San Francisco, California, June 07, 2017: Exhibiting a steady growth, the global ceramic proppants market is forecast to further its multi-billion dollar industry status between 2017-2015. In a report, titled “Ceramic Proppants Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 – 2025,” TMR Research shares key insights into factors enabling growth in the market. Besides this, key restraints posing threat to the global ceramic proppants market are evaluated as well.
The report is intended to offer a better perspective of the prevailing dynamics in the global ceramic proppants market to the stakeholders, and caution them against potential threats. It compiles decisive data sourced via proven technologies and substantiated using relevant graphs, infographs, and statistics. Toward the end, the report includes a thorough analysis of the market’s competitive landscape. Profiles of some of the leading companies are therefore included in the chapter covering, their product portfolio, financial overview, and development status.
Ceramic proppants are used to keep an induced hydraulic fracture open after a fracturing treatment. Assurance of quality and performance is therefore of key importance for the market players to be able to gain traction. Considering the applications they are put to use, ceramic proppants can be distinguished based on their types, shapes, and sizes. These also constitute criteria for segmentation of the global ceramic proppants market. Furthermore, for the purpose of the study, the report has segmented the global ceramic proppants market based on their applications as well.
Proppants are made of silica or ceramics in general. Currently, the market is witnessing rising demand for their advanced variants such as ultra-weight proppants, which require low viscosity fluids and have reduced settling time. The ultra-variant proppants are mostly used in transporting oil and gas.
Regionally, the global ceramic proppants market can be segmented into Asia Pacific, North America, Europe, and Rest of the World. Among these regions, North America exhibits comparatively more lucrative opportunities as the region exhibits demand from oil exploration companies. Furthermore, reviving prices of natural gas are expected to prolong oilfield activities thus creating growth opportunities for the ceramic proppants market in North America. In addition, the market is expected to witness study growth opportunities in Asia Pacific, as the region reports incremental rise in oil and gas drilling operations. Furthermore, the rising mining activities in nations across the Middle East will offer lucrative growth opportunities for the ceramic proppants market.
Besides gauging factors enabling growth in the global ceramic proppants market, the report profiles some of the leading vendors to present insight into the competitive landscape. Some of the companies profiled in the report are JSC Borovichi Refractories Plant, Fores LLC, Badger Mining Corporation, Momentive Speciality Chemicals Inc., Carbo Ceramics, and Imerys S.A.