Proppants in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Proppants are solid materials, mostly sand, treated sand, or man-made ceramic materials used in hydraulic fracturing, a method used to extract oil and gas from deep underground sedimentary rock formations. Proppants prevent the opened fractures from closing on the release of pressure. These proppants are used to keep the artificially created hydraulic fractures open after the injection process to continue and enhance the extraction of oil and gas.
- The Middle East & African proppants market had total revenues of $0.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.7% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 1.4% between 2017 and 2022, to reach a total of 1,189.4 Kilotons in 2022.
- The growing exploration & production (E&P) of oil and natural gas from unconventional fields are boosting the demand for hydraulic fracturing, hence fostering the demand for proppants. For instance, Shilaif Formation is one of the major unconventional hydrocarbon reservoirs in the UAE which is a key source of offshore oil reserves in Dubai.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the proppants market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the proppants market in Middle East & Africa
- Leading company profiles reveal details of key proppants market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa proppants market with five year forecasts
Reasons to Buy
- What was the size of the Middle East & Africa proppants market by value in 2022?
- What will be the size of the Middle East & Africa proppants market in 2027?
- What factors are affecting the strength of competition in the Middle East & Africa proppants market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's proppants market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes Company
- Building Material Screening Factories
