The proppants market size has expanded significantly due to the increasing number of hydraulic fracturing projects worldwide. Natural sand proppants, resin-coated proppants, and ceramic variants contribute directly to the proppants market size.
Rising shale gas production, onshore and offshore drilling, and technological innovations in high-strength proppants have further increased the proppants market size. Growth in energy consumption and the exploration of untapped oil reserves also support market expansion.
The proppants market size is expected to continue growing steadily, supported by ongoing fracking activities and rising adoption of durable and efficient proppants.
