Global Proppants Market 2023

The global proppants market size is projected to grow by USD 3.8 billion from 2023 to 2029, registering a CAGR of 6.7 percent, according to the latest market data.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, application, and region. The global market data on proppants can be segmented by product: ceramic proppants, raw frac sand, resin-coated proppants. The raw frac sand segment captured the largest share of the market in 2022. Proppants market is further segmented by application: coalbed methane, shale gas, tight gas, others. The shale gas segment held the largest share of the global proppants market in 2022 and is anticipated to hold its share during the forecast period. Based on region, the proppants market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the proppants market.

The ceramic proppants market is further segmented into high strength ceramic proppants, intermediate strength ceramic proppants, light weight ceramic proppants, others. According to the research, the high strength ceramic proppants segment had the largest share in the global proppants market.

The global proppants market is highly competitive. The prominent players operating in the global proppants market include Ashapura Minechem Ltd., Badger Mining Corporation (BMC), Baker Hughes Company, Carbo Ceramics Inc., Covia Holdings LLC (Unimin Corporation), Emerge Energy Services LP, EOG Resources Inc., Fairmount Santrol Holdings Inc., Hexion Inc., Hi-Crush Partners LP, Pattison Sand Company LLC, Pioneer Natural Resources Company, Preferred Sands Inc., Sierra Frac Sand LLC, U.S. Silica Holdings Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.



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