Global Ceramic Proppants Market Powered by Rising Oil Explorations

San Francisco, California, Sept 21, 2018: TMR Research has recently added a report to its vast repository, titled, “Ceramic Proppants Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017–2025.” The report states that the performance and quality of ceramic proppants is crucial for building fractures and for maintaining the optimal balance between conductivity and contact in oil wells.

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Lightweight ceramic proppants are much sought after since they provide almost 50% permeability in oil wells. This is more than what is offered by water fracturing methodologies. The report finds that ceramic proppants have various unique perceived benefits driving their uptake. Foremost among them is their higher strength. Ceramic proppants are stronger than resin-coated proppants and silica proppants. This makes them perfect for hydraulic fracturing of deep oil and gas spectrum. Further, ceramic proppants help to increase the conductivity of deep and middle oil wells. All such USPs have bode well for the global ceramic proppants market.

Ceramic proppants are providing major competition to the sand-based proppants seeing widespread usage in the oil industry. Apart from that, manufacturing of ceramic proppants does not cause much damage to the environment. This is because it makes use of raw materials such as bauxite. This is another factor promoting demand in the global ceramic proppants market.

From a geographical standpoint, the global ceramic proppants market is spread across Europe, North America, Asia Pacific, and the Rest of the World. Among them, at present North America is mainly driving demand in the market due to the soaring oil exploration activities in the region. With rebounding oil and gas prices, the ceramic proppants market is set to receive further boost in the region. Asia Pacific and the Middle East and Africa are other prominent regions fuelling demand in the global ceramic proppants market.

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Key players in the global ceramic proppants market include Badger Mining Corporation, Carbo Ceramics, Fores LLC, JSC Borovichi Refractories Plant, and Momentive Speciality Chemicals Inc.

Ceramic Proppants Market – Brief Description of Industry 2017 – 2025

Global Ceramic Proppants Market: Snapshot

Ceramic proppants are designed to maintain an induced hydraulic fracture open at the time of fracturing or following a fracturing treatment. The quality and performance of ceramic proppant is important to build fractures and to maintain the most favorable balance between contact and conductivity for the lifespan of oil wells.

Lightweight ceramic proppants that are economically viable as well are produced from close-controlled high quality calcined kaolin clay and are processed in modern ceramic proppant engineering plants. The resultant products thus provide permeability up to 50% more than what is typically provided by water fracturing methodologies.

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The key function of traditional proppants is to assist in maintaining conducive fractures during well production. This requires proppants to meet close stress requirement and display resistance for diagenesis under downhole conditions. Proppants are available in various types, shapes, sizes, and applications to be used in the oil and gas industry. While most proppants are composed of ceramics or silica, advanced proppants such as ultra-weight proppants are desirable as they have reduced settling time and require low viscosity fluids for transporting oil and gas. Besides the basic function of proppants to maintain conductive hydraulic fractures, they are used as a crude way to detect hydraulic fracture geometry and to detect matrices for the slow release of downhole chemical additives.

Other than the conventional approach of pumping proppant downhole in frac fluids, a new way to generate in-situ spherical proppants has come to the fore recently. The carrying of proppants downhole involves the use of sophisticated fracturing fluids that have been designed and engineered to be used in the complete hydraulic fracturing process.

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.

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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.

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.

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Ceramic Proppants’ Use in Oil and Gas Transportation Poised to Surge

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.