Dublin, Oct. 21, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9wr7kz/proppant_market) has announced the addition of the "Proppant Market - By Type (Fracturing Sand, Resin Coated & Ceramic Proppant) - Global Trends & Forecasts to 2017" report to their offering.
Hydraulic fracturing is propagation of fractures through layers of rock using pressurized fracturing fluid. This technique is primarily used in the extraction of resources from low permeability reservoirs such as shale gas, tight gas, and unconventional liquids; which are difficult to recover through regular drilling procedures.
In this process fracturing fluid is used. It consists of water, proppant, chemical additives, and guar gum. Proppant is the most integral constituent of the fracturing fluid after water. Proppant material keeps the generated fractures propped open and helps continued oil and gas recovery.
The hydraulic fracturing market is mainly concentrated in North America; hence the demand for proppant is largest here, many leading oil field service companies operate. Hence, proppant production is also much bigger than rest of the world. All the big oilfield service companies are operating in the U.S. There are several important players in North American proppant market such as Cadre Proppants (U.S.), Momentive (U.S.), Saint Gobain Proppants (U.S.), Carbo Ceramics (U.S.), and many other small companies in frac sand business.
While the North American hydraulic fracturing market is nearly reaching maturity, Rest of the World's (ROW) market is still in its infancy stage. However, ROW has significant share in global proppant manufacturing. Proppants are exported from manufacturing centers such as China, Russia, Brazil, and India to the demand center of North America.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Global Oil & Gas Reserves & Production
5 Global Hydraulic Fracturing Market
6 Global Proppant Market, By Geography
7 Global Proppant Market, By Type
8 Competitive Landscape
9 Company Profiles
- Atlas Resin Proppants
- Badger Mining Corporation
- Borprop Proppants
- Cadre Proppants
- Carbo Ceramics
- Dow Corning Corporation
- Fts International
- Hi Crush Parteners Lp
- Mineracao Curimbaba Ltda.
- Momentive Inc.
- Oxane Materials Inc.
- Saint-Gobain Proppants
- Superior Silica Sands Llc
- Unimin Corporation
- Us Silica
- Yixing Orient Petroleum Proppant Co. Ltd
For more information visit http://www.researchandmarkets.com/research/9wr7kz/proppant_market
Source:Research and Markets