The North America frac sand market size reached US$ 1,588.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,947.7 Million by 2032, exhibiting a growth rate (CAGR) of 6.9% 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$ 1,588.6 Million |
Market Forecast in 2032
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US$ 2,947.7 Million |
Market Growth Rate 2024-2032 | 6.9% |
Frac sand refers to a naturally occurring crystalline silica that is processed from pure sandstone. It is utilized to extract natural gas, petroleum and other materials by drilling shale rock and land with a pressurized mixture. This pressurized mixture is a combination of water, frac sand, and different chemicals that can be injected into the rocks to break open the fractures to release the oil, water and gas.
North America is one of the world’s largest producers of shale gas across the globe, which can be attributed to the abundant availability of prime shale resources in the United States and Canada. This represents one of the key factors driving the market growth in the region. Moreover, the high demand for natural gas production has resulted in the increasing demand for frac sand, which is also used to explore unconventional natural gas reserves. This has consequently increased the volume of gas produced from hydraulically fractured reserves, especially when compared with conventional gas extraction processes, thus creating a positive outlook for the market. Furthermore, the rise in energy demand is also propelling the growth of the market.
IMARC Group provides an analysis of the key trends in each segment of the North America frac sand market report, along with forecasts at the regional and country levels 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 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 | 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 | United States, Canada |
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) |