Proppants in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Proppants are solid materials, mostly sand, treated sand, or man-made ceramic materials used in hydraulic fracturing, a method used to extract oil and gas from deep underground sedimentary rock formations. Proppants prevent the opened fractures from closing on the release of pressure. These proppants are used to keep the artificially created hydraulic fractures open after the injection process to continue and enhance the extraction of oil and gas. Based on type, the proppants market is segmented into frac sand proppants, resin-coated proppants, and ceramic proppants.
- The Middle East and African proppants market recorded revenues of $170.4 million in 2024, representing a negative compound annual growth rate (CAGR) of 13.3% between 2019-24.
- Market consumption volume increased with a CAGR of 1.8% between 2019-24, reaching a total of 1,107.6 kilotons in 2024.
- The Middle East & African proppants market contracted during 2019-24 as major oil and gas producers in the Middle East region, such as Saudi Arabia, the UAE, and Kuwait, are focused on optimizing output from existing, cost-effective conventional reserves, reducing the need for new exploration, leading to decline in proppant consumption.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the proppants market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the proppants market in Middle East & Africa
- Leading company profiles reveal details of key proppants market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa proppants market with five year forecasts
Reasons to Buy
- What was the size of the Middle East & Africa proppants market by value in 2024?
- What will be the size of the Middle East & Africa proppants market in 2029?
- What factors are affecting the strength of competition in the Middle East & Africa proppants market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's proppants market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes Co
- CARBO Ceramics Inc
- Ashapura Group of Industries.
- Gharbalah Industrial Co
