Frac Sand Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global frac sand market reached a value of US$ 6.32 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 10.67 Billion by 2027, exhibiting a CAGR of 6.53% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Frac sand is a naturally occurring type of crystalline silica that is processed from pure sandstone. It is used as a proppant in the process of hydraulic fracturing, also known as fracking, employed widely by oil and gas companies to extract natural gas, petroleum and related materials by drilling rock or land, known as shale, with a pressurized mixture. This pressurized mixture consists of water, frac sand and various chemicals, which are injected into the rock formations to break open the fractures for the release of fluids such as oil, water and gas. Since the particles of frac sand are uniform with distinct round shape and small grain size, natural fluids can pass between them. It holds an edge over other types of sand since they are usually a mixture of various minerals and rock types, which are less durable than quartz.

A thriving oil and gas industry is the key factor driving the global market growth. With the number of oil and gas exploration activities on the rise across the globe, the demand for frac sand is also experiencing strong growth. In order to meet the rapidly increasing demand for petroleum and oil and gas worldwide, the technique of hydraulic fracturing is widely being employed by the oil and gas industry. This consequently is increasing the demand for frac sand as well since it is integral to the operation with approximately thousand tons of frac sand being required per hydraulic fracturing process. Additionally, the introduction of fine-mesh frac sand, which enhances the flow of natural fluid while they are released from the shale, is also catalyzing the market growth. Other factors such as its cost-effectiveness when compared with resin-coated and ceramic proppants, are also contributing significantly to its demand.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global frac sand market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:

• White Sand
• Brown Sand
• Others

Breakup by Application:

• Oil Exploitation
• Natural Gas Exploration
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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, etc.

Key Questions Answered in this Report

1. What is the market size for the global frac sand market?
2. What is the global frac sand market growth?
3. What are the global frac sand market drivers?
4. What are the key industry trends in the global frac sand market?
5. What is the impact of COVID-19 on the global frac sand market?
6. What is the global frac sand market breakup by type?
7. What are the major regions in the global frac sand market?
8. Who are the key companies/players in the global frac sand market?