US demand for oil and gas well stimulation materials is projected to increase 14 percent annually through 2014. Gains will be buoyed by renewed efforts to reduce dependence on foreign energy sources. The largest segment, proppants, will also be one of the fastest growing, along with gases and other materials.
This study analyzes the $3.8 billion US well stimulation material industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., proppants, base fluid materials, fluid additives, industrial gases) and US regional market (Southern, Western, Eastern, Midwestern).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including CARBO Ceramics, Fairmount Minerals and Praxair.