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Frac Sand Market (Type - White Sand, Brown Sand, and Other Types; Application - Oil Exploitation, Natural Gas Exploration, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : August, 2019

  • Rep Id : CM075

  • Category : Chemicals & Materials

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Frac Sand Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Frac Sand Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Frac Sand Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on the frac sand market provides an in-depth analysis of segments and sub-segments in the global as well as a regional frac sand market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional frac sand market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global frac sand market. According to the report, the global frac sand market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.

 

Market Insight

The frac sand is also called a proppant sand that is used in the oil and gas industry to open rock fissures and increase the flow rate of natural gas or oil. The continuous growing demand for fossil fuel-based energy sources such as natural gas is helping to grow the frac sand market. Further, increasing oil and gas exploration and production is expected to provide significant growth to the frac sand market.

 

The growing investment in the oil and natural gas exploration activities is helping to grow the demand of the frac sand market. Further, the continuous growing demand for fossil fuel-based energy sources such as natural gas, petroleum-based products are driving the growth of the frac sand market. Simultaneously depleting carbon-based energy sources are provides a growing demand for the frac sand market. Additionally, the growing use of specialized drilling process in the petroleum industry is boosting the demand for the market. Furthermore, depleting sources of crude fossil fuel require a large amount of frac sand to extract petroleum oil and gas. This is propelling the growth of the frac sand market. However, the presence of other substitutes as ceramic proppants is affecting the demand of the frac sand market. Moreover, the growing focus of the petroleum companies to produce through hydraulic fracturing process in the developing countries are expected to boost the demand of the frac sand in the near future.

 

North America holds the largest region for the frac sand market, owing to the presence of the number of petroleum companies. The Asia-Pacific region is expected to grow with a healthy CAGR owing to the growing petroleum exploration activities in this region. Further, the increasing government focus to be self-sufficient for the fuel requirement in this region is expected to boost the growth of this market in the Asia-Pacific region.


Globa Frac Sand Market

 

Segment Covered

The report on the global frac sand market covers segments such as type, and application. On the basis of type, the sub-markets include white sand, brown sand, and other types. On the basis of application, the sub-markets include oil exploitation, natural gas exploration, and other applications.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Unimin Corporation, Badger Mining Corporation, Preferred Sands, U.S. Silica Holdings Inc, Source Energy Services, Hi-Crush Inc., FAIRMOUNT SANTROL, Emerge Energy Services LP, and CARBO Ceramics Inc.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the frac sand market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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