Frac sand logistics market set to grow

LONDON – The global frac sand logistics market is expected to post a CAGR of close to four percent during the period 2018-2022, according to the latest market research report by Technavio.

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.

The report 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.

Increasing innovation in frac sand operations has been promoting growth in the market. The hydraulic fracturing process causes air and water pollution because of silica dust. Companies involved in frac sand operations have been innovating green fracking solutions to reduce the pollution.