The global frac sand logistics market is expected to post a CAGR of
close to 4% during the period 2018-2022, according to the latest
market research report by Technavio.
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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 global
frac sand logistics market 2018-2022 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.
This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing
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.
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Some of the key topics covered in the report include:
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation
Geographical Segmentation
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005673/en/