Frac sand (or fracking sand) refers to sand and similar small materials that are used during the process of hydraulic fracturing, a method for extracting underground Natural Gas Exploration from shale gas formations. Fracking sand is a “proppant.” A proppant is a material used to “prop” open the underground cracks from which Natural Gas Exploration is harvested during the fracturing process. These gases include petroleum fluids such as oil, Natural Gas Exploration, and Natural Gas Exploration liquids from rock units (that don’t have enough pore space allowing fluids to flow to a well).
LPI (LP Information)’ newest research report, the “Frac Sand Industry Forecast” looks at past sales and reviews total world Frac Sand sales in 2022, providing a comprehensive analysis by region and market sector of projected Frac Sand sales for 2023 through 2029. With Frac Sand sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frac Sand industry.
This Insight Report provides a comprehensive analysis of the global Frac Sand landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Frac Sand portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Frac Sand market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frac Sand and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Frac Sand.
The global Frac Sand market size is projected to grow from US$ 6270.3 million in 2022 to US$ 16410 million in 2029; it is expected to grow at a CAGR of 16410 from 2023 to 2029.
Global Frac Sand key players include U.S Silica, Fairmount Santrol, Preferred Sands, Badger Mining Corporation, Unimin Corporation etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share over 80%, followed by Asia and Europe, both have a share over 10% percent.
In terms of product, Northern White Sand is the largest segment, with a share over 80%. And in terms of application, the largest application is Natural Gas Exploration followed by Oil Exploitation.
This report presents a comprehensive overview, market shares, and growth opportunities of Frac Sand market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Frac Sand Includes:
U.S Silica
Fairmount Santrol
Preferred Sands
Badger Mining Corporation
Unimin Corporation
Mammoth Energy Service, Inc.
Emerge Energy Services LP
Carbo Ceramics
Hi-Crush Partners LP
Smart Sand Inc.
Chongqing Changjiang
Market Segment by Type, covers:
Northern White Sand
Brown (Brady) Sand
Other
Market Segment by Applications, can be divided into:
Oil Exploitation
Natural Gas Exploration
Key Questions Addressed in this Report
What is the 10-year outlook for the global Frac Sand market?
What factors are driving Frac Sand market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Frac Sand market opportunities vary by end market size?
How does Frac Sand break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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