The Europe frac sand market size reached US$ 1,911.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,599.9 Million by 2032, exhibiting a growth rate (CAGR) of 7.07% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 1,911.0 Million |
Market Forecast in 2032
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US$ 3,599.9 Million |
Market Growth Rate 2024-2032 | 7.07% |
Frac sand is high-quality pure quartz processed from sandstone and is used during the process of hydraulic fracturing. An industrial mixture that includes water, frac sand, and chemical additives is used for opening underground cracks while fracturing the shale to obtain petroleum fluids like oil, natural gas, and natural gas liquids. The high-pressure water stream helps the small perforations present on the surface to become larger fractures. Frac sand is also employed to hold open the fractures to avoid interruption of the process of natural gas and oil derivation.
The Europe frac sand market is primarily driven by the growing number of unconventional and economical oil and gas discoveries, particularly across countries such as France and Russia. Moreover, frac sand can withstand extreme weather conditions while offering reliability and performance, due to which it is widely utilized in hydraulic fracturing for oil and gas reserves across the continent. Apart from this, the number of fracturing activities pertaining to tight or shale oil reserves is expected to grow over the next ten years, which, in turn, is acting as a major growth-inducing factor. Furthermore, extensive research and development (R&D) activities undertaken by manufacturers to introduce efficient and high-quality frac sand are contributing to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe frac sand market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report
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Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Types Covered | White Sand, Brown Sand, Others |
Applications Covered | Oil Exploitation, Natural Gas Exploration, Others |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |