Select Sands Corp V.SNS

Global Frac Sand Market to Reach $16.9 Billion by 2027

[BCONTVentures]

Interesting post from @Rmedic:

@Rmedic https://www.marketresearch.com/Global-Industry-Analysts-v1039/Frac-Sand-32353420/

https://www.marketresearch.com/Global-Industry-Analysts-v1039/Frac-Sand-32353420/

Frac Sand

Global Frac Sand Market to Reach $16.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Frac Sand estimated at US$7 Billion in the year 2020, is projected to reach a revised size of US$16.9 Billion by 2027, growing at a CAGR of 13.3% over the period 2020-2027.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 12.5% CAGR

The Frac Sand market in the U.S. is estimated at US$2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2027 trailing a CAGR of 12.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 11% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.