As per Technavio's latest report, the Global Frac Sand Market is set to witness a growth or contraction of USD 4.50 billion, with a 9.38% CAGR from 2022 to 2027. The surge in hydraulic fracturing activities, spurred by the abundance of unconventional oil and gas resources, is the primary driver of demand for frac sand. The market is particularly seeing a rise in demand for fine mesh raw frac sand, prized for its durability under high pressure and temperature. Additionally, ongoing innovations at frac sites, which focus on reducing waste, are making operations more efficient and cost-effective, thus driving the market forward.

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