프로판트 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 최종 용도 산업별, 지역별 - 산업 예측(2025-2032년)

Proppant Market size was valued at USD 8.6 Billion in 2023 and is poised to grow from USD 9.36 Billion in 2024 to USD 18.37 Billion by 2032, growing at a CAGR of 8.8% during the forecast period (2025-2032).

The proppant market is experiencing significant growth fueled by the increasing demand for hydraulic fracturing in the oil and gas sector. These materials play a crucial role in maintaining the integrity of the fractures created during fracking, which are essential for enhancing oil and gas production from wells. As hydraulic fracturing techniques become more widespread to optimize resource extraction, the necessity for high-quality proppants will continue to rise. The integration of proppants with fracturing fluids facilitates the sustained flow of hydrocarbons, ensuring that fissures remain open and effective. This dynamic is driving innovation and investment within the proppant market, highlighting its importance in the overall efficiency and productivity of oil and gas operations.

Top-down and bottom-up approaches were used to estimate and validate the size of the Proppant market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Proppant Market Segments Analysis

Global Proppant Market is segmented by type, application, end use industry and region. Based on type, the market is segmented into frac sand (white sand, brown sand), resin-coated proppants (pre-cured resin coated, curable resin coated) and ceramic proppants (low density, medium density, high density). Based on application, the market is segmented into shale gas, tight gas, coalbed methane and others (oil sands, conventional oil & gas). Based on end use industry, the market is segmented into oil & gas exploration (hydraulic fracturing, enhanced oil recovery (EOR)), construction (concrete additives, road construction) and others (water filtration, foundry). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Proppant Market

The global oil and gas production landscape has transformed significantly due to advancements in horizontal drilling and multistage fracturing techniques. Exploration and production companies are increasingly using more sand for drilling and completing horizontal wells, a trend anticipated to accelerate. The average consumption of sand per horizontal well has seen a substantial increase, driven by longer lateral lengths and enhanced loadings per lateral foot, and this upward trajectory is expected to continue. This growing demand for drilling proppants is largely attributed to the ongoing innovations aimed at favoring the use of natural sand or frac sand over ceramic alternatives.

Restraints in the Proppant Market

The production of ceramic proppants relies on a highly energy-consuming process involving materials such as sintered bauxite, kaolin, and magnesium silicate, or their combinations. For these proppants to effectively enhance the porosity and permeability of the proppant bed, it is crucial that they maintain a consistent size, shape, sphericity, and roundness throughout the manufacturing phase. This requirement presents a significant challenge, as any variations in these characteristics can adversely affect the performance and efficiency of the proppants in hydraulic fracturing applications. Consequently, the energy demands and need for precision in production contribute to potential constraints within the proppant market.

Market Trends of the Proppant Market

The proppant market is experiencing a notable shift towards frac sand, which has emerged as the predominant choice for hydraulic fracturing operations. This preference is driven by the inherent properties of round-grain quartz sand, characterized by its impressive strength and purity, essential for effective well stimulation. The predominance of sandstone in the composition of frac sand contributes to its performance, fueling its demand in the oil and gas industries. As extraction techniques evolve, the emphasis on cost-effectiveness and operational efficiency further bolsters the use of frac sand, solidifying its position as a key driver in the proppant market landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies

Global Proppant Market Size by Type & CAGR (2025-2032)

• Market Overview
• Frac Sand
  • White Sand
  • Brown Sand
• Resin-Coated Proppants
  • Pre-cured Resin Coated
  • Curable Resin Coated
• Ceramic Proppants
  • Low Density
  • Medium Density
  • High Density

Global Proppant Market Size by Application & CAGR (2025-2032)

• Market Overview
• Shale Gas
• Tight Gas
• Coalbed Methane
• Others
  • Oil Sands
  • Conventional Oil & Gas

Global Proppant Market Size by End Use Industry & CAGR (2025-2032)

• Market Overview
• Oil & Gas Exploration
  • Hydraulic Fracturing
  • Enhanced Oil Recovery (EOR)
• Construction
  • Concrete Additives
  • Road Construction
• Others
  • Water Filtration
  • Foundry

Global Proppant Market Size & CAGR (2025-2032)

• North America, (Type, Application, End Use Industry)
  • US
  • Canada
• Europe, (Type, Application, End Use Industry)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Type, Application, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Type, Application, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Type, Application, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Carbo Ceramics Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covia Holdings Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• U.S. Silica Holdings, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hi-Crush Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JSC Borovichi Refractories Plant (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Badger Mining Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Smart Sand Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Preferred Sands (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pioneer Natural Resources Company (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saint-Gobain Proppants (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fairmount Santrol (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Atlas Sand Company, LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vista Proppants and Logistics, LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Emerge Energy Services LP (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mineracao Curimbaba Ltd (Brazil)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Superior Silica Sands LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fores Ltd. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Gengsheng Minerals, Inc. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hexion Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Momentive Specialty Chemicals Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation