Global Proppants Market sales is growing at 10.5% CAGR till 2020

Zion Market Research has published a new report titled “Proppants (Ceramic, Sand and Resin Coated) Market for Shale Gas, Tight Gas, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014-2020.” In terms of volume, the global proppants market stood at 45.0 million tons in 2014 and is expected to reach 90.0 million tons in 2020, growing at a CAGR of 10.5% between 2015 and 2020.

Proppant is a solid powder like material that aids to open the fractures in hydraulic fracturing treatment. Hydraulic fracturing is a stimulation technique in which proppant is injected as a fracking fluid to break the fractures to liberate the trapped gas deposits. Proppants are available in different shapes, sizes, density and materials. Based on requirements appropriate proppants are utilized in fracturing treatment.

Get a copy of Sample Report: http://www.marketresearchstore.com/report/proppants-market-z53041#RequestSample

The proppants market is mainly driven by strong demand from energy generation industry. Discovering new reserves of shale gas across globe is another major factor that is expected to fuel the demand of proppants during the near future. However, low market price of shale gas may hold back the demand of proppants in the hydraulic fracturing activity. Nonetheless, advent of shale reserve in Asia Pacific region is expected to open new opportunities for the market growth in the near future.

Global Proppants Market

Ceramic, sand and resin coated are the key product segments of the global proppants market. In 2014, sand was the dominating product segment of proppants market. It accounted over 70% share of the total volume consumption due to easy availability and low cost. Moreover, resin coated is expected to experience immense growth owing to better performance and less expensive compared to other products. Ceramic is projected to have moderate growth during the estimated period due to its superior capabilities.

Know more before buying this report: http://www.marketresearchstore.com/report/proppants-market-z53041#InquiryForBuying

Based on application segments, global proppants market is segmented into shale gas, tight gas and other. Among all, shale gas was leading application segment in 2014. This growth is attributed to huge utilization of shale gas in transportation and power generation industries. Tight gas is another important outlet that is expected to propel over the years to come.

With the largest share, North America was a leading regional market for proppants in 2014 and further expected to remain major regional market for proppants due to growing drilling activities in the U.S and Canada. Asia Pacific is one of the fastest growing regions compared to other regions owing to existence of huge shale gas reserves in India, Australia and China.  In addition, Middle East & Africa is another promising market for proppants due to advent of shale gas reserves in Saudi Arabia, Kuwait and Algeria country.  Europe is expected to have sluggish market for proppants during the years to come.

Browse the full report at: http://www.marketresearchstore.com/report/proppants-market-z53041

Key players in the proppants market include U.S. Silica, Hi Crush LP Partners, Saint-Gobain, Carbo Ceramics and Unimin Corporation among others.

The report segments the global proppants market as:

Product Segment Analysis: Ceramic, Sand, Resin Coated

Application Segment Analysis: Shale Gas, Tight Gas, Others

Regional Segment Analysis: North America(U.S.), Europe(UK, France, Germany), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact US:

Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s