Global Fracking Proppants Market 2015 to Reach $115.68 Billion by 2022 at a CAGR of 13.68%
The Global Fracking Proppants market accounted for $53.03 billion in 2014 and is expected to grow at a CAGR of 13.68% to reach $115.68 billion by 2022. Industrial shift towards alternative energy resources is the key factor favouring the market growth. The increasing demand for energy and unconventional gas are the key drivers, whereas the high logistics cost is inhibiting the fracking proppants market growth. The future growth lies in Potential Explorable Reserves. At present, proppant market is in surplus,...
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