The global frac sand market reached a value of US$ 7.27 Billion in 2020. 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. Looking forward, IMARC Group expects the global frac sand market to exhibit moderate growth during the next five years.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- White Sand
- Brown Sand
- Others
- Market Breakup by Application:
- Oil Exploitation
- Natural Gas Exploration
- Others
- Market 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:
- How has the global frac sand market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global frac sand industry?
- What has been the impact of COVID-19 on the global frac sand industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global frac sand industry?
- What are the key driving factors and challenges in the global frac sand industry?
- What is the structure of the global frac sand industry and who are the key players?
- What is the degree of competition in the global frac sand industry?
- What are the profit margins in the global frac sand industry?
The global frac sand market size was valued at US$ 7.27 Billion in 2020.
According to the estimates by IMARC Group, the global frac sand market is expected to witness moderate growth during 2021-2026.
The expanding oil and gas industry that utilizes frac sand in hydraulic fracturing applications represents one of the key drivers for the global frac sand market.
The introduction of fine mesh frac sand, which enhances the flow of natural fluid while they are released from the shale, represents one of the key trends in the global frac sand market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous oil and gas exploration activities, thereby limiting the demand for frac sand.
On the basis of the type, the market has been bifurcated into white sand, brown sand, and others. Currently, white sand accounts for the majority of the market share.
On the basis of the type, the market has been bifurcated into white sand, brown sand, and others. Currently, white sand accounts for the majority of the market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
The key companies in the global frac sand market are 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.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Frac Sand Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Type
6.1 White Sand
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Brown Sand
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Oil Exploitation
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Natural Gas Exploration
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Asia Pacific
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Manufacturing Process
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 CARBO Ceramics
14.3.2 Emerge Energy Services
14.3.3 Covia Holdings
14.3.4 Hi Crush
14.3.5 Source Energy Services
14.3.6 U.S Silica
14.3.7 Preferred Sands
14.3.8 Badger Mining Corporation
14.3.9 Mammoth Energy Service, Inc
14.3.10 Smart Sand Inc.
14.3.11 Chongqing Changjiang
List of Figures
Figure 1: Global: Frac Sand Market: Major Drivers and Challenges
Figure 2: Global: Frac Sand Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Frac Sand Market: Breakup by Type (in %), 2020
Figure 4: Global: Frac Sand Market: Breakup by Application (in %), 2020
Figure 5: Global: Frac Sand Market: Breakup by Region (in %), 2020
Figure 6: Global: Frac Sand Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Frac Sand Industry: SWOT Analysis
Figure 8: Global: Frac Sand Industry: Value Chain Analysis
Figure 9: Global: Frac Sand Industry: Porter’s Five Forces Analysis
Figure 10: Global: Frac Sand (White Sand) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Frac Sand (White Sand) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Frac Sand (Brown Sand) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Frac Sand (Brown Sand) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Frac Sand (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Frac Sand (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Frac Sand (Oil Exploitation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Frac Sand (Oil Exploitation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Frac Sand (Natural Gas Exploration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Frac Sand (Natural Gas Exploration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Frac Sand (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Frac Sand (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Frac Sand Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Frac Sand Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Asia Pacific: Frac Sand Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Asia Pacific: Frac Sand Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Europe: Frac Sand Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Europe: Frac Sand Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Middle East and Africa: Frac Sand Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Middle East and Africa: Frac Sand Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Latin America: Frac Sand Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Latin America: Frac Sand Market Forecast: Sales Value (in Million US$), 2021-2026
List of Tables
Table 1: Global: Frac Sand Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Frac Sand Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Frac Sand Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Frac Sand Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Frac Sand Market Structure
Table 6: Global: Frac Sand Market: Key Players