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Frac Sand Market 2023-2028: Demand, Size, Share, Trends and Research Report

The latest report by IMARC Group, titled “Frac Sand Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the . The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global frac sand market size reached US$ 7.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.24% during 2023-2028.
Frac sand refers to a naturally occurring type of crystalline silica that is generally obtained from clear sandstone. It is a highly durable, strong and crush-resistant material that is utilized as a proppant in the hydraulic fracturing process, employed widely by gas and oil companies to extract natural gas and petroleum by drilling rock or land with a pressurized mixture. This pressurized mixture consists of frac sand, water, and numerous chemicals, which are pumped into the rock formations to open the fractures for the release of fluids, including oil, gas, and water. Besides this, it is also utilized in numerous industrial applications, including glassmaking and paints and coatings.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The growing oil and gas industry is driving the global market. Moreover, the rising demand for petroleum-based products and continual technological advancements in the process of natural gas and oil extractions are contributing to the market. Furthermore, increasing investments by leading players in research and development (R&D) activities to develop efficient and high-quality frac sand is catalyzing the product demand on the global level.
Along with this, the launch of fine mesh frac sand that improves the flow of natural fluids while they are released from the shale rocks is gaining widespread prominence. Other factors, including expanding the oil and gas sector, rising investments in crude oil production projects and increasing energy demand, are also influencing the global market.
Explore the Full Report with TOC & List of Figures:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
CARBO Ceramics
Emerge Energy Services
Covia Holdings
Hi Crush
Source Energy Services
U.S Silica
Preferred Sands
Badger Mining Corporation
Mammoth Energy Service, Inc
Smart Sand Inc.
Chongqing Changjiang
Key Market Segmentation:
Market Breakup by Type:
White Sand
Brown Sand
Others
Market Breakup by Application:
Oil Exploitation
Natural Gas Exploration
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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