Proppant Market by Type (Frac Sand Proppant, Resin-coated Proppant, Ceramic Proppant), and Region (North America, Europe, Asia-Pacific, South America, and the Middle East & Africa) - Global Forecast to 2022

The proppant market size is estimated to reach USD 7.06 Billion in 2017 and is projected to reach USD 9.87 Billion by 2022, at a CAGR of 6.9% between 2017 and 2022. The base year considered for the study is 2016, while the forecast period is from 2017 to 2022.

The objectives of the report are as follows:

• To define, describe, and forecast the proppants market on the basis of type and region
• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market
• To analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders
• To forecast the market size, in terms of value, with respect to five main regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa
• To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and expansion in the proppants market
• To strategically profile key players and comprehensively analyze their market shares and core competencies

Research Methodology

The top-down and bottom-up approaches have been used to estimate and validate the size of the proppant market and estimate the sizes of various other dependent submarkets in the overall market. The research study involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the proppant market.

To know about the assumptions considered for the study, download the pdf brochure

The supply chain of the proppant market starts with the sourcing of raw materials, followed by manufacturing of proppant and supplying of finished proppant products. It ends with the use of proppant in the hydraulic fracturing application. Silica sand, sintered bauxite, alumina, kaolin, and magnesium silicate are the raw materials used for the production of proppant. Some of the major players in the proppant market include Carbo Ceramics Inc. (U.S.), Saint-Gobain Proppant Inc. (U.S.), JSC Borovichi Refractories Plant (Russia), Yixing Orient Petroleum Proppant Co., Ltd. (China), U.S. Silica Holdings Inc. (U.S.), Hexion Inc. (U.S.), China GengSheng Minerals, Inc. (China), Fairmount Santrol Holdings Inc. (U.S.), Hi-Crush Partners LP (U.S.), and Mineração Curimbaba Ltda. (Brazil).

Key Target Audience:

• Proppant Manufacturing Companies
• Traders, Distributors, and Retailers
• Raw material SUPPLIERS
• Commercial R&D Institutes
• Research Institute, Trade Association, and Government Agencies

Scope of the report:

This research report categorizes the proppant market based on type and region.

Based on Type:

• Frac Sand Proppant
• Resin-coated Proppant
• Ceramic Proppant

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

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

Available Customizations:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:

Country Information:

• Proppant market analysis for additional countries

Company Information:

• Detailed analysis and profiling of additional market players (up to 5)

Pricing Analysis:

• Detailed pricing analysis for each type of proppant products

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 27)
    4.1 Significant Opportunities in the Proppant Market
    4.2 Proppant Market in Asia-Pacific, By Type and Country
    4.3 Growth of the Proppant Market
    4.4 Proppant Market, By Type

5 Market Overview (Page No. - 29)
    5.1 Introduction
    5.2 Comparison of Proppant Types
           5.2.1 By Closure Stress
           5.2.2 By Shape, Strength, and Conductivity
    5.3 Proppant Selection
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Improvements in Fracturing Technology and New Drilling Techniques
                    5.4.1.2 Increasing Proppant Consumption Per Well
                    5.4.1.3 Innovation in Proppant Technologies is Driving Its Demand for Well Drilling
                    5.4.1.4 Growing Demand for Frac Sand Proppant
                    5.4.1.5 Increasing Demand for Ceramic and Resin-Coated Proppants to Improve Well Economics
           5.4.2 Restraints
                    5.4.2.1 High Cost of Ceramic Proppant
                    5.4.2.2 Oversupply of Crude Oil
           5.4.3 Opportunities
                    5.4.3.1 Unconventional Oil and Gas Reserves
           5.4.4 Challenges
                    5.4.4.1 Water Availability and Contamination Concerns
    5.5 Impact Analysis of Drivers and Restraints

6 Industry Trends (Page No. - 39)
    6.1 Introduction
    6.2 Proppant Market Trends, By Region
           6.2.1 U.S.: Largest Proppant Market
           6.2.2 Europe: Lower Proppant Demand
           6.2.3 Asia-Pacific: Proppant Market Opportunity
    6.3 Supply Chain Analysis
    6.4 Porter’s Five Forces
           6.4.1 Threat of Substitutes
           6.4.2 Threat of New Entrants
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry

7 Macro-Economic Indicators (Page No. - 45)
    7.1 Introduction
           7.1.1 GDP Growth Rate Forecast of Major Economies in the World
           7.1.2 Oil & Gas Industry Analysis
    7.2 Patent Analysis

8 Proppant Market, By Type (Page No. - 50)
    8.1 Introduction
    8.2 Frac Sand Proppant
    8.3 Resin–Coated Proppant
    8.4 Ceramic Proppant

9 Proppant Market, By Application (Page No. - 58)
    9.1 Introduction

10 Proppant Market, By Region (Page No. - 60)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Russia
             10.3.2 Poland
             10.3.3 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Australia
             10.4.4 Rest of Asia-Pacific
     10.5 South America
             10.5.1 Argentina
             10.5.2 Brazil
             10.5.3 Colombia
             10.5.4 Rest of South America
     10.6 Middle East & Africa
             10.6.1 South Africa
             10.6.2 Algeria
             10.6.3 Rest of Middle East & Africa

11 Competitive Landscape (Page No. - 89)
     11.1 Introduction
     11.2 Overview
     11.3 Competitive Benchmarking
             11.3.1 Product Offerings
             11.3.2 Business Strategy

12 Company Profiles (Page No. - 93)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     12.1 Carbo Ceramics Inc.
     12.2 Saint-Gobain Proppants Inc.
     12.3 U.S. Silica Holdings, Inc.
     12.4 JSC Borovichi Refractories Plant
     12.5 Yixing Orient Petroleum Proppant Co., Ltd.
     12.6 Mineração Curimbaba Ltda
     12.7 China Gengsheng Minerals, Inc.
     12.8 Fairmount Santrol Holdings Inc.
     12.9 Superior Silica Sands LLC
     12.10 Hi-Crush Partners LP
     12.11 Hexion Inc.
     12.12 Other Key Market Players
             12.12.1 Unimin Corporation
             12.12.2 Preferred Sands LLC
             12.12.3 Fores Ltd.
             12.12.4 Badger Mining Corporation (BMC)
             12.12.5 Smart Sand Inc.
             12.12.6 Mississippi Sand LLC
             12.12.7 Changqing Proppant Corporation
             12.12.8 Yangquan Changqing Petroleum Proppant Co., Ltd.
             12.12.9 Eagle Materials Inc

*Details Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 125)
     13.1 Key Industry Insights
     13.2 Discussion Guide
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details

List of Tables (67 Tables)

Table 1 Comparison of Proppant Types, By Shape, Strength, and Conductivity
Table 2 Trends and Forecast for GDP Growth Rates Between 2016 and 2021
Table 3 Proppant Market Size, By Type, 2015–2022 (USD Million)
Table 4 Proppant Market Size, By Type, 2015–2022 (Million Ton)
Table 5 Frac Sand Proppant Market Size, By Region, 2015–2022 (USD Million)
Table 6 Frac Sand Proppant Market Size, By Region, 2015–2022 (Million Ton)
Table 7 Properties of Resins Used to Coat Proppants
Table 8 Resin-Coated Proppant Market Size, By Region, 2015–2022 (USD Million)
Table 9 Resin-Coated Proppant Market Size, By Region, 2015–2022 (Million Ton)
Table 10 Ceramic By Market Size, By Region, 2015–2022 (USD Million)
Table 11 Ceramic By Market Size, By Region, 2015–2022 (Million Ton)
Table 12 By Market Size, By Region, 2015–2022 (USD Million)
Table 13 By Market Size, By Region, 2015–2022 (Million Ton)
Table 14 North America: By Market Size, By Country, 2015–2022 (USD Million)
Table 15 North America: Market Size, By Country, 2015–2022 (Million Ton)
Table 16 North America: By Market Size, By Type, 2015–2022 (USD Million)
Table 17 North America: Market Size, By Type, 2015–2022 (Million Ton)
Table 18 U.S.: By Market Size, By Type, 2015–2022 (USD Million)
Table 19 U.S.: Market Size, By Type, 2015–2022 (Million Ton)
Table 20 Canada: By Market Size, By Type, 2015–2022 (USD Million)
Table 21 Canada: Market Size, By Type, 2015–2022 (Million Ton)
Table 22 Mexico: Proppant Market Size, By Type, 2015–2022 (USD Million)
Table 23 Mexico: Market Size, By Type, 2015–2022 (Million Ton)
Table 24 Europe: By Market Size, By Country, 2015–2022 (USD Million)
Table 25 Europe: Market Size, By Country, 2015–2022 (Million Ton)
Table 26 Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 27 Europe: Market Size, By Type, 2015–2022 (Million Ton)
Table 28 Russia: By Market Size, By Type, 2015–2022 (USD Million)
Table 29 Russia: Market Size, By Type, 2015–2022 (Million Ton)
Table 30 Poland: By Market Size, By Type, 2015–2022 (USD Million)
Table 31 Poland: Market Size, By Type, 2015–2022 (Million Ton)
Table 32 Rest of Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 33 Rest of Europe: Market Size, By Type, 2015–2022 (Million Ton)
Table 34 Asia-Pacific: By Market Size, By Country, 2015–2022 (USD Million)
Table 35 Asia-Pacific: Market Size, By Country, 2015–2022 (Million Ton)
Table 36 Asia-Pacific: By Market Size, By Type, 2017–2022 (USD Million)
Table 37 Asia-Pacific: Market Size, By Type, 2017–2022 (Million Ton)
Table 38 China: By Market Size, By Type, 2017–2022 (USD Million)
Table 39 China: Market Size, By Type, 2017–2022 (Million Ton)
Table 40 India: By Market Size, By Type, 2017–2022 (USD Million)
Table 41 India: Market Size, By Type, 2017–2022 (Million Ton)
Table 42 Australia: By Market Size, By Type, 2017–2022 (USD Million)
Table 43 Australia: Market Size, By Type, 2017–2022 (Million Ton)
Table 44 Rest of Asia-Pacific: By Market Size, By Type, 2017–2022 (USD Million)
Table 45 Rest of Asia-Pacific: Market Size, By Type, 2017–2022 (Million Ton)
Table 46 South America: By Market Size, By Country, 2015–2022 (USD Million)
Table 47 South America: Market Size, By Country, 2015–2022 (Million Ton)
Table 48 South America: By Market Size, By Type, 2015–2022 (USD Million)
Table 49 South America: Market Size, By Type, 2015–2022 (Million Ton)
Table 50 Argentina: By Market Size, By Type, 2015–2022 (USD Million)
Table 51 Argentina: Market Size, By Type, 2015–2022 (Million Ton)
Table 52 Brazil: By Market Size, By Type, 2015–2022 (USD Million)
Table 53 Brazil: Market Size, By Type, 2015–2022 (Million Ton)
Table 54 Colombia: By Market Size, By Type, 2015–2022 (USD Million)
Table 55 Colombia: Market Size, By Type, 2015–2022 (Million Ton)
Table 56 Rest of South America: By Market Size, By Type, 2015–2022 (USD Million)
Table 57 Rest of South America: Market Size, By Type, 2015–2022 (Million Ton)
Table 58 Middle East & Africa: By Market Size, By Country, 2015–2022 (USD Million)
Table 59 Middle East & Africa: Market Size, By Country, 2015–2022 (Million Ton)
Table 60 Middle East & Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 61 Middle East & Africa: Market Size, By Type, 2015–2022 (Million Ton)
Table 62 South Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 63 South Africa: Market Size, By Type, 2015–2022 (Million Ton)
Table 64 Algeria: By Market Size, By Type, 2015–2022 (USD Million)
Table 65 Algeria: Market Size, By Type, 2015–2022 (Million Ton)
Table 66 Rest of Middle East & Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 67 Rest of Middle East & Africa: Market Size, By Type, 2015–2022 (Million Ton)

List of Figures (40 Figures)

Figure 1 Proppants Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Proppant Market: Data Triangulation
Figure 5 Frac Sand Proppant to Be the Dominant Segment Between 2017 and 2022
Figure 6 North America Dominates Proppant Market in 2017
Figure 7 Proppant Market Size, 2017 vs 2022 (USD Billion)
Figure 8 China to Lead the Proppant Market in Asia-Pacific
Figure 9 India is the Fastest-Growing Market, 2017–2022
Figure 10 Frac Sand to Dominate the Overall Proppant Market, 2017–2022
Figure 11 Resin-Coated Bauxite Withstands Highest Closure Stress
Figure 12 Ceramic Proppant to Be the Superior Type
Figure 13 Proppant Selection Criteria
Figure 14 Increasing Demand for Ceramic and Resin-Coated Proppants in New Drilling Techniques Will Drive the Market
Figure 15 Industrial Sand and Gravel Production in the U.S., 2011–2015 (Million Ton)
Figure 16 Supply Chain Analysis
Figure 17 Porter’s Five Forces Analysis
Figure 18 Increase in Natural Gas Production Between 2012 and 2040
Figure 19 World Natural Gas Consumption, 2012–2040
Figure 20 Natural Gas Production in Key Countries, By Type (2012–2040)
Figure 21 Shale Gas Reserves By Key Countries, 2015
Figure 22 U.S. Accounted for Maximum Patents Between 2013 and 2016
Figure 23 58 Patents Registered in U.S. in 2016
Figure 24 Frac Sand Proppant Accounted for the Largest Share in 2016
Figure 25 Frac Sand to Lead the Proppant Market During the Forecast Period
Figure 26 North America to Dominate the Frac Sand Proppant Market During the Forecast Period
Figure 27 Resin-Coated Proppant Market in Asia-Pacific to Register the Highest CAGR During Forecast Period
Figure 28 Ceramic Proppant Market in Asia-Pacific to Register the Highest CAGR During the Forecast Period
Figure 29 Factors Directly Affecting Proppant Demand
Figure 30 Regional Snapshot: Rapidly Growing Markets are Emerging as New Strategic Locations
Figure 31 North American Proppant Market Snapshot: U.S. to Be the Largest Market
Figure 32 U.S. Market Snapshot, 2017 vs 2022
Figure 33 Asia-Pacific Market Snapshot: China to Be the Largest Market
Figure 34 Frac Sand Accounted for the Largest Share of Proppant Market in Asia-Pacific, 2016
Figure 35 Dive Chart
Figure 36 Carbo Ceramics Inc.: Company Snapshot
Figure 37 U.S. Silica Holdings, Inc.: Company Snapshot
Figure 38 Fairmount Santrol Holdings Inc.: Company Snapshot
Figure 39 Hi-Crush Partners LP: Company Snapshot
Figure 40 Hexion Inc.: Company Snapshot

The proppant market size is projected to reach USD 9.87 Billion by 2022, at a CAGR of 6.9% between 2017 and 2022. Proppant products find usage in hydraulic fracturing of unconventional gasses, such as shale gas, tight gas, and coal bed methane. Rising use of proppant in the oil and gas industry have led to an increased demand for proppant, globally.

Proppant is majorly classified into three types, namely, frac sand, resin-coated, and ceramic. Frac sand is the most widely used type of proppant, due to its easy availability and low cost. Ceramic proppant is the fastest-growing type segment since ceramic proppant has high strength to withstand closure pressures up to 15,000 psi.

North America is estimated to be the largest market for proppant. The U.S. is expected to be the largest market for proppants in North America during the forecast period, as hydraulic fracturing market is mainly concentrated in the U.S. Major producers of proppants, such as Carbo Ceramics Inc. (U.S.), Saint-Gobain Proppant Inc. (U.S.), U.S. Silica Holdings Inc. (U.S.), Hexion Inc. (U.S.), Fairmount Santrol Holdings Inc. (U.S.), Hi-Crush Partners LP (U.S.), and Superior Silica Sands LLC are in the North America region.

The high cost of ceramic proppant and oversupply of crude oil can restrain the growth of the proppant market.

Companies are focusing on acquisitions as a key strategy to increase their market share and cater to the increasing demand for proppant. For example, Hi-Crush Partners LP (U.S.) acquired Permian Basin Sand Company, LLC (U.S.). Permian Basin Sand Company, LLC (U.S.) company owned a 1,226-acre frac sand reserve, which has an output of about 55 million tons of 100 mesh frac sand. The acquisition has enabled Hi-Crush Partners LP to increase their regional presence.

Companies such as Carbo Ceramics Inc. (U.S.), Saint-Gobain Proppant Inc. (U.S.), U.S. Silica Holdings Inc. (U.S.), Fairmount Santrol Holdings Inc. (U.S.), Hi-Crush Partners LP (U.S.), and Superior Silica Sands LLC adopted strategies of expansions, acquisitions, agreements, and new product developments to expand their market share and distribution network in the proppant market from 2013 to 2017.

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