Research and Markets: Asia-Pacific Proppants Market - Segmented by Material Type and Geography - Growth, Trends and Forecasts (2015-2019)
Research and Markets (http://www.researchandmarkets.com/research/lnjf8g/asiapacific)
has announced the addition of the "Asia-Pacific
Proppants Market - Segmented By Material Type and Geography - Growth,
Trends and Forecasts (2015-2019)" report to their offering.
The Asia Pacific Proppants Market is expected to see healthy rise due to
the presence of immense shale gas reserves and hydraulic fracturing
projects in China and Australia. Future shale gas extraction projects in
India also assures a promising market in this region.
Worldwide demand for proppants has increased more than tenfold since the
advent of shale gas. As crude oil prices have spiked and early ventures
in horizontal drilling were successful, proppants have provided further
momentum to drilling and completion activity.
China has the largest reserves of recoverable shale gas in the world.
The country has been conducting horizontal drilling and water fracking
successfully. However, they still employ decade-old technology and the
success of shale gas and proppants development in China will hinge on
better exploration equipment.
In Australia, significant production of shale gas is at least a decade
away and will face challenges due to shale gas drilling costs and
ability to compete with coal seam gas. Since most of the conventional
shale gas reserves in Australia is remotely located, its production may
face less environmental opposition than operations in the more populated
areas where coal seam gas is currently being developed.
India has relatively low estimated reserves of recoverable shale but the
estimates may increase with better mapping. A few wells have already
been drilled by the Oil and Natural Gas Corporation, a public sector oil
and gas company of the government of India.
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.
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
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.
For more information visit http://www.researchandmarkets.com/research/lnjf8g/asiapacific
View source version on businesswire.com: http://www.businesswire.com/news/home/20151223005191/en/
Copyright Business Wire 2015
Source: Business Wire
(December 23, 2015 - 5:40 AM EST)
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