Frac Sand Market 2016 Trend, Analysis and Overview

The global frac sand market has become an integral part of the oil and gas sector due to the increasing demand for oil and gas extracted from unconventional resources. Some of the key consumers of frac sand are oil and gas companies operating in the shale formations in the US and Canada.

The players on the supply side as well as demand side engage in business by forming contracts. The expiry of some of these contracts in 2015 has created much uncertainty on the demand side. In addition, falling oil prices negatively impacted the demand for frac sand. Consumers operating in shale formations like Eagle Ford and Permian basin have reduced drilling, and as a result, there has been a continuous decline in the number of rigs.

Publisher's analysts forecast the global frac sand market to grow at a CAGR of 10.29% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global frac sand market for 2016-2020.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

Publisher's report, Global Frac Sand Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Emerge Energy Services
- Hi-Crush Partners
- Northern Frac Proppants
- US Silica

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Other prominent vendors
- Chieftain Sand
- Di-Corp
- Hanson Lake Sands
- LaPrairie Group
- Sibelco
- Source Energy Services
- Unimin
- Victory Nickel
- Vista Sand

Market driver
- Technological advances in oil extraction
- For a full, detailed list, view our report

Market challenge
- Decreasing oil prices and reduced drilling
- For a full, detailed list, view our report

Market trend
- Market consolidation
- For a full, detailed list, view our report

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