The proppants market size was USD 9.27 Billion in 2023 and is expected to reach USD 20.10 Billion by 2032 and grow at a CAGR of 8.89% over the forecast period of 2024-2032. The report provides an in-depth analysis of production capacity and utilization by country and proppant type, highlighting key regions such as North America, Asia-Pacific, and Europe. It examines raw material and feedstock price fluctuations, including silica sand, bauxite, and resin, impacting production costs. The report explores regulatory impacts on frac sand mining and proppant usage, focusing on environmental policies in major markets. Additionally, it assesses emissions, waste management, and sustainability initiatives in proppant manufacturing. Innovation trends in high-performance proppants, including advanced resin-coated and ceramic variants, are also covered. The report further analyzes demand and consumption trends across key oil & gas applications, such as shale exploration and deepwater drilling. This comprehensive analysis provides valuable insights for stakeholders navigating the evolving proppants market.
The proppants market in the U.S. accounted for the largest share around 83% in 2023. It is owing to the presence of large shale gas and tight oil production in the country, especially in the Permian Basin, Marcellus, Eagle Ford, and Bakken formations. Fracking & Horizontal Drilling Creates Massive Demand for Frac Sand, Resin-Coated and Ceramic Proppants Nearby silica sand reserves, especially from Wisconsin and Texas, help reduce material costs and guarantee supply for the country. The market is further propelled by government policies promoting domestic energy production, and also by the development of new technologies to further develop enhanced oil recovery (EOR). Also, these major oilfield service providers such as Halliburton, Schlumberger, and Baker Hughes reinforce the proppants industry of the United States.
Drivers
Rising shale gas and tight oil exploration which drives market growth.
An increase in shale gas and tight oil exploration is one of the major factors driving the growth of the proppants market, due to the wider acceptance of hydraulic fracturing (fracking) technology mainly in some key oil-producing regions. U.S. shale production, especially in the Permian Basin, Eagle Ford, and Bakken formations, has grown immensely due to government backing and technological innovation. The same applies to Canada, with the development of unconventional oil and gas reserves focused on the Montney and Duvernay formations, and at Sichuan Basin in China. With demand for frac sand, resin-coated proppants & ceramic proppants climbing as fracking operations become more aggressive, oil and gas recoveries levels are boosted. Moreover, the worldwide energy transition and energy security issue, have converted the increase of home oil & gas manufacturing efforts and, in flip, the demand for proppants.
Restraint
High operational and transportation costs which may hamper the market growth.
Its high operational and transportation costs hamper the growth of such types of proppants, which in turn is expected to act as a restraint for the growth of the global proppants market. Frac sand is typically produced in key areas of the country, mainly the U.S. Midwest (Wisconsin and Minnesota) where these sands are mined, washed dried, and industrially processed and then transported long distances at higher logistic costs the main oil and gas basins, mainly Permian, Bakken and Eagle Ford. During the down markets for oil and gas, the expense of rail, trucking, and storage alone already inflated the cost of the rail services that apply to overall well which make it unappealing economically to the oilfield operators. Moreover, infrastructure constraints, including insufficient rail capacity and trucking shortages, intensify transportation costs. Much more expensive are resin-coated and ceramic proppants, which provide higher performance, but whose complicated and lengthy manufacturing processes and high raw material costs limit their broad use. This has sparked regional in-basin sand being seen as a cost-effective alternative by many oil and gas companies, stifling the growth trajectory of higher-grade proppants moving forward.
Opportunity
Rising investments in oilfield infrastructure and logistics create an opportunity in the market.
Oilfield infrastructure and logistics investments are on the rise and offer a massive opportunity in the proppants market as investing companies will pursue the least-cost option by ensuring secure supply chains and reduced operational costs. As hydraulic fracturing activities become more widespread, the need to transport proppant quickly, store it safely, and handle it seamlessly on-site has naturally increased. There are considerable investments in automated proppant delivery systems, in-basin sand mining plants, and better rail and trucking networks to reduce logistics costs and time and to facilitate well-site productivity. North American developers of unit-train terminals and last-mile trucking solutions are making sure domestic proppants stay cheap and plentiful for shale plays. Mobile proppant storage silos and systems that track inventory in real-time are also some of the innovations growing in popularity to improve efficiency and reduce wastage. Such development in infrastructure reduces transportation costs and helps to more sustainable lifecycle of the textile supply chain by avoiding cumbersome emissions from transporting goods over long distances. Oilfield service providers and proppant manufacturers are also likely to invest more in logistics solutions, which will create a stronger supply chain with improved cost-effectiveness and growth opportunities in the future.
Challenges
High transportation and logistics costs may challenge the market growth.
Proppants market by transportation and logistics costs high transportation and logistics costs a primary inhibitors to the growth in the proppants market, as these materials, particularly frac sand, have to be transported over long distances from mining sites to drilling locations. Because of this, proppants are normally excavated in certain areas only (for example, frac sand in Wisconsin and frac sand in Texas in the U.S.), and they must be shipped very long distances to very long distances to oil and gas basins, which raises costs as a whole. Railroads, trucking, last-mile delivery pretty much all the ways we ship things are getting more expensive, just try finding a place where there is no supply chain issues and rising fuel prices. Inconsistent rail accessibility, infrastructure bottlenecks, and congestion at drilling sites create inconsistencies in the ability to move sand, resulting in additional time and expense. Resin-coated and ceramic proppants, which necessitate extra processing and lengthy hours across the pond, drive up the logistics costs. High transportation costs are expected to impact the profit margins of oilfield service companies and drilling operators, which in turn limits the demand for proppants, particularly in cost-sensitive projects.
By Product Type
Frac Sand held the largest market share around 58% in 2023. It is relatively cost-effective, readily available, and performs well in hydraulic fracturing applications. Sand proppant is widely used, especially in shale gas and tight oil production, because it offers the best trade-off between permeability and conductivity at a lower price than resin-coated and ceramic ones. Operators in the oil and gas industry have opted for high-purity silica sand, following the large deposits within the Midwest U.S. (Wisconsin, Minnesota, and Illinois) and Canada’s Alberta Basin. Further, the improvements in multi-stage fracturing and horizontal drilling techniques led to the need for large volumes of frac sand to enhance well output. It remains the leading proppant due to its lower costs to transport versus alternative proppants and the enviable position in high proppant intensity plays, increased focus on domestic energy production, and other factors.
By Application
The shale gas segment has the largest share around 38% in 2023. It is due to the production was driven by key basins, including the Permian, Marcellus, Eagle Ford, and Sichuan Basin that propel the proppant demand. Shale gas extraction depends on high quantities of proppants, majorly frac sand filled in the fracture again, resin-coated proppants, and ceramic proppants, which are being utilized to keep the openings open and allow the hydrocarbon to flow. Shale gas exploration has also been encouraged by government support and energy security policy, especially in North America, where it has further decreased reliance on imports. The lower cost of extracting shale gas compared to conventional gas sources and an ever-growing global appetite for cleaner energy alternatives only confirm its place at the top. Shale gas continues to represent the largest proppants segment due to ongoing developments of enhanced oil recovery (EOR) methods and growing unconventional gas reserve investments.
North America held the largest market share around 48% in 2023. It is such as that in the United States and Canada due to shale gas and tight oil production. With the hydraulic fracturing (fracking) and horizontal drilling process, the demand increased for frac sand, resin-coated proppants, and ceramic proppants to increase production from wells. Proppant consumption is also fueled by the presence of major shale formations like the Permian Basin, Marcellus, Eagle Ford, and Montney. Continued exploration and production activities have also been supported by favorable government policies, technology developments, and energy security initiatives. These include a mature supply chain, large deposits of silica sand, and strong investments from major oilfield service providers establishing the area as the primary player in the global proppants sector.
Asia Pacific held a significant market share in 2023. The domestic gas production demand also propels the market in Australia with the Cooper Basin and Canning Basin in the region over the coming period. In addition, infrastructure among oilfield service providers has encouraged technological advancements in fracking techniques which, combined with other improvements, has only increased proppant demand. Furthermore, Asia-Pacific, with its increasing regional industrialization and continuing regional energy security concerns, will remain the backbone of future growth in oil and gas exploration, reinforcing its position as a major proppants market.
CARBO Ceramics Inc. (CARBOHSP Ceramic Proppant, CARBOLITE Lightweight Proppant)
U.S. Silica Holdings Inc. (Silica Sand Proppant, Resin-Coated Proppant)
Covia Holdings LLC (Unifrac Resin-Coated Sand, Unifrac Ceramic Proppant)
Hi-Crush Inc. (Northern White Sand, In-Basin Sand)
Hexion Inc. (XRT Resin-Coated Proppant, Prime Plus Proppant)
Saint-Gobain Proppants (Sintered Bauxite Proppant, Sintered Kaolin Proppant)
Badger Mining Corporation (BadgerFrac Industrial Sand, BadgerCoated Resin-Coated Sand)
Emerge Energy Services LP (Superior Silica Sands, White Frac Sand)
Preferred Sands (Preferred Resin-Coated Sand, Preferred White Sand)
Fairmount Santrol Holdings Inc. (Santrol Proppant, Propel SSP Proppant)
Atlas Sand Company, LLC (Atlas White Sand, Atlas In-Basin Sand)
Mineração Curimbaba (Ceramic Proppant, Lightweight Proppant)
Xinmi Wanli Industry Development Co., Ltd. (Wanli Ceramic Proppant, Ultra Lightweight Proppant)
China GengSheng Minerals, Inc. (Ceramic Proppant, High-Strength Proppant)
ChangQing Proppant (Ceramic Proppant, Intermediate-Strength Proppant)CoorsTek Inc. (Ceramic Proppant, High-Density Proppant)
Eagle Materials Inc. (Frac Sand, Resin-Coated Proppant)
Fores LTD (Ceramic Proppant, Lightweight Proppant)
Halliburton (SandCastle PS-2500 Vertical Storage Silo, SandForce Advanced Proppant Delivery System)
Baker Hughes Company (Ceramic Proppant, Resin-Coated Sand)
Recent Development:
In February 2024, Atlas Energy Solutions Inc. finalized an agreement to acquire Hi-Crush Inc.'s North American proppant production assets and logistics operations.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD9.27 Billion |
| Market Size by 2032 | USD 20.10 Billion |
| CAGR | CAGR of8.98 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Frac Sand, Resin-coated Proppant, Ceramic Proppant) •By Application (Shale Gas, Tight Gas, Coal Bed Methane, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | CARBO Ceramics Inc., U.S. Silica Holdings Inc., Covia Holdings LLC, Hi-Crush Inc., Hexion Inc., Saint-Gobain Proppants, Badger Mining Corporation, Emerge Energy Services LP, Preferred Sands, Fairmount Santrol Holdings Inc., Atlas Sand Company LLC, Mineração Curimbaba, Xinmi Wanli Industry Development Co. Ltd., China GengSheng Minerals Inc., ChangQing Proppant, CoorsTek Inc., Eagle Materials Inc., Fores LTD, Halliburton, Baker Hughes Company |
Ans: The Proppants Market was valued at USD 9.27 Billion in 2023.
Ans: The expected CAGR of the global Proppants Market during the forecast period is 8.98%
Ans: Frac Sand will grow rapidly in the Proppants Market from 2024-2032.
Ans: Rising shale gas and tight oil exploration drives market growth.
Ans: North America led the Proppants Market in the region with the highest revenue share in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by Country, By Type 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Proppants Market Segmentation, By Type
7.1 Chapter Overview
7.2 Frac Sand
7.2.1 Frac Sand Trends Analysis (2020-2032)
7.2.2 Frac Sand Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Resin-coated Proppant
7.3.1 Resin-coated Proppant Market Trends Analysis (2020-2032)
7.3.2 Resin-coated Proppant Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Ceramic Proppant
7.4.1 Ceramic Proppant Trends Analysis (2020-2032)
7.4.2 Ceramic Proppant Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Proppants Market Segmentation, By Application
8.1 Chapter Overview
8.2 Shale Gas
8.2.1 Shale Gas Market Trends Analysis (2020-2032)
8.2.2 Shale Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Tight Gas
8.3.1 Tight Gas Market Trends Analysis (2020-2032)
8.3.2 Tight Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Coal Bed Methane
8.4.1 Coal Bed Methane Market Trends Analysis (2020-2032)
8.4.2 Coal Bed Methane Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Others
8.5.1 Others Market Trends Analysis (2020-2032)
8.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.4 North America Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.5.2 USA Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.6.2 Canada Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.6.2 France Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.4 Asia Pacific Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 China Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 India Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 Japan Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.9.2 Australia Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.4 Africa Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Proppants Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.4 Latin America Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Proppants Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Proppants Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 CARBO Ceramics Inc.
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 U.S. Silica Holdings Inc.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 Covia Holdings LLC
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Hi-Crush Inc.
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 Hexion Inc.
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 Saint-Gobain Proppants
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 Emerge Energy Services LP
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Fairmount Santrol Holdings Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 Atlas Sand Company, LLC
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 Eagle Materials Inc.
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Type
Frac Sand
Resin-coated Proppant
Ceramic Proppant
By Application
Shale Gas
Tight Gas
Coal Bed Methane
Others
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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