Materials & Chemicals

Global Frac Sand Market 2016-2020

  • TEC590213
  • 64 Pages
  • May 2016
  • Materials & Chemicals
About the Frac Sand Market

The global frac sand market has become an integral part of the oil and gas sector due to the increasing demand for oil and gas extracted from unconventional resources. Some of the key consumers of frac sand are oil and gas companies operating in the shale formations in the US and Canada.
The players on the supply side as well as demand side engage in business by forming contracts. The expiry of some of these contracts in 2015 has created much uncertainty on the demand side. In addition, falling oil prices negatively impacted the demand for frac sand. Consumers operating in shale formations like Eagle Ford and Permian basin have reduced drilling, and as a result, there has been a continuous decline in the number of rigs.
Technavios analysts forecast the global frac sand market to grow at a CAGR of 10.29% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global frac sand market for 2016-2020.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global Frac Sand Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Emerge Energy Services
Hi-Crush Partners
Northern Frac Proppants
US Silica

Other prominent vendors
Chieftain Sand
Di-Corp
Hanson Lake Sands
LaPrairie Group
Sibelco
Source Energy Services
Unimin
Victory Nickel
Vista Sand

Market driver
Technological advances in oil extraction
For a full, detailed list, view our report

Market challenge
Decreasing oil prices and reduced drilling
For a full, detailed list, view our report

Market trend
Market consolidation
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.


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