Global Fracking Proppants Market Analysis 2017-2018 and Outlook to 2026 - A $265.81 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Fracking Proppants - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Fracking Proppants market accounted for $72.35 billion in 2017 and is expected to reach $265.81 billion by 2026 growing at a CAGR of 15.5% during the forecast period.
Growing demand for energy and changing focus towards unconventional gas are some of the key factors propelling the market growth. However, high cost of ceramic proppant and contamination concerns are inhibiting the market growth.
On the basis of product, frac sand segment witnessed steady growth. Factors such as easy availability and low cost are favoring the growth of this segment.
By geography, North America is anticipated to dominate the global market during the forecast period due to increasing hydraulic fracturing applications in the United States, especially for shale gas and tight oil purposes, which had a positive impact on the demand for proppants.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Fracking Proppants Market, By Fracturing Technology
6 Global Fracking Proppants Market, By Product
7 Global Fracking Proppants Market, By Application
8 Global Fracking Proppants Market, By Geography
9 Key Developments
10 Company ProfilingBaker Hughes Saint-Gobain Mineracao Curimbaba Ltd. Momentive Fairmount Santrol Carbo Ceramic Unimin Corporation U.S. Silica Preferred Sands Atlas Resin Proppants LP Yixing Orient Petroleum Proppant Co. Ltd. Fores Ltd. Hi Crush LP Partners
For more information about this report visit https://www.researchandmarkets.com/research/s5ps26/global_fracking?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005522/en/
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Related Topics:Oil and Gas Exploration and Production
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 08:54 AM/DISC: 12/03/2018 08:54 AM