Research and Markets: Global Proppants Market - Segmented By Material Type and Geography - Growth, Trends and Forecasts (2015-2019)
Research and Markets (http://www.researchandmarkets.com/research/ndlwjs/global_proppants)
has announced the addition of the "Global
Proppants Market - Growth, Trends and Forecasts (2015-2019)"
report to their offering.
The global proppants market was estimated at 47 million metric tons and
worth about $ 8.4 billion in 2013. The market, driven by high crude oil
prices and further improvements in fracturing technology, is expected to
register a CAGR of 11%, to reach 87.1 million metric tons in 2019.
Worldwide demand for proppants has increased more than tenfold since the
advent of shale gas. Proppants have provided further momentum to
drilling and completion activity as a result of the spike in crude oil
prices and success of early ventures in horizontal drilling. North
America is a largest consumer of proppants and accounts for about 80% of
the market share in 2013. The region is further expected to witness a
high growth in the future, mainly due to the high growth potential of
the U.S market.
China and Russia have the largest reserves in Asia-Pacific and Europe
respectively. Amount of untapped shale gas reserves in Northern Africa
and South America are also high. As a result of available reserves and
the rise in number of new hydraulic fracturing sites, the market is
expected to contribute towards a healthy growth in the near future.
The global market is expected to grow at a CAGR of 14% during the
forecast period. Improved fracturing techniques have allowed sand to be
used in applications previously thought to be beyond its performance
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 and 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/ndlwjs/global_proppants
View source version on businesswire.com: http://www.businesswire.com/news/home/20151222005478/en/
Copyright Business Wire 2015
Source: Business Wire
(December 22, 2015 - 9:36 AM EST)
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