Global Frac Sand Market - Industry Trends and Forecast to 2031

Global Frac Sand Market, By Type (Northern White Sand, Brown (Brady) Sand and Others), Mesh Size (20/ 40, 30/ 50, 40/ 70, and 100), Application (Oil Exploitation, Natural Gas Exploration and Others) - Industry Trends and Forecast to 2031.

Frac Sand Market Analysis and Size

Glass manufacturing heavily relies on the frac sand market, utilizing high-quality frac sand as a crucial ingredient in the production process. Frac sand's uniform size, shape, and strength make it indispensable in creating the necessary structure within glass products. Its widespread availability and consistent quality ensure the production of high-performance glass across industries. By incorporating frac sand sourced from the market, glass manufacturers can maintain the clarity, durability, and overall quality of their products, meeting the diverse demands of construction, automotive, and electronics sectors.

Global frac sand market size was valued at USD 8.09 billion in 2023 and is projected to reach USD 24.67 billion by 2031, with a CAGR of 14.95% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Frac Sand Market Scope and Segmentation

Market Definition

Frac sand, short for hydraulic fracturing sand, is a specialized type of sand with high purity and specific size and shape characteristics. It is a crucial component in the hydraulic fracturing process used in oil and gas extraction. During hydraulic fracturing, frac sand is injected into wells at high pressure along with water and chemicals to create fractures in underground rock formations, allowing oil and natural gas to flow more freely. The unique properties of frac sand help to prop open these fractures, facilitating the extraction of fossil fuels from the rock formations.

Frac Sand Market Dynamics

Drivers

• Growing Oil and Gas Exploration Activity Increases the Demand for Frac Sand

As companies seek to extract oil and gas from shale formations, the demand for frac sand increases to support the hydraulic fracturing process. Higher levels of exploration activity, particularly in shale-rich regions, lead to greater demand for frac sand as a proppant material to create and maintain fractures in underground rock formations. Consequently, fluctuations in oil and gas prices, advancements in drilling technologies, and shifts in regulatory environments all impact the level of exploration activity, thereby influencing the demand for frac sand in the market.

• Increasing Technological Advancements Enhance Performance of Frac Sand

Innovations in hydraulic fracturing techniques, such as horizontal drilling and multi-stage fracking, require larger quantities of high-quality frac sand to achieve optimal results. Advancements in drilling technologies enhance efficiency and productivity, leading to increased demand for frac sand in oil and gas extraction operations. These advancements improve the performance of frac sand and contribute to the overall growth and evolution of the frac sand market.

Opportunities

• Increasing Infrastructure Development Increases the Adoption of Frac Sand

Investments in transportation infrastructure, such as railroads, pipelines, and trucking networks, can improve the efficiency of frac sand delivery from mines to drilling sites. Enhanced infrastructure reduces transportation costs, lead times, and logistical challenges, thereby making frac sand more accessible to oil and gas producers. Strategic infrastructure projects can open new markets by providing access to previously undiscovered shale formations. Moreover, modernized infrastructure facilitates the transportation of larger volumes of frac sand, supporting the scalability of operations and potentially driving down costs for both producers and consumers.

• Rising Water Management Practices Increases the Demand for Frac Sand in Hydraulic Fracturing Operations

As hydraulic fracturing operations strive for greater efficiency and sustainability, methods such as water recycling and reuse are becoming more prevalent. These practices often require higher volumes of frac sand to maintain optimal well productivity, driving up demand. Frac sand plays a crucial role in propping open fractures created during hydraulic fracturing, ensuring the efficient flow of oil and gas. Therefore, as the industry shifts towards more water-efficient operations, the demand for frac sand is poised to rise, offering a promising growth opportunity for suppliers and manufacturers in the market.

 Restraints/Challenges

• Increasing Environmental Concerns Limits the Expansion of Frac Sand Mining Activities

The extraction of frac sand through mining operations can lead to habitat destruction, air and water pollution, and disruption of local ecosystems. Regulatory measures aimed at mitigating these environmental impacts, such as stricter permitting requirements and environmental assessments, can increase operational costs and limit the expansion of frac sand mining activities. Public opposition to frac sand mining due to environmental and health concerns can lead to legal challenges and delays in obtaining permits, further constraining market growth.

• High Operating Costs Limits the Adoption of Frac Sand

Extracting, processing, and transporting frac sand require substantial capital investment and operating expenses. Factors contributing to these costs include the specialized equipment and technology needed for mining and processing, as well as expenses associated with land acquisition, regulatory compliance, and environmental mitigation. The logistics of transporting frac sand from production sites to drilling locations can be expensive, especially if infrastructure is lacking or inadequate. Fluctuations in energy prices can impact production costs, further adding to the financial challenges faced by frac sand producers.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In October 2023, ProFrac Holding Corp. announced ongoing strategic evaluations for its wholly-owned subsidiary, Alpine Silica. These assessments involve considering options such as an initial public offering (IPO), potential sale or merger of Alpine Silica, and potential restructuring measures, aiming to optimize the subsidiary's value
• In January 2023, U.S. Silica Holdings, Inc., a leading proppant sand manufacturer, announced significant expansion plans in the Permian Basin. This expansion includes the establishment of a new frac sand processing facility in Andrews County, Texas, slated for early 2024 launch with an annual production capacity of 2 million tons. Additionally, the company plans to augment railway infrastructure at its existing Kermit facility, boosting its yearly capacity by an additional 1 million tons

Frac Sand Market Scope

The market is segmented on the basis of resin, type, mesh size and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

Type

• Northern White Sand
• Brown (Brady) Sand
• Others

Mesh Size

• 20/ 40
• 30/ 50
• 40/ 70
• 100

Application

• Oil Exploration
• Natural Gas Exploration
• Others

Frac Sand Market Regional Analysis/Insights

The market is analysed and market size, volume information is provided by country, resin, type, mesh size and application as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

In North America, U.S. dominates in the frac sand market, driven by the widespread use of silica sand as a proppant material in hydraulic fracturing. The region's dominance is attributed to rising demand and applications of frac sand, with continual efforts towards research and development to enhance the quality of frac sand further fueling market growth. Increased investment in innovation is bolstering the growth trajectory of the frac sand market in North America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Frac Sand Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to market.

Some of the major players operating in the market are:

• CARBO Ceramics Inc.  (U.S.)
• Covia Holdings LLC.  (U.S.)
• Badger Mining Corporation  (U.S.)
• SmartSand, Inc.  (U.S.)
• U.S. Silica.  (U.S.)
• HiCrush Inc.  (U.S.)
• LaPrairie Group of Companies  (Canada)
• Sibelco  (Belgium)
• Source Energy Services  (Canada)
• Vista Proppants and Logistics  (U.S.)
• Preferred Sand  (U.S.)
• Sssands (U.S.)
• Atlas Sand Company, LLC  (U.S.)
• McLanahan (U.S.)
• Black Mountain Sand (U.S.)
• Alpine Silica
• PALANDEH SAF (Iran)
• Alborz Silica (Iran)
• Henan Zhengzhou Mining Machinery Co. Ltd. (China)
• Sibelco (Belgium)
• Resico India Pvt. Ltd. (India)