The North American shale boom is propelling the sand and proppants market. Today, the proppants and sand market accounts for more than $4 billion a year, and it is expected to reach more than $7 billion annually by 2017.
As the oil & gas E&P industry strives to increase well yields and expand the amount of oil and gas recovered, proppants will serve as a critical part of the solution. The demand for proppants is likely to increase even faster than the underlying exploration and production activity as new plays open up and older plays are re-developed using new technologies.
Transportation and delivery infrastructure continues to struggle to keep pace with the continuing evolution of the proppants industry. Regulatory changes focused on health and safety are impacting ...