Global Proppant Market worth $7 billion by 2017

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MarketsandMarkets Presents
Global Proppant Market worth 7 billion by 2017
http//www.marketsandmarkets.com/Market-Reports/pr
oppant-market-802.html
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The report, Proppant Market - By Type
(Fracturing Sand, Resin Coated and Ceramic
Proppant) - Global Trends Forecasts to
2017 defines and segments the global proppant
market with analysis and forecasting of global
volume (in million tons) and revenue (in
million) for proppant market. The major drivers
for proppant market are the fact that the
hydraulic fracturing technology increases
production rate and adds to recoverable reserves
provides access to an energy strategy shift
through natural gas and energy security by
domestic supply. Water availability and public
opposition are seen as major restraints to the
proppant market. Browse gtgt
90 data tables 23 figures
200 pages and in-depth TOC on
Proppant Market  http//www.marketsandmarkets.
com/Market-Reports/proppant-market-802.html
Early buyers will receive 10 customization of
reports.
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North America holds major market share in global
proppant market. RD initiatives by American
Government and favorable regulatory conditions
for hydraulic fracturing have helped its market
to grow to this level. In 2011, global proppant
market was estimated at 3.8 billion which is
expected to increase from 4.3 billion in 2012,
to nearly 7 billion by 2017 with a CAGR of
nearly 10.7 from 2012 to 2017. North America is
expected to lead the global proppant production
market with share of nearly 80 in terms of
hydraulic horse power supplied by the year
2011. In North America U.S. is the largest
market, led by Carbo Ceramics (U.S.), Saint
Gobain (U.S.), Momentive (U.S.), Badger Mining
Corp. (U.S.), Atlas Resin Proppants (U.S.),
etc. In ROW Chinese players lead the market with
low cost and high quality ceramic proppant
manufacturing. They are currently supplying to
the North American demand of proppants and the
market share of Chinese suppliers is expected to
grow in near future.
http//www.marketsandmarkets.com/Market-Reports/pr
oppant-market-802.html
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The proppant market is segmented in two regions
namely North America and ROW. The proppant market
is further segmented by regions and countries. On
the next level proppant market is segmented by
type of proppants in different regions. The
report also touches various other important
aspects of the market. It includes an analysis of
the value chain, a Porters five forces analysis,
the competitive landscape, a raw material
analysis, and patent analysis. It also includes
an analysis of the production cost.
http//www.marketsandmarkets.com/Market-Reports/pr
oppant-market-802.html
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oppant-market-802.html