Research and Markets: Global Proppants Market Forecast to Grow at a CAGR of 10.58% over the Period 2014-2019
September 24, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/fzv75v/global_proppants) has announced the addition of the “Global Proppants Market 2015-2019” report to their offering.
China has a good base of ceramic proppants produced by reputed global manufacturers. Since China has abundant availability of ceramic proppant raw materials, most of the world- renowned technology leaders have either set up manufacturing facilities in the country or are dependent on imports of raw materials from China. Chinese proppants are 15-20% cheaper than those from other countries such as India because of the low manufacturing costs.
According to the report, though the crude oil market is going through a downswing, the increasing energy demand all over the world is expected to contribute to the growth of the hydraulic fracturing and proppant markets. After witnessing the shale gas boom in North America, many countries across the globe are exploring the unconventional method of oil and gas exploration for extraction.
One of the major challenges in the global proppant market is the prevailing low international crude oil prices. The drop in crude oil prices makes shale extraction uneconomical, and as a result, the global proppant market revenues decline because of the reduction in the hydraulic fracturing activity.
Key Topics Covered
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Type
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
Companies Mentioned
- All Energy Sand
- Badger Mining
- Carbo Ceramics
- Fores
- Imerys
- JSC Borovichi Refractories Plant
- Mineração Curimbaba
- Mississipi Sand
- Preferred Sands
- Pyramax
- Saint-Gobain Proppants
- US Silica
- Yixing Orient Petroleum Proppant
For more information visithttp://www.researchandmarkets.com/research/fzv75v/global_proppants
View source version on businesswire.com: http://www.businesswire.com/news/home/20150924005843/en/
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