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Frac Sand Market to Reach USD 4.27 Bn by 2024, Badger Mining Corp. and CARBO Ceramics Inc. Emerge as a Key Contributers to Growth | Technavio

·6 mins read

Technavio has been monitoring the global frac sand market size and it is poised to grow by USD 4.27 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201015005685/en/

Technavio has announced its latest market research report titled Global Frac Sand Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

Frequently Asked Questions:

  • Based on segmentation by type, which is the leading segment in the market?
    White sand is the leading segment in the market based on type.

  • What are the major trends in the market?
    The abundance of unconventional oil and gas resources is a key market trend.

  • At what rate is the market projected to grow?
    The market is expected to grow at a CAGR of almost 10% during the forecast period.

  • Who are the top players in the market?
    Badger Mining Corp., CARBO Ceramics Inc., Covia Holdings Corp., Emerge Energy Services LP, Hi-Crush Partners LP, SCR-Sibelco NV, Sierra Frac Sand LLC, Smart Sand Inc., Source Energy Services Ltd., and U.S. Silica Holdings Inc. are some of the major market participants.

  • What are the key market drivers and challenges?
    The increasing demand for fine mesh raw frac sand will offer immense growth opportunities.

  • How big is the North America market?

The market in North America is expected to grow by 67% during the forecast period.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Badger Mining Corp., CARBO Ceramics Inc., Covia Holdings Corp., Emerge Energy Services LP, Hi-Crush Partners LP, SCR-Sibelco NV, Sierra Frac Sand LLC, Smart Sand Inc., Source Energy Services Ltd., and U.S. Silica Holdings Inc. are some of the major market participants. The increasing demand for fine mesh raw frac sand will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Frac Sand Market 2020-2024: Segmentation

Frac Sand Market is segmented as below:

  • Type

    • White Sand

    • Brown Sand

  • Geographic Landscape

    • APAC

    • Europe

    • MEA

    • North America

    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41563

Frac Sand Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The frac sand market report covers the following areas:

  • Frac Sand Market Size

  • Frac Sand Market Trends

  • Frac Sand Market Industry Analysis

This study identifies the abundance of unconventional oil and gas resources as one of the prime reasons driving the Frac Sand Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Frac Sand Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist frac sand market growth during the next five years

  • Estimation of the frac sand market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the frac sand market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of frac sand market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Type

  • Market segments

  • Comparison by Type placement

  • White sand - Market size and forecast 2019-2024

  • Brown sand - Market size and forecast 2019-2024

  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers

  • Volume driver - Demand led growth

  • Volume driver - Supply led growth

  • Volume driver - External factors

  • Volume driver - Demand shift in adjacent markets

  • Price driver - Inflation

  • Price driver - Shift from lower to higher-priced units

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Badger Mining Corp.

  • CARBO Ceramics, Inc.

  • Covia Holdings Corp.

  • Emerge Energy Services LP

  • Hi-Crush Partners LP

  • SCR-Sibelco NV

  • Sierra Frac Sand LLC

  • Smart Sand, Inc.

  • Source Energy Services Ltd.

  • U.S. Silica Holdings Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201015005685/en/

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