How much is proppant per ton?

Proppant Market reached a value of US $ 9.52 Bn. in . Frac sand is one of the dominating segment of the Global Proppant Market.
Proppant Market Overview:
Proppant is a small size ceramics ball, which are used to keep the artificial or hydraulic fractures to keep the shale rocks fractures open. It prevents opened fracture from closing on release of pressure. They help in oil and gas production by forming a conduit for hydrocarbons to flow more freely through. It comes in a variety of shapes, sizes, densities, and quality, and it plays an important role in determining the eventual permeability of fissures.

It's mixed into a fracking fluid, which can be gel, foam, or slickwater&#;based and can vary in composition depending on the type of fracturing applied. There may also be unconventional fracking fluids. At low closure stresses, large mesh proppants have larger permeability than small mesh proppants, but at high closure stresses, mechanical failure occurs, resulting in very tiny particles, therefore smaller mesh proppants surpass large mesh proppants in permeability after a certain verge of stress.To know about the Research Methodology :- Request Free Sample Report
Proppant Market Dynamics:
The combination of horizontal drilling and multistage fracturing technology has fundamentally transformed the oil and gas production landscape across the globe. Exploration and production companies are incorporating more sand each stage into their drilled and completed horizontals, a trend that is expected to accelerate over time. The average sand consumption per horizontal well has tripled since , and it is expected to continue to rise due to longer laterals and higher loadings per lateral foot. The development of technologies to promote the use of natural sand/Frac sand instead of ceramic sand has resulted in a strong demand for drilling proppants. The use of frac sand decreases the raw material price by more than 50%.

According to the US EIA, hydraulic fracturing is used in 95 % of wells drilled, which reflects well for the hydraulic fracturing business. The revenues generated from the hydraulic fracturing & services market are consistently increasing in the United States and Canada adds to the market's potential growth. Proppants that are meant to keep an induced hydraulic fracture open during the process are clearly required by the service providers. In addition, exploration and production activities are progressing, resulting in a noticeable increase in demand in the hydraulic fracturing industry, which is driving the proppants market growth.

Ceramic proppants are generated using an energy-intensive manufacturing method from sintered bauxite, kaolin, and magnesium silicate or combinations of bauxite and kaolin. This manufacturing method is complicated because the proppants must be consistent in size, shape, sphericity, and roundness in order for the proppants bed to have increased porosity and permeability. Ceramic proppants outperform frac sand in terms of strength and crush resistance, able to endure closing stresses ranging up to 20,000 psi. Because ceramic proppants are a designed product with a more complex production process, they are more expensive than uncoated or resin-coated proppants. The cost of ceramic proppants is about 50% higher than that of frac sand.

Pricing Analysis:

Proppants were valued at the US $ 0.68 to 1.27 per kg in  all across the globe. For Instance, Ceramic proppants ranged in price from the US $ 1.02 to 1.24 per kg in the same year. By , proppants are expected to see a modest increase in price, with a range of US $ 0.74 to 1.42 per kilogram. The accessibility and pricing of raw materials are expected to influence the price adjustment, and demand for proppants is expected to increase significantly during the forecast period.

Share of global upstream oil and gas investment by asset type:
Proppant Market Segment Analysis:
Based on the Type, the Proppant Market is segmented into Frac Sand, Resin Coated Proppant, and Ceramic Proppant. The Frac Sand segment held the largest market share accounting for 83% in . The segment growth is mainly attributed to its lower cost as compared to other types of proppant. Frac sand is a common type of proppant. It's a high-purity sandstone proppant, which is found in nature. These proppants are most commonly used with a 6,000 psi closure pressure. Depending on the fracking job, they can be as little as 0.1 millimetres in diameter or as large as 2 millimetres in diameter. The growing use of frac sand in exploration and production businesses in the fracturing process is expected to boost the proppant market growth during the forecast period.

As Proppant is broadly used in oil and natural gas wells, as well as its cost advantage over other proppants, raw frac sand is the most widely used. Natural gas production is predicted to rise from 342 billion cubic feet per day (bcf/d) in  to 554 billion cubic feet per day (bcf/d) by , according to the information given by the US Energy Information Administration (EIA). Shale gas has been produced in Canada since , and by , it is estimated to account for 30 percent of the country's total natural gas production. These factors are expected to drive the Proppant Market growth during the forecast period.

The Ceramic Proppant segment is expected to grow significantly at a CAGR of 7.1% during the forecast period. It is mostly used as a frac sand substitute. Ceramic proppants, which are artificial, have a higher crush strength than sand, which limits their use to wells with lower closure stresses.

Based on the Application, the Proppant Market is segmented into Shale Gas, Tight Gas, Coalbedmethane, and Others. The Shale Gas segment held the largest market share, accounting for 53% in . The segment growth is attributed to the increasing utilization of the material in shale gas extraction across the globe. Shale gas, which contains 70% to 90% methane, is used to create energy as well as for heating and cooking in the home. In terms of both value and volume, North America had the greatest share of the proppant market. In , the region accounted for more than 67.0 percent of the market's value share.
Regional Insights:
Asia Pacific region held the largest market share accounted for 35% in , and is expected to grow at a CAGR of xx% during the forecast period. The growing need for hydraulic fracturing for unconventional natural gas and oil development in the region In Asia-Pacific region is driving the product demand in the region. The China dominate the Asia Pacific region, as increasing demand for natural gas and oil in the country.

The North America region is expected to witness the highest growth at a CAGR of xx% during . The region&#;s growth is attributed to increased drilling and completion activities in U.S. and Canada. The oil and gas sector is an important element of the US economy, and fracking has been utilised on approximately 90% of the country's oil and gas rigs. Hydraulic fracking's efficiency has led to a significant expansion of drilling, resulting in boosting the demand for proppant in the region.

The objective of the report is to present a comprehensive analysis of the Proppant Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Proppant Market dynamic, structure by analyzing the market segments and projecting the Proppant Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Proppant Market make the report investor&#;s guide.
Proppant Market Scope: Inquire before buying



Proppant Market


Report Coverage
Details


Base Year:

Forecast Period:
-


Historical Data:
 to 
Market Size in :
US $ 9.52 Bn.


Forecast Period  to  CAGR:
6.9%
Market Size in :
US $ 15.19 Bn.


 Segments Covered:
by  Type
Frac Sand
Resin Coated Proppant
Ceramic Proppant


by Application
Shale Gas
Tight Gas
Coalbedmethane
Others


by Ceramic Proppant
High Strength Ceramic Proppant
Intremediate Strength Ceramic Proppants
Light Weight Ceramic Proppant
Others



Proppant Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players:
1. Superior Silica Sands LLC
2. Bagder Mining Corporation
3. Frequently Asked Questions:

1] What segments are covered in the Proppant Market report?
Ans. The segments covered in the Proppant Market report are based on Type, Application and Ceramic Proppant.

2] Which region is expected to hold the highest share in the Proppant Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Proppant Market.

3] What is the market size of the Proppant Market by ?
Ans. The market size of the Proppant Market by  is US $ 15.19 Bn.

4] What is the forecast period for the Proppant Market?
Ans. The Forecast period for the Proppant Market is -.

5] What was the market size of the Proppant Market in ?
Ans. The market size of the Proppant Market in  was US $ 9.52 Bn.  
reached a value of US $ 9.52 Bn. in . Frac sand is one of the dominating segment of the Global Proppant Market.Proppant is a small size ceramics ball, which are used to keep the artificial or hydraulic fractures to keep the shale rocks fractures open. It prevents opened fracture from closing on release of pressure. They help in oil and gas production by forming a conduit for hydrocarbons to flow more freely through. It comes in a variety of shapes, sizes, densities, and quality, and it plays an important role in determining the eventual permeability of fissures. It's mixed into a fracking fluid, which can be gel, foam, or slickwater&#;based and can vary in composition depending on the type of fracturing applied. There may also be unconventional fracking fluids. At low closure stresses, large mesh proppants have larger permeability than small mesh proppants, but at high closure stresses, mechanical failure occurs, resulting in very tiny particles, therefore smaller mesh proppants surpass large mesh proppants in permeability after a certain verge of stress.  The combination of horizontal drilling and multistage fracturing technology has fundamentally transformed the oil and gas production landscape across the globe. Exploration and production companies are incorporating more sand each stage into their drilled and completed horizontals, a trend that is expected to accelerate over time. The average sand consumption per horizontal well has tripled since , and it is expected to continue to rise due to longer laterals and higher loadings per lateral foot. The development of technologies to promote the use of natural sand/Frac sand instead of ceramic sand has resulted in a strong demand for drilling proppants. The use of frac sand decreases the raw material price by more than 50%. According to the US EIA, hydraulic fracturing is used in 95 % of wells drilled, which reflects well for the hydraulic fracturing business. The revenues generated from the hydraulic fracturing & services market are consistently increasing in the United States and Canada adds to the market's potential growth. Proppants that are meant to keep an induced hydraulic fracture open during the process are clearly required by the service providers. In addition, exploration and production activities are progressing, resulting in a noticeable increase in demand in the hydraulic fracturing industry, which is driving the proppants market growth. Ceramic proppants are generated using an energy-intensive manufacturing method from sintered bauxite, kaolin, and magnesium silicate or combinations of bauxite and kaolin. This manufacturing method is complicated because the proppants must be consistent in size, shape, sphericity, and roundness in order for the proppants bed to have increased porosity and permeability. Ceramic proppants outperform frac sand in terms of strength and crush resistance, able to endure closing stresses ranging up to 20,000 psi. Because ceramic proppants are a designed product with a more complex production process, they are more expensive than uncoated or resin-coated proppants. The cost of ceramic proppants is about 50% higher than that of frac sand.Proppants were valued at the US $ 0.68 to 1.27 per kg in  all across the globe. For Instance, Ceramic proppants ranged in price from the US $ 1.02 to 1.24 per kg in the same year. By , proppants are expected to see a modest increase in price, with a range of US $ 0.74 to 1.42 per kilogram. The accessibility and pricing of raw materials are expected to influence the price adjustment, and demand for proppants is expected to increase significantly during the forecast period.the Proppant Market is segmented into Frac Sand, Resin Coated Proppant, and Ceramic Proppant. The Frac Sand segment held the largest market share accounting for 83% in . The segment growth is mainly attributed to its lower cost as compared to other types of proppant. Frac sand is a common type of proppant. It's a high-purity sandstone proppant, which is found in nature. These proppants are most commonly used with a 6,000 psi closure pressure. Depending on the fracking job, they can be as little as 0.1 millimetres in diameter or as large as 2 millimetres in diameter. The growing use of frac sand in exploration and production businesses in the fracturing process is expected to boost the proppant market growth during the forecast period. As Proppant is broadly used in oil and natural gas wells, as well as its cost advantage over other proppants, raw frac sand is the most widely used. Natural gas production is predicted to rise from 342 billion cubic feet per day (bcf/d) in  to 554 billion cubic feet per day (bcf/d) by , according to the information given by the US Energy Information Administration (EIA). Shale gas has been produced in Canada since , and by , it is estimated to account for 30 percent of the country's total natural gas production. These factors are expected to drive the Proppant Market growth during the forecast period. The Ceramic Proppant segment is expected to grow significantly at a CAGR of 7.1% during the forecast period. It is mostly used as a frac sand substitute. Ceramic proppants, which are artificial, have a higher crush strength than sand, which limits their use to wells with lower closure stresses.the Proppant Market is segmented into Shale Gas, Tight Gas, Coalbedmethane, and Others. The Shale Gas segment held the largest market share, accounting for 53% in . The segment growth is attributed to the increasing utilization of the material in shale gas extraction across the globe. Shale gas, which contains 70% to 90% methane, is used to create energy as well as for heating and cooking in the home. In terms of both value and volume, North America had the greatest share of the proppant market. In , the region accounted for more than 67.0 percent of the market's value share.Asia Pacific region held the largest market share accounted for 35% in , and is expected to grow at a CAGR of xx% during the forecast period. The growing need for hydraulic fracturing for unconventional natural gas and oil development in the region In Asia-Pacific region is driving the product demand in the region. The China dominate the Asia Pacific region, as increasing demand for natural gas and oil in the country. The North America region is expected to witness the highest growth at a CAGR of xx% during . The region&#;s growth is attributed to increased drilling and completion activities in U.S. and Canada. The oil and gas sector is an important element of the US economy, and fracking has been utilised on approximately 90% of the country's oil and gas rigs. Hydraulic fracking's efficiency has led to a significant expansion of drilling, resulting in boosting the demand for proppant in the region. The objective of the report is to present a comprehensive analysis of the Proppant Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Proppant Market dynamic, structure by analyzing the market segments and projecting the Proppant Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Proppant Market make the report investor&#;s guide.(United States, Canada and Mexico)(UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)(China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)(South Africa, GCC, Egypt, Nigeria and Rest of ME&A)(razil, Argentina Rest of South America)1. Superior Silica Sands LLC 2. Bagder Mining Corporation 3. Unimin Corporation 4. U.S. Silica Holdings Inc. 5. Fores 6. Preferred Sands 7. Saint-Gobain Proppants Inc. 8. CARBO Ceramics Inc. 9. Fairmount Santrol Holdings Inc. 10. Hi-Crush LP Partners 11. Momentive 12. Saint-Gobain 13. Momentive Speciality Chemicals Inc. 14. Borovichi Refractories Plant 15. Mineracao Curimbaba Ltda. 16. Yixing Orient Petroleum Proppant Co. Ltd 17. China Gengsheng Minerals, Inc. 18. Hexion Inc. 19. SmartSand, Inc. 20. ChangQing Proppant 21. Eagle Materials Inc. 22. Baker HughesThe segments covered in the Proppant Market report are based on Type, Application and Ceramic Proppant.The Asia Pacific region is expected to hold the highest share in the Proppant Market.The market size of the Proppant Market by  is US $ 15.19 Bn.The Forecast period for the Proppant Market is -.The market size of the Proppant Market in  was US $ 9.52 Bn.
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