Global Shale Gas Market, By Application Type (Power Generation, Industrial and Manufacturing Applications, Residential Applications, Commercial Applications and Transportation), Technique Type (Horizontal Drilling and Hydraulic Fracturing), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Shale Gas Market
Data Bridge Market Research analyses that the shale gas market will witness a CAGR of 8.26% for the forecast period of 2021-2028 and is likely to reach at USD 139.51 billion by 2028.
Shale gas is natural gas that can be created from shale rock and deposits underground. It is the largest source of natural gas in the United States and is expected to be a potential energy source for the rest of the world. Shale gas is believed to have reduced greenhouse gas emissions to the environment.
Reduction in the prices of natural gas and environmental protection and growing awareness about the benefits of natural gas are the major drivers influencing the growth of the shale gas market. Furthermore, easy availability of abundant source of shale gas and high growth in the supply and distribution infrastructure will accelerate the shale gas market growth rate.
Also, technological advancement and innovations associated with shale gas extraction will provide beneficial opportunities for the shale gas market growth.
However, high amount of capital invested for the project of shale gas and extraction of chemicals and waste into water bodies will hamper the growth of the shale gas market. Harmful effects of horizontal drilling on the environment will challenge the shale gas market growth rate.
This shale gas market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on shale gas market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Shale Gas Market Scope and Market Size
The shale gas market is segmented on the basis of application type and technique type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of application type, the shale gas market is segmented into power generation, industrial and manufacturing applications, residential applications, commercial applications and transportation.
- On the basis of technique type, the shale gas market is segmented into horizontal drilling and hydraulic fracturing. Horizontal drilling has been further sub-segmented into horizontal drilling and fracture stimulation. Hydraulic fracturing has been further sub-segmented into water, chemicals and proppants.
Shale Gas Market Country Level Analysis
The shale gas market is analysed and market size, volume information is provided by country, application type and technique type as referenced above.
The countries covered in the shale gas market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the shale gas market and will continue to flourish its dominance during the forecast period due to the presence of major key players and deployment of hydraulic fracturing with horizontal drilling for drilling ultra-hard shale deep underground reserves. Asia-Pacific will continue to however project the highest CAGR for this period because of the growing demand for shale gas in this region.
The country section of the shale gas market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Shale Gas Market Share Analysis
The shale gas market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to shale gas market.
The major players covered in the shale gas market report are Occidental Petroleum Corporation, Antero Resources Corporation, BNK Petroleum Inc., Chesapeake., Chevron Corporation, EQT AB, Cuda Oil And Gas, Pioneer Natural Resources Company., Range Resources Corporation., Royal Dutch Shell, SM ENERGY, Equinor ASA, Repsol, MARATHON OIL COMPANY, Mitsubishi Corporation Exploration Co., Ltd., Quicksilver Resources, Cabot Oil & Gas, Exxon Mobil Corporation, Reliance Industries Limited., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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