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Global Low Density Ceramic Proppant Market to Grow at a CAGR of 9.7% During the Period 2022-2027, Driven by Applications in Oil and Gas Sector

According to a new report by EMR titled, ‘Global Low Density Ceramic Proppant Market Report and Forecast 2022-2027’, the market is expected to grow at a CAGR of 9.7% during the period 2022-2027, driven by oil and gas, and construction sectors.

The market is expected to be driven by applications of low-density ceramic proppants in oil and gas, and construction sectors. North America is likely to be a key market. Ceramic proppants are used in hydraulic fracturing to enhance oil and gas output. Smaller mesh proppants are likely to drive the market owing to changes in drilling and completion practises that have caused a substantial increase in the use of smaller mesh proppants in natural gas and liquid applications. The most used mesh proppants are 40/70, 30/50, and various forms of 100 mesh sand (sands that are predominantly smaller than 70 mesh).

Given their high conductivity, low-density ceramic proppants are suited to a broad range of applications, and are commonly employed in moderate to deep natural gas wells, and other hydraulic fracturing procedures.

Ceramic proppants are used in hydraulic fracturing to boost oil and gas output, and offer significant economic benefit in terms of higher ROI. Hydraulic fracturing is a method in which high-pressure fluids are forced down a well to fracture the hydrocarbon-bearing rock formation. After high-pressure pumping ends, proppants - a granular substance - is delivered in the fluid to fill this fracture and keep it open. The permeable channel created by the fracture filled with ceramic proppants allows the hydrocarbons to flow more freely. Ceramic proppants are utilised in the exploration of low-permeability fracturing of oil and gas wells, and construction of deep well fracturing. Ceramic proppants are designed to improve conductivity in a wide range of applications, and 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.

Physical properties (such as grain size and distribution, sphericity and roundness, crush resistance, density, turbidity, and acid solubility) of proppants differ and impact proppant performance. Mesh size ranges are used to measure grain size; the larger the particle size, the smaller the mesh size number. However, because there are fewer contact points or smaller contact surfaces to disperse the tension imparted to the proppant pack, larger proppants may break down or crush more easily under stress. Additionally, transporting larger proppants through the fracture is more difficult. The permeability/conductivity of a proppant pack is also affected by the range of particle size. A tighter packing arrangement and reduced permeability/conductivity occur from a larger variety of particle size. Further, proppant particles possessing greater sphericity and roundness offer greater conductivity and enhances crush resistance of proppants.

Market Analysis by Type, Application, and Region:

  • By type, the market is segmented into Small Mesh and Large Mesh.
  • By application, the market is classified into Oil and Gas, Construction, and Others.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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