Asia Pacific Proppants Market Size & Outlook, 2023-2030
The proppants market in Asia Pacific is expected to reach a projected revenue of US$ 4,035.6 million by 2030. A compound annual growth rate of 9.1% is expected of Asia Pacific proppants market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,192.3
Forecast, 2030 (US$M)
$4,035.6
CAGR, 2024 - 2030
9.1%
Report Coverage
Asia Pacific
Asia Pacific proppants market highlights
- The Asia Pacific proppants market generated a revenue of USD 2,192.3 million in 2023.
- The market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, frac sand was the largest revenue generating type in 2023.
- Frac Sand is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,192.3 million |
| Market revenue in 2030 | USD 4,035.6 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Frac sand |
| Fastest growing segment | Frac Sand |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frac Sand |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.0% of the global proppants market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,035.6 million by 2030.
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Proppants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Badger Mining Corporation | View profile | 251-500 | Berlin, Wisconsin, United States, North America | http://badgerminingcorp.com |
| Emerge Energy Services | View profile | 251-500 | Southlake, Texas, United States, North America | http://emergelp.com/emerge/ |
| Fairmount Santrol | View profile | 5001-10000 | Chesterland, Ohio, United States, North America | http://fairmountsantrol.com/ |
| CARBO Ceramics | View profile | 501-1000 | Houston, Texas, United States, North America | http://carboceramics.com |
| Saint-Gobain | View profile | 10001+ | La Défense, Ile-de-France, France, Europe | http://www.saint-gobain.com |
| Hexion | View profile | 10001+ | Columbus, Ohio, United States, North America | http://www.hexion.com |
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