The new report by Expert Market Research titled, ‘Global Low Density Ceramic Proppant Market Price, Report and Forecast 2023-2028’, gives an in-depth analysis of the global low density ceramic proppant market, assessing the market based on its segments like type, application, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/low-density-ceramic-proppant-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 7%
The low density ceramic proppant industry is driven by the increasing demand from the oil and gas sector. The rising energy demands from across industry verticals is leading to the increased implementation of hydraulic fracturing to extract more oil and gas resources. In addition, the weather changes at the oil and gas extraction sites and equipment delays result in the increased use of ceramic proppants in hydraulic fracturing, which is estimated to support the market growth.
Furthermore, the exceptional characteristics of this product such as non-reactivity with other fluids, high mechanical strength, superior conductivity, and cost-effectiveness are projected to lead to the extensive application of low density ceramic proppant in the forecast period.
Industry Definition and Major Segments
Low density ceramic proppant is used in the process of hydraulic fracturing. Hydraulic fracturing or fracking refers to the oil and gas well development process, which is conducted in low permeable petroleum-bearing rocks by injecting water, chemicals, or sand under high pressure to ease the flow of oil or gas.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/low-density-ceramic-proppant-market
The low density ceramic proppant industry, based on type, can be segmented into:
- Small Mesh
- Large Mesh
On the basis of application, the market is classified into:
- Oil and Gas
- Construction
- Others
The regional markets for low density ceramic proppants include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The low density ceramic proppants are widely used in industries and construction sites as they are durable and have high mechanical strength. The use of ceramic proppants increases the quality of the end product while reducing the cost. In addition, the rapid urbanisation and government initiatives to improve the country’s infrastructure are estimated to bolster the demand for low density ceramic proppant.
Furthermore, these low density ceramic proppants are environmentally friendly, as they are prepared from recycling coal gangue, a by-product of coal mining and coal washing.
Key Market Players
The major players in the market are CARBO Ceramics Inc., Fineway Inc., Chongqing Changjiang River Moulding Material Group Co., Ltd (CCRMM), and SEPPE Technologies, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global PVDF Resin Market – https://www.marketwatch.com/press-release/global-pvdf-resin-market-size-share-price-trends-analysis-key-players-report-forecast-2022-2027-emr-inc-2023-01-23?mod=search_headline
Global Critical Care Antiarrhythmic Drugs Market – https://www.marketwatch.com/press-release/global-critical-care-antiarrhythmic-drugs-market-size-share-price-trends-analysis-key-players-report-forecast-2022-2027-emr-inc-2023-01-23?mod=search_headline
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact:
Company Name: Claight Corporation
Contact Person: Shira Ellis, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research
