Buoyed by historically high oil and gas prices, US demand for well stimulation materials will grow 14 percent annually through 2012. All important product types will register strong growth as US oilfield operators struggle to sustain production levels. Proppants, the largest category, will double in market value. This study analyzes the $2.8 billion US well stimulation material industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., proppants, base fluid materials, additives, industrial gases), and US regional market (e.g., Southern, Western). The study also considers market environment factors, reviews technology, evaluates company market share and profiles 31 industry competitors, including CARBO Ceramics, Praxair and Fairmount Minerals.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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