Global Frac Sand Logistics Market 2018-2022 | Growth Analysis and Forecast | Technavio | Business
Technavio has published a new market research report on the global frac sand market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the growing demand for unit train shipment from the frac sand industry. Logistics and railroad vendors are providing unit train shipment services to reduce bottlenecks and increase the efficiency of the frac sand supply chain. A unit train is also known as the block train. It has a fixed route and carries a designated amount of the commodity without being stored or split-up en-route.
This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the growing innovations in fracking operations as one of the key emerging trends in the global frac sand logistics market:
Global frac sand logistics market: Growing innovations in fracking operations
The increasing innovation in frac sand operations has been promoting the growth of the market. Hydraulic fracturing process causes air and water pollution because of silica dust. Thus, companies involved in frac sand operations have been innovating green fracking solutions to reduce the pollution.
“Green fracking solutions include waterless fracking, gas-based fracking, recycling of fracking water, and use of natural gas-powered trucks and mining equipment. A major vendor uses a vertical proppant storage system. It reduces the size of pad required for proppant storage, uses solar power, and improves inventory management,” says a senior market research analyst at Technavio.
Global frac sand logistics market: Segmentation analysis
This market research report segments the global frac sand logistics market by service (transportation and warehousing and VAS) and geography (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with approximately 70% of the market share, followed by EMEA and APAC respectively. The dominance of the Americas was because the US is the largest producer of frac sand such as Northern White and Brady in the world.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market ecosystemMarket characteristicsMarket segmentation analysis
Market sizingMarket size and forecast
Regional comparisonKey leading countries
Vendors coveredVendor classificationMarket positioning of vendorsCompetitive scenario
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KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST
INDUSTRY KEYWORD: ENERGY OIL/GAS TRANSPORT RAIL TRUCKING NATURAL RESOURCES MINING/MINERALS PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 08/01/2018 11:23 AM/DISC: 08/01/2018 11:23 AM
Copyright Business Wire 2018.