Global Proppant Market Size By Type, By Application, By Geographic Scope And Forecast

Sep 2021| VMR4915A| Verified Market Research

Report Highlights

Proppant Market Size And Forecast

Proppant Market was valued at USD 8.5 Billion in 2019 and is projected to reach USD 15.24 Billion by 2027, growing at a CAGR of 7.7% from 2020 to 2027.

The Proppant Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Proppant Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Proppant Market Overview

The growing acceptance of ceramic proppant owing to its high strength and crush resistance properties is likely to fuel the growth of the proppant market over the predicted years. Also, the rising demand from the construction industry and increasing application of proppants in hydraulic fracturing to keep the fractures open and to impart high permeability to unconventional plays expects a boost to the market in the coming years. Moreover, the development of non-phenolic resin-coated proppants is a lucrative opportunity for the market to grow over the forecast period.

This report provides an all-inclusive environment of the analysis for the Proppant Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Proppant Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Proppant Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Proppant Market.

Global Proppant Market Segmentation Analysis

The Global Proppant Market is Segmented on the basis of Type, Application, And Geography.

Key Players In Proppant Market

The Global Proppant Market study report will provide a valuable insight with an emphasis on the global market including some of the major players are Carbo Ceramics Inc., JSC Borovichi Refractories Plant, Saint-Gobain Proppant Inc., Hi-Crush Partners LP, Hexion Inc., U.S. Silica Holdings Inc., Minerao Curimbaba Ltda, Yixing Orient Petroleum Proppant Co., Ltd., Fairmount Santrol Holdings Inc., and China Gengsheng Minerals, Inc.


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