Lewes, DE -- (SBWIRE) -- 03/08/2019 -- Global Fracking Proppants Market is accounted for $72.35 billion in 2017 and is expected to reach $265.81 billion by 2026 growing at a CAGR of 15.5% during the forecast period. Growing demand for energy and changing focus towards unconventional gas are some of the key factors propelling the market growth. However, high cost of ceramic proppant and contamination concerns are inhibiting the market growth.
Fracking proppant is a hard material used to seize open cracks in the wellbore which are generated by the procedure of hydraulic fracturing, providing a conduit for hydrocarbons to access the wellbore. Hydraulic fracturing involves the usage of a fluid mixture consisting of one or more additives, typically water as a base fluid and a proppant such as sand. The mixture is pumped into a well under pressure with the help of pumps at the surface to bring fractures in the target zone or the geological development.
On the basis of product, frac sand segment witnessed steady growth. Factors such as easy availability and low cost are favoring the growth of this segment. By geography, North America is anticipated to dominate the global market during the forecast period due to increasing hydraulic fracturing applications in the United States, especially for shale gas and tight oil purposes, which had a positive impact on the demand for proppants.
Some of the key players in the Fracking Proppants Market include Baker Hughes, Saint-Gobain, Mineracao Curimbaba Ltd, Momentive, Fairmount Santrol, Carbo Ceramic, Unimin Corporation, U.S. Silica, Preferred Sands, Atlas Resin Proppants LP, Yixing Orient Petroleum Proppant Co. Ltd, Fores Ltd and Hi crush LP Partners.
Fracturing Technologies Covered:
- Natural Induced Hydraulic Fracturing
- Polylactic Acid Base Fiber Technology
- Induced Hydraulic Fracturing
- Resin Coated Proppants
- Ceramic Proppants
- Frac Sand
- Coal Bed Methane
- Tight Gas
- Shale Gas
- Other Applications
- North America
Rest of Europe
- Asia Pacific
Rest of Asia Pacific
- South America
Rest of South America
- Middle East & Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 156 pages "Fracking Proppants - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Fracking Proppants Market, By Fracturing Technology, Global Fracking Proppants Market, By Product, Global Fracking Proppants Market, By Application, Global Fracking Proppants Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - Baker Hughes, Saint-Gobain, Mineracao Curimbaba Ltd, Momentive, Fairmount Santrol, Carbo Ceramic, Unimin Corporation, U.S. Silica, Preferred Sands, Atlas Resin Proppants LP.
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