| Product Code: ETC4475365 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India proppants market import shipments showed a gradual growth trend with a low CAGR from 2020 to 2024. However, there was a notable acceleration in growth from 2023 to 2024, indicating a sudden surge in demand. Overall, the market exhibited signs of expansion with increasing momentum towards the end of the period.
The India proppants market is closely tied to the country`s burgeoning oil and gas industry. Proppants are essential materials used in hydraulic fracturing to keep fractures open and facilitate the extraction of oil and natural gas. With the growing energy demand in India and increasing exploration activities, the demand for proppants has risen significantly. The market includes various types of proppants, such as frac sand, resin-coated proppants, and ceramic proppants, each offering distinct advantages for different applications. As India continues to focus on domestic energy production and exploration, the proppants market is poised to play a pivotal role in supporting the country`s energy needs.
The India Proppants market is influenced by the expansion of the oil and gas exploration industry. Proppants are essential in hydraulic fracturing (fracking) to create fractures in oil and gas-bearing rock formations. The growing demand for energy resources, both domestically and globally, is driving investments in oil and gas exploration, thus increasing the demand for proppants.
The India proppants market confronts challenges in terms of fluctuating oil and gas prices, which directly impact the demand for proppants in hydraulic fracturing operations. The need for technologically advanced proppants that can withstand high-pressure and high-temperature conditions poses a challenge for manufacturers. Moreover, the environmental concerns associated with proppant mining and disposal, as well as regulatory requirements, are challenges that the industry needs to address. Market volatility and the dependence on the energy sector`s performance also add uncertainty to the market`s growth prospects.
The proppants market in India witnessed reduced activity during the COVID-19 pandemic as oil and gas exploration projects were put on hold. The decline in oil prices also affected the market. As the energy sector stabilizes and oil prices recover, the proppants market may rebound.
In the India proppants market, significant players include Saint-Gobain Proppants, CARBO Ceramics, Hi-Crush Partners, and U.S. Silica Holdings. They supply proppants used in hydraulic fracturing for oil and gas extraction.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Proppants Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Proppants Market Revenues & Volume, 2021 & 2031F |
3.3 India Proppants Market - Industry Life Cycle |
3.4 India Proppants Market - Porter's Five Forces |
3.5 India Proppants Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Proppants Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Proppants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing oil and gas exploration activities in India |
4.2.2 Growing demand for hydraulic fracturing in shale gas extraction |
4.2.3 Government initiatives to boost domestic oil and gas production |
4.3 Market Restraints |
4.3.1 Fluctuating oil prices impacting investment in oil and gas projects |
4.3.2 Environmental concerns related to hydraulic fracturing activities |
4.3.3 Lack of infrastructure for proppant manufacturing and distribution in India |
5 India Proppants Market Trends |
6 India Proppants Market, By Types |
6.1 India Proppants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Proppants Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Proppants Market Revenues & Volume, By Frac Sand, 2021-2031F |
6.1.4 India Proppants Market Revenues & Volume, By Resin-Coated Proppants, 2021-2031F |
6.1.5 India Proppants Market Revenues & Volume, By Ceramic Proppants, 2021-2031F |
6.2 India Proppants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Proppants Market Revenues & Volume, By Shale Gas, 2021-2031F |
6.2.3 India Proppants Market Revenues & Volume, By Tight Gas, 2021-2031F |
6.2.4 India Proppants Market Revenues & Volume, By Coalbed Methane, 2021-2031F |
6.2.5 India Proppants Market Revenues & Volume, By Others, 2021-2031F |
7 India Proppants Market Import-Export Trade Statistics |
7.1 India Proppants Market Export to Major Countries |
7.2 India Proppants Market Imports from Major Countries |
8 India Proppants Market Key Performance Indicators |
8.1 Average proppant consumption per well drilled |
8.2 Number of active hydraulic fracturing projects in India |
8.3 Adoption rate of advanced proppant technologies in the market |
9 India Proppants Market - Opportunity Assessment |
9.1 India Proppants Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Proppants Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Proppants Market - Competitive Landscape |
10.1 India Proppants Market Revenue Share, By Companies, 2024 |
10.2 India Proppants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |