Authored By: Sarah
11 Jul 2024

 Proppants Market Size to grow by USD 5.30 billion between 2024-2028

According to a research report “ Proppants Market” by Product Type (Frac sand, Ceramic proppants, Resin coated proppants) Application (Shale gas, Coal bed methane, Tight gas, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 5.30 billion, at a CAGR of  8.42% during the forecast period. In the oil and gas industry, fine mesh raw frac sand serves as a cost-effective proppant during the extraction process and enhances the flow of hydrocarbons. Compared to other proppants like resin-coated sand and manufactured ceramics, its usage is on the rise due to its affordability. The global proppants market is experiencing significant growth, driven primarily by the increasing demand for fine mesh raw frac sand, particularly Northern White sand, in the US. Factors such as technological advancements, rising petroleum product demand, and the emergence of unconventional oil and natural gas reservoirs, particularly in North America, are fueling this trend.

Browse market data tables, figures, and in-depth TOC on “Proppants Market” by Product Type (Frac sand, Ceramic proppants, Resin coated proppants) Application (Shale gas, Coal bed methane, Tight gas, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample


By Product Type, the Frac sand segment is projected to dominate the market size in 2024

In the global proppants market, the shale gas segment dominates with the largest market share in 2023. Proppants are essential in the hydraulic fracturing process to facilitate the extraction of natural gas from shale formations. Shale gas, a clean-burning fossil fuel primarily composed of methane, is increasingly preferred due to its low emissions and environmental friendliness. The growing demand for natural gas in emerging economies, particularly India and China, is expected to boost shale gas consumption and, consequently, the demand for proppants during the forecast period.

By Application, Shale gas  segment is expected to hold the largest market size for the year 2024

The frac sand segment dominates the global proppants market, accounting for the largest market share in 2023. Frac sand is a naturally sourced proppant derived from high-purity sandstone. Comprised of over 99% quartz, its grains are exceptionally spherical and resilient, making it an ideal choice for use in oil and natural gas exploration. Frac sand's applications extend to both oil and natural gas sectors, encompassing the discovery phase of hydrocarbon resources through drilling and extraction processes.

North America is forecasted to hold the largest market size by region in 2024

The North American proppants market is projected to experience substantial expansion during the forecast period. With North America being the largest consumer of proppants like frac sand for unconventional oil and gas production, its growth is attributed to the region's early adoption of unconventional drilling techniques, such as hydraulic fracturing. The US, in particular, holds a vast abundance of shale oil and gas reserves, with over 170 billion barrels of technically recoverable shale oil resources and over 1,600 trillion cubic feet (tcf) of technically recoverable shale and tight natural gas. Horizontal wells in tight formations, such as shale, are drilled using hydraulic fracturing to access these resources, making North America a significant market for proppants.

The Proppants Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Atlas Energy Solutions, Inc.
  • Badger Mining Corp.
  • Baker Hughes Co.
  • CARBO Ceramics Inc.
  • ChangQing Proppant Corp.
  • Compagnie de Saint Gobain
  • Covia Holdings LLC
  • Curimbaba Group
  • Hexion Inc.
  • Hi Crush Inc.
  • JSC Borovichi Refractories Plant
  • Minerals Technologies Inc.
  • Preferred Proppants LLC
  • Schlumberger Ltd.
  • SUN Specialty Products
  • US Silica Holdings Inc.
  • WaterTectonics Inc.
  • Xinmi Wanli Industry Development Co. Ltd.
  • Rockleigh Industries Inc.

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Research Analysis Overview

The Proppants market has witnessed significant growth in recent years due to the increasing demand for natural gas and crude oil production. Natural gas production, particularly from unconventional sources like Shale Gas, Tight Gas, and Coalbed Methane, has been a major driver for the market. Proppants, primarily raw frac sand or silica sand, are essential components in hydraulic fracturing, a process used to extract these unconventional hydrocarbons. During hydraulic fracturing, the crushing forces of the fluid cause the proppants to keep the fissures open, allowing the hydrocarbons to flow freely. Traditional proppants include silica sand and quartz sand, but alternative options like sintered bauxite, ceramic sand, and resin-coated proppants are also gaining popularity. Environmental concerns regarding the use of raw frac sand and the potential impact on water resources have led to the exploration of alternative proppant materials. Hydraulic fracturing fluid, a critical component of the process, also plays a role in the selection of proppants. The petroleum sector's reliance on horizontal drilling has further boosted the demand for proppants. Overall, the Proppants market is expected to continue its growth trajectory, driven by the increasing demand for natural gas and crude oil production.

Market Research Overview

The Proppants market has gained significant attention due to the increasing demand for crude oil and natural gas production from shale resources. However, the use of proppants in hydraulic fracturing, also known as fracking, has raised concerns over water contamination and environmental impacts. During the fracking process, large amounts of water, sand, and chemicals are injected into shale formations to create fissures and release hydrocarbons. The sand acts as a proppant, holding the fissures open after the hydraulic fracturing fluid is withdrawn. Traditional proppants include raw frac sand, such as silica sand or quartz sand, which can cause contamination of water sources due to their fine particles. However, alternative proppants like ceramic materials, such as treated sand, sintered bauxite, and ceramic sand, have gained popularity due to their spherical shape and improved resistance to crushing forces. The political scenario and health concerns surrounding fracking have led to debates on the use of proppants in the petroleum sector. The oil and gas industry has responded by developing new drilling techniques, such as horizontal drilling and multistage fracturing, to minimize the environmental impact. The use of proppants in coalbed methane, tight gas, and shale gas production has also increased, leading to a growing demand for ceramic proppants. Despite the benefits, the environmental concerns and regulatory challenges remain, making the proppants market a complex and evolving landscape.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

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