Download PDF Brochure: https://www.
Browse
- 114 Market data Tables
- 53 Figures
- 166 Pages and in-depth TOC on “Proppants Market – Global Forecast to 2025″
Proppants Market Research Coverage:
This research report categorizes the proppants market on the basis of type, application, ceramic proppant and region. The report includes detailed information regarding the major factors influencing the growth of the proppants market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, new product developments, agreements, and recent developments associated with the market.
Proppants Market Study Coverage
The scope of the report includes detailed information regarding the major factors influencing the growth of the proppants market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players provides insights into business overviews, products & services, key strategies, and recent developments associated with the market. The proppants market has been segmented on the basis of type, application, ceramic proppants, and region.
This report also provides a comprehensive analysis of the companies listed below:
Carbo Ceramics Inc. (US), COVIA (US, JSC Borovichi Refractories Plant (Russia), U.S. Silica Holdings Inc. (US), Hi-Crush Inc. (US), Mineração Curimbaba (
- In March 2020, COVIA completed the expansion of its Canoitas facility located in Mexico. The expansion will enable COVIA to add 350 tons of annual silica production capacity to support the growth of customers in Mexico.
- In March 2020, COVIA expanded the capacbilities of its facility in North America to serve coating & polymers end-markets and create a highly efficient modern facility and the project cost was approximately USD 45 million.
- In May 2019, Hi-Crush Inc. acquired Proppant Logistics LLC which owns Pronghorn Logistics LLC. The company provides end-to end logistic services for proppants.
Frac Sand is estimated to be the largest type in the proppants market
Frac sand is a widely used proppant. It is a naturally occurring proppant made from high purity sandstone. These proppants are mostly applicable under closure pressure of 6,000 psi. US is the largest proppants market in the world and holds a significant share in the global market. In the US proppants market, frac sand is estimated to hold a major share, making frac sand to be the largest type in the proppants market
North America accounted for the largest share in the global proppants market
North America is the largest consumer of proppants because of large shale gas, tight gas, and coal bed methane reserves in the region. The hydraulic fracturing market is mainly concentrated in the US, accounting for more than 85% of the overall North American market, which has resulted in high demand for proppants in the country. The US is currently the largest shale gas producing country worldwide with 862 Tcf shale gas reserves. The oil & gas industry makes up a significant part of the US economy, and around 90% of the oil & gas rigs in the country have used fracking. The efficiency in hydraulic fracking has led to the massive expansion of drilling, which helped the energy prices to be historically low.
Inquire Now: https://www.
Trending Chemicals Industry Reports:
