Proppants Market Size Worth USD 96.03 billion By 2020: Grand View Research, Inc.

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Global ProppantsMarket Expected To Reach USD
96.03 Billion By 2020 Grand View Research, Inc.

• Grand View Research has announced the addition of
  "Global Proppants Market Analysis And Segment
  Forecasts To 2020" Market Research report to
  their Database

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• Global proppants market ( http//www.grandviewre
  search.com/industry-analysis/proppants-market )
  is expected to reach 96.03 million tons by 2020,
  according to a new study by Grand View Research,
  Inc. Growing drilling and completion activities
  for shale gas in the U.S. and Canada is expected
  to drive market growth over the next six years.
  In, addition advent of multiple stage fracturing
  resulting in higher consumption of proppants per
  stage is expected augment demand over the
  forecast period. In addition, large technically
  recoverable shale gas reserves in China,
  Australia, Algeria and Russia is expected to
  promote market growth.
• Sand was the largest product segment accounting
  for over 75 of market share in 2013. Sand is
  expected to witness demand growth owing to its
  low cost and high availability in comparison to
  other proppants. Ceramic proppants are expected
  to witness significant demand growth over the
  next six years on account of superior properties
  including high strength, crush resistance and
  conductivity resulting in increased use for shale
  plays.

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• Further key findings from the study suggest
• Shale gas was the largest application segment in
  2013 and is expected to witness swift growth over
  the forecast period due to large recoverable
  reserves in China, U.S., Algeria, Argentina,
  Mexico and Australia. Increasing application
  scope of proppant in shale gas extraction on
  account of the latter being used in
  transportation and power generation is expected
  to propel market growth over the forecast period.
• North America was the largest regional market,
  accounting for over 75 of global demand in 2013.
  The market is expected to witness significant
  growth over the next six years owing to growth in
  shale gas production coupled with increase in
  fracturing jobs per year.
• Asia Pacific is expected to witness fastest
  growth, at an estimated CAGR of over 12 from
  2014 to 2020, owing to high potential of shale
  gas reserves in China coupled with large coal bed
  methane reserves in Australia. Regional growth
  can be attributed to favorable government
  policies to develop shale gas reserves in India
  and China.
• Key market participants include U.S. Silica,
  Carbo Ceramics, Momentive, Fairmount Santrol, Hi
  Crush LP Partners, Fores, Saint-Gobain and
  Preferred Sands. Preferred Sands and Dow
  Chemicals Company announced the production of an
  effective proppant solution that meets OSHA
  standard and limits silica dust exposures.
  Various companies focus on technological
  advancements to produce eco-friendly proppants
  which would offer increased fracture flow
  capacity and enhance hydrocarbon recovery.
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• For More http//www.grandviewresearch.com/industr
  y-analysis/proppants-market

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• Request free sample of this Report
  http//www.grandviewresearch.com/industry-analysis
  /proppants-market/request
• For the purpose of this study, Grand View
  Research has segmented the global proppants
  market on the basis of product, application and
  region
• Global Proppants Product Outlook (Volume, Kilo
  Tons Revenue, USD Million, 2012 - 2020)   
  Sand     Resin Coated     CeramicsGlobal
  Proppants Application Outlook (Volume, Kilo Tons
  Revenue, USD Million, 2012 - 2020)     Shale
  Gas     Tight Gas     Coal Bed Methane    
  OthersGlobal Proppants Regional Outlook (Volume,
  Kilo Tons Revenue, USD Million, 2012 - 2020) 
     North America     Asia Pacific     MENA 
     RoW
•  

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• Browse all reports at http//www.grandviewresearch
  .com/industry/oil-and-gas-drilling-and-extraction-
  equipments
• About Grand View Research
• Grand View Research, Inc. is a market research
  and consulting company that provides off-the-
  shelf, customized research reports and
  consulting services. To help clients make
  informed business decisions, we offer market
  intelligence studies, ensuring relevant and
  fact-based research across a range of industries,
  from technology to chemicals, materials and
  energy. With a deep-seated understanding of
  varied business environments, Grand View
  Research provides strategic objective insights.
•  
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• Corporate Sales Specialist, USA Grand View
  Research, Inc Phone [phone]
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