China's oil fracturing proppant in recent years, development status and future projections

ceramic proppant is a granular product, this product use a variety of high-quality bauxite and other raw materials, ceramic sintering. Deep mining in the oil and gas, the high closure pressure low permeability deposits by fracturing treatment, the rock cracked hydrocarbon, oil and gas from the cracks formed in the channel pooling out. Ceramic support material with a solution into the formation along with the high-pressure filling fissures in the rock, play a supporting fissure is closed not because of the role of stress release, thereby maintaining high conductivity, so that gas flow, increase production.

In recent years, as domestic oil  Fracturing proppant  production development, oil fracturing proppant export volume gradually from scratch, from less to more. However, overall, the export volume is still less than imports. And the products are mainly concentrated in low value-added low-end products, imports are high value-added end products.

Domestic demand for oil continues to increase, dependence on foreign oil continues to increase. In order to meet the increasing domestic demand for oil, the oil industry has developed rapidly. Correspondingly related products is rapidly expanding. China's oil fracturing proppant industry during this time, the relatively rapid development, market size growth rate reached 20%. In 2009, China's oil  frac proppant  industry investment 470 million yuan, in 2011 increased to 620 million yuan, an average annual growth rate of more than 13%.

Expects the next few years, China's oil fracturing proppant industry market size will rapidly expand production capacity of enterprises is also increasing rapidly. Oil fracturing  Proppant  product toward high-intensity direction. Moreover, the products will trend toward a more disaggregated, will further enrich the product line. China's oil fracturing proppant products market will be rapid development, more than 27% annual growth rate. Expected 2012 oil fracturing proppant product growth rate of 29.23 percent market size, market size at 274 million tons.