Middle East and Africa Proppants Market - Growth, Trends and Forecasts (2015-2019) - Research and Markets
Research and Markets (http://www.researchandmarkets.com/research/9czmqr/middle_east_and)
has announced the addition of the "Middle
East and Africa Proppants Market - Growth, Trends and Forecasts
(2015-2019)" report to their offering.
The Middle East and Africa proppants market is expected to see healthy
rise due to the presence of immense shale gas reserves in Algeria, South
Africa and Libya.
The governments in these countries are also showing willingness to
pursue hydraulic fracturing. Algeria holds the fourth largest
recoverable shale gas reserves after China, USA and Argentina. After
Algeria announced it's intend to tap shale gas reserves, the first wells
were drilled in 2011 and they started off by supplying to the European
An initial imposition of a moratorium on fracking in April 2011 by South
African government was lifted later on in September 2012 after a
realization that fracking was in the best interest of the country.
Several energy companies were subsequently granted exploration licenses.
However, water shortages remain a major grievance in the entire region.
Resin coated proppants are also expected to grow due to the relative
cost advantages over ceramic proppants and performance advantage over
frac sand. The market can be segmented based on geography into China,
India, Japan, South Korea and other countries. Some of the key players
in this market are Superior Silica Sands, U.S. Silica Holdings, Texas
Silica and Badger mining.
New drilling techniques that employ proppants and improvements in the
fracturing industry are the major drivers in this market. Major
impediments to the growth of this market are environmental norms on the
use of the proppants and cost factor.
Borovichi Refractories Plant (Borprop)
Hi-Crush Partners LP
Momentive Speciality Chemicals Inc.
Yixing Orient Petroleum Proppant Co. Ltd
Superior Silica Sands
U.S. Silica Holdings Inc.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Dynamics
5. Technology Overview
6. Different types of proppants
7. Market Analysis & Forecast
8. Competitive Landscape
9. Company Profiles
For more information visit http://www.researchandmarkets.com/research/9czmqr/middle_east_and
View source version on businesswire.com: http://www.businesswire.com/news/home/20160128006162/en/
Copyright Business Wire 2016
Source: Business Wire
(January 28, 2016 - 12:03 PM EST)
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