The proppants market is anticipated to grow at a CAGR of 9.97% from US$8.902 billion in 2025 to US$14.317 billion by 2030.
The proppants market is anticipated to grow at a CAGR of 9.97% from US$8.902 billion in 2025 to US$14.317 billion by 2030.— Knowledge Sourcing Intelligence
NEW YORK, NY, UNITED STATES, March 11, 2025 /
EINPresswire.com/ -- According to a new study published by Knowledge Sourcing Intelligence, the
proppants market is projected to grow at a CAGR of 9.97% between 2025 and 2030 to reach US$14.317 billion by 2030.
The global proppants market is experiencing significant growth as the demand for fracking continues to rise. Proppants, which are small particles used to prop open fractures in shale rock during the hydraulic fracturing process, are essential in extracting oil and natural gas from unconventional sources.
The increasing demand for
energy and the depletion of conventional sources has led to a surge in fracking activities, especially in North America. This has resulted in a higher demand for proppants, as they are a crucial component in the fracking process. Additionally, the development of new technologies and techniques in the
oil and gas industry has also contributed to the growth of the proppants market.
The report also highlights the growing use of ceramic proppants, which are known for their high strength and conductivity, in the oil and gas industry. These proppants are increasingly being used in deep and high-pressure wells, which require stronger and more durable materials. The rise in offshore drilling activities is also expected to drive the demand for ceramic proppants in the coming years.
As the demand for energy continues to grow, the global proppants market is expected to witness steady growth in the coming years. However, concerns over the environmental impact of fracking and the availability of alternative energy sources may hinder the market growth. Nevertheless, the proppants market is poised for significant growth, providing opportunities for both established players and new entrants in the industry.
Access sample report or view details:
https://www.knowledge-sourcing.com/report/global-proppants-market
As a part of the report, the major players operating in the proppants market that have been covered are Badger Mining Corporation, Carbo Ceramics, ChangQing Proppant, Covia, Halliburton, Hexion, Nika PetroTech, Saint-Gobain NorPro, U.S. Silica, Pattison Company, Orient Ceratech Ltd.
The market analytics report segments the proppants market as follows:
• By Product Type
o Ceramic
o Resin-Coated
o Frac Sand
• By Application
o Shale Gas
o Tight Gas
o Others
• By Geography
• North America
o United States
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Rest of the Middle East and Africa
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Taiwan
o Thailand
o Indonesia
o Rest of Asia-Pacific
Companies Profiled:
• Badger Mining Corporation
• Carbo Ceramics
• ChangQing Proppant
• Covia
• Halliburton
• Hexion
• Nika PetroTech
• Saint-Gobain NorPro
• U.S. Silica
• Pattison Company
• Orient Ceratech Ltd
Reasons for Buying this Report:-
• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do Businesses use our Reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Explore More Reports:
• Bioceramics Market:
https://www.knowledge-sourcing.com/report/bioceramics-market
• Smart Materials Market:
https://www.knowledge-sourcing.com/report/smart-materials-market
• Global Transparent Ceramics Market:
https://www.knowledge-sourcing.com/report/global-transparent-ceramics-market
• Ceramic Ball Market:
https://www.knowledge-sourcing.com/report/ceramic-ball-market
• Ceramic Core Market:
https://www.knowledge-sourcing.com/report/ceramic-core-market
About Us
Knowledge Sourcing Intelligence (KSI) is a market research and intelligence provider that uses a combination of quantitative and qualitative research techniques to deliver comprehensive, in-depth insights to clients. Our approach to market research is centered around the concept of 'Knowledge Sourcing' - the process of gathering data and insights from multiple sources to create a comprehensive and well-rounded picture of the market. KSI's core services include market intelligence, competitive intelligence, customer intelligence, and product intelligence. KSI's approach to market research is designed to help clients make informed decisions, identify opportunities, and gain a better understanding of their target markets. By using a combination of primary and secondary research techniques, we provide clients with detailed insights into current market trends, customer profiles, competitor analysis, and product performance. KSI's market research and intelligence services enable clients to make informed decisions, develop strategic plans, and identify areas of opportunity.
Harsh Sharma
Knowledge Sourcing Intelligence LLP
+1 850-250-1698
info@knowledge-sourcing.com
Visit us on social media:
Facebook
Twitter
LinkedIn