Selbyville, DE -- (SBWIRE) -- 05/28/2019 -- According to this study, over the next five years the Frac Sand market will register a 14.7% CAGR in terms of revenue, the global market size will reach US$ 6730 million by 2024, from US$ 2960 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Frac Sand business, shared in Chapter 3.

U.S Silica, Fairmount Santrol and Hi-Crush Partners LP are the market leader and they occupied about 45.31% of the whole market. The Frac Sand market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the United States, to sustain and gain market penetration. Some key players of this market include Preferred Sands, Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc.

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Frac sand (or fracking sand) refers to sand and similar small materials that are used during the process of hydraulic fracturing, a method for extracting underground Natural Gas Exploration from shale gas formations. Fracking sand is a ?proppant.? A proppant is a material used to ?prop? open the underground cracks from which Natural Gas Exploration is harvested during the fracturing process. These gases include petroleum fluids such as oil, Natural Gas Exploration, and Natural Gas Exploration liquids from rock units (that don't have enough pore space allowing fluids to flow to a well).

The demand for frac sand has risen dramatically in recent years as an increasing number of oil and natural gas wells use the hydraulic fracturing process. A single well using hydraulic fracturing can use a few thousand tons of frac sand. The surge of specialized drilling has created a billion dollar frac sand industry in just a few years.

The local enterprises occupied mostly of the market share. And due to the increase in downstream demand, the price of frac sand may keep fluctuating along with oil and gas prices growth trend.

Although sales of Frac Sand brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the field. Many new entrants to the raw frac sand market compete on an FOB plant basis and lack comparable transportation infrastructure to meet customer demands in-basin.

A brief run-through of the industry segmentation encompassed in the Frac Sand market report:
Competitive landscape:

Companies involved: U.S Silica, Fairmount Santrol, Preferred Sands, Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc. and Chongqing Changjiang
Vital pointers enumerated:
- Sales area
- Distribution
- Company profile
- Company overview
- Products manufactured
- Price patterns
- Revenue procured
- Gross margins
- Product sales

The Frac Sand market report provides an outline of the vendor landscape that includes companies such as U.S Silica, Fairmount Santrol, Preferred Sands, Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc. and Chongqing Changjiang. Parameters such as the distribution and sales area, alongside other pivotal details such as the firm profiling and overview have also been mentioned.

The study mentions the products manufactured by these esteemed companies as well the product price prototypes, profit margins, valuation accrued, and product sales.

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Geographical landscape:

Regions involved: USA, Europe, Japan, China, India, South East Asia
Vital pointers enumerated:
- Product consumption patterns
- Valuation that each of these regions account for in the industry
- Market share which every region holds
- Consumption market share across the geographies
- Product consumption growth rate
- Geographical consumption rate

Segmented into USA, Europe, Japan, China, India, South East Asia, as per the regional spectrum, the Frac Sand market apparently covers most of the pivotal geographies, claims the report, which compiles a highly comprehensive analysis of the geographical arena, including details about the product consumption patterns, revenue procured, as well as the market share that each zone holds.
The study presents details regrading the consumption market share and product consumption growth rate of the regions in question, in tandem with the geographical consumption rate with regards to the products and the applications.

Product landscape

Product types involved: Northern White Sand, Brown (Brady) Sand and Other

Vital pointers enumerated:
- Market share held by the product
- Projected valuation of each type
- Individual product consumption as per value and growth rate
- Sales value

The Frac Sand market report enumerates information with respect to every product type among U.S Silica, Fairmount Santrol, Preferred Sands, Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc. and Chongqing Changjiang, elaborating on the market share accrued, projected remuneration of each type, and the consumption rate of each product.

Application landscape:

Application sectors involved: Oil Exploitation and Natural Gas Exploration
Vital pointers enumerated:
- Market share held by each application segment
- Forecast valuation of each application
- Consumption patterns

The Frac Sand market report, with respect to the application spectrum, splits the industry into Oil Exploitation and Natural Gas Exploration, while enumerating details regarding the market share held by each application and the projected value of every segment by the end of the forecast duration.
The Frac Sand market report also includes substantial information about the driving forces impacting the commercialization landscape of the industry as well as the latest trends prevailing in the market. Also included in the study is a list of the challenges that this industry will portray over the forecast period.
Other parameters like the market concentration ratio, enumerated with reference to numerous concentration classes over the projected timeline, have been presented as well, in the report.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-frac-sand-market-growth-2019-2024

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources

Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends

Chapter 3: Frac Sand Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape

Chapter 4: Frac Sand Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
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