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 global Frac Sand market is valued at 2960 million US$ in 2018 is expected to reach 8790 million US$ by the end of 2025, growing at a CAGR of 14.6% during 2019-2025.
This report focuses on Frac Sand volume and value at global level, regional level and company level. From a global perspective, this report represents overall Frac Sand market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Northern White Sand
Brown (Brady) Sand
Other
Segment by Application
Oil Exploitation
Natural Gas Exploration
Summary:
Get latest Market Research Reports on Frac Sand . Industry analysis & Market Report on Frac Sand is a syndicated market report, published as Global Frac Sand Market Research Report 2019. It is complete Research Study and Industry Analysis of Frac Sand market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.