Proppants in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Asia-Pacific proppants market recorded revenues of $881.1 million in 2024, representing a negative compound annual growth rate (CAGR) of 0.7% between 2019-24.
- Market consumption volumes declined with a negative CAGR of 0.3% between 2019-24, reaching a total of 5,688.6 kilotons in 2024.
- The contracted growth of the Asia-Pacific proppants market during 2019-24 can be attributed to the continued underinvestment in upstream oil and gas activities, stricter environmental regulations in key countries like China and Australia, and subdued demand for hydraulic fracturing services amid a global shift toward renewable energy.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the proppants market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the proppants market in Asia-Pacific
- 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 Asia-Pacific proppants market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific proppants market by value in 2024?
- What will be the size of the Asia-Pacific proppants market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific proppants market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific'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
- ChangQing Proppant
- Ashapura Group of Industries.
- Ashapura Group of Industries.
