PUBLISHER: IMARC | PRODUCT CODE: 1390883
PUBLISHER: IMARC | PRODUCT CODE: 1390883
Stimulation Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
The global stimulation materials market size reached US$ 53.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 101.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.30% during 2022-2028.
Stimulation materials are used in oil and gas wells to inject microbes and remove deposits of heavy components, such as wax and asphaltene. They generally comprise proppants, including coated sand, raw frac, clay-based ceramic, and sintered bauxite. Nowadays, leading manufacturers are introducing ultra-lightweight proppants that reduce frac height, injected fluids, and the need for wellbore cleanouts. They are also offering standard and customized chemical solutions for enhancing the stimulation process and the flow of oil and gas. These solutions include advanced integrated fluid systems like crosslinkers, breakers, buffers, clay control, surfactants, biocides, friction reducers, scale inhibitors, and gelling systems.
Stimulation Materials Market Trends:
The increasing need for fuel is positively influencing the use of shale gas worldwide. This represents one of the major factors influencing the demand for stimulation materials worldwide for extracting shale gas via hydraulic fracking in hydrocarbon reservoirs. Moreover, governments of numerous countries are implementing stringent regulations to minimize the negative effects of hydraulic fracking. This, in turn, is promoting the adoption of green materials with less impact on the environment. Apart from this, advances in hydraulic fracturing technology, such as horizontal drilling, high-volume, and multistage, along with the development of shale resources, are driving the demand for new stimulation materials to improve drilling efficiencies. The rising oil and gas prices worldwide are also encouraging companies to adopt advanced methods like stimulation. Furthermore, key manufacturers are introducing products that provide thermal stability and chemical and crush resistance and prevent proppant flow back in high-temperature and closure stress environments during the fracturing of deep gas and oil wells. They are also offering value-added coated sand and ceramic proppants that minimize water usage while increasing well productivity. These innovations are projected to impel the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global stimulation materials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology and application.
Breakup by Type:
Proppants
Frac Sand
Resin Coated
Ceramic
Chemical
Surfactants
Gelling Agents
Friction Reducers
Breakers
Crosslinking Agents
Corrosion and Scale Inhibitors
Biocides
Others
Breakup by Technology:
Hydraulic Fracturing
Multistage Fracturing
Re-fracturing
Acidization
Hydrochloric Acid Wash
Matrix Acid Stimulation
Acid Fracturing
Breakup by Application:
Onshore
Offshore
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Baker Hughes Company, BASF SE, Carbo Ceramics Inc., Chevron Phillips Chemical Company LLC, DuPont de Nemours Inc., Halliburton Company, Hexion Inc., Saint-Gobain S.A, Schlumberger Limited and Solvay S.A.
Key Questions Answered in This Report:
- How has the global stimulation materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global stimulation materials market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global stimulation materials market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Stimulation Materials Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Proppants
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Frac Sand
- 6.1.2.2 Resin Coated
- 6.1.2.3 Ceramic
- 6.1.3 Market Forecast
- 6.2 Chemical
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Surfactants
- 6.2.2.2 Gelling Agents
- 6.2.2.3 Friction Reducers
- 6.2.2.4 Breakers
- 6.2.2.5 Crosslinking Agents
- 6.2.2.6 Corrosion and Scale Inhibitors
- 6.2.2.7 Biocides
- 6.2.2.8 Others
- 6.2.3 Market Forecast
7 Market Breakup by Technology
- 7.1 Hydraulic Fracturing
- 7.1.1 Market Trends
- 7.1.2 Key Segments
- 7.1.2.1 Multistage Fracturing
- 7.1.2.2 Re-fracturing
- 7.1.3 Market Forecast
- 7.2 Acidization
- 7.2.1 Market Trends
- 7.2.2 Key Segments
- 7.2.2.1 Hydrochloric Acid Wash
- 7.2.2.2 Matrix Acid Stimulation
- 7.2.2.3 Acid Fracturing
- 7.2.3 Market Forecast
8 Market Breakup by Application
- 8.1 Onshore
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offshore
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Akzo Nobel N.V.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Baker Hughes Company
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 BASF SE
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Carbo Ceramics Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 SWOT Analysis
- 14.3.5 Chevron Phillips Chemical Company LLC
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 DuPont de Nemours Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Halliburton Company
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Hexion Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Saint-Gobain S.A
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Schlumberger Limited
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Solvay S.A
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 Akzo Nobel N.V.
List of Figures
- Figure 1: Global: Stimulation Materials Market: Major Drivers and Challenges
- Figure 2: Global: Stimulation Materials Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Stimulation Materials Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Stimulation Materials Market: Breakup by Type (in %), 2022
- Figure 5: Global: Stimulation Materials Market: Breakup by Technology (in %), 2022
- Figure 6: Global: Stimulation Materials Market: Breakup by Application (in %), 2022
- Figure 7: Global: Stimulation Materials Market: Breakup by Region (in %), 2022
- Figure 8: Global: Stimulation Materials (Proppants) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Stimulation Materials (Proppants) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Stimulation Materials (Chemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Stimulation Materials (Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Stimulation Materials (Hydraulic Fracturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Stimulation Materials (Hydraulic Fracturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Stimulation Materials (Acidization) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Stimulation Materials (Acidization) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Stimulation Materials (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Stimulation Materials (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Stimulation Materials (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Stimulation Materials (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: North America: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: North America: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: United States: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: United States: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Canada: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Canada: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Asia-Pacific: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Asia-Pacific: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: China: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: China: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Japan: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Japan: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: India: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: India: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: South Korea: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: South Korea: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Australia: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Australia: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Indonesia: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Indonesia: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Others: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Others: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Europe: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Europe: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Germany: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Germany: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: France: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: France: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: United Kingdom: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: United Kingdom: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Italy: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Italy: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Spain: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Spain: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Russia: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Russia: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Others: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Others: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Latin America: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Latin America: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Brazil: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Brazil: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Mexico: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Mexico: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Middle East and Africa: Stimulation Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Middle East and Africa: Stimulation Materials Market: Breakup by Country (in %), 2022
- Figure 68: Middle East and Africa: Stimulation Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Global: Stimulation Materials Industry: SWOT Analysis
- Figure 70: Global: Stimulation Materials Industry: Value Chain Analysis
- Figure 71: Global: Stimulation Materials Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Stimulation Materials Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Stimulation Materials Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Stimulation Materials Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 4: Global: Stimulation Materials Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Stimulation Materials Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Stimulation Materials Market: Competitive Structure
- Table 7: Global: Stimulation Materials Market: Key Players
