Global Proppants Market – Industry Perspective, Comprehensive Analysis, Size, Share, Growth, and Forecast, 2014 – 2020
Sarasota, FL -- (SBWIRE) -- 12/07/2016 -- Global Proppants (Ceramic, Sand and Resin Coated) Market for Shale Gas, Tight Gas, and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020
The report covers forecast and analysis for the proppants market on a global and regional level. 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.The study includes drivers and restraints for the proppants market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the proppants market on a global level.
Global Proppants Market 2014 - 2020
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.
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In order to give the users of this report a comprehensive view on the proppants market. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the proppants market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.
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.
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.
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The study provides a decisive view on the proppants market by segmenting the market based on product, application and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on products the market is segmented into sand, ceramic and resin coated. Key applications segment include shale gas, tight gas, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.
The report also includes detailed profiles of end players such as Atlas Resin Proppants, Dow Corning Corporation, FTS International, Hi-Crush Partners LPBorprop Proppants, Cadre Proppants, CARBO Ceramics and others.. The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.
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This report segments the global proppants market as follows:
Global Proppants Market: Product Segment Analysis
Global Proppants Market: Application Segment Analysis
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