Global Frac Sand Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Frac Sand Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Frac sand is a high-purity quartz sand with very durable and very round grains. It is a crush-resistant material produced for use by the petroleum industry. It is used in the hydraulic fracturing process (known as fracking ) to produce petroleum fluids, such as oil, natural gas and natural gas liquids from rock units that lack adequate pore space for these fluids to flow to a well. Most frac sand is a natural material made from high-purity sandstone. An alternative product is ceramic beads made from sintered bauxite or small metal beads made from aluminum.

Market Overview:

The latest research study on the global Frac Sand market finds that the global Frac Sand market reached a value of USD 8598.81 million in 2022. It’s expected that the market will achieve USD 17545.96 million by 2028, exhibiting a CAGR of 12.62% during the forecast period.

Drivers of Frac Sand

North America, Europe, China, India, South America, Middle East and Africa
The increase in oil and gas exploration activities is expected to drive demand for frac sand. In countries such as the U.S., the consumption of fine-mesh raw frac sand has increased due to technological advances and increased demand for petroleum products.
Increasing demand is predominantly tied to urban growth in Asia, though it is worth noting that information on global sand consumption, particularly in emerging and frontier markets, is scarce. What is more, the increasing innovation in frac sand operations has been promoting the growth of the market.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Covia Holdings Corporation is one of the major players operating in the Frac Sand market, holding a share of 17.33% in 2020.

Covia Holdings Corporation

Covia Holdings Corporation provides minerals and material solutions for the industrial and energy markets. The company offers various mineral solutions to the glass, ceramics, coatings, polymers, construction, water filtration, sports, and recreation markets. It also offers a range of high-purity silica sand, nepheline syenite, feldspar, clay, kaolin, lime, resin systems, and coated materials. In addition, the company provides its energy customers with a selection of proppant solutions, additives, and coated products to enhance well productivity, as well as to address surface and down-hole challenges in all well environments.

U.S Silica

U.S. Silica is a leading silica sand supplier with a focus on performance materials that are essential to modern living. Our state-of-the-art offerings are used in variety of Industries and Applications.

Segmentation Overview:

By type, Northern White segment accounted for the largest share of market in 2021.

Northern White Sand

Ottawa White sand, also known as Northern White sand, is composed of 99 percent quartz and is found in Minnesota and Wisconsin. Ottawa White sand is used for its ability to withstand high pressure without breaking. This sand is rounder than other types of frac sand and thus can increase oil and gas flow through fissures made in the rocks containing oil and gas resources.

Brady Brown Sand

Brady Brown sand, also known as Hickory sand, comes from the Hickory Sandstone Formation in Texas. The sand contains less silicon dioxide (SiO2) than Ottawa White sand, which is found in the Midwest.

Application Overview:

By application, the Oil Exploitation segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Frac Sand market covered in Chapter 3:

Sil Industrial Minerals
Badger Mining Corporation
Emerge Energy Services Lp
Chieftain Sand
Hi-Crush Partners Lp
U.S Silica
Chongqing Changjiang
Di-Corp
Preferred Sands
Carbo Ceramics
Source Energy Services
Pioneer
Victory Nickel
Covia Holdings Corporation
Alpine Silica
Smart Sand Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Frac Sand market from 2018 to 2029 is primarily split into:

Northern White
Brady Brown Sand

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Frac Sand market from 2018 to 2029 covers:

Oil Exploitation
Natural Gas Exploration
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)