Proppants Market Projected to Reach USD 20.10 Billion by 2032 | Rising Hydraulic Fracturing Activities Driving Market Growth | Business Upturn

Contributing sentiments towards policy:

65% : Driven by increasing shale gas exploration, growing investments in energy infrastructure, and the widespread application of proppants in unconventional oil & gas production, proppants consumption is rising globally.
46% : In the United States, which accounted for a major share of the global proppants market in 2023, the surge in shale gas and tight oil production continues to fuel demand The Permian Basin, Eagle Ford, and Bakken formations remain key regions for proppant consumption, supported by favorable government policies, tax incentives, and increased well completions.
39% : Positive government policies, technology advances, and energy security programs have also stimulated ongoing exploration and production activities.

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