Middle East and Africa (MEA) Proppants Market Summary, Competitive Analysis and Forecast to 2027
Summary
Proppants in Middle East & Africa 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 Middle East & African proppants market had total revenues of $0.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.7% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 1.4% between 2017 and 2022, to reach a total of 1,189.4 Kilotons in 2022.
- The growing exploration & production (E&P) of oil and natural gas from unconventional fields are boosting the demand for hydraulic fracturing, hence fostering the demand for proppants. For instance, Shilaif Formation is one of the major unconventional hydrocarbon reservoirs in the UAE which is a key source of offshore oil reserves in Dubai.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the proppants market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the proppants market in Middle East & Africa
- 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 Middle East & Africa proppants market with five year forecasts
- What was the size of the Middle East & Africa proppants market by value in 2022?
- What will be the size of the Middle East & Africa proppants market in 2027?
- What factors are affecting the strength of competition in the Middle East & Africa proppants market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa'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 strategies do leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Baker Hughes Company
- 8.2. Building Material Screening Factories
- 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: Middle East & Africa proppants market value: $ million, 2017–22
- Table 2: Middle East & Africa proppants market volume: Kilotons, 2017–22
- Table 3: Middle East & Africa proppants market category segmentation: % share, by value, 2017–2022
- Table 4: Middle East & Africa proppants market category segmentation: $ million, 2017-2022
- Table 5: Middle East & Africa proppants market geography segmentation: $ million, 2022
- Table 6: Middle East & Africa proppants market value forecast: $ million, 2022–27
- Table 7: Middle East & Africa proppants market volume forecast: Kilotons, 2022–27
- Table 8: Baker Hughes Company: key facts
- Table 9: Baker Hughes Company: annual financial ratios
- Table 10: Baker Hughes Company: key employees
- Table 11: Kuthban Industrial Proppant LLC: key facts
- Table 12: Building Material Screening Factories: key facts
- Table 13: Building Material Screening Factories: key employees
- Table 14: Middle East & Africa size of population (million), 2018–22
- Table 15: Middle East & Africa gdp (constant 2005 prices, $ billion), 2018–22
- Table 16: Middle East & Africa gdp (current prices, $ billion), 2018–22
- Table 17: Middle East & Africa inflation, 2018–22
- Table 18: Middle East & Africa consumer price index (absolute), 2018–22
- Table 19: Middle East & Africa exchange rate, 2018–22
- List of Figures
- Figure 1: Middle East & Africa proppants market value: $ million, 2017–22
- Figure 2: Middle East & Africa proppants market volume: Kilotons, 2017–22
- Figure 3: Middle East & Africa proppants market category segmentation: $ million, 2017-2022
- Figure 4: Middle East & Africa proppants market geography segmentation: % share, by value, 2022
- Figure 5: Middle East & Africa proppants market value forecast: $ million, 2022–27
- Figure 6: Middle East & Africa proppants market volume forecast: Kilotons, 2022–27
- Figure 7: Forces driving competition in the proppants market in Middle East & Africa, 2022
- Figure 8: Drivers of buyer power in the proppants market in Middle East & Africa, 2022
- Figure 9: Drivers of supplier power in the proppants market in Middle East & Africa, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the proppants market in Middle East & Africa, 2022
- Figure 11: Factors influencing the threat of substitutes in the proppants market in Middle East & Africa, 2022
- Figure 12: Drivers of degree of rivalry in the proppants market in Middle East & Africa, 2022
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