As the focus on unconventional gas sources intensifies, the global shale gas market will be the key beneficiary, finds a latest report published by Transparency Market Research.
According to the report, the production of shale gas worldwide stood at 10,138.2 Bcf in 2012, and will exhibit a 7.9% CAGR from 2013 to 2019, by which year it will stand at 17,201.6 Bcf.The report, titled ‘Global Shale Gas Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,’ states that measures to address the depletion of conventional gas reservoirs has prompted sizeable investments in shale gas exploration.
The key challenges standing in the way of the market’s growth are the high cost of shale gas exploration and extraction and concerns about surface water being contaminated.These efforts have already borne fruit with a shale gas revolution being seen in the U.S., which has put the country firmly on the path to becoming a net exporter of natural gas by 2017, marking an evident change from its status as a modest net importer.
The landscape of the global shale gas market, however, could likely see a shift in the coming years with many more countries showing massive potential for shale gas production with the discovery of new reserves worldwide.Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1941As is the case with natural gas, shale gas too finds various applications, which include: power generation, industrial, residential, commercial, transportation, and others.
Shale gas comprised two-thirds of all unconventional sources.
About 60% of all conventional gas resources occur in Eastern Europe and Eurasia and these regions hold 16.5% of all unconventional gas sources.
The global oil shale market is expected to witness high growth, as the key market players are working towards bolstering their production capacities to gain higher share in the market.
Key players in the market are also focusing on adopting innovative price control mechanism to meet the growing demand for oil shale from different regions.
In this report, researchers have analyzed few prominent players that included Global Oil Shale Group Limited, Exxon Mobil Corporation, Queensland Energy Resources Ltd, Jordan Oil Shale Company B.V., Questerre Energy Corporation, and Fushun Mining Group Co., Ltd. As per the information given in this report, the global oil shale market is expected to progress at staggering 27.34% CAGR over the forecast period between 2014 and 2022.
On regional front, Asia Pacific has showed high demand for oil shale, as there is a huge populace of people falling under lower or marginal income group.
Developing Industrial Sector Expands Oil Shale Market  Since primitive times, the need for fossil fuel has been high.
The demand for oil shale is also high in thermal power plants and can be used for making different materials such as fertilizers, glass, and carbon black.
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 oil shale market is expected to witness high growth, as the key market players are working towards bolstering their production capacities to gain higher share in the market.
Key players in the market are also focusing on adopting innovative price control mechanism to meet the growing demand for oil shale from different regions.
In this report, researchers have analyzed few prominent players that included Global Oil Shale Group Limited, Exxon Mobil Corporation, Queensland Energy Resources Ltd, Jordan Oil Shale Company B.V., Questerre Energy Corporation, and Fushun Mining Group Co., Ltd. As per the information given in this report, the global oil shale market is expected to progress at staggering 27.34% CAGR over the forecast period between 2014 and 2022.
On regional front, Asia Pacific has showed high demand for oil shale, as there is a huge populace of people falling under lower or marginal income group.
Developing Industrial Sector Expands Oil Shale Market  Since primitive times, the need for fossil fuel has been high.
The demand for oil shale is also high in thermal power plants and can be used for making different materials such as fertilizers, glass, and carbon black.
Global Shale Gas Market study is providing you with the up-to-date, actionable market information and projections with the latest impact of the Covid 19 outbreak.
It offers all the requisite data to support tactical business decisions and come up with strategic growth plans.
Till now, shale gas production is limited to North America such as Canada and U.S.
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, 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.
Players, stakeholders, and other participants in the global Oil Shale market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.Download FREE Sample of this Report @Â https://www.24chemicalresearch.com/download-sample/94404/global-oil-shale-2027-779Â Segment by Type10%Segment by ApplicationElectricityShale OilOtherBy CompanyAnadarkoOccidental PetroleumChesapeake EnergyExxonMobilMarathon OilChevron CorporationEOG ResourcesPioneer Natural ResourcesSM EnergyConocoPhillipsCabot Oil & GasProduction by RegionNorth AmericaEuropeChinaJapanConsumption by RegionNorth America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.EReasons to Purchase Our Research Report:1.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects4.
Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.5.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment6.
As the focus on unconventional gas sources intensifies, the global shale gas market will be the key beneficiary, finds a latest report published by Transparency Market Research.
According to the report, the production of shale gas worldwide stood at 10,138.2 Bcf in 2012, and will exhibit a 7.9% CAGR from 2013 to 2019, by which year it will stand at 17,201.6 Bcf.The report, titled ‘Global Shale Gas Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019,’ states that measures to address the depletion of conventional gas reservoirs has prompted sizeable investments in shale gas exploration.
The key challenges standing in the way of the market’s growth are the high cost of shale gas exploration and extraction and concerns about surface water being contaminated.These efforts have already borne fruit with a shale gas revolution being seen in the U.S., which has put the country firmly on the path to becoming a net exporter of natural gas by 2017, marking an evident change from its status as a modest net importer.
The landscape of the global shale gas market, however, could likely see a shift in the coming years with many more countries showing massive potential for shale gas production with the discovery of new reserves worldwide.Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1941As is the case with natural gas, shale gas too finds various applications, which include: power generation, industrial, residential, commercial, transportation, and others.
Shale gas comprised two-thirds of all unconventional sources.
About 60% of all conventional gas resources occur in Eastern Europe and Eurasia and these regions hold 16.5% of all unconventional gas sources.
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.
Global Shale Gas Market study is providing you with the up-to-date, actionable market information and projections with the latest impact of the Covid 19 outbreak.
It offers all the requisite data to support tactical business decisions and come up with strategic growth plans.
Till now, shale gas production is limited to North America such as Canada and U.S.
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, 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.
The global oil shale market is expected to witness high growth, as the key market players are working towards bolstering their production capacities to gain higher share in the market.
Key players in the market are also focusing on adopting innovative price control mechanism to meet the growing demand for oil shale from different regions.
In this report, researchers have analyzed few prominent players that included Global Oil Shale Group Limited, Exxon Mobil Corporation, Queensland Energy Resources Ltd, Jordan Oil Shale Company B.V., Questerre Energy Corporation, and Fushun Mining Group Co., Ltd. As per the information given in this report, the global oil shale market is expected to progress at staggering 27.34% CAGR over the forecast period between 2014 and 2022.
On regional front, Asia Pacific has showed high demand for oil shale, as there is a huge populace of people falling under lower or marginal income group.
Developing Industrial Sector Expands Oil Shale Market  Since primitive times, the need for fossil fuel has been high.
The demand for oil shale is also high in thermal power plants and can be used for making different materials such as fertilizers, glass, and carbon black.
The global oil shale market is expected to witness high growth, as the key market players are working towards bolstering their production capacities to gain higher share in the market.
Key players in the market are also focusing on adopting innovative price control mechanism to meet the growing demand for oil shale from different regions.
In this report, researchers have analyzed few prominent players that included Global Oil Shale Group Limited, Exxon Mobil Corporation, Queensland Energy Resources Ltd, Jordan Oil Shale Company B.V., Questerre Energy Corporation, and Fushun Mining Group Co., Ltd. As per the information given in this report, the global oil shale market is expected to progress at staggering 27.34% CAGR over the forecast period between 2014 and 2022.
On regional front, Asia Pacific has showed high demand for oil shale, as there is a huge populace of people falling under lower or marginal income group.
Developing Industrial Sector Expands Oil Shale Market  Since primitive times, the need for fossil fuel has been high.
The demand for oil shale is also high in thermal power plants and can be used for making different materials such as fertilizers, glass, and carbon black.
Players, stakeholders, and other participants in the global Oil Shale market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.Download FREE Sample of this Report @Â https://www.24chemicalresearch.com/download-sample/94404/global-oil-shale-2027-779Â Segment by Type10%Segment by ApplicationElectricityShale OilOtherBy CompanyAnadarkoOccidental PetroleumChesapeake EnergyExxonMobilMarathon OilChevron CorporationEOG ResourcesPioneer Natural ResourcesSM EnergyConocoPhillipsCabot Oil & GasProduction by RegionNorth AmericaEuropeChinaJapanConsumption by RegionNorth America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.EReasons to Purchase Our Research Report:1.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects4.
Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.5.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment6.