Proppants Market in North America by Type and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72161

The proppants market share in North America is expected to increase by USD 1.36 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.52%.

This proppants market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the proppants market in North America segmentation by type (regular sand, resin-coated, and ceramic) and geography (US, Canada, and Mexico). The proppants market in North America report also offers information on several market vendors, including Badger Mining Corp., CARBO Ceramics Inc., Compagnie de Saint Gobain SA, Covia Holdings Corp., Fores Ltd., Hexion Inc., Hi-Crush Inc., Preferred Proppants LLC, Superior Silica Sands LLC, and US Silica Holdings Inc. among others.

What will the Proppants Market Size in North America be During the Forecast Period?

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Proppants Market in North America: Key Drivers, Trends, and Challenges

The growing demand for fine mesh raw frac sand is notably driving the proppants market growth in North America, although factors such as environmental concerns associated with the hydraulic fracturing process may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the proppants industry in North America. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Proppants Market Driver in North America

One of the key factors driving the proppants market growth in North America is the growing demand for fine mesh raw frac sand. The demand for fine mesh raw frac sand, including Northern White sand, is increasing, especially in the US, owing to factors such as the adoption of various technological advances, increased demand for petroleum products, and the increased discovery and drilling of unconventional oil and natural gas reservoirs in North America. Furthermore, some mesh sand can easily flow around corners or rocks where larger grain sands typically tend to settle down, which increases the flowability of the slickwater mixture, thus allowing the proppant to penetrate farther into fractures when pumped in larger volumes. Such beneficial properties will boost the adoption of fine mesh raw frac sand, creating growth opportunities for the overall proppants market in North America during the forecast period.


Key Proppants Market Trend in North America

Another key factor driving the proppants market growth in North America is the technological developments in the hydraulic fracturing process. The hydraulic fracturing process now makes use of sensors and software to monitor the water quality and the condition of the equipment used to improve the efficiency of the entire process. Similarly, real-time pressure data is of prime importance to prevent the issue of over-fracturing. Such technological improvements that enhance productivity by focusing on optimizing unconventional oil and gas production are expected to increase the adoption of more efficient fracking systems for better recovery of oil and gas from unconventional reserves, which will support the growth of the market in focus during the forecast period.

Key Proppants Market Challenge in North America

One of the key challenges to the proppants market growth in North America is the environmental concerns associated with the hydraulic fracturing process. Although hydraulic fracturing is not a carbon-intensive process, it still poses the potential threat of methane leaks and water pollution during the process. Furthermore, large quantities of water are used during hydraulic fracturing, which leads to the depletion of groundwater and freshwater resources. Moreover, the chemicals used during the hydraulic fracturing process can lead to health concerns for people and animals living in the vicinity. Such issues can hinder the adoption of unconventional production projects, thereby negatively impacting the growth of the market in focus during the forecast period.

This proppants market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the proppants market in North America as a part of the global commodity chemicals market within the global chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the proppants market in North America during the forecast period.

Who are the Major Proppants Market Vendors in North America?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Badger Mining Corp.
  • CARBO Ceramics Inc.
  • Compagnie de Saint Gobain SA
  • Covia Holdings Corp.
  • Fores Ltd.
  • Hexion Inc.
  • Hi-Crush Inc.
  • Preferred Proppants LLC
  • Superior Silica Sands LLC
  • US Silica Holdings Inc.

 

This statistical study of the proppants market in North America encompasses successful business strategies deployed by the key vendors. The proppants market in North America is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Hexion Inc. - The company offers OilPlus proppants that are specifically designed for fracturing treatments in oil and liquid-rich reservoirs.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The proppants market in North America forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Proppants Market in North America Value Chain Analysis

Our report provides extensive information on the value chain analysis for the proppants market in North America, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global commodity chemicals market within the global chemicals market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Proppants Market in North America?

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73% of the market's growth will originate from the US during the forecast period. US, Canada, and Mexico are the key markets for proppants in North America. Market growth in this country will be faster than the growth of the market in Canada.

The growing extraction and production of crude oil in counties such as the US will facilitate the proppants market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis
The proppants market in the US witnessed certain challenges due to the COVID-19 pandemic in 2020 and early 2021. According to the European Centre for Disease Prevention and Control (ECDC), as of January 18, 2022, there were over 66.5 million COVID-19 cases in the US. Most of the industrial operations in the country were negatively impacted as the restrictions and lockdowns triggered by the COVID-19 pandemic led to significant downtime, shipment delays, and challenges in manufacturing in 2020. However, the federal government of the US announced a series of economic stimulus packages to help industrial units return to normalcy in late 2020 and H1 2021. Such factors are expected to help in the recovery of the market in focus during the forecast period.

What are the Revenue-generating Type Segments in the Proppants Market in North America?

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The proppants market share growth in North America by the regular sand segment will be significant during the forecast period. The growth is attributed to its broad applicability in oil and natural gas wells as well as its cost advantages when compared with other proppants. Regular sand has been employed in almost all major US oil and natural gas producing basins, including the Eagle Ford, Barnett, Fayetteville, Haynesville, DJ, Permian, Granite Wash, Marcellus, Utica, Niobrara, Williston, and Woodford basins.

This report provides an accurate prediction of the contribution of all the segments to the growth of the proppants market size in North America and actionable market insights on post COVID-19 impact on each segment.

 

Proppants Market Scope in North America

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.52%

Market growth 2022-2026

$ 1.36 billion

Market structure

Fragmented

YoY growth (%)

8.80

Regional analysis

North America

Performing market contribution

US at 73%

Key consumer countries

US, Canada, and Mexico

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Badger Mining Corp., CARBO Ceramics Inc., Compagnie de Saint Gobain SA, Covia Holdings Corp., Fores Ltd., Hexion Inc., Hi-Crush Inc., Preferred Proppants LLC, Superior Silica Sands LLC, and US Silica Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Proppants Market in North America Report ?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive proppants market growth in North America during the next five years
  • Precise estimation of the proppants market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the proppants market industry in North America 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of proppants market vendors in North America 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                           

                **1.1 Market Overview

                                *Exhibit 01:  Key Finding 1

                                *Exhibit 02:  Key Finding 2

                                *Exhibit 03:  Key Finding 3

                                *Exhibit 04:  Key Finding 5

                                *Exhibit 05:  Key Finding 6

                                *Exhibit 06:  Key Finding 7

***2. Market Landscape                             

                **2.1 Market ecosystem             

                                *Exhibit 07:  Parent market

                                *Exhibit 08:  Market characteristics

                **2.2 Value chain analysis           

                                *Exhibit 09:  Value chain analysis: Commodity chemicals

                                *2.2.1 Inputs

                                *2.2.2 Inbound logistics

                                *2.2.3 Operations

                                *2.2.4 Outbound logistics

                                *2.2.5 Marketing and sales

                                *2.2.6 End-customers

                                *2.2.7 Innovations

***3. Market Sizing                       

                **3.1 Market definition

                                *Exhibit 10:  Offerings of vendors included in the market definition

                **3.2 Market segment analysis 

                                *Exhibit 11:  Market segments

                **3.3 Market size 2021 

                **3.4 Market outlook: Forecast for 2021 - 2026 

                                *3.4.1 Estimating growth rates for emerging and high-growth markets

                                *3.4.2 Estimating growth rates for mature markets

                                *Exhibit 12:  Global - Market size and forecast 2021 - 2026 ($ million)

                                *Exhibit 13:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 14:  Five forces analysis 2021 & 2026

                **4.2 Bargaining power of buyers           

                                *Exhibit 15: Bargaining power of buyers

                **4.3 Bargaining power of suppliers       

                                *Exhibit 16: Bargaining power of suppliers

                **4.4 Threat of new entrants    

                                *Exhibit 17: Threat of new entrants

                **4.5 Threat of substitutes         

                                *Exhibit 18: Threat of substitutes

                **4.6 Threat of rivalry   

                                *Exhibit 19: Threat of rivalry

                **4.7 Market condition

                                *Exhibit 20:  Market condition - Five forces 2021

***5 Market Segmentation by Type                      

                **5.1 Market segments

                                *Exhibit 21:  Type - Market share 2021-2026 (%)

                **5.2 Comparison by Type          

                                *Exhibit 22:  Comparison by Type

                **5.3 Regular sand - Market size and forecast 2021-2026               

                                *Exhibit 23:  Regular sand - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 24:  Regular sand - Year-over-year growth 2021-2026 (%)

                **5.4 Resin-coated - Market size and forecast 2021-2026               

                                *Exhibit 25:  Resin-coated - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 26:  Resin-coated - Year-over-year growth 2021-2026 (%)

                **5.5 Ceramic - Market size and forecast 2021-2026        

                                *Exhibit 27:  Ceramic - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 28:  Ceramic - Year-over-year growth 2021-2026 (%)

                **5.6 Market opportunity by Type          

                                *Exhibit 29:  Market opportunity by Type

***6. Customer landscape                         

                **6.1 Overview

                                *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                *Exhibit 30: ?Customer landscape?

***7 Geographic Landscape                      

                **7.1 Geographic segmentation

                                *Exhibit 31:  Market share by geography 2021-2026 (%)

                **7.2 Geographic comparison   

                                *Exhibit 32:  Geographic comparison

                **7.3 US - Market size and forecast 2021-2026   

                                *Exhibit 33:  US - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 34:  US - Year-over-year growth 2021-2026 (%)

                **7.4 Canada - Market size and forecast 2021-2026          

                                *Exhibit 35:  Canada - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 36:  Canada - Year-over-year growth 2021-2026 (%)

                **7.5 Mexico - Market size and forecast 2021-2026          

                                *Exhibit 37:  Mexico - Market size and forecast 2021-2026 ($ million)

                                *Exhibit 38:  Mexico - Year-over-year growth 2021-2026 (%)

                **7.6 Key leading countries        

                                *Exhibit 39:  Key leading countries

                **7.7 Market opportunity by geography

                                *Exhibit 40:  Market opportunity by geography ($ million)

***8. Drivers, Challenges, and Trends                   

                **8.1 Market drivers     

                                *8.1.1 Growing demand for fine mesh raw frac sand

                                *8.1.2 Rising investments in shale oil and gas

                                *8.1.3 Abundance of unconventional oil and gas resources

                **8.2 Market challenges              

                                *8.2.1 Environmental concerns associated with the hydraulic fracturing process

                                *8.2.2 Increasing investments in renewable energy

                                *8.2.3 Fluctuation in global crude oil prices

                                *Exhibit 41:  Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1 Technological developments in the hydraulic fracturing process

                                *8.3.2 Adoption of supercritical carbon dioxide in fracking

                                *8.3.3 Rise in adoption of green fracking methods

***9. Vendor Landscape                             

                **9.1 Overview

                                *Exhibit 42: Vendor landscape

                                *The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                **9.2 Landscape disruption        

                                *Exhibit 43: ?Landscape disruption?

                                *Exhibit 44: Industry risks

***10. Vendor Analysis               

                **10.1 Vendors covered              

                                *Exhibit 45: Vendors covered

                **10.2 Market positioning of vendors    

                                *Exhibit 46: ?Market positioning of vendors?

                **10.3 Badger Mining Corp.       

                                *Exhibit 47:  Badger Mining Corp. - Overview

                                *Exhibit 48:  Badger Mining Corp. - Product and service

                                *Exhibit 49:  Badger Mining Corp. - Key offerings

                **10.4 CARBO Ceramics Inc.       

                                *Exhibit 50:  CARBO Ceramics Inc. - Overview

                                *Exhibit 51:  CARBO Ceramics Inc. - Business segments

                                *Exhibit 52:  CARBO Ceramics Inc. - Key offerings

                                *Exhibit 53:  CARBO Ceramics Inc. - Segment focus

                **10.5 Compagnie de Saint Gobain SA   

                                *Exhibit 54:  Compagnie de Saint Gobain SA - Overview

                                *Exhibit 55:  Compagnie de Saint Gobain SA - Business segments

                                *Exhibit 56:  Compagnie de Saint Gobain SA - Key offerings

                                *Exhibit 57:  Compagnie de Saint Gobain SA - Segment focus

                **10.6 Covia Holdings Corp.       

                                *Exhibit 58:  Covia Holdings Corp. - Overview

                                *Exhibit 59:  Covia Holdings Corp. - Product and service

                                *Exhibit 60:  Covia Holdings Corp. - Key offerings

                *10.7 Fores Ltd.

                                *Exhibit 61:  Fores Ltd. - Overview

                                *Exhibit 62:  Fores Ltd. - Product and service

                                *Exhibit 63:  Fores Ltd. - Key offerings

                **10.8 Hexion Inc.          

                                *Exhibit 64:  Hexion Inc. - Overview

                                *Exhibit 65:  Hexion Inc. - Business segments

                                *Exhibit 66:  Hexion Inc. - Key offerings

                                *Exhibit 67:  Hexion Inc. - Segment focus

                **10.9 Hi-Crush Inc.       

                                *Exhibit 68:  Hi-Crush Inc. - Overview

                                *Exhibit 69:  Hi-Crush Inc. - Product and service

                                *Exhibit 70:  Hi-Crush Inc. - Key News

                                *Exhibit 71:  Hi-Crush Inc. - Key offerings

                **10.10 Proppants LLC 

                                *Exhibit 72:  Preferred Proppants LLC - Overview

                                *Exhibit 73:  Preferred Proppants LLC - Product and service

                                *Exhibit 74:  Preferred Proppants LLC - Key offerings

                **10.11 Superior Silica Sands LLC             

                                *Exhibit 75:  Superior Silica Sands LLC - Overview

                                *Exhibit 76:  Superior Silica Sands LLC - Product and service

                                *Exhibit 77:  Superior Silica Sands LLC - Key offerings

                **10.12 US Silica Holdings Inc.  

                                *Exhibit 78:  US Silica Holdings Inc. - Overview

                                *Exhibit 79:  US Silica Holdings Inc. - Business segments

                                *Exhibit 80:  US Silica Holdings Inc. - Key offerings

                                *Exhibit 81:  US Silica Holdings Inc. - Segment focus

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 ????Market definition

                                *11.1.2 ????Objectives

                                *11.1.3 ????Notes and caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 82: ?Currency conversion rates for US$?

                **11.3 Research Methodology 

                                *Exhibit 83: ?Research Methodology

                                *Exhibit 84: ??Validation techniques employed for market sizing?

                                *Exhibit 85: ??Information sources

                **11.4 List of abbreviations        

                                *Exhibit 86: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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