size, Share, Development, Growth and Demand Forecast to 2023

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DUBLIN, July 31, 2018 /PRNewswire/ --

The "Proppant Market by Type, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.

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Global proppant market is projected to reach $10,562.9 million by 2023. The increasing use of ceramic and resin-coated proppants to enhance the productivity of wells and the growing demand for frac sand for the extraction of petroleum fluids are the key factors driving the market growth.

Of all types, sand material held the largest volume share, of more than 85%, in the proppant market in 2017. This can be attributed to its simple manufacturing process and large-scale use in the hydraulic fracturing for shale gas extraction. Besides, the material is widely used in the filtration of oil and the fracking process of liquefied natural gas (LNG).

Based on application, shale gas extraction was the largest application area of the material during the historical period. It held the largest value share, of more than 50%, in the proppant market in 2017. This can be attributed to the fact that these materials are widely used for hydraulic fracturing during shale gas extraction. Besides, there has been a significant increase in the production of shale gas in North America for commercial use.

Globally, North America is the largest market for the material

Globally, in terms of volume, North America continues to hold the largest share in the proppant market. It contributed more than 70% share to the market in 2017. The growth of the market in the region is mainly driven by increased material loading levels and moderate recovery in oil prices. In addition, longer laterals are being utilized to boost natural gas production in region, which, in turn, requires the use of the sand material for fracturing purposes.

Market is witnessing increased demand for ceramic and resin-coated materials to improve well productivity

Ceramic and resin-coated materials have properties such as higher strength and increased ability to withstand stress in deep-well sites. With increased well-drilling activities, there is a need for ceramic and resin-coated materials that can be used in low-permeability wells or multiple-stage fracturing. Oil and gas producers are now focusing on deep-well sites, which require high-strength materials for hydraulic fracturing purposes. Ceramic materials can withstand compression load up to 10,000 pounds per square inch, which allows the drillers to access much deeper shale formations. These factors have led to an increased demand for these materials, which, in turn, is driving the proppant market growth.

Increasing hydraulic fracturing activity in North America is a key trend in the market

The key trend witnessed in the proppant market in recent years is the increasing hydraulic fracturing activities in the North American region. With the exploration of new shale gas reserves in the region, there has been an increase in hydraulic fracturing activities. According to the Railroad Commission of Texas (RRC), 2,712 wells were completed during January-March in 2018, as against 1,925 wells completed during the same period in 2017. This can be attributed to the use of these materials for fracturing purposes.

Key Topics Covered

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation By Type
1.3.2 Market Segmentation By Application
1.3.3 Market Segmentation By Geography
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Value
1.3.5.2 Volume
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown Of Primary Research Respondents
2.2.1.1 By Region
2.2.1.2 By Industry Participant
2.2.1.3 By Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions For The Study

Chapter 3. Executive Summary
3.1 Voice Of Industry Experts/Kols

Chapter 4. Introduction
4.1 Definition Of Market Segments
4.1.1 By Type
4.1.1.1 Ceramic
4.1.1.1.1 Low Density
4.1.1.1.2 Medium Density
4.1.1.1.3 High Density
4.1.1.2 Resin Coated
4.1.1.3 Sand
4.1.2 By Application
4.1.2.1 Shale Gas
4.1.2.2 Tight Gas
4.1.2.3 Coal-Bed Methane
4.1.2.4 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing Hydraulic Fracturing Activities In North America
4.3.2 Drivers
4.3.2.1 Growing Demand For Frac Sand As A Proppant
4.3.2.2 Increasing Use Of Ceramic And Resin-Coated Proppants To Improve Well Economics
4.3.2.3 Impact Analysis Of Drivers On Market Forecast
4.3.3 Restraints
4.3.3.1 Stringent Environmental Regulations
4.3.3.2 Impact Analysis Of Restraints On Market Forecast
4.3.4 Opportunities
4.3.4.1 Development Of Eco-Friendly, Non-Phenolic Resin-Coated Proppants

Chapter 5. Global Market Size And Forecast
5.1 By Type
5.1.1 Ceramic Proppant Market By Type
5.2 By Application
5.3 By Region

Chapter 6. North America Market Size And Forecast
6.1 By Type
6.1.1 Ceramic Proppant Market By Type
6.2 By Application
6.3 By Country
6.3.1 U.S.
6.3.1.1 By Type
6.3.1.2 By Application

Chapter 7. Europe Market Size And Forecast
7.1 By Type
7.1.1 Ceramic Proppant Market By Type
7.2 By Application
7.3 By Country

Chapter 8. Apac Market Size And Forecast
8.1 By Type
8.1.1 Ceramic Proppant Market By Type
8.2 By Application
8.3 By Country

Chapter 9. Latam Market Size And Forecast
9.1 By Type
9.1.1 Ceramic Proppant Market By Type
9.2 By Application
9.3 By Country

Chapter 10. Mea Market Size And Forecast
10.1 By Type
10.1.1 Ceramic Proppant Market By Type
10.2 By Application
10.3 By Country

Chapter 11. Competitive Landscape
11.1 Benchmarking Of Key Players
11.2 Global Strategic Developments Of Key Players
11.2.1 Mergers And Acquisitions
11.2.2 Other Developments
11.3 Market Share Analysis Of Key Players Producing Ceramic Proppants

Chapter 12. Production Capacity And Production Analysis Of Leading Players
12.1 U.S.
12.2 Russia
12.3 China
12.4 Australia
12.5 Brazil

Chapter 13. Price Analysis
13.1 Raw Material Price
13.2 Domestic Price Of Proppants

Chapter 14. Company Profiles
14.1 Superior Silica Sands Llc
14.1.1 Business Overview
14.1.2 Product And Service Offerings
14.2 Badger Mining Corporation
14.2.1 Business Overview
14.2.2 Product And Service Offerings
14.3 JSC Borovichi Refractories Plant
14.3.1 Business Overview
14.3.2 Product And Service Offerings
14.4 Unimin Corporation
14.4.1 Business Overview
14.4.2 Product And Service Offerings
14.5 U.S. Silica Holdings Inc.
14.5.1 Business Overview
14.5.2 Product And Service Offerings
14.5.3 Key Financial Summary
14.6 Fores
14.6.1 Business Overview
14.6.2 Product And Service Offerings
14.7 Preferred Sands
14.7.1 Business Overview
14.7.2 Product And Service Offerings
14.8 Saint-Gobain Proppants Inc.
14.8.1 Business Overview
14.8.2 Product And Service Offerings
14.9 Carbo Ceramics Inc.
14.9.1 Business Overview
14.9.2 Product And Service Offerings
14.9.3 Key Financial Summary
14.10 Fairmount Santrol Holdings Inc.
14.10.1 Business Overview
14.10.2 Product And Service Offerings
14.10.3 Key Financial Summary

For more information about this report visit https://www.researchandmarkets.com/research/m9xcwn/proppants_2018?w=5

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