Global Fracking Proppants Market Growth Trends and Forecast, 2022 by Acute Market Reports
The Global Fracking Proppants market accounted for $53.03 billion in 2014 and is expected to grow at a CAGR of 13.68% to reach $115.68 billion by 2022. Industrial shift towards alternative energy resources is the key factor favouring the market growth. The increasing demand for energy and unconventional gas are the key drivers, whereas the high logistics cost is inhibiting the fracking proppants market growth. The future growth lies in Potential Explorable Reserves. At present, proppant market is in surplus, so demand for proppant market continues to plunge due to culmination activities between operators and reduced drilling. View Global Fracking Proppants Market Report with Table Of Content - http://www.acutemarketreports.com/report/fracking-proppants-global-market-outlook-trends-forecast-and-opportunity-assessment-2014-2022 The frac sand proppants is the leading segment accounting for around 86% of the market share, leaving resin-coated proppants and ceramic proppants with arou...