NJ New Jersey, USA -- (SBWire) -- 07/13/2023 --The latest study released on the Global Frac Sand Market by AMA Research evaluates market size, trend, and forecast to 2028. The Frac Sand market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Some of the Major Key Players in This Report are Chongqing Changjiang (China), Fairmount Santrol Inc. (United States), Source Energy Services (Canada), Mitsubishi Corporation (Japan), U.S. Silica Holdings Inc. (United States), CARBO Ceramics Inc. (United States), Qualicy Industries Pvt Ltd (India), Shiv Minerals (India), Minehub (India).
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Definition: Frac sand is defined as the naturally occurring crystalline silica sand which is processed from high-purity sandstone. It is widely used in the oil and gas industry for hydraulic fracturing. Frac sand is used to prop open fractures which are known as proppant. Increasing usage of frac sand in various application such as oil exploitation & natural gas exploration and rising demand for oil and gas extracted from unconventional resources is likely to be a prime driver for the global frac sand market.
In June 2022, ProFrac Holding Corp announced that its subsidiary ProFrac Holdings II, LLC acquired SP Silica of Monahans, LLC, and SP Silica Sales, LLC. It is a subsidiary of Signal Peak Silica. This acquisition was valued at approximately USD 90 million. With the acquisition, company has expanded its frac sand business.
Market Opportunities:
Unconventional Oil and Gas Reserves and Rising Demand from Emerging Market such as China and India
Market Trends:
One of the Latest of this Market is the Rising Demand of Frac Sand for the Extraction of Petroleum Fluids
Market Drivers:
Growth in the Oil and Gas Industry and Increasing Proppant Consumption Per Well
The Extensive Use of Frac Sand for Extracting Petroleum by the Fracking Process
The Global Frac Sand Market segments and Market Data Break Down are illuminated below: by Type (Northern White Sand, Brown (Brady) Sand, Others), Application (Oil Exploitation, Natural Gas Exploration), Sand Sizes Ranges (0.1 Millimeters in Diameter, 2 Millimeter in Diameter, Others)
Global Frac Sand market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Frac Sand market by value and volume.
-To estimate the market shares of major segments of the Frac Sand
-To showcase the development of the Frac Sand market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Frac Sand market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Frac Sand
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Frac Sand market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Frac Sand Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Frac Sand market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Frac Sand Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Frac Sand Market Production by Region Frac Sand Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Frac Sand Market Report:
Frac Sand Overview, Definition and Classification Market drivers and barriers
Frac Sand Market Competition by Manufacturers
Frac Sand Capacity, Production, Revenue (Value) by Region (2023-2028)
Frac Sand Supply (Production), Consumption, Export, Import by Region (2023-2028)
Frac Sand Production, Revenue (Value), Price Trend by Type {Northern White Sand, Brown (Brady) Sand, Others}
Frac Sand Market Analysis by Application {Oil Exploitation, Natural Gas Exploration}
Frac Sand Manufacturers Profiles/Analysis Frac Sand Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
How feasible is Frac Sand market for long-term investment?
What are influencing factors driving the demand for Frac Sand near future?
What is the impact analysis of various factors in the Global Frac Sand market growth?
What are the recent trends in the regional market and how successful they are?
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