Global Proppant Market Research Report 2023(Status and Outlook)

Global Proppant Market Research Report 2023(Status and Outlook)

Report Overview

Proppant is a solid material that is designed to keep a hydraulic fracture open during treatment. It is usually sand grain or a man-made proppant that includes high-strength ceramic materials like resin-coated sand. The materials should be chosen carefully as they should be permeable to gas so as to withstand the closure stresses and prop the fractures. Proppants can be sorted by their size and sphericity. They also provide a channel for production of fluid. Moreover, a suitable Proppant has a positive impact on the output rate of a well.

North America is estimated to be the largest market for proppant. The U.S. is expected to be the largest market for proppants in North America during the forecast period.

The Global Proppant Market Size was estimated at USD 6556.40 million in 2022 and is projected to reach USD 8569.87 million by 2029, exhibiting a CAGR of 3.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Proppant market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Proppant Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Proppant market in any manner.

Global Proppant Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Carbo Ceramics

Saint-Gobain

U.S. Silica Holdings

JSC Borovichi Refractories

Yixing Orient Petroleum Proppant

Mineração Curimbaba

China Gengsheng Minerals

Covia

Superior Silica Sands

Hi-Crush Partners

Hexion

Covia

Preferred Sands

Fores

Badger Mining Corporation (BMC)

Smart Sand

Mississippi Sand

Changqing Proppant

Yangquan Changqing Petroleum Proppant

Eagle Materials

Market Segmentation (by Type)

Frac Sand Proppant

Resin-coated Proppant

Ceramic Proppant

Market Segmentation (by Application)

Passenger Cars (PC)

Commercial Vehicles (CV)

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Proppant Market

Overview of the regional outlook of the Proppant Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors