Synthetic Proppants Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
|
A06790
|
Pages: NA
|
Aug 2020 |
103 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Synthetic Proppants Market: Global Opportunity Analysis And Industry Forecast, 2020-2027 Market
Request Now !Synthetic Proppants Market Outlook - 2027
Synthetic proppant is a solid material, which is used to keep the hydraulic fracture open during treatment. Hydraulic fracture performs a major function in the gas process. Chemicals, injecting sans, and water are introduced into a well under the process. Hydraulic fracturing methods lead to the development of the proppants. Various types of proppants are available in the market, however, synthetic proppants provide enhanced performance under high-pressure conditions.
The synthetic proppants market is segmented depending on various characteristics. By product type, the market is categorized into ceramics, aluminum beads, and wintered bauxite. Ceramic proppants are produced from kaolin clay, which is furthers intered to reduce the content of the water and increase density. In addition, synthetic proppants exhibit high gravity and viscosity in fracking fluid.Â
The applications covered in the study include shale gas, tight gas, cold bed methane, and others. Synthetic proppants are used widely in oil &gas resources. An increase in oil well activities to meet the sustainable demand of the oil is expected to augment the growth of the market during the forecast period.Â
Region wise, North America is anticipated to be the largest market of synthetic proppants. Other emerging economies in Asia Pacific and Europe are likely to contribute toward increased demand for synthetic proppants.
Scope of the report
|
                    Report Metric |
                                                  Details |
|
 Market Size available for years |
 2019-2027 |
|
 Base Year Considered |
 2019 |
|
 Forecast Period |
 2020-2027 |
|
 Forecast Unit |
 Value (USD) and Volume (Tons) |
|
 Segments covered |
 Product type, Application, and Region |
|
 Regions Covered |
North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East &Africa |
|
 Companies Covered |
Carbo Ceramics Inc., U.S. Silica Holdings, Inc., Fairmount Santrol Holdings Inc., Badger Mining Corporation, Momentive Performance Materials, Unimin Corporation,Compagine de Saint-Gobin S.A., Fores Ltd., Hexion Inc., and Hi-Crush LP Partners |
Â
COVID-19 scenario analysis
- Rise in oil price due to the outbreak of the COVID-19 pandemic, led to stiff competition for synthetic proppanants. In addition, easy availability of alternatives, such as inexpensive silica (frac) sand may negatively impact the market demand.
- As the oil price is rising, the extraction of hydrocarbon becomes more expensive, which lead to temporary shutdown of manufacturing facilities.
- However, for long term, frac sand proppant loading may not be a suitable choice, as high-pressure, high-temperature wells are not suited for using frac sand. This may positively impact the demand for synthetic proppanants.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis:
The large-scale demand for synthetic proppants products such as shale gas and frac sand due to their low price is the major driver of the global market. Proppants play a crucial role in the extraction process by keeping the supply of natural gases and oil unhindered. Furthermore, synthetic proppants have witnessed high demand in the transportation and power generation industries. It is further expected to witness high demand for frac sand for the fracking process during the forecast period. Ceramic synthetic proppants exhibit high-pressure and high-temperature resistance property, thus are used widely in transports. The major trend of the synthetic proppants market is the incorporation of eco-friendly processes in oil wells, whereas the restraint of the market includes reduction in operating expenses.
Key segments covered
|
                         Segment |
                                                  Sub-segment |
|
 By Product |
|
|
 By Application |
|
|
 By Region |
|
Â
Key market players
The major players operating in the global synthetic proppants are Badger Mining Corporation, Momentive Performance Materials, Unimin Corporation Compagine De Saint-Gobin S.A., Fores, Carde, and Hi-Crush LP Partners. Expansions, acquisitions, partnerships, and new product developments are the key strategies adopted by these market players to expand their business in potential markets. In addition, they are focusing on strategies such as organic and inorganic growth developments, including contracts and investments.
Key benefits of the reportÂ
- This study presents the analytical depiction of the global synthetic proppants market along with the current trends and market estimation to determine the imminent investment pockets
- The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the global synthetic proppants market share
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the synthetic proppants market growth scenario
- The report provides a detailed market analysis depending on competitive and how the competition will take shape in coming years
- This report helps users in comprehending the key product segments and their future
Questions answered in the global synthetic proppants market research report:
- Which are the leading players active in the global synthetic proppants market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What should be the response of the synthetic proppants market players amid the COVID-19 pandemic?
- What are the projections for the future that would help in taking further strategic steps?
- What is the outlook of the industry?
- What are the emerging key segments in the synthetic proppants market?
- What are the major changes and assessments in synthetic proppants market dynamics?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Synthetic Proppants Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Â T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.