Proppant Demand in North America to Reach $8.2 Billion in 2019

摘要

With oil and gas prices expected to remain subdued in the near term, demand for proppants will decelerate from the rapid growth posted between 2004 and 2014. Future gains will result primarily from increases in proppant loadings in unconventional well completions. The demand in North America is forecast to increase 7.6 percent annually through 2019 to 162 billion pounds, valued at $8.2 billion.