Global Proppants Market 2015-2019

About Proppants

Proppants are small-sized particles used to prevent the closing of fissures and fractures in a shale rock once it has been hydro-fractured. Two popular types of proppants are grains of silica sand (raw or resin-coated) and man-made (engineered) based on ceramic. The selection criteria of proppants depend on many factors because they have to pass through high pressures, temperatures, and fluids such as water (fresh and salt), oil, and gas. The most popular proppant selection factors are size, shape, strength, and density. Typical proppant sizes are between 8 and 140 mesh, i.e., 106 µm-2.36 mm. The proppant shape is important because it influence the final permeability through the fracture.

Technavio's analysts forecast the global proppants market to grow at a CAGR of 10.58% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global proppants market for 2015-2019. The report further provides data on the market based on the following:

• Product type (frac sand, resin-coated sand, and ceramic proppants)
• Geography (North America, Asia Pacific, Europe, and ROW)

Technavio’s report, Global Proppants Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on product types, and geography-based segmentation of proppants. The report provides comments on both the existing market landscape and the growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market.

Key Vendors

• Carbo Ceramics
• Fores
• Imerys
• JSC Borovichi Refractories Plant
• Mineração Curimbaba
• Preferred Sands
• Saint-Gobain Proppants

Other Prominent Vendors

• All Energy Sand
• Badger Mining
• Mississipi Sand
• Pyramax
• US Silica
• Yixing Orient Petroleum Proppant

Market Driver

• Growing Energy Demand
• For a full, detailed list, view our report

Market Challenge

• Reduction in International Crude Oil Prices
• For a full, detailed list, view our report

Market Trend

• Increase in Unconventional Method of Oil Extraction
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Global Proppants Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Proppants Market: Carbo Ceramics, Fores, Imerys, JSC Borovichi Refractories Plant, Mineração Curimbaba, Preferred Sands and Saint-Gobain Proppants

Other Prominent Vendors in the market are: All Energy Sand, Badger Mining, Mississipi Sand, Pyramax, US Silica and Yixing Orient Petroleum Proppant

Commenting on the report, an analyst from Technavio’s team said: “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.

Further, the report states that 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.

Companies Mentioned

Carbo Ceramics, Fores, Imerys, JSC Borovichi Refractories Plant, Mineração Curimbaba, Preferred Sands, Saint-Gobain Proppants, All Energy Sand, Badger Mining, Mississipi Sand, Pyramax, US Silica, Yixing Orient Petroleum Proppant