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Proppant Market by Type (Frac Sand, Ceramic & Resin Coated) - Global Trends & Forecast to 2019

By: marketsandmarkets.com
Publishing Date: September 2014
Report Code: AD 2734

 

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Hydraulic fracturing is propagation of fractures through layers of rock using pressurized fracturing fluid. This technique is primarily used in the extraction of resources from low permeability reservoirs such as shale gas, tight gas, and unconventional liquids which are difficult to recover through regular drilling procedures.

Fracturing fluid is used in this process. It consists of water, proppant, chemical additives, and guar gum. Proppant is the most integral constituent of the fracturing fluid after water. Proppant material keeps the generated fractures propped open and helps continued oil and gas recovery. It is one of the basic materials widely used in the oil and gas industry for hydraulic fracturing. The high quality and increase in the crude oil prices are some of the major reasons that create an upsurge in the demand in proppant market.

Currently, there are three main types of proppants: frac sand proppant, resin coated proppants (RCP), and ceramic proppants. Each proppant type has its own advantages and disadvantages, and reservoir engineers decide on the type to be used depending on geology, availability, prices, and government regulations.

The proppant market is experiencing enormous growth which is expected to continue in the near future, mainly driven by high growth in North America, Asia-Pacific, and RoW regions. The North American region is a major consumer of proppant and has accounted for about 78.3% market share in terms of volume in 2013. The region is further expected to witness a high growth in the future, mainly due to the high growth potential of the U.S market.

The study mainly aims to estimate the market of proppant for 2014 and is projected up to 2019. This market research study provides a detailed qualitative and quantitative analysis of the proppant market. Various secondary sources such as encyclopedia, directories, industry journals, and databases have been used to identify and collect information useful for this extensive commercial study of the proppant market. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the proppant market.

The market size in terms of value of the proppant market in 2013 was estimated to be about 45.12 million tons and is projected to reach 84.20 million tons by 2019, at a CAGR of 10.7% from 2014 to 2019. The proppant market is estimated to reach $19,022.71 million by 2019.

The competitive scenarios of the top players in the proppant market have been discussed in detail. Leading players of this industry have been also profiled with their recent developments and other strategic industry activities. These include the key proppant manufacturers such as Carbo Ceramics (U.S), U.S. Silica (U.S.), Unimin Corporation (U.S.), Santrol (U.S.), and Hi crush LP Partners (U.S.).

Scope of the report:

This research report categorizes the global market for proppant on the basis of types and region along with the forecasted market size in terms of value and volume, and analyzing the trends in each of the submarkets.

Proppant Market on the basis of types:

  • Frac sand
  • Ceramic
  • Resin coated

Proppant Market on the basis of region:

  • Asia-Pacific
  • North America
  • Europe
  • RoW

The market is further analyzed for key countries in each of these regions.

Table of Contents 
 
1 Introduction (Slide No. - 28)
    1.1 Objectives of the Study
    1.2 Report Description
    1.3 Stakeholders
    1.4 Research Methodology
          1.4.1 Market Size
          1.4.2 Key Data Taken From Secondary Sources
          1.4.3 Key Data Taken From Primary Sources
          1.4.4  Assumptions Made for This Report
    1.5 Key Questions Answered

2 Executive Summary (Slide No. - 41)
    2.1 Introduction
    2.2 Industry Snapshot

3 Premium Insights (Slide No. - 44)
    3.1 Proppant Market Segmentation
    3.2 Proppant Market Share (Volume), By Type, 2013 Vs 2019
    3.3 Proppant Market Share (Volume), By Region, 2013 Vs 2019
    3.4 Proppant Market Share (Volume), By Region, 2012-2019
    3.5 Proppant Market Size, By Country, 2013 ($Million)
    3.6 Proppant Market Outlook, By Type, 2014-2019
    3.7 Proppant Market Outlook, By Region, 2014-2019

4 Market Overview (Slide No. - 54)
    4.1 Introduction
    4.2 Types of Proppant
    4.3 Proppant Comparison
    4.4 Proppant Selection
    4.5 Burning Issues
          4.5.1 Supply Chain Management
          4.5.2 North American Natural Gas Supply Glut & Depressed Prices
          4.5.3 Guar Gum Supply Concerns
    4.6 Winning Imperatives
    4.7 Market Dynamics
          4.7.1 Drivers
          4.7.2 Restrains
    4.8 Impact Analysis: Drivers & Restraints
    4.9 Opportunity
    4.10 Value Chain Analysis
    4.11 Porter’s Five forces Analysis
    4.12 Market Share Analysis

5 Hydraulic Fracturing (Slide No. - 76)
    5.1 Introduction
    5.2 Types of Hydraulic Fracturing
    5.3 Market Scenario
    5.4 Significant Number of Shale Plays Present Globally
    5.5 Number of Shale Plays
    5.6 Industry Adheres to Stringent Laws
    5.7 Regulations Governing Hydraulic Fracturing

6 Market Analysis, By Region (Slide No. - 85)
    6.1 Introduction
    6.2 Global Proppant Market Size, By Region, 2012–2019 (MT)
    6.3 Global Proppant Market Size, By Region, 2012–2019 ($Million)
    6.4 Frac Sand Proppant Market Size, By Region, 2012–2019 (MT)
    6.5 Frac Sand Proppant Market Size, By Region, 2012–2019 ($Million)
    6.6 Ceramic Proppant Market Size, By Region, 2012–2019 (MT)
    6.7 Ceramic Proppant Market Size, By Region, 2012–2019 ($Million)
    6.8 Resin Coated Proppant Market Size, By Region, 2012–2019 (MT)
    6.9 Resin Coated Proppant Market Size, By Region, 2012–2019 ($Million)
    6.10 North America: Proppant Market Size, By Country
           6.10.1 North America: Proppant Market Size, By Region, 2012–2019 (MT)
           6.10.2 North America: Proppant Market Size, By Region, 2012–2019 ($Million)
           6.10.3 North America: Proppant Market, By Country
                      6.10.3.1 North America: Frac Sand Proppant Market Size, By Country, 2012–2019
                      6.10.3.2 North America: Ceramic Proppant Market Size, By Country, 2012–2019
                      6.10.3.3 North America: Resin Coated Proppant Market Size, By Country, 2012–2019
    6.11 Europe: Proppant Market Size, By Country
           6.11.1 Europe: Proppant Market Size, By Region, 2012–2019 (MT)
           6.11.2 Europe: Proppant Market Size, By Region, 2012–2019 ($Million)
           6.11.3 Europe: Proppant Market, By Country
                      6.11.3.1 Europe: Frac Sand Proppant Market Size, By Country, 2012–2019
                      6.11.3.2 Europe: Ceramic Proppant Market Size, By Country, 2012–2019
                      6.11.3.3 Europe: Resin Coated Proppant Market Size, By Country, 2012–2019
    6.12 Asia-Pacific: Proppant Market Size, By Country
           6.12.1 Asia-Pacific: Proppant Market Size, By Region, 2012–2019 (MT)
           6.12.2 Asia-Pacific: Proppant Market Size, By Region, 2012–2019 ($Million)
           6.12.3 Asia-Pacific: Proppant Market, By Country
                      6.12.3.1 Asia-Pacific: Frac Sand Proppant Market Size, By Country, 2012–2019
                      6.12.3.2 Asia-Pacific: Ceramic Proppant Market Size, By Country, 2012–2019
                      6.12.3.3 Asia-Pacific: Resin Coated Proppant Market Size, By Country, 2012–2019
    6.13 Rest of the World: Proppant Market Size, By Country
           6.13.1 Rest of the World: Proppant Market Size, By Region, 2012–2019 (MT)
           6.13.2 Rest of the World: Proppant Market Size, By Region, 2012–2019 ($Million)
           6.13.3 Rest of the World: Proppant Market, By Country
                      6.13.3.1 Rest of the World: Frac Sand Proppant Market Size, By Country, 2012–2019
                      6.13.3.2 Rest of the World: Ceramic Proppant Market Size, By Country, 2012–2019
                      6.13.3.3 Rest of the World: Resin Coated Proppant Market Size, By Country, 2012–2019

7 Market Analysis, By Type (Slide No. - 124)
    7.1 Introduction
    7.2 Proppant Market Size, By Type, 2012-2019 (MT)
    7.3 Proppant Market Size, By Type 2012-2019 ($Million)
    7.4 North America Proppant Market Size, By Type, 2012-2019 (MT)
    7.5 North America: Proppant Market Size, By Type, 2012-2019 ($Million)
           7.5.1 U.S: Proppant Market Size, By Type, 2012-2019
           7.5.2 Canada: Proppant Market Size, By Type, 2012-2019
           7.5.3 Mexico: Proppant Market Size, By Type, 2012-2019
    7.6 Europe: Proppant Market Size, By Type, 2012-2019 (MT)
    7.7 Europe: Proppant Market Size, By Type, 2012-2019 ($Million)
           7.7.1 Russia: Proppant Market Size, By Type, 2012-2019
           7.7.2 Poland: Proppant Market Size, By Type, 2012-2019
           7.7.3 Other European Countries, Proppant Market Size, By Type, 2012-2019
    7.8 Asia- Pacific: Proppant Market Size, By Type, 2012-2019 (MT)
    7.9 Asia-Pacific: Proppant Market Size, By Type, 2012-2019 ($Million)
           7.9.1 China: Proppant Market Size, By Type, 2012-2019
           7.9.2 India: Proppant Market Size, By Type, 2012-2019
           7.9.3 Australia: Proppant Market Size, By Type, 2012-2019
           7.9.4 Other: Asia-Pacific Countries, Proppant Market Size, By Type, 2012-2019
    7.10 Rest of World: Proppant Market Size, By Type, 2012-2019 (MT)
    7.11 Rest of the World: Proppant Market Size, By Type, 2012-2019 ($Million)
           7.11.1 Argentina: Proppant Market Size, By Type, 2012-2019
           7.11.2 Brazil: Proppant Market Size, By Type, 2012-2019
           7.11.3 Colombia: Proppant Market Size, By Type, 2012-2019
           7.11.4 Others: Rest of the World Proppant Market Size, By Type, 2012-2019

8 Competitive Landscape (Slide No. - 152)
    8.1 Introduction
    8.2 Major Developments in the Global Proppant Market
    8.3 Patent Analysis

9 Company Profiles (Slide No. - 162)
    9.1 Carbo Ceramics
    9.2 Saint-Gobain Proppants
    9.3 Hi-Crush Partners LP
    9.4 Momentive Speciality Chemicals Inc.
    9.5 Borovichi Refractories Plant (Borprop)
    9.6 Mineracao Curimbaba Ltda.
    9.7 Yixing Orient Petroleum Proppant Co. Ltd
    9.8 U.S. Silica Holdings Inc.
    9.9 Santrol
    9.10 fores Ltd.
    9.11 Unimin Corporation


List of Tables (83 Tables) 

Table 1 Proppant: Industry Snapshot
Table 2 Proppant Comparison, By Shape, Strength & Conductivity
Table 3 Country-Wise Shale Plays, By Capacity (TCF)
Table 4 Number of Shale Plays, By Region
Table 5 Regulations Governing Hydraulic Fracturing
Table 6 Global Proppant Market Size, By Region, 2012–2019 (MT)
Table 7 Global Proppant Market Size, By Region, 2012–2019 ($Million)
Table 8 Frac Sand Proppant Market Size, By Region, 2012–2019 (MT)
Table 9 Frac Sand Proppant Market Size, By Region, 2012–2019 ($Million)
Table 10 Ceramic Proppant Market Size, By Region, 2012–2019 (MT)
Table 11 Ceramic Proppant Market Size, By Region,2012–2019 ($Million)
Table 12 Resin Coated Proppant Market Size, By Region, 2012–2019 (MT)
Table 13 Resin Coated Proppant Market Size, By Region, 2012–2019 ($Million)
Table 14 North America: Proppant Market Size, By Region, 2012–2019 (MT)
Table 15 North America: Proppant Market Size, By Region, 2012–2019 ($Million)
Table 16 North America: Frac Sand Proppant Market Size, By Country, 2012–2019 (MT)
Table 17 North America: Frac Sand Proppant Market Size, By Country, 2012–2019 ($Million)
Table 18 North America: Ceramic Proppant Market Size, By Country, 2012–2019 (MT)
Table 19 North America: Ceramic Proppant Market Size, By Country, 2012–2019 ($Million)
Table 20 North America: Resin Coated Proppant Market Size, By Country, 2012–2019 (MT)
Table 21 North America: Resin Coated Proppant Market Size, By Country, 2012–2019 ($Million)
Table 22 Europe: Proppant Market Size, By Region, 2012–2019 (MT)
Table 23 Europe: Proppant Market Size, By Region, 2012–2019 ($Million)
Table 24 Europe: Frac Sand Proppant Market Size, By Country, 2012–2019 (MT)
Table 25 Europe: Frac Sand Proppant Market Size, By Country, 2012–2019 ($Million)
Table 26 Europe: Ceramic Proppant Market Size, By Country, 2012–2019 (MT)
Table 27 Europe: Ceramic Proppant Market Size, By Country, 2012–2019 ($Million)
Table 28 Europe: Resin Coated Proppant Market Size, By Country, 2012–2019 (MT)
Table 29 Europe: Resin Coated Proppant Market Size, By Country, 2012–2019 ($Million)
Table 30 Asia-Pacific: Proppant Market Size, By Region, 2012–2019 (MT)
Table 31 Asia-Pacific: Proppant Market Size, By Region, 2012–2019 ($Million)
Table 32 Asia-Pacific: Frac Sand Proppant Market Size, By Country, 2012–2019 (MT)
Table 33 Asia-Pacific: Frac Sand Proppant Market Size, By Country, 2012–2019 ($Million)
Table 34 Asia-Pacific: Ceramic Proppant Market Size, By Country, 2012–2019 (MT)
Table 35 Asia-Pacific: Ceramic Proppant Market Size, By Country, 2012–2019 ($Million)
Table 36 Asia-Pacific: Resin Coated Proppant Market Size, By Country, 2012–2019 (MT)
Table 37 Asia-Pacific: Resin Coated Proppant Market Size, By Country, 2012–2019 ($Million)
Table 38 Rest of the World: Proppant Market Size, By Region, 2012–2019 (MT)
Table 39 Rest of the World: Proppant Market Size, By Region, 2012–2019 ($Million)
Table 40 Rest of the World: Frac Sand Proppant Market Size, By Country, 2012–2019 (MT)
Table 41 Rest of the World: Frac Sand Proppant Market Size, By Country, 2012–2019 ($Million)
Table 42 Rest of the World: Ceramic Proppant Market Size, By Country, 2012–2019 (MT)
Table 43 Rest of the World: Ceramic Proppant Market Size, By Country, 2012–2019 ($Million)
Table 44 Rest of the World: Resin Coated Proppant Market Size, By Country, 2012–2019 (MT)
Table 45 Rest of the World: Resin Coated Proppant Market Size, By Country, 2012–2019 ($Million)
Table 46 Proppant Market Size, By Type, 2012-2019 (MT)
Table 47 Proppant Market Size, By Type, 2012-2019 ($Million)
Table 48 North America Proppant Market Size, By Type, 2012-2019 (MT)
Table 49 North America: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 50 U.S: Proppant Market Size, By Type, 2012-2019 (MT)
Table 51 U.S:  Proppant Market Size, By Type, 2012-2019 ($Million)
Table 52 Canada: Proppant Market Size, By Type, 2012-2019 (MT)
Table 53 Canada: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 54 Mexico: Proppant Market Size, By Type, 2012-2019 (MT)
Table 55 Mexico: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 56 Europe: Proppant Market Size, By Type, 2012-2019 (MT)
Table 57 Europe: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 58 Russia: Proppant Market Size, By Type, 2012-2019 (MT)
Table 59 Russia: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 60 Poland: Proppant Market Size, By Type, 2012-2019 (MT)
Table 61 Poland: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 62 Other European Countries, Proppant Market Size, By Type, 2012-2019 (MT)
Table 63 Other European Countries, Proppant Market Size, By Type, 2012-2019 ($Million)
Table 64 Asia- Pacific: Proppant Market Size, By Type, 2012-2019 (MT)
Table 65 Asia-Pacific: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 66 China: Proppant Market Size, By Type, 2012-2019 (MT)
Table 67 China: Proppant Market Size, By Type, 2012-2019, ($Million)
Table 68 India: Proppant Market Size, By Type, 2012-2019 (MT)
Table 69 India: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 70 Australia: Proppant Market Size, By Type, 2012-2019 (MT)
Table 71 Australia: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 72 Others: Asia-Pacific Countries, Proppant Market Size, By Type, 2012-2019 (MT)
Table 73 Others: Asia-Pacific Countries, Proppant Market Size, By Type, 2012-2019 ($Million)
Table 74 Rest of the World: Proppant Market Size, By Type, 2012-2019 (MT)
Table 75 Rest of the World: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 76 Argentina: Proppant Market Size, By Type, 2012-2019 (MT)
Table 77 Argentina: Proppant Market Size, By Type, 2012-2019
Table 78 Brazil: Proppant Market Size, By Type, 2012-2019 (MT)
Table 79 Brazil: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 80 Colombia: Proppant Market Size, By Type, 2012-2019 (MT)
Table 81 Colombia: Proppant Market Size, By Type, 2012-2019 ($Million)
Table 82 Others: Rest of the World Proppant Market Size, By Type, 2012–2019 (MT)
Table 83 Others: Rest of the World Proppant Market Size, By Type, 2012-2019 ($Million)


List of Figures (68 Figures) 

Figure 1 Research Methodology: Supply Market
Figure 2 Research Methodology: Demand Side
Figure 3 Research Methodology: Triangulation
Figure 4 Research Methodology: forecasting Model
Figure 5 Proppant Market Segmentation
Figure 6 Proppant Market Share (Volume), By Type, 2013 Vs 2019
Figure 7 Proppant Market Share (Volume), By Region, 2013 Vs 2019
Figure 8 Proppant Market Share (Volume), By Region, 2012-2019
Figure 9 Proppant Market Size, By Country, 2013 ($Million)
Figure 10 Frac Sand Proppant Market Outlook, 2014-2019
Figure 11 Ceramic Proppant Market Outlook, 2014-2019
Figure 12 Resin Coated Proppant Market Outlook, 2014-2019
Figure 13 Proppant Market Outlook, By Region, 2014-2019
Figure 14 Composition of Chemical Additives Used in Hydraulic Fracturing
Figure 15 Types of Proppant
Figure 16 Proppant for Varying Closure Stress
Figure 17 Proppant: Sand, Rcp & Ceramic
Figure 18 Conductivity Comparison: Coated Vs Uncoated Proppant, Under Stress
Figure 19 Proppant Selection Criteria
Figure 20 Proppant Supply Chain
Figure 21 Natural Gas Prices, 2010–2014* ($/Million Btu)
Figure 22 Proppant: Factors Driving  the Market Growth
Figure 23 Proppant: Factors Restraining the Market Growth
Figure 24 Impact Analysis: Drivers & Restraints
Figure 25 Value Chain Analysis
Figure 26 Porter’s Five forces Analysis
Figure 27 Markets Directly Affecting Proppant Demand
Figure 28 Shale Plays, By Region
Figure 29 Concerns of Hydraulic Fracturing
Figure 30 Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 31 Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 32 Frac Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 33 Frac Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 34 Ceramic Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 35 Ceramic Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 36 Resin Proppant Market Size, By Region, 2013 Vs. 2019 (MT)
Figure 37 Resin Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 38 North America: Proppant Market, By Country, 2013
Figure 39 North America: Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 40 North America: Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 41 Europe: Proppant Market, By Country, 2013
Figure 42 Europe: Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 43 Europe: Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 44 Asia-Pacific: Proppant Market, By Country, 2013
Figure 45 Asia-Pacific: Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 46 Asia-Pacific: Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 47 Rest of the World: Proppant Market, By Country, 2013
Figure 48 ROW: Proppant Market Share, By Region, 2013 Vs. 2019 (MT)
Figure 49 ROW: Proppant Market Share, By Region, 2013 Vs. 2019 ($Million)
Figure 50 Global Proppant Market Share, By Type, (MT)
Figure 51 Proppant Market Share, By Type, 2013 Vs 2019 (MT)
Figure 52 Proppant Market Share, By Type, 2013 Vs 2019 ($Million)
Figure 53 North America Proppant Market Share, By Type, 2013 Vs 2019 (MT)
Figure 54 North America Proppant Market Share, By Type, 2013 Vs 2019 ($Million)
Figure 55 Europe: Proppant Market Share, By Type, 2013 Vs 2019 (MT)
Figure 56 Europe: Proppant Market Share, By Type, 2013 Vs 2019 ($Million)
Figure 57 Asia-Pacific: Proppant Market Share, By Type, 2013 Vs 2019 (MT)
Figure 58 Asia-Pacific: Proppant Market Share, By Type, 2013 Vs 2019 ($Million)
Figure 59 Rest of the World: Proppant Market Share, By Type, 2013 Vs 2019 (MT)
Figure 60 Rest of the World: Proppant Market Share, By Type, 2013 Vs 2019 ($Million)
Figure 61 Proppant Market, By Growth Strategy, 2011-2014*
Figure 62 Proppant  Market Developments, By Growth Strategy, 2011-2014*
Figure 63 Proppant Market Strategies, By Key Players, 2011-2014*
Figure 64 Proppant Market Strategies, By Key Player, 2011-2014*
Figure 65 Growth Strategies of Major Companies, 2011-2014*
Figure 66 Patent Analysis, By Type, (2010-2014*)
Figure 67 Patent Analysis, By Region, (2010-2014*)
Figure 68 Patent Analysis, By Company, (2010-2014*)

In 1947, first fracturing was done with fracturing silica sand. Fracturing sand is the basic type of proppant material and is being used since the first fracturing. The R&D on proppant resulted in two comparatively new proppants named resin coated proppants and ceramic proppants. Frac sand is low price untreated sand proppant with lowest conductivity among the three. Ceramic proppants and resin coated proppants are high quality, high strength, and high conductivity proppants; and are used in very low permeability wells or in multiple stages fracturing. Non-grain proppants like CO2, N2, and LPG are on the horizon but will take long time to get commercialized.

Currently, there are three main types of proppants: frac sand, resin coated proppants (RCP), and ceramic proppants. Each proppant type has its own advantages and disadvantages, and reservoir engineers decide on the type to be used depending on geology, availability, prices, and Government regulations. The market size in terms of value of the proppant market in 2013 was estimated to be about 45.12 million tons and is projected to reach 84.20 million tons by 2019, at a CAGR of 10.7% from 2014 to 2019. The proppant market is estimated to reach $19,022.71 million by 2019.

North America holds the majority of the proppant production market with share of almost 78%. Proppant supply chains are well established in North America, since hydraulic fracturing is a well-established technology in the region. There is a combination of drivers, which is pushing its hydraulic fracturing market such as the favorable Government regulations with regard to oil and gas exploration. For example, in the U.S. landowners hold the rights to reserves, which give them motivation to sign leases with oil and gas firms to receive royalties. Also, the geology in North America is more favorable than in other parts of the world, and resources are more accessible. This is due to decades of conventional oil and gas exploration; the U.S. and Canada also have a robust pool of skilled competitive labor. Although the potential impact of hydraulic fracturing has been a worry to North Americans, the density of population is low.

The global Proppant market witnessed a significant growth in the past few years and this trend is estimated to continue in the coming years. Innovative techniques increased emphasis on new technology and new products are driving the market.

The hydraulic fracturing market is mainly concentrated in North America; hence the demand for proppant is largest here, many leading oil field service companies operate. Hence, proppant production is also much bigger than rest of the world. All the big oilfield service companies are operating in the U.S. There are several important players in North American proppant market such as Cadre Proppants (U.S.), Momentive (U.S.), Saint Gobain Proppants (U.S.), Carbo Ceramics (U.S.), and many other small companies in frac sand business.

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