Developments in the oil proppant

In recent years, proppant plant with the development of the domestic production of oil fracturing proppant, proppant fracturing of oil product export volume gradually from scratch, from less to more. However, overall, the export volume is still less than imports. And products are mainly concentrated on low value-added low-end products, imports are high value-added high-end products, such as the excellent performance of high strength proppant fracturing of oil products. Development of oil fracturing proppant industry is not fast, the market size of the average annual growth rate of about 15 percent, the average annual growth rate of the enterprise total capacity of around 12%. Large number of enterprises, but most are small businesses, low yield, low-tech, competition means also focused on product prices above, and do not occupy a larger share of the market, especially large-scale enterprise production. Domestic oil demand continues to increase dependence on foreign oil continues to increase. In order to meet the increasing domestic demand for oil,petroleum proppant the oil industry has developed rapidly. Correspondingly related products is rapidly expanding. China's oil fracturing proppant industry at this time, the relatively rapid development, the market scale growth rate reached 20%. In 2009, Chinese oil fracturing proppant industry investment of 470 million yuan, in 2011 increased to 620 million yuan, an average annual growth rate of over 13%.