China and USA market comparison proppant

With the recent fluctuations in oil prices, oil and gas industry will rise or fall increasingly become uncertain. And for the important process of fracturing chemicals  Ceramic proppant  importance of the market becomes self-evident. Here on China and American ceramic proppant market to be a simple comparison. We know that ceramic proppant (referred ceramic, the English name ceramic proppant) is an oil and gas industry as an accessory to the use of chemicals, the main chemical ingredient of bauxite, the purpose is to make the oil / gas production efficiency , to maximize productivity.

Ceramic proppant was first invented in the United States, used to increase oil production, because the U.S. ceramic proppant specialists have discovered through reasonable Hydraulic fracturing  technology that allows oil production increased by 20% -50%, which not only take full advantage of petroleum raw materials and non-renewable resources, and economic benefits has significantly improved. China is in the late 1980s began to target the development of ceramic proppant to invest in the development and mass production up. However, with the development of the economy told the U.S.  Proppant  huge market vacancy, the United States locally produced ceramic proppant is no longer able to meet the needs of U.S. domestic oil wells, the gap reached nearly 35%. This stimulated the Chinese  ceramic proppant  market development and prosperity.