In Asia-Pacific region, demand for frac sand is
majorly between the countries which are producing natural gas. However, with
increase in demand some of the major key players are investing more for
enhancing the usage of frac sand in coming years which led the market growth in
the forecast period. According to the study, “Asia Frac Sand
Industry Situation And Prospects Research Report” some of the
major companies which are currently functioning in this sector for the
advancement in the technology and the product includes such as AEP
Industries, Amcor, Bemis, Berry
Plastics, Constantia Flexibles, DS Smith, Sealed Air, Sonoco and others. Not
only has this, this report also provide the information about the key players
of the frac sand market such as market share, company profile, production
introduction, capacity, production, price, revenue, cost, gross margin analysis
2012-2017 and others.
Frac sand is a type of sand with uniform particles.
It bears processing to optimize its strength. Most Frac Sand is a natural
material made from high-purity sandstone. Frac sand is not used directly from
the ground. Frac sand is used in the hydraulic fracturing process which is also
known as Fracking to produce petroleum fuels such as oil, natural gas liquids,
natural gas and others. A hydraulic fracturing process on one well can need a
few thousand tons of sand. Therefore, the demand for frac sand has burst in the
past few years as the usage of hydraulic fracturing processes being stimulated
in thousands of Oil and Natural Gas wells. In addition, the frac sand is
classified into segments of market such as Brady Brown Sand and Ottawa White
Sand. Not only its classification is segmented but its applications are also
segmented into various sector of market such as calendaring process Resin, Oil
from Shales and other Tight Rocks.
With the expansion strategies and policies of the key
players of frac sand market has witnesseda rapid growth in the forecast period.
In addition, the report also covers the key consumers, suppliers and
competitive market. However, the demand of frac sand has motivated by the companies
which are manufacturing the product of natural gas and shale oil. Frac sand is
used in various applications but major portion is dominated by the demand of
the product such as flexible (converted) plastic packaging and in the process
of hydraulic fracturing. Moreover, the research and development in this
industry plays a significant role in the growth of the frac sand. With all the
applications and development the market of frac sand leads to geographic growth
to the market. Therefore the market of frac sand is spread across China, Japan,
India, Korea, Saudi Arabia and other regions. Unsurprisingly, Asia-Pacific
region is expected to become the growth center for the market. With the
increase in population, the demand for natural gas and oil will rise in future
which will further led to more competition in the market, the key player are
becoming more optimistic in this industry which drives the demand and
consumption even more for frac sand in the coming years.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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