Proppant global market is expected in 2013 will reach $ 7.467 billion scale

According to Visiongain forecasts, global  Proppant  market in 2013 is expected to reach $ 7.467 billion in size.

Proppant is to use non-conventional oil and gas resources in the collection method used by the material on hydraulic fracturing. Oil and gas  ceramic proppant  used proppant resin coated proppant and  frac sand  three.

So far proppant sales greatly depend on the development of  Unconventional gas ，  as well as international oil prices and regional gas markets. In fact, the United States, Canada, falling gas prices, resulting in a proppant dramatic changes in the field of using objects.

Near future, to ensure that the energy needs of non-traditional resources, greatly relies on the ability to improve  Hydraulic fracturing  technology innovation and multi-stage horizontal wells mined. Proppant demand forecast with this tendency gradually increases.

This market research report surveys, analysis of global proppant market related data, detailed reports on 11-year market forecasts, technology trends, key growth promoting, hindering factor analysis, insights from industry experts, as well as competition in the market situation and the technical issues analysis.

Visiongain founded in 1998, is Zhuanshan in telecommunications, pharmaceuticals, defense, energy, metals industries of the British research company.