Ceramic Proppant Market Size ( - )
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In , the Global Ceramic Proppants Market was valued at $1.89 billion, and is projected to reach a market size of $3.25 billion by . Over the forecast period of -, market is projected to grow at a CAGR of 7%.
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INDUSTRY OVERVIEW
Abrasive substances called proppants are used in the fracking procedure, commonly known as hydraulic fracturing, to maintain the permeability of cracks in shale rock. By creating a route through which hydrocarbons may move more easily, they aid in the extraction of oil and gas. It is readily accessible in a variety of forms, dimensions, densities, and characteristics, and it is essential in determining the eventual permeability of fissures. Natural (frac sand) and man-made/engineered are the two varieties that are currently on the market. These are further divided into ceramic and resin-coated versions of man-made proppants. It is widely used in the oil and gas industry because it is crush resistant and conductive. A granular substance called ceramic proppant is used to support open fractures in oil and gas wells. It is often manufactured of high-strength ceramic materials like bauxite, fused alumina, or silicon carbide. Ceramic proppants are far more robust and long-lasting than conventional sand proppants, making them perfect for usage in high-pressure and high-temperature settings.
In order to maintain an open-induced hydraulic fracture during the fracturing procedure, proppant is a solid substance, usually treated with sand or synthetic ceramics. The kind of fracturing determines the content of the ceramic proppant that is added to the fracking fluid. Because sandstone wells have a high permeability to large-volume operations, ceramic proppant is used in low-volume well stimulation. Building cracks and maintaining a good balance between contact and conductivity during the lifetime of oil wells depend on the nature and effectiveness of the ceramic proppant. Produced from carefully regulated, top-notch calcined kaolin clay, lightweight ceramic proppants are economically viable. The purpose of ceramic proppant is to keep favourable fractures present throughout well formation. Ceramic proppants, which are made of silica or ash, are chosen because they have a quicker settling time and only need low viscosity fluids to carry oil and gas. Enhanced proppants, such as ultra-weight proppants, are made of silica or ash. These proppants preserve conductive hydraulic fractures and are employed as a rudimentary method of determining the geometry of hydraulic fractures as well as matrices for the gradual release of chemical additives down-hole. Ceramic proppants are produced in an environmentally responsible manner using bauxite as a raw material. Sand-based proppants are frequently utilised in the oil and gas sector because they are easily accessible and inexpensive.
COVD-19 IMPACT ON THE CERAMIC PROPPANT MARKET
Due to the drop in oil prices brought on by the COVID-19 outbreak in , the volume of the proppants market shrank by 27%. Governments throughout the world forced people to stay at home, shut down companies, and limit travel as a result of the oil industry's record demand shock in . Oil prices began the year strong, but by April, as a result of decreased global economic activity and an oversupply of oil on the market, oil prices had sharply fallen. The oil price war between Saudi Arabia and Russia, which began at the beginning of March as a result of the two nations' failure to reach an agreement on the levels of oil production, was another significant element that greatly aided in the freefall of oil prices. The Organization of the Petroleum Exporting Countries (OPEC) tardiness in reducing oil output to counteract the decline in demand also contributed to oil prices falling to their lowest levels in more than 20 years. All these aforementioned factors had a negative impact on the growth of the ceramic proppant market
MARKET DRIVERS:
Ceramic Proppants offer great strength properties which are likely to drive the market growth
Ceramic proppants are stronger than silica and resin-coated proppants due to their homogeneous round shape, making them the best choice for hydraulic fracturing of deep oil and gas reservoirs. This is the main reason fueling the demand for ceramic proppants on the international market. To improve the conductivity of intermediate and deep oil wells, ceramic proppants are also utilised. Due to the usage of natural resources like bauxite during production, ceramic proppants are produced in an environmentally sustainable manner. Exploration firms are utilising ceramic proppants more frequently as environmental concerns grow throughout the world and various governments give incentives for the use of eco-friendly practices.
Unconventional oil and gas deposits are being explored more which are major market drivers
Oil and gas have been in high demand for the past ten years in nations including the US, Canada, China, India, and Russia. Due to the limited supply of conventional oil and gas and their high carbon emissions, unconventional oil and gas production, such as that from coalbed methane, tight oil and gas, and shale oil and gas, has increased. Large proved quantities of unconventional oil and gas are present in countries like Brazil, Algeria, South Africa, Argentina, Mexico, and Australia, which will result in a considerable rise in proppant demand in the future which would eventually propel the market for ceramic proppant market.
MARKET RESTRAINTS:
The high cost of ceramic proppants when oil prices crash makes it least preferred which affects the market growth
Ceramic proppants are made using an energy-intensive process from sintered bauxite, kaolin, and magnesium silicate or combinations of bauxite and kaolin. The proppants must be homogeneous in size, shape, sphericity, and roundness throughout the production process in order to increase the porosity and permeability of the proppants bed. Because ceramic proppants can bear closing stresses of up to 20,000 psi, they are stronger and more resistant to crushing than frac sand. Since ceramic proppants are an engineering product with a more difficult production process, they are more expensive than uncoated or resin-coated proppants. About 50% more money is spent on ceramic proppants.
The availability of water and contamination issues are likely to hinder the growth
Proppants are mostly employed in hydraulic fracturing, and water makes up about 98 to 99.5 per cent of the fracturing fluid used in this process. Companies often employ several water sources, including groundwater, rivers, lakes, industrial wastewater treatment plant discharge water, and recycled fracturing water. The water is transported to drilling sites using temporary pipes or trucks. Depending on the area and the closeness of water sources, businesses try to use a variety of water sources. Hydraulic fracturing necessitates 3 million gallons of water on average for every well. However, there are significant regional variations in this amount. The number of phases of fracturing that are carried out at a well also affects the outcome. Regarding the utilisation of water in hydraulic fracturing, there are two main issues. First, there is a shortage of water for hydraulic fracturing, and second, there are worries about fracturing chemicals contaminating the water supply which may hamper the market growth.
CERAMIC PROPPANT MARKET REPORT COVERAGE
:
REPORT METRIC
DETAILS
Market Size Available
-
Base Year
Forecast Period
-
CAGR
7%
Segments Covered
By Type, Application, and Region
Various Analyses Covered
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Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter&#;s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regional Scope
North America, Europe, APAC, Latin America, Middle East & Africa
Key Companies Profiled
Badger Mining Corporation, Fores LLC, Carbo Ceramics, JSC Borovichi Refractories Plant, Momentive Speciality Chemicals Inc., Imerys S.A.
Segmentation Analysis
CERAMIC PROPPANT MARKET &#; BY TYPE:
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Ultra-Low density ceramic proppants
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Medium density ceramic proppants
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High-density ceramic proppants
Based on type, the ceramic proppant market is segmented into Ultra-Low density ceramic proppants, Medium density ceramic proppants and High-density ceramic proppants. Among these, the Ultra-Low density ceramic proppants dominated the market in . The density of ultra-low density ceramic proppants is lower than that of standard ceramic proppants. Clay, sand, and glass are among the materials used to make them. To improve the flow of hydrocarbons, ultra-low density ceramic proppants are employed in oil and gas wells. They are also utilised in building to increase concrete's strength. Compared to other kinds of ceramic proppants, ultra-low density ceramic proppants provide a variety of benefits. They may be employed in a wider variety of applications and are less prone to malfunction under stress.
The medium-density ceramic proppants are also likely to contribute significantly to the market growth over the forecast period. A form of ceramic proppant manufactured from materials with a medium density is known as a medium-density ceramic proppant. They are employed in oil and gas wells to sustain the strong walls and prop open fractures. Alumina or zirconia are frequently used to make medium-density ceramic proppants. The most popular kind of medium-density ceramic proppant is alumina. Aluminium oxide, a naturally occurring material present in the clay, is used to make it. Another kind of medium-density ceramic proppant is zirconia. It is constructed using zirconium oxide, a synthetic substance. Besides this, High-strength elements like alumina and silica are used to create high-density ceramic proppants, a particular kind of proppant. They support the wellbore and serve to prop open fractures in oil and gas wells. Because they have greater compressive strength than other kinds of proppants, high-density ceramic proppants are perfect for usage in high-pressure settings.
CERAMIC PROPPANT MARKET - BY APPLICATION:
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Oil and Gas Sector
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Construction
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Others
Based on application, the ceramic proppant market is segmented into the Oil and gas sector, Construction and Others. The oil and gas sector was the major contributor to the ceramic proppant market in . In the oil and gas industry, ceramic proppants are utilised during hydraulic fracturing. In process of extracting oil or gas, hydraulic fracturing involves creating cracks in the rock. Ceramic proppants aid in maintaining the cracks' openness so that the fluid may pass through and reach the reservoir. The shale boom in the United States has led to an upsurge in the usage of ceramic proppants recently. Shale plays are places with a lot of shale rock. These minerals have a poor permeability, which makes it challenging for fluids to pass through them. As a result, hydraulic fracturing is required to extract the oil and gas from these rocks.
Ceramic proppants are now being used more often in construction and are estimated to expand at a high CAGR over the forecast period. This is because they provide various advantages over conventional sand or gravel proppants. For instance, ceramic proppants are far more robust and long-lasting, allowing them to resist higher pressures without degrading. Because of this, they are perfect for use in high-pressure activities like hydraulic fracturing. Additionally, using ceramic proppants in building projects reduces the likelihood of environmental harm.
CERAMIC PROPPANT MARKET - BY REGION:
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North America
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Europe
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The Asia Pacific
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Latin America
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The Middle East
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Africa
By region, the Ceramic Proppant Market is grouped into North America, Europe, Asia Pacific, Latin America, The Middle East and Africa. Due to the rising demand from oil exploration corporations, North America now supplies the most ceramic proppants. The oilfield activity would be prolonged by sustained high prices, and a rebound in natural gas prices would finally serve as the main driver for ceramic proppants. Due to the gradually increasing number of oil and gas drilling activities, the Asia Pacific area is anticipated to have strong growth. The Middle Eastern nations, which have extensive mining infrastructure, are actively funding the drilling of multi-stage oil wells and the exploration of new drilling grounds. As a result, a strong increase rate in demand for ceramic proppants is anticipated in this region.
Key Market Players
Some of the major players operating in the Ceramic Proppant Market include:
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Badger Mining Corporation,
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Fores LLC,
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Carbo Ceramics
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JSC Borovichi Refractories Plant
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Momentive Speciality Chemicals Inc.
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Imerys S.A.
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Others
NOTABLE HAPPENING IN THE CERAMIC PROPPANT MARKET
MARKET EXPANSION- The expansion of COVIA's Canoitas factory in Mexico was accomplished in March . To accommodate the rising demand from clients in Mexico, the expansion will allow COVIA to increase its ability to produce silica by 350 tonnes annually.
ACQUISITION- In March , Carbo Ceramics was acquired by Wilk Brothers, LLC through a debt-for-equity exchange.
ACQUISITION- Proppant Logistics LLC, which owns Pronghorn Logistics LLC, was bought by Hi-Crush Inc. in May . The business offers complete logistical services for proppants.
INVESTMENT- In order to better service the coating and polymer end industries and establish a highly efficient contemporary facility, COVIA enlarged the North American facility's capacity in March . The project's estimated cost was USD 45 million.
Proppant Market reached a value of US $ 9.52 Bn. in . Frac sand is one of the dominating segment of the Global Proppant Market.
Proppant Market Overview:
Proppant is a small size ceramics ball, which are used to keep the artificial or hydraulic fractures to keep the shale rocks fractures open. It prevents opened fracture from closing on release of pressure. They help in oil and gas production by forming a conduit for hydrocarbons to flow more freely through. It comes in a variety of shapes, sizes, densities, and quality, and it plays an important role in determining the eventual permeability of fissures.
It's mixed into a fracking fluid, which can be gel, foam, or slickwater&#;based and can vary in composition depending on the type of fracturing applied. There may also be unconventional fracking fluids. At low closure stresses, large mesh proppants have larger permeability than small mesh proppants, but at high closure stresses, mechanical failure occurs, resulting in very tiny particles, therefore smaller mesh proppants surpass large mesh proppants in permeability after a certain verge of stress.To know about the Research Methodology :- Request Free Sample Report
Proppant Market Dynamics:
The combination of horizontal drilling and multistage fracturing technology has fundamentally transformed the oil and gas production landscape across the globe. Exploration and production companies are incorporating more sand each stage into their drilled and completed horizontals, a trend that is expected to accelerate over time. The average sand consumption per horizontal well has tripled since , and it is expected to continue to rise due to longer laterals and higher loadings per lateral foot. The development of technologies to promote the use of natural sand/Frac sand instead of ceramic sand has resulted in a strong demand for drilling proppants. The use of frac sand decreases the raw material price by more than 50%.
According to the US EIA, hydraulic fracturing is used in 95 % of wells drilled, which reflects well for the hydraulic fracturing business. The revenues generated from the hydraulic fracturing & services market are consistently increasing in the United States and Canada adds to the market's potential growth. Proppants that are meant to keep an induced hydraulic fracture open during the process are clearly required by the service providers. In addition, exploration and production activities are progressing, resulting in a noticeable increase in demand in the hydraulic fracturing industry, which is driving the proppants market growth.
Ceramic proppants are generated using an energy-intensive manufacturing method from sintered bauxite, kaolin, and magnesium silicate or combinations of bauxite and kaolin. This manufacturing method is complicated because the proppants must be consistent in size, shape, sphericity, and roundness in order for the proppants bed to have increased porosity and permeability. Ceramic proppants outperform frac sand in terms of strength and crush resistance, able to endure closing stresses ranging up to 20,000 psi. Because ceramic proppants are a designed product with a more complex production process, they are more expensive than uncoated or resin-coated proppants. The cost of ceramic proppants is about 50% higher than that of frac sand.
Pricing Analysis:
Proppants were valued at the US $ 0.68 to 1.27 per kg in all across the globe. For Instance, Ceramic proppants ranged in price from the US $ 1.02 to 1.24 per kg in the same year. By , proppants are expected to see a modest increase in price, with a range of US $ 0.74 to 1.42 per kilogram. The accessibility and pricing of raw materials are expected to influence the price adjustment, and demand for proppants is expected to increase significantly during the forecast period.
Share of global upstream oil and gas investment by asset type:
Proppant Market Segment Analysis:
Based on the Type, the Proppant Market is segmented into Frac Sand, Resin Coated Proppant, and Ceramic Proppant. The Frac Sand segment held the largest market share accounting for 83% in . The segment growth is mainly attributed to its lower cost as compared to other types of proppant. Frac sand is a common type of proppant. It's a high-purity sandstone proppant, which is found in nature. These proppants are most commonly used with a 6,000 psi closure pressure. Depending on the fracking job, they can be as little as 0.1 millimetres in diameter or as large as 2 millimetres in diameter. The growing use of frac sand in exploration and production businesses in the fracturing process is expected to boost the proppant market growth during the forecast period.
As Proppant is broadly used in oil and natural gas wells, as well as its cost advantage over other proppants, raw frac sand is the most widely used. Natural gas production is predicted to rise from 342 billion cubic feet per day (bcf/d) in to 554 billion cubic feet per day (bcf/d) by , according to the information given by the US Energy Information Administration (EIA). Shale gas has been produced in Canada since , and by , it is estimated to account for 30 percent of the country's total natural gas production. These factors are expected to drive the Proppant Market growth during the forecast period.
The Ceramic Proppant segment is expected to grow significantly at a CAGR of 7.1% during the forecast period. It is mostly used as a frac sand substitute. Ceramic proppants, which are artificial, have a higher crush strength than sand, which limits their use to wells with lower closure stresses.
Based on the Application, the Proppant Market is segmented into Shale Gas, Tight Gas, Coalbedmethane, and Others. The Shale Gas segment held the largest market share, accounting for 53% in . The segment growth is attributed to the increasing utilization of the material in shale gas extraction across the globe. Shale gas, which contains 70% to 90% methane, is used to create energy as well as for heating and cooking in the home. In terms of both value and volume, North America had the greatest share of the proppant market. In , the region accounted for more than 67.0 percent of the market's value share.
Regional Insights:
Asia Pacific region held the largest market share accounted for 35% in , and is expected to grow at a CAGR of xx% during the forecast period. The growing need for hydraulic fracturing for unconventional natural gas and oil development in the region In Asia-Pacific region is driving the product demand in the region. The China dominate the Asia Pacific region, as increasing demand for natural gas and oil in the country.
The North America region is expected to witness the highest growth at a CAGR of xx% during . The region&#;s growth is attributed to increased drilling and completion activities in U.S. and Canada. The oil and gas sector is an important element of the US economy, and fracking has been utilised on approximately 90% of the country's oil and gas rigs. Hydraulic fracking's efficiency has led to a significant expansion of drilling, resulting in boosting the demand for proppant in the region.
The objective of the report is to present a comprehensive analysis of the Proppant Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The reports also help in understanding the Proppant Market dynamic, structure by analyzing the market segments and projecting the Proppant Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Proppant Market make the report investor&#;s guide.
Proppant Market Scope: Inquire before buying
Proppant Market
Report Coverage
Details
Base Year:
Forecast Period:
-
Historical Data:
to
Market Size in :
US $ 9.52 Bn.
Forecast Period to CAGR:
6.9%
Market Size in :
US $ 15.19 Bn.
Segments Covered:
by Type
Frac Sand
Resin Coated Proppant
Ceramic Proppant
by Application
Shale Gas
Tight Gas
Coalbedmethane
Others
by Ceramic Proppant
High Strength Ceramic Proppant
Intremediate Strength Ceramic Proppants
Light Weight Ceramic Proppant
Others
Proppant Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players:
1. Superior Silica Sands LLC
2. Bagder Mining Corporation
3. Frequently Asked Questions:
1] What segments are covered in the Proppant Market report?
Ans. The segments covered in the Proppant Market report are based on Type, Application and Ceramic Proppant.
2] Which region is expected to hold the highest share in the Proppant Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Proppant Market.
3] What is the market size of the Proppant Market by ?
Ans. The market size of the Proppant Market by is US $ 15.19 Bn.
4] What is the forecast period for the Proppant Market?
Ans. The Forecast period for the Proppant Market is -.
5] What was the market size of the Proppant Market in ?
Ans. The market size of the Proppant Market in was US $ 9.52 Bn.
reached a value of US $ 9.52 Bn. in . Frac sand is one of the dominating segment of the Global Proppant Market.Proppant is a small size ceramics ball, which are used to keep the artificial or hydraulic fractures to keep the shale rocks fractures open. It prevents opened fracture from closing on release of pressure. They help in oil and gas production by forming a conduit for hydrocarbons to flow more freely through. It comes in a variety of shapes, sizes, densities, and quality, and it plays an important role in determining the eventual permeability of fissures. It's mixed into a fracking fluid, which can be gel, foam, or slickwater&#;based and can vary in composition depending on the type of fracturing applied. There may also be unconventional fracking fluids. At low closure stresses, large mesh proppants have larger permeability than small mesh proppants, but at high closure stresses, mechanical failure occurs, resulting in very tiny particles, therefore smaller mesh proppants surpass large mesh proppants in permeability after a certain verge of stress. The combination of horizontal drilling and multistage fracturing technology has fundamentally transformed the oil and gas production landscape across the globe. Exploration and production companies are incorporating more sand each stage into their drilled and completed horizontals, a trend that is expected to accelerate over time. The average sand consumption per horizontal well has tripled since , and it is expected to continue to rise due to longer laterals and higher loadings per lateral foot. The development of technologies to promote the use of natural sand/Frac sand instead of ceramic sand has resulted in a strong demand for drilling proppants. The use of frac sand decreases the raw material price by more than 50%. According to the US EIA, hydraulic fracturing is used in 95 % of wells drilled, which reflects well for the hydraulic fracturing business. The revenues generated from the hydraulic fracturing & services market are consistently increasing in the United States and Canada adds to the market's potential growth. Proppants that are meant to keep an induced hydraulic fracture open during the process are clearly required by the service providers. In addition, exploration and production activities are progressing, resulting in a noticeable increase in demand in the hydraulic fracturing industry, which is driving the proppants market growth. Ceramic proppants are generated using an energy-intensive manufacturing method from sintered bauxite, kaolin, and magnesium silicate or combinations of bauxite and kaolin. This manufacturing method is complicated because the proppants must be consistent in size, shape, sphericity, and roundness in order for the proppants bed to have increased porosity and permeability. Ceramic proppants outperform frac sand in terms of strength and crush resistance, able to endure closing stresses ranging up to 20,000 psi. Because ceramic proppants are a designed product with a more complex production process, they are more expensive than uncoated or resin-coated proppants. The cost of ceramic proppants is about 50% higher than that of frac sand.Proppants were valued at the US $ 0.68 to 1.27 per kg in all across the globe. For Instance, Ceramic proppants ranged in price from the US $ 1.02 to 1.24 per kg in the same year. By , proppants are expected to see a modest increase in price, with a range of US $ 0.74 to 1.42 per kilogram. The accessibility and pricing of raw materials are expected to influence the price adjustment, and demand for proppants is expected to increase significantly during the forecast period.the Proppant Market is segmented into Frac Sand, Resin Coated Proppant, and Ceramic Proppant. The Frac Sand segment held the largest market share accounting for 83% in . The segment growth is mainly attributed to its lower cost as compared to other types of proppant. Frac sand is a common type of proppant. It's a high-purity sandstone proppant, which is found in nature. These proppants are most commonly used with a 6,000 psi closure pressure. Depending on the fracking job, they can be as little as 0.1 millimetres in diameter or as large as 2 millimetres in diameter. The growing use of frac sand in exploration and production businesses in the fracturing process is expected to boost the proppant market growth during the forecast period. As Proppant is broadly used in oil and natural gas wells, as well as its cost advantage over other proppants, raw frac sand is the most widely used. Natural gas production is predicted to rise from 342 billion cubic feet per day (bcf/d) in to 554 billion cubic feet per day (bcf/d) by , according to the information given by the US Energy Information Administration (EIA). Shale gas has been produced in Canada since , and by , it is estimated to account for 30 percent of the country's total natural gas production. These factors are expected to drive the Proppant Market growth during the forecast period. The Ceramic Proppant segment is expected to grow significantly at a CAGR of 7.1% during the forecast period. It is mostly used as a frac sand substitute. Ceramic proppants, which are artificial, have a higher crush strength than sand, which limits their use to wells with lower closure stresses.the Proppant Market is segmented into Shale Gas, Tight Gas, Coalbedmethane, and Others. The Shale Gas segment held the largest market share, accounting for 53% in . The segment growth is attributed to the increasing utilization of the material in shale gas extraction across the globe. Shale gas, which contains 70% to 90% methane, is used to create energy as well as for heating and cooking in the home. In terms of both value and volume, North America had the greatest share of the proppant market. In , the region accounted for more than 67.0 percent of the market's value share.Asia Pacific region held the largest market share accounted for 35% in , and is expected to grow at a CAGR of xx% during the forecast period. The growing need for hydraulic fracturing for unconventional natural gas and oil development in the region In Asia-Pacific region is driving the product demand in the region. The China dominate the Asia Pacific region, as increasing demand for natural gas and oil in the country. The North America region is expected to witness the highest growth at a CAGR of xx% during . The region&#;s growth is attributed to increased drilling and completion activities in U.S. and Canada. The oil and gas sector is an important element of the US economy, and fracking has been utilised on approximately 90% of the country's oil and gas rigs. Hydraulic fracking's efficiency has led to a significant expansion of drilling, resulting in boosting the demand for proppant in the region. The objective of the report is to present a comprehensive analysis of the Proppant Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Proppant Market dynamic, structure by analyzing the market segments and projecting the Proppant Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Proppant Market make the report investor&#;s guide.(United States, Canada and Mexico)(UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)(China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)(South Africa, GCC, Egypt, Nigeria and Rest of ME&A)(razil, Argentina Rest of South America)1. Superior Silica Sands LLC 2. Bagder Mining Corporation 3. Unimin Corporation 4. U.S. Silica Holdings Inc. 5. Fores 6. Preferred Sands 7. Saint-Gobain Proppants Inc. 8. CARBO Ceramics Inc. 9. Fairmount Santrol Holdings Inc. 10. Hi-Crush LP Partners 11. Momentive 12. Saint-Gobain 13. Momentive Speciality Chemicals Inc. 14. Borovichi Refractories Plant 15. Mineracao Curimbaba Ltda. 16. Yixing Orient Petroleum Proppant Co. Ltd 17. China Gengsheng Minerals, Inc. 18. Hexion Inc. 19. SmartSand, Inc. 20. ChangQing Proppant 21. Eagle Materials Inc. 22. Baker HughesThe segments covered in the Proppant Market report are based on Type, Application and Ceramic Proppant.The Asia Pacific region is expected to hold the highest share in the Proppant Market.The market size of the Proppant Market by is US $ 15.19 Bn.The Forecast period for the Proppant Market is -.The market size of the Proppant Market in was US $ 9.52 Bn.
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