Proppant Market Strategies and Share 2031
Proppant is defined as a solid material which is designed to keep a hydraulic fracture open at the time of the hydrofracking treatment. It is required to keep the material carefully in terms of sphericity and size so as to maximize well productivity. Proppant products are widely used in hydraulic fracturing of unconventional gases, including shale gas, tight gas, and coal bed methane. The the growing use of proppant in the oil and gas industry has stimulated the demand for proppant across the globe.
MARKET DYNAMICS
The proppant market has witnessed significant growth owing to factors such as the growing demand for FRAC sand proppant. Further, growing demand for ceramic and resin-coated proppants is expected to boost the demand for proppant market. However, the rising cost of ceramic proppant is projected to hamper the proppant market growth over the projected period. Nevertheless, unconventional oil and gas reserves are further expected to fuel the growth of the market.
MARKET SCOPE
The "Global Proppant Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the proppant market with detailed market segmentation by type, application, and geography. The global proppant market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading proppant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global proppant market is segmented on the basis of type and application. On the basis of type, the proppant market is segmented into FRAC sand proppant, resin-coated proppant and ceramic proppant. On the basis of application, the proppant market is segmented into shale gas, tight gas, coal-bed methane and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global proppant market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The proppant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the proppant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the proppant market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global proppant market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The proppant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the proppant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the proppant market in these regions.
MARKET PLAYERS
The reports cover key developments in the proppant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from proppant market are anticipated to lucrative growth opportunities in the future with the rising demand for proppant in the global market. Below mentioned is the list of few companies engaged in the proppant market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the proppant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Carbo Ceramics Inc.
- China Gengsheng Minerals, Inc.
- Fairmount Santrol Holdings Inc.
- Hexion Inc.
- Hi-Crush Partners Lp
- Mineração Curimbaba LTD
- Saint-Gobain Proppants Inc.
- Superior Silica Sands LLC
- U.S. Silica Holdings, Inc.
- Yixing Orient Petroleum Proppant Co., LTD
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Proppant Market - By Type
1.3.2 Proppant Market - By Application
1.3.3 Proppant Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PROPPANT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PROPPANT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PROPPANT MARKET - GLOBAL MARKET ANALYSIS
6.1. PROPPANT - GLOBAL MARKET OVERVIEW
6.2. PROPPANT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PROPPANT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FRAC SAND PROPPANT
7.3.1. Overview
7.3.2. FRAC Sand Proppant Market Forecast and Analysis
7.4. RESIN-COATED PROPPANT
7.4.1. Overview
7.4.2. Resin-Coated Proppant Market Forecast and Analysis
7.5. CERAMIC PROPPANT
7.5.1. Overview
7.5.2. Ceramic Proppant Market Forecast and Analysis
8. PROPPANT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. SHALE GAS
8.3.1. Overview
8.3.2. Shale Gas Market Forecast and Analysis
8.4. TIGHT GAS
8.4.1. Overview
8.4.2. Tight Gas Market Forecast and Analysis
8.5. COAL-BED METHANE
8.5.1. Overview
8.5.2. Coal-Bed Methane Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PROPPANT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Proppant Market Overview
9.1.2 North America Proppant Market Forecasts and Analysis
9.1.3 North America Proppant Market Forecasts and Analysis - By Type
9.1.4 North America Proppant Market Forecasts and Analysis - By Application
9.1.5 North America Proppant Market Forecasts and Analysis - By Countries
9.1.5.1 United States Proppant Market
9.1.5.1.1 United States Proppant Market by Type
9.1.5.1.2 United States Proppant Market by Application
9.1.5.2 Canada Proppant Market
9.1.5.2.1 Canada Proppant Market by Type
9.1.5.2.2 Canada Proppant Market by Application
9.1.5.3 Mexico Proppant Market
9.1.5.3.1 Mexico Proppant Market by Type
9.1.5.3.2 Mexico Proppant Market by Application
9.2. EUROPE
9.2.1 Europe Proppant Market Overview
9.2.2 Europe Proppant Market Forecasts and Analysis
9.2.3 Europe Proppant Market Forecasts and Analysis - By Type
9.2.4 Europe Proppant Market Forecasts and Analysis - By Application
9.2.5 Europe Proppant Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Proppant Market
9.2.5.1.1 Germany Proppant Market by Type
9.2.5.1.2 Germany Proppant Market by Application
9.2.5.2 France Proppant Market
9.2.5.2.1 France Proppant Market by Type
9.2.5.2.2 France Proppant Market by Application
9.2.5.3 Italy Proppant Market
9.2.5.3.1 Italy Proppant Market by Type
9.2.5.3.2 Italy Proppant Market by Application
9.2.5.4 United Kingdom Proppant Market
9.2.5.4.1 United Kingdom Proppant Market by Type
9.2.5.4.2 United Kingdom Proppant Market by Application
9.2.5.5 Russia Proppant Market
9.2.5.5.1 Russia Proppant Market by Type
9.2.5.5.2 Russia Proppant Market by Application
9.2.5.6 Rest of Europe Proppant Market
9.2.5.6.1 Rest of Europe Proppant Market by Type
9.2.5.6.2 Rest of Europe Proppant Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Proppant Market Overview
9.3.2 Asia-Pacific Proppant Market Forecasts and Analysis
9.3.3 Asia-Pacific Proppant Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Proppant Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Proppant Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Proppant Market
9.3.5.1.1 Australia Proppant Market by Type
9.3.5.1.2 Australia Proppant Market by Application
9.3.5.2 China Proppant Market
9.3.5.2.1 China Proppant Market by Type
9.3.5.2.2 China Proppant Market by Application
9.3.5.3 India Proppant Market
9.3.5.3.1 India Proppant Market by Type
9.3.5.3.2 India Proppant Market by Application
9.3.5.4 Japan Proppant Market
9.3.5.4.1 Japan Proppant Market by Type
9.3.5.4.2 Japan Proppant Market by Application
9.3.5.5 South Korea Proppant Market
9.3.5.5.1 South Korea Proppant Market by Type
9.3.5.5.2 South Korea Proppant Market by Application
9.3.5.6 Rest of Asia-Pacific Proppant Market
9.3.5.6.1 Rest of Asia-Pacific Proppant Market by Type
9.3.5.6.2 Rest of Asia-Pacific Proppant Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Proppant Market Overview
9.4.2 Middle East and Africa Proppant Market Forecasts and Analysis
9.4.3 Middle East and Africa Proppant Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Proppant Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Proppant Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Proppant Market
9.4.5.1.1 South Africa Proppant Market by Type
9.4.5.1.2 South Africa Proppant Market by Application
9.4.5.2 Saudi Arabia Proppant Market
9.4.5.2.1 Saudi Arabia Proppant Market by Type
9.4.5.2.2 Saudi Arabia Proppant Market by Application
9.4.5.3 U.A.E Proppant Market
9.4.5.3.1 U.A.E Proppant Market by Type
9.4.5.3.2 U.A.E Proppant Market by Application
9.4.5.4 Rest of Middle East and Africa Proppant Market
9.4.5.4.1 Rest of Middle East and Africa Proppant Market by Type
9.4.5.4.2 Rest of Middle East and Africa Proppant Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Proppant Market Overview
9.5.2 South and Central America Proppant Market Forecasts and Analysis
9.5.3 South and Central America Proppant Market Forecasts and Analysis - By Type
9.5.4 South and Central America Proppant Market Forecasts and Analysis - By Application
9.5.5 South and Central America Proppant Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Proppant Market
9.5.5.1.1 Brazil Proppant Market by Type
9.5.5.1.2 Brazil Proppant Market by Application
9.5.5.2 Argentina Proppant Market
9.5.5.2.1 Argentina Proppant Market by Type
9.5.5.2.2 Argentina Proppant Market by Application
9.5.5.3 Rest of South and Central America Proppant Market
9.5.5.3.1 Rest of South and Central America Proppant Market by Type
9.5.5.3.2 Rest of South and Central America Proppant Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PROPPANT MARKET, KEY COMPANY PROFILES
11.1. CARBO CERAMICS INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHINA GENGSHENG MINERALS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FAIRMOUNT SANTROL HOLDINGS INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HEXION INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HI-CRUSH PARTNERS LP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MINERAçãO CURIMBABA LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAINT-GOBAIN PROPPANTS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SUPERIOR SILICA SANDS LLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. U.S. SILICA HOLDINGS, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YIXING ORIENT PETROLEUM PROPPANT CO., LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Carbo Ceramics Inc.
2. China Gengsheng Minerals, Inc.
3. Fairmount Santrol Holdings Inc.
4. Hexion Inc.
5. Hi-Crush Partners Lp
6. Mineração Curimbaba LTD
7. Saint-Gobain Proppants Inc.
8. Superior Silica Sands LLC
9. U.S. Silica Holdings, Inc.
10. Yixing Orient Petroleum Proppant Co., LTD
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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