Albany, NY -- (SBWIRE) -- 01/26/2017 -- Global Ceramic Proppants Market: Brief Description

For oil well-stimulation in the oil and gas industry, the technique of hydraulic fracturing is frequently used. In this process, the rocks are fractured using liquid, which is hydraulically pressurized and creates cracks in rocks to assure the free flow of petroleum, brine, and natural gas. However, to maintain the fracture in rocks wide open, proppants are used. Proppants enable the cracks in rocks to remain open and thereby assuring the free flow of oil and gas from it. This helps in increasing the productivity of natural oil and gas wells.

Ceramic proppants, silica proppants, and resin coated sand are three types of proppants currently available. Since the process of oil and gas extraction is rated among the most risky undertakings, players operating in the market consider several factors such as stress on proppants, formation permeability and conductivity to maximize the efficiency of their operations. Ceramic proppants are preferred over other alternatives as they are small in size and possess strength and conductivity. With the thriving oil and gas industry, the demand in the global market for ceramic proppants is projected to expand at a robust rate during the forecast period of 2017 to 2025.

Request a Brochure of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5

Global Ceramic Proppants Market: Trends and Prospects

Although sand-based proppants are the most common form of proppants used in the oil and industry as they are readily available at low cost, ceramic proppants demonstrate significantly higher strength as compared to other proppants. The report observes that uniform round share of ceramic proppants offer higher strength than silica proppants and resin-coated proppants, which makes the ideally suitable for the hydraulic fracturing of deep oil and gas spectrum. This is the primary factor driving the demand in the global market for ceramic proppants. Additionally, ceramic proppants are also used to enhance the conductivity of middle and deep oil wells.

The manufacturing process of ceramic proppants is environment-friendly, as it uses raw materials such as bauxite. As the concerns to preserve the nature escalates across the globe and several governments across the world offering incentives for the use of eco-friendly processes, exploration companies are increasingly using ceramic proppants.

Request for TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=5

Global Ceramic Proppants Market: Geographical Evaluation

Geographically, the global market for ceramic proppants can be segmented into North America, Europe, Asia Pacific, and rest of the world. Currently, North America serves the maximum demand for ceramic proppants due to the increased demand coming from oil exploration companies. Continued high prices and recovery in natural gas prices would prolong the oilfield activity and eventually will act as a primary driver for ceramic proppants. The region of Asia Pacific is expected to show sturdy growth due to the slow increment in the oil and gas drilling operations. The Middle East countries, who have vast mining infrastructure, are actively investing in drilling multi-stage oil wells and exploring new regions to well for. As a result, the demand for ceramic proppants in this region is projected for a robust growth rate.

Some of the key players operating in the ceramic proppants market are Badger Mining Corporation, Fores LLC, Carbo Ceramics, JSC Borovichi Refractories Plant, Momentive Speciality Chemicals Inc., and Imerys S.A.

Read Complete Report @ https://www.tmrresearch.com/ceramic-proppants-market

The study presents reliable qualitative and quantitative insights into:

Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis

The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

A detailed analysis of key segments of the market
Recent developments in the market's competitive landscape
Detailed analysis of market segments up to second or third level of segmentation
Historical, current, and projected future valuation of the market in terms of revenue and/or volume
Key business strategies adopted by influential market vendors
Outline of the regulatory framework surrounding and governing numerous aspects of the market
Growth opportunities in emerging and established markets
Recommendations to market players to stay ahead of the competition