Frac sand (or fracking sand) refers to sand and similar small materials that are used during the process of hydraulic fracturing, a method for extracting underground Natural Gas Exploration from shale gas formations. Fracking sand is a \"proppant.\" A proppant is a material used to \"prop\" open the underground cracks from which Natural Gas Exploration is harvested during the fracturing process. These gases include petroleum fluids such as oil, Natural Gas Exploration, and Natural Gas Exploration liquids from rock units (that don't have enough pore space allowing fluids to flow to a well).
U.S Silica, Fairmount Santrol and Hi-Crush Partners LP are the market leader and they occupied about 45.31% of the whole market. The Frac Sand market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the United States, to sustain and gain market penetration. Some key players of this market include Preferred Sands, Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc.
The demand for frac sand has risen dramatically in recent years as an increasing number of oil and natural gas wells use the hydraulic fracturing process. A single well using hydraulic fracturing can use a few thousand tons of frac sand. The surge of specialized drilling has created a billion dollar frac sand industry in just a few years.
The local enterprises occupied mostly of the market share. And due to the increase in downstream demand, the price of frac sand may keep fluctuating along with oil and gas prices growth trend.
Although sales of Frac Sand brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the field. Many new entrants to the raw frac sand market compete on an FOB plant basis and lack comparable transportation infrastructure to meet customer demands in-basin.
The report offers detailed coverage of Frac Sand industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Frac Sand by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Frac Sand market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Frac Sand market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
U.S Silica
Fairmount Santrol
Preferred Sands
Badger Mining Corporation
Unimin Corporation
Chieftain Sand
Emerge Energy Services LP
Carbo Ceramics
Hi-Crush Partners LP
Smart Sand Inc.
Chongqing Changjiang
At the same time, we classify Frac Sand according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Northern White Sand
Brown (Brady) Sand
Other
Market by Application
Oil Exploitation
Natural Gas Exploration
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Frac Sand market for the forecast period 2021 - 2025?
• What are the driving forces in the Frac Sand market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Frac Sand industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?