DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9czmqr/middle_east_and) has announced the addition of the "Middle East and Africa Proppants Market - Growth, Trends and Forecasts (2015-2019)" report to their offering.
The Middle East and Africa proppants market is expected to see healthy rise due to the presence of immense shale gas reserves in Algeria, South Africa and Libya.
The governments in these countries are also showing willingness to pursue hydraulic fracturing. Algeria holds the fourth largest recoverable shale gas reserves after China, USA and Argentina. After Algeria announced it's intend to tap shale gas reserves, the first wells were drilled in 2011 and they started off by supplying to the European gas market.
An initial imposition of a moratorium on fracking in April 2011 by South African government was lifted later on in September 2012 after a realization that fracking was in the best interest of the country. Several energy companies were subsequently granted exploration licenses. However, water shortages remain a major grievance in the entire region.
Resin coated proppants are also expected to grow due to the relative cost advantages over ceramic proppants and performance advantage over frac sand. The market can be segmented based on geography into China, India, Japan, South Korea and other countries. Some of the key players in this market are Superior Silica Sands, U.S. Silica Holdings, Texas Silica and Badger mining.
New drilling techniques that employ proppants and improvements in the fracturing industry are the major drivers in this market. Major impediments to the growth of this market are environmental norms on the use of the proppants and cost factor.
- Saint-Gobain Proppants
- CARBO Ceramics
- Baker Hughes
- Unimin Corporation
- Borovichi Refractories Plant (Borprop)
- Badger Mining
- Hi-Crush Partners LP
- Momentive Speciality Chemicals Inc.
- Yixing Orient Petroleum Proppant Co. Ltd
- Superior Silica Sands
- Texas Silica
- U.S. Silica Holdings Inc.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Dynamics
5. Technology Overview
6. Different types of proppants
7. Market Analysis & Forecast
8. Competitive Landscape
9. Company Profiles
For more information visit http://www.researchandmarkets.com/research/9czmqr/middle_east_and