Report Overview

The global frac sand market reached approximately USD 8.94 billion in 2023. The market is assessed to grow at a CAGR of 7.50% between 2024 and 2032 to attain a value of around USD 17.13 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • In 2023, sand mining for construction materials has surged, tripling in demand over the past two decades to an annual rate of 50 billion tonnes.
  • In the U.S., intensive mining of frac sand occurs in large areas of Wisconsin, Illinois, Minnesota, and Michigan, extracting it from sandstone deposits.
  • According to reports, sand is Earth's most mined material, with 50 billion tons extracted annually from various aquatic and coastal environments.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2022, the market reached a value of USD 8.94 billion in 2023.

The market is projected to grow at a CAGR of nearly 7.50% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 17.13 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing population, and rising oil and gas market.

The cost-effectiveness of frac sand, the increasing research and development (R&D) activities aimed at launching high-efficiency and high-quality frac sand, and the growing adoption of shale fracturing in oil and gas extraction are the key trends guiding the market.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.

White sand and brown sand, among others, are the various types of frac sand.

Oil exploration and natural gas exploration, among others, are the major applications of frac sand.

The leading players in the market are CARBO Ceramics Inc., Covia Holdings Corporation, Badger Mining Corporation, Smart Sand, Inc., U.S. Silica, and Hi-Crush Inc., among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

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