US demand for well stimulation materials is forecast to rise 10.2 percent annually to nearly $12 billion in 2016. Growth will be driven by continued advances in hydraulic fracturing technology designed to increase the productivity of both new and existing wells. Proppants, gases, and base fluid materials will be among the fastest growing products.
This study analyzes the $7.4 billion US well stimulation material industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product (e.g., proppants, fluid additives, base fluid materials, industrial gases) and regional market (Southern, Midwestern, Eastern, Western).
The study also considers market environment factors, details industry structure, evaluates company market shares and profiles 40 industry players, including CARBO Ceramics, Fairmount Minerals and FTS International.