Global Proppants Market 2024-2028

The proppants market is forecasted to grow by USD 5.30 bn during 2023-2028, accelerating at a CAGR of 8.42% during the forecast period. The report on the proppants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for fine mesh raw frac sand, abundance of unconventional oil and gas resources, and rising investments in shale oil and gas.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.85%
CAGR	8.42%
Incremental Value	$5.30bn

Technavio's proppants market is segmented as below:

By Product Type

Frac sand
Ceramic proppants
Resin coated proppants

By Application

Shale gas
Coal bed methane
Tight gas
Others

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the technological developments in hydraulic fracturing process as one of the prime reasons driving the proppants market growth during the next few years. Also, growing petroleum refining and rise in adoption of green fracking methods will lead to sizable demand in the market.

The report on the proppants market covers the following areas:

Proppants market sizing
Proppants market forecast
Proppants market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading proppants market vendors that include Atlas Energy Solutions, Inc., Badger Mining Corp., Baker Hughes Co., CARBO Ceramics Inc., ChangQing Proppant Corp., Compagnie de Saint Gobain, Covia Holdings LLC, Curimbaba Group, Hexion Inc., Hi Crush Inc., JSC Borovichi Refractories Plant, Minerals Technologies Inc., nikapetrotech.com, Preferred Proppants LLC, Schlumberger Ltd., SUN Specialty Products, US Silica Holdings Inc., WaterTectonics Inc., Xinmi Wanli Industry Development Co. Ltd., and Rockleigh Industries Inc.. Also, the proppants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76952

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global proppants market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global proppants market 2018 - 2022 ($ billion)
4.2 Product Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product Type

6.1 Market segments
Exhibit 30: Chart on Product Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product Type - Market share 2023-2028 (%)
6.2 Comparison by Product Type
Exhibit 32: Chart on Comparison by Product Type
Exhibit 33: Data Table on Comparison by Product Type
6.3 Frac sand - Market size and forecast 2023-2028
Exhibit 34: Chart on Frac sand - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Frac sand - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Frac sand - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Frac sand - Year-over-year growth 2023-2028 (%)
6.4 Ceramic proppants - Market size and forecast 2023-2028
Exhibit 38: Chart on Ceramic proppants - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Ceramic proppants - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Ceramic proppants - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ceramic proppants - Year-over-year growth 2023-2028 (%)
6.5 Resin coated proppants - Market size and forecast 2023-2028
Exhibit 42: Chart on Resin coated proppants - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Resin coated proppants - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Resin coated proppants - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Resin coated proppants - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product Type
Exhibit 46: Market opportunity by Product Type ($ billion)
Exhibit 47: Data Table on Market opportunity by Product Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 48: Chart on Application - Market share 2023-2028 (%)
Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Shale gas - Market size and forecast 2023-2028
Exhibit 52: Chart on Shale gas - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Shale gas - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Shale gas - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Shale gas - Year-over-year growth 2023-2028 (%)
7.4 Coal bed methane - Market size and forecast 2023-2028
Exhibit 56: Chart on Coal bed methane - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Coal bed methane - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Coal bed methane - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Coal bed methane - Year-over-year growth 2023-2028 (%)
7.5 Tight gas - Market size and forecast 2023-2028
Exhibit 60: Chart on Tight gas - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Tight gas - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Tight gas - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Tight gas - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
Exhibit 68: Market opportunity by Application ($ billion)
Exhibit 69: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Atlas Energy Solutions, Inc.
Exhibit 123: Atlas Energy Solutions, Inc. - Overview
Exhibit 124: Atlas Energy Solutions, Inc. - Product / Service
Exhibit 125: Atlas Energy Solutions, Inc. - Key offerings
12.4 Badger Mining Corp.
Exhibit 126: Badger Mining Corp. - Overview
Exhibit 127: Badger Mining Corp. - Product / Service
Exhibit 128: Badger Mining Corp. - Key offerings
12.5 Baker Hughes Co.
Exhibit 129: Baker Hughes Co. - Overview
Exhibit 130: Baker Hughes Co. - Business segments
Exhibit 131: Baker Hughes Co. - Key news
Exhibit 132: Baker Hughes Co. - Key offerings
Exhibit 133: Baker Hughes Co. - Segment focus
12.6 CARBO Ceramics Inc.
Exhibit 134: CARBO Ceramics Inc. - Overview
Exhibit 135: CARBO Ceramics Inc. - Product / Service
Exhibit 136: CARBO Ceramics Inc. - Key offerings
12.7 ChangQing Proppant Corp.
Exhibit 137: ChangQing Proppant Corp. - Overview
Exhibit 138: ChangQing Proppant Corp. - Product / Service
Exhibit 139: ChangQing Proppant Corp. - Key offerings
12.8 Covia Holdings LLC
Exhibit 140: Covia Holdings LLC - Overview
Exhibit 141: Covia Holdings LLC - Product / Service
Exhibit 142: Covia Holdings LLC - Key offerings
12.9 Curimbaba Group
Exhibit 143: Curimbaba Group - Overview
Exhibit 144: Curimbaba Group - Product / Service
Exhibit 145: Curimbaba Group - Key offerings
12.10 Hexion Inc.
Exhibit 146: Hexion Inc. - Overview
Exhibit 147: Hexion Inc. - Product / Service
Exhibit 148: Hexion Inc. - Key news
Exhibit 149: Hexion Inc. - Key offerings
12.11 Hi Crush Inc.
Exhibit 150: Hi Crush Inc. - Overview
Exhibit 151: Hi Crush Inc. - Product / Service
Exhibit 152: Hi Crush Inc. - Key offerings
12.12 Minerals Technologies Inc.
Exhibit 153: Minerals Technologies Inc. - Overview
Exhibit 154: Minerals Technologies Inc. - Business segments
Exhibit 155: Minerals Technologies Inc. - Key offerings
Exhibit 156: Minerals Technologies Inc. - Segment focus
12.13 Preferred Proppants LLC
Exhibit 157: Preferred Proppants LLC - Overview
Exhibit 158: Preferred Proppants LLC - Product / Service
Exhibit 159: Preferred Proppants LLC - Key offerings
12.14 Schlumberger Ltd.
Exhibit 160: Schlumberger Ltd. - Overview
Exhibit 161: Schlumberger Ltd. - Business segments
Exhibit 162: Schlumberger Ltd. - Key news
Exhibit 163: Schlumberger Ltd. - Key offerings
Exhibit 164: Schlumberger Ltd. - Segment focus
12.15 SUN Specialty Products
Exhibit 165: SUN Specialty Products - Overview
Exhibit 166: SUN Specialty Products - Product / Service
Exhibit 167: SUN Specialty Products - Key offerings
12.16 US Silica Holdings Inc.
Exhibit 168: US Silica Holdings Inc. - Overview
Exhibit 169: US Silica Holdings Inc. - Business segments
Exhibit 170: US Silica Holdings Inc. - Key offerings
Exhibit 171: US Silica Holdings Inc. - Segment focus
12.17 Xinmi Wanli Industry Development Co. Ltd.
Exhibit 172: Xinmi Wanli Industry Development Co. Ltd. - Overview
Exhibit 173: Xinmi Wanli Industry Development Co. Ltd. - Product / Service
Exhibit 174: Xinmi Wanli Industry Development Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations