Market Scenario :
Shale Gas Market size was valued at US$ 62.06 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.5% from 2022 to 2029, reaching nearly US$ 119.19 Bn.
Shale Gas Market Overview
The Report Delivered By Maximize Market Research Helps Clients To Understand The Competitive Landscape In Detail, Which Is A Guide For Strategic Planning. The Shale Gas Market Overview Provides Thorough Details About The Size Of The Market, Trade Statistics, Leading Players, And Various Market Metrics Such As Life Cycle, Trends, Etc.
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Shale Gas Market Segmentation
by Technology
• Horizontal fracking
• Vertical fracking
• Rotary fracking
The market is divided into three categories according on technology: horizontal, vertical, and rotary fracking. By 2029, the vertical fracking Technology category is anticipated to have the biggest market share. Its advantages over other fuels, which include low cost and little carbon breakdown in comparison to other fuels, are to blame for this.
The horizontal fracking technology category is anticipated to expand quickly between 2022 and 2029 at a CAGR. Directional or horizontal drilling allows producers more control and accuracy when reaching and extracting oil/gas than vertical drilling does. Horizontal drilling also lowers the ecological impact of an above-ground drilling operation by drilling in numerous directions from a single well pad.
by End-user
• Residential
• Commercial
• Industrial
• Power generation
• Transportation
The market is divided into residential, commercial, industrial, power generation, and transportation segments based on the end-user. During the projected period of 2022-2029, the end-user segment for power generation is anticipated to expand significantly at a CAGR. The rising trend of power plants switching from coal to gas is anticipated to have a substantial impact on market expansion. Governments strive to increase the proportion of shale gas in the country's energy mix. The majority of demand in international markets is driven by electricity generation since it burns more cleanly than other fossil fuels.
The industrial end-user segment is anticipated to expand quickly between 2022 and 2029 at a CAGR. The transformation of shale gas into value-added outputs is anticipated to propel the industrial category during the period of forecasting. Opportunities to use this abundant resource to boost industrial output would lead to higher value-added products that could then be shipped overseas more easily than the primary energy source for nearly any country rich in shale gas. For instance, natural gas is required as a feedstock in the production of numerous products, including chemicals and fertilisers.
by Component
• Compressors & Pumps
• Electrical Machinery,
• Heat Exchangers
• Internal Combustion Engines
• Measuring & Controlling Devices
Shale Gas Market Report Scope And Research Methodology
The Report Offers A Comprehensive Analysis Of The Shale Gas Market, Including Trends, Forecasts, And Monetary Values. It Provides A Detailed Examination Of The Segments And Sub-Segments Within Both The Global And Regional Shale Gas Markets. The Report Employs A Bottom-Up Approach To Estimate The Market Size Of The Shale Gas Market, Ensuring Accuracy Across Various Segments. It Includes Comprehensive Information On Key Market Participants, As Well As New Entrants, Covering Their Services, Revenue, Financial Status, Portfolio, Growth Strategies, And Regional Presence. The Report Also Provides Projections For Market Size And Growth Rate And Highlights Existing And Future Trends Within The Shale Gas Market.
Furthermore, The Report Presents An In-Depth Analysis Of Demand Projections, Market Trends, And Micro And Macro Factors That Impact The Shale Gas Market. It Identifies The Drivers And Constraints Influencing The Growth Of The Shale Gas Market. The Report Utilizes Qualitative And Quantitative Research Methods, Incorporating Tools Such As Swot Analysis, Pestle Analysis, And Porter's Five Forces Analysis. This Enables A Comprehensive Understanding Of The Market Dynamics. The Report Also Provides Insights Into Key Upcoming Developments That Are Expected To Influence The Demand For Shale Gas In The Foreseeable Future.
The Key Manufacturers In The Shale Gas Market
• Royal Dutch Shell PLC
• ConocoPhillips
• PetroChina Company Limited
• Exxon Mobil Corporation
• Chevron Corporation
• Chesapeake Energy Corporation
• Reliance Industries Limited
• SM Energy
• Talisman Energy Inc.
• BHP Billiton Limited
• Anadarko Petroleum Corporation
• Antero Resources
• Cabot Oil & Gas
• Devon Energy
• Encana Corporation
• Baker Hughes Incorporation
Shale Gas Market Regional Insights
The Report Provides A Regional Analysis That Aids In Comprehending The Shale Gas Market Across Multiple Countries. It Offers A Comprehensive Examination Of Various Factors, Market Size, Growth Rate, As Well As Import And Export Statistics Within Different Regions. The Shale Gas Market Is Categorized Into Several Major Regions, Namely North America, Europe, Asia Pacific, Latin America, The Middle East, And Africa. The Report Delves Into Each Of These Regions To Provide Detailed Insights And Understanding Of The Shale Gas Market's Dynamics And Performance In Each Geographical Area.
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Table Of Content For The Shale Gas Market Includes:
1. Global Shale Gas Market: Research Methodology
2. Global Shale Gas Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Shale Gas Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Shale Gas Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
4. Global Shale Gas Market Segmentation
4.1 Global Shale Gas Market, by Technology (2022-2029)
• Horizontal fracking
• Vertical fracking
• Rotary fracking
4.2 Global Shale Gas Market, by End-user (2022-2029)
• Residential
• Commercial
• Industrial
• Power generation
• Transportation
4.3 Global Shale Gas Market, by Component (2022-2029)
• Compressors & Pumps
• Electrical Machinery,
• Heat Exchangers
• Internal Combustion Engines
• Measuring & Controlling Devices
Key Questions Answered In The Shale Gas Market Are:
- Which Are The Factors Expected To Drive The Shale Gas Market Growth?
- What Are The Different Segments Of The Shale Gas Market?
- What Are The Factors Restraining The Growth Of The Shale Gas Market?
- What Is The Demand Pattern Of The Shale Gas Market?
- What Major Challenges Could The Shale Gas Market Face In The Future?
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Key Offerings:
- Past Market Size And Competitive Landscape (2018 To 2022)
- Past Pricing And Price Curve By Region (2018 To 2022)
- Market Size, Share, Size & Forecast By Different Segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, And Key Trends By Region
- Market Segmentation – A Detailed Analysis By Segment With Their Sub-Segments And Region
- Competitive Landscape – Profiles Of Selected Key Players By Region From A Strategic Perspective
- Competitive Landscape – Market Leaders, Market Followers, Regional Player
- Competitive Benchmarking Of Key Players By Region
- Pestle Analysis
- Porter’s Analysis
- Value Chain And Supply Chain Analysis
- Legal Aspects Of Business By Region
- Lucrative Business Opportunities With Swot Analysis
- Recommendations
About Maximize Market Research:
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Owing to its low price compared to other fossil fuels, the market is anticipated to replace conventional sources such as coal, nuclear and hydro especially in chemical, fertilizer and hydrogel production industries.Global conventional energy reserves are not able to fulfill the demand owing to developing per capita consumption of energy in developing countries majorly in Asia-Pacific.
Till now, shale gas production is limited to North America such as Canada and U.S.
Foreign investors also have recently ventured the market along with entering into various mergers and acquisitions with companies to utilize the potential in this region.The key factors driving the market are anticipated to be the abundance of shale gas globally however yet not matured reserves in several locations such as India and Indonesia, improved supply and distribution network, enhanced drilling technology and decline in prices of conventional energy sources.However, the involvement of higher capital investment for shale gas exploration and production, and other issues such as water contamination on hydraulic fracturing are expected to restrain the industry growth over the forecast period.
Also, other environmental issues such as methane release owing to hydraulic drilling and public opposition have hindered the market mostly in the European countries such as Poland and France.Also, various energy and government agencies globally have initiated many programs for developing and producing shale gas.
Industries in Canada and U.S. are slowly shifting their focus towards the utilization of shale gas replacing the conventional gases.
This will develop transportation to be the fastest growing application with a projected at a CAGR of 10.8% from 2014 to 2020.The commercial application of the market is also expected to grow at CAGR of around 5.3% from 2014 to 2020 to reach approximately USD 10 billion by 2020.Regional Insights:In the present industry scenario, Canada and U.S. are the major producers of shale gas.
The global Shale Gas Processing Equipment Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the shale gas processing equipment market include Camaron, Honeywell UOP, GasTech Engineering Corporation, Linde Engineering, Pall Corporation, Johnson Controls, Newpoint Gas LP, Membrane Technology & Research, Exterran, Van Gas System.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Shale Gas Processing Equipment Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/shale-gas-processing-equipment-market/download-sampleMarket DynamicsThe increasing shale gas exploration and production activities and growing demand for shale gas across the globe are the key factors driving the shale gas processing equipment market.
The various properties, such as higher calorific value and lower carbon emissions than other conventional energy sources such as petroleum & coal, are expected to further drive the market.
Nonetheless, an abundance of domestic shale gas reserves in many countries is leading to rising commercial production of shale gas, which will result in an elevated growth rate for the market in the coming years.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
