Global demand for well stimulation materials is forecast to increase 11.3 percent annually through 2010. Gains will be driven by high oil and gas prices coupled with maturing wells. Among the leading markets, China, Canada and Russia hold stronger prospects than the US. Proppants will be the largest and fastest growing product.
This study analyzes the $2.5 billion world well stimulation material industry. It presents historical demand data for 1995, 2000 and 2005 and forecasts to 2010 and 2015 by product (e.g., proppants, gelling agents, foaming agents, acids, crosslinking agents, breakers, friction reducers, fluid loss control agents); key country (US, Russia, Canada, China); and world region (Latin America, Europe, Asia/Pacific, Africa/Mideast.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 33 major players including CARBO Ceramics, Mineracao Curimbaba, Saint-Gobain, Fairmount Minerals, Borovichi Refractories, Rhodia, Hexion Specialty Chemicals, and Akzo Nobel.