Domestic oil fracturing proppant market size and export situation analysis

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-end products with high added value, such as high strength excellent performance oil fracturing  Proppant  products. China's oil fracturing proppant is not fast development of the industry, market size average annual growth rate of 15 percent, an average annual growth rate of total production capacity of enterprises in about 12%.

Number of enterprises, but most are small businesses, low output, low-technology, competition means also focused on product prices above the market did not take a larger share of special large-scale enterprise production. 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%.