Global Proppants Market Summary, Competitive Analysis and Forecast to 2027
Summary
Global Proppants industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 global proppants market had total revenues of $13.6 billion in 2022, representing a compound annual growth rate (CAGR) of 1.5% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.7% between 2017 and 2022, to reach a total of 87,749.8 Kilotons in 2022.
- The growth of the global 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, major segments, and leading players in the proppants market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global proppants market
- 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 Global proppants market with five year forecasts
- What was the size of the Global proppants market by value in 2022?
- What will be the size of the Global proppants market in 2027?
- What factors are affecting the strength of competition in the Global proppants market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's proppants market?
- 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. U.S. Silica Holdings Inc
- 8.2. Covia Holdings Corp
- 8.3. Baker Hughes Company
- 8.4. Hexion 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: Global proppants market value: $ million, 2017–22
- Table 2: Global proppants market volume: Kilotons, 2017–22
- Table 3: Global proppants market category segmentation: % share, by value, 2017–2022
- Table 4: Global proppants market category segmentation: $ million, 2017-2022
- Table 5: Global proppants market geography segmentation: $ million, 2022
- Table 6: Global proppants market value forecast: $ million, 2022–27
- Table 7: Global proppants market volume forecast: Kilotons, 2022–27
- Table 8: U.S. Silica Holdings Inc: key facts
- Table 9: U.S. Silica Holdings Inc: annual financial ratios
- Table 10: U.S. Silica Holdings Inc: key employees
- Table 11: Covia Holdings Corp: key facts
- Table 12: Covia Holdings Corp: key employees
- Table 13: Baker Hughes Company: key facts
- Table 14: Baker Hughes Company: annual financial ratios
- Table 15: Baker Hughes Company: key employees
- Table 16: Hexion Inc.: key facts
- Table 17: Hexion Inc.: key employees
- Table 18: Global exchange rate, 2018–22
- List of Figures
- Figure 1: Global proppants market value: $ million, 2017–22
- Figure 2: Global proppants market volume: Kilotons, 2017–22
- Figure 3: Global proppants market category segmentation: $ million, 2017-2022
- Figure 4: Global proppants market geography segmentation: % share, by value, 2022
- Figure 5: Global proppants market value forecast: $ million, 2022–27
- Figure 6: Global proppants market volume forecast: Kilotons, 2022–27
- Figure 7: Forces driving competition in the global proppants market, 2022
- Figure 8: Drivers of buyer power in the global proppants market, 2022
- Figure 9: Drivers of supplier power in the global proppants market, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the global proppants market, 2022
- Figure 11: Factors influencing the threat of substitutes in the global proppants market, 2022
- Figure 12: Drivers of degree of rivalry in the global proppants market, 2022
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