According to recent findings, the  Saudi Arabia Proppants Market size is estimated to grow at a CAGR of around 6.12% during the forecast period, i.e., 2024-30.

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Saudi Arabia Proppants Overview:

The presence of huge oil & gas reserves in the country, along with the discovery of new oil & gas wells, would push the requirement for proppants during the forecast period. According to the Organization of Petroleum Exporting Countries (OPEC), in 2022, Saudi Arabia consisted of around 17% of the world’s proven petroleum reserves, including 267,192 million barrels of crude oil reserves. Hence, the demand for proppants is estimated to rise considerably in Saudi Arabia with the development of the oil & gas industry during 2024-2030.

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Saudi Arabia Proppants Outlook and Future Trends :

Environmental Sustainability Increasingly Shaping the Proppants Market in Saudi Arabia – Hydraulic fracturing operations require large volumes of water, which can strain local water resources, especially in arid regions like Saudi Arabia. Concerns about water scarcity and competition for water resources from other sectors, such as agriculture and municipal use, highlight the need for more efficient water management practices in fracking operations. As a result, there is growing interest in technologies and proppants that minimize water usage or enable the use of alternative water sources, such as treated wastewater or brackish water, reducing the environmental impact of hydraulic fracturing.

Furthermore, fracking operations contribute to air pollution through emissions of volatile organic compounds (VOCs), methane, and other pollutants. Controlling air emissions from drilling rigs, well pads, and associated equipment is critical to reducing environmental impact and addressing public health concerns. Proppants that support efficient wellbore integrity and production optimization help minimize methane leaks and fugitive emissions, improving air quality and mitigating climate change impacts. Hence, with the growing environmental sustainability in the country, the requirement for proppants is anticipated to increase in the coming years.

Global Saudi Arabia Proppants Segmentation Analysis:

By Type

  • Ceramic- Market Size & Forecast 2019-2030F, (Kilo Tons)
  • Resin Coated- Market Size & Forecast 2019-2030F, (Kilo Tons)
  • Frac Sand- Market Size & Forecast 2019-2030F, (Kilo Tons)

According to reports, The Frac Sand segment holds a major market share and is expected to attain the highest growth rate in the Saudi Arabia Proppants Market during the forecast period, owing to the increasing local production of frac sand for the fracking of shale gas.

By Application

  • Shale Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
  • Coal-bed Methane- Market Size & Forecast 2019-2030F, (Kilo Tons)
  • Tight Gas- Market Size & Forecast 2019-2030F, (Kilo Tons)
  • Others- Market Size & Forecast 2019-2030F, (Kilo Tons)

According to reports, Shale gas exploration and production in Saudi Arabia have gained significant traction in recent years due to the country's vast shale gas reserves and the increasing demand for natural gas as a cleaner alternative to traditional fossil fuels. 

By Region

  • North
  • East
  • West
  • South
  •  

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Some of the Market players in the Global Saudi Arabia Proppants are:

  • Badger Mining Corp.
  • Baker Hughes Inc.
  • Carbo Ceramics Inc.
  • Hexion Inc.
  • Saint-Gobain Proppants Inc.
  • Sibelco Group
  • Schlumberger Limited
  • Halliburton Corporation
  • Delmon Group
  •  

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Research Methodology Summary

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