Asia-Pacific (APAC) Proppants Market Summary, Competitive Analysis and Forecast to 2027
Summary
Proppants in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Proppants are solid materials, mostly sand, treated sand, or man-made ceramic materials used in hydraulic fracturing, a method used to extract oil and gas from deep underground sedimentary rock formations. Proppants prevent the opened fractures from closing on the release of pressure. These proppants are used to keep the artificially created hydraulic fractures open after the injection process to continue and enhance the extraction of oil and gas.
- The Asia-Pacific proppants market had total revenues of $0.8 billion in 2022, representing a compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 1.1% between 2017 and 2022, to reach a total of 5,985.8 Kilotons in 2022.
- The growth of the Asia-Pacific proppants market is attributed to the presence of enormous extraction projects for shale gas in countries such as China, India, and Australia. According to the US Energy Information Administration (EIA), shale gas production in China increased by 0.8 billion cubic feet per day between 2019–22.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the proppants market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the proppants market in Asia-Pacific
- Leading company profiles reveal details of key proppants market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific proppants market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific proppants market by value in 2022?
- What will be the size of the Asia-Pacific proppants market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific proppants market?
- How has the market performed over the last five years?
- How large is Asia-Pacific’s proppants market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies followed by the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Covia Holdings Corp
- 8.2. Baker Hughes Company
- 8.3. CARBO Ceramics Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Asia-Pacific proppants market value: $ million, 2017–22
- Table 2: Asia–Pacific proppants market volume: Kilotons, 2017–22
- Table 3: Asia–Pacific proppants market category segmentation: % share, by value, 2017–2022
- Table 4: Asia-Pacific proppants market category segmentation: $ million, 2017-2022
- Table 5: Asia–Pacific proppants market geography segmentation: $ million, 2022
- Table 6: Asia-Pacific proppants market value forecast: $ million, 2022–27
- Table 7: Asia–Pacific proppants market volume forecast: Kilotons, 2022–27
- Table 8: Covia Holdings Corp: key facts
- Table 9: Covia Holdings Corp: key employees
- Table 10: Baker Hughes Company: key facts
- Table 11: Baker Hughes Company: annual financial ratios
- Table 12: Baker Hughes Company: key employees
- Table 13: CARBO Ceramics Inc: key facts
- Table 14: CARBO Ceramics Inc: key employees
- Table 15: ChangQing Proppant: key facts
- Table 16: Asia-Pacific exchange rate, 2018–22
- List of Figures
- Figure 1: Asia-Pacific proppants market value: $ million, 2017–22
- Figure 2: Asia–Pacific proppants market volume: Kilotons, 2017–22
- Figure 3: Asia-Pacific proppants market category segmentation: $ million, 2017-2022
- Figure 4: Asia–Pacific proppants market geography segmentation: % share, by value, 2022
- Figure 5: Asia-Pacific proppants market value forecast: $ million, 2022–27
- Figure 6: Asia–Pacific proppants market volume forecast: Kilotons, 2022–27
- Figure 7: Forces driving competition in the proppants market in Asia-Pacific, 2022
- Figure 8: Drivers of buyer power in the proppants market in Asia-Pacific, 2022
- Figure 9: Drivers of supplier power in the proppants market in Asia-Pacific, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the proppants market in Asia-Pacific, 2022
- Figure 11: Factors influencing the threat of substitutes in the proppants market in Asia-Pacific, 2022
- Figure 12: Drivers of degree of rivalry in the proppants market in Asia-Pacific, 2022
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