What is the oil fracturing proppant

In recent years, with the development of the domestic production of oil fracturing proppant , oil fracturing proppant export volume gradually from scratch, from less to more . However , overall, the export volume is still less than imports . And low value-added products are mainly concentrated on the low-end products, imports are high-end products with high added value , such as the excellent performance of high-strength oil fracturing proppant products. Development of China's petroleum industry is not fast fracturing proppant , the market size of around 15% annual growth rate , the average annual growth rate of total capacity in enterprises around 12 %. The large number of companies , but most are small businesses , low yield , low-tech , competition means prices are mainly concentrated in the top , and did not occupy a larger share of the market, especially large-scale enterprise to produce . 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 development of relatively rapid growth in market size reached 20%. In 2009, China's Shale gas revolution industry investment of $ 470 million in 2011 increased to 620 million yuan , an average annual growth rate of over 13%.