Global Low Density Ceramic Proppant Market Report and Forecast 2024-2032

Global Low Density Ceramic Proppant Market Outlook

The global low density ceramic proppant market is expected to grow at a CAGR of 9.7% during the period 2024-2032.

Global Low Density Ceramic Proppant Market Likely to be Driven by Use in Oil and Gas, and Construction

Ceramic proppants are used in hydraulic fracturing to boost oil and gas output, and offer significant economic benefit in terms of higher ROI. Applications of low-density ceramic proppants in oil and gas, and construction sectors are expected to drive the market. North America is likely to be a key market.

Hydraulic fracturing is a key tool for increasing oil and gas production in a bearing formation, particularly in low-permeability oil and gas wells. The fracturing fluid and proppants are pushed at high pressure into the subsurface well over a distance of many kilometres in a hydraulic fracturing operation. The high-pressure fluid and proppants then cause the rock to fracture. The proppants remain in the fractures when the hydraulic pressure is reduced, keeping the fractures open and enhancing hydrocarbon fracture conductivity. In most applications, a low-density proppant is chosen since it minimises the proppant's settling rate, requires only a low fluid viscosity to convey it, and allows for a longer propped length. Ceramic proppants are utilised in the exploration of low-permeability fracturing of oil and gas wells, and construction of deep well fracturing.

A variety of materials can be used to make ceramic proppants. While bauxite, kaolin (China Clay), or a combination of both is usually used, other minerals such as magnesium silicate and fly ash may also be utilised. A variety of additives may also be employed.

Ceramic proppants are designed to improve conductivity in a wide range of applications. Ceramic proppants are used to achieve high oil and gas conductivity, boost oil and gas production output, and extend the life span of oil and gas wells. While sand or sand-based proppants tend to be cheaper, ceramic proppants have been shown to deliver consistent and higher oil and gas production rates owing to greater strength and uniform size and shape irrespective of reservoir shape and conditions. Uniform shape and size of ceramic proppant grains offers the advantage of maximum porosity for the oil and gas flow channel, and permits greater oil and gas flow.

Low-density ceramic proppants are commonly utilised in moderate to deep natural gas wells, and other hydraulic fracturing procedures. Because of their high conductivity, these proppants are suitable for a wide range of applications.

Physical properties of proppants vary. Grain size and grain size distribution, sphericity and roundness, crush resistance, density, turbidity, and acid solubility have an impact on proppant performance. The larger the particle size, the smaller the mesh size number. Proppants with a mesh size of 20/40 are larger than those with a mesh size of 30/50. Because the pore openings in the proppant pack are greater, larger proppants produce higher fracture conductivity.

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Smaller Mesh Proppants are Expected to Drive Demand

Essential changes in drilling and completion practises have resulted in a significant increase in the use of smaller mesh proppants in natural gas and liquid applications, most notably 40/70, 30/50, and various forms of 100 mesh sand (sands that are predominantly smaller than 70 mesh). Thus, smaller mesh proppants are likely to drive the market.

Global Low Density Ceramic Proppant Market Segmentation

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By type, the market is segmented into:

• Small Mesh 
• Large Mesh

By application, the market is classified into:

• Oil and Gas
• Construction
• Others

By region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Key Industry Players in the Global Low Density Ceramic Proppant Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• CARBO Ceramics Inc.
• Fineway Inc. 
• Chongqing Changjiang River Moulding Material Group Co., Ltd (CCRMM)
• SEPPE Technologies
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report