Saudi Arabia Proppants Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis| MarkNtel
Saudi Arabia Proppants Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Saudi Arabia Proppants Market size is estimated to grow at a CAGR of around 6.12% during the forecast period, i.e., 2024-30. The presence of huge oil & gas reserves in the country, along with the discovery of new oil & gas wells, would push the requirement for proppants during the forecast period. According to the Organization of Petroleum Exporting Countries (OPEC), in 2022, Saudi Arabia consisted of around 17% of the world’s proven petroleum reserves, including 267,192 million barrels of crude oil reserves. Hence, the demand for proppants is estimated to rise considerably in Saudi Arabia with the development of the oil & gas industry during 2024-2030.
Markntel Advisor’s Saudi Arabia Proppants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Saudi Arabia Proppants Market drivers, barriers, Saudi Arabia Proppants Market Trends, and Key Players in Saudi Arabia Proppants Market.
Get Free Sample Report as previous we are using: https://www.marknteladvisors.com/query/request-sample/saudi-arabia-proppants-market.html
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Saudi Arabia Proppants Market Dynamics: 2024-2030
Saudi Arabia Proppants Market Driver:
Increasing Exploration of Shale Gas to Enhance Market Growth – During the historical years, Saudi Arabia, traditionally reliant on conventional oil reserves, is now seeking to diversify its energy sources. Exploring shale gas reserves offers an opportunity to supplement its energy portfolio with a domestically sourced alternative to conventional oil and gas. Shale gas extraction relies heavily on hydraulic fracturing, also known as fracking. This process involves injecting a mixture of water, sand (proppants), and chemicals into shale formations at high pressure to create fractures and release trapped gas. For instance,
In 2021, Saudi Aramco’s awarded a contract worth USD 10 billion for its giant Jafurah project finally fired the starting gun to develop what is thought to be the world’s biggest shale gas field, and the Kingdom is estimated to be sitting on the fifth largest shale gas reserves in the world.
Hence, the successful exploration and production of shale gas require significant infrastructure development, including drilling rigs, well pads, water supply systems, and transportation networks. The establishment of such infrastructure drives demand for proppants and other materials and services related to oil and gas operations. As shale gas exploration advances in Saudi Arabia, the demand for proppants is expected to increase to support fracking operations in the forthcoming years.
Browse Full Report with Detail Analysis - https://www.marknteladvisors.com/research-library/saudi-arabia-proppants-market.html
Saudi Arabia Proppants Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
• By Type
o Ceramic- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Resin Coated- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Frac Sand- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Application
o Shale Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Coal-bed Methane- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Tight Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Others- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Region
o North
o East
o West
o South
o Central
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Saudi Arabia Proppants Market:
• Badger Mining Corp.
• Baker Hughes Inc.
• Carbo Ceramics Inc.
• Hexion Inc.
• Saint-Gobain Proppants Inc.
• Sibelco Group
• Schlumberger Limited
• Halliburton Corporation
• Delmon Group
• Others
Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Saudi Arabia Proppants Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Saudi Arabia Proppants Market size is estimated to grow at a CAGR of around 6.12% during the forecast period, i.e., 2024-30. The presence of huge oil & gas reserves in the country, along with the discovery of new oil & gas wells, would push the requirement for proppants during the forecast period. According to the Organization of Petroleum Exporting Countries (OPEC), in 2022, Saudi Arabia consisted of around 17% of the world’s proven petroleum reserves, including 267,192 million barrels of crude oil reserves. Hence, the demand for proppants is estimated to rise considerably in Saudi Arabia with the development of the oil & gas industry during 2024-2030.
Markntel Advisor’s Saudi Arabia Proppants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Saudi Arabia Proppants Market drivers, barriers, Saudi Arabia Proppants Market Trends, and Key Players in Saudi Arabia Proppants Market.
Get Free Sample Report as previous we are using: https://www.marknteladvisors.com/query/request-sample/saudi-arabia-proppants-market.html
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Saudi Arabia Proppants Market Dynamics: 2024-2030
Saudi Arabia Proppants Market Driver:
Increasing Exploration of Shale Gas to Enhance Market Growth – During the historical years, Saudi Arabia, traditionally reliant on conventional oil reserves, is now seeking to diversify its energy sources. Exploring shale gas reserves offers an opportunity to supplement its energy portfolio with a domestically sourced alternative to conventional oil and gas. Shale gas extraction relies heavily on hydraulic fracturing, also known as fracking. This process involves injecting a mixture of water, sand (proppants), and chemicals into shale formations at high pressure to create fractures and release trapped gas. For instance,
In 2021, Saudi Aramco’s awarded a contract worth USD 10 billion for its giant Jafurah project finally fired the starting gun to develop what is thought to be the world’s biggest shale gas field, and the Kingdom is estimated to be sitting on the fifth largest shale gas reserves in the world.
Hence, the successful exploration and production of shale gas require significant infrastructure development, including drilling rigs, well pads, water supply systems, and transportation networks. The establishment of such infrastructure drives demand for proppants and other materials and services related to oil and gas operations. As shale gas exploration advances in Saudi Arabia, the demand for proppants is expected to increase to support fracking operations in the forthcoming years.
Browse Full Report with Detail Analysis - https://www.marknteladvisors.com/research-library/saudi-arabia-proppants-market.html
Saudi Arabia Proppants Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
• By Type
o Ceramic- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Resin Coated- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Frac Sand- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Application
o Shale Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Coal-bed Methane- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Tight Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Others- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Region
o North
o East
o West
o South
o Central
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Saudi Arabia Proppants Market:
• Badger Mining Corp.
• Baker Hughes Inc.
• Carbo Ceramics Inc.
• Hexion Inc.
• Saint-Gobain Proppants Inc.
• Sibelco Group
• Schlumberger Limited
• Halliburton Corporation
• Delmon Group
• Others
Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Saudi Arabia Proppants Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis| MarkNtel
Saudi Arabia Proppants Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Saudi Arabia Proppants Market size is estimated to grow at a CAGR of around 6.12% during the forecast period, i.e., 2024-30. The presence of huge oil & gas reserves in the country, along with the discovery of new oil & gas wells, would push the requirement for proppants during the forecast period. According to the Organization of Petroleum Exporting Countries (OPEC), in 2022, Saudi Arabia consisted of around 17% of the world’s proven petroleum reserves, including 267,192 million barrels of crude oil reserves. Hence, the demand for proppants is estimated to rise considerably in Saudi Arabia with the development of the oil & gas industry during 2024-2030.
Markntel Advisor’s Saudi Arabia Proppants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Saudi Arabia Proppants Market drivers, barriers, Saudi Arabia Proppants Market Trends, and Key Players in Saudi Arabia Proppants Market.
Get Free Sample Report as previous we are using: https://www.marknteladvisors.com/query/request-sample/saudi-arabia-proppants-market.html
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Saudi Arabia Proppants Market Dynamics: 2024-2030
Saudi Arabia Proppants Market Driver:
Increasing Exploration of Shale Gas to Enhance Market Growth – During the historical years, Saudi Arabia, traditionally reliant on conventional oil reserves, is now seeking to diversify its energy sources. Exploring shale gas reserves offers an opportunity to supplement its energy portfolio with a domestically sourced alternative to conventional oil and gas. Shale gas extraction relies heavily on hydraulic fracturing, also known as fracking. This process involves injecting a mixture of water, sand (proppants), and chemicals into shale formations at high pressure to create fractures and release trapped gas. For instance,
In 2021, Saudi Aramco’s awarded a contract worth USD 10 billion for its giant Jafurah project finally fired the starting gun to develop what is thought to be the world’s biggest shale gas field, and the Kingdom is estimated to be sitting on the fifth largest shale gas reserves in the world.
Hence, the successful exploration and production of shale gas require significant infrastructure development, including drilling rigs, well pads, water supply systems, and transportation networks. The establishment of such infrastructure drives demand for proppants and other materials and services related to oil and gas operations. As shale gas exploration advances in Saudi Arabia, the demand for proppants is expected to increase to support fracking operations in the forthcoming years.
Browse Full Report with Detail Analysis - https://www.marknteladvisors.com/research-library/saudi-arabia-proppants-market.html
Saudi Arabia Proppants Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
• By Type
o Ceramic- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Resin Coated- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Frac Sand- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Application
o Shale Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Coal-bed Methane- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Tight Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
o Others- Market Size & Forecast 2019-2030F, (Kilo Tons)
• By Region
o North
o East
o West
o South
o Central
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Saudi Arabia Proppants Market:
• Badger Mining Corp.
• Baker Hughes Inc.
• Carbo Ceramics Inc.
• Hexion Inc.
• Saint-Gobain Proppants Inc.
• Sibelco Group
• Schlumberger Limited
• Halliburton Corporation
• Delmon Group
• Others
Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
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