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Friday 29 April 2016

Proppants Market is Growing drilling and completion activities for shale gas in the U.S. and Canada is expected to drive market growth till 2022:


Global Proppants Market is expected to reach 96.03 million tons by 2020, according to a new study by Grand View Research, Inc. Growing drilling and completion activities for shale gas in the U.S. and Canada is expected to drive market growth over the next six years. In, addition advent of multiple stage fracturing resulting in higher consumption of proppants per stage is expected augment demand over the forecast period. In addition, large technically recoverable shale gas reserves in China, Australia, Algeria and Russia is expected to promote market growth.
http://www.grandviewresearch.com/industry-analysis/proppants-market

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