(EnergyIndustry.Net, January 13, 2018 ) According to Publisher, the Global Shale Gas Market is accounted for $68.5 billion in 2015 and expected to grow at a CAGR of 9.8% to reach $132.4 billion by 2022. Factors such as ongoing research & development along with technological advancements, increasing demand of shale gas in various industries, significant number of shale reserves all over the globe are positively effecting the market growth. However, high cost involved in the production and concerns regarding methane emissions during shale gas production would limit the market growth. Shale gas could replace significant amounts of coal as an energy source further, substantial amount of shale reserves in countries such as China, Poland, Argentina and Algeria would provide an opportunity for companies to enter the shale gas market.
Horizontal drilling and hydraulic fracturing are widely employed for shale gas extraction process worldwide. Industrial applications were the leading segment in the global market. Power generation and residential application segments are anticipated to show significant growth during the forecast period. North America is leading the global production, generating the highest revenue for the global shale gas market. Asia-Pacific and Europe has tremendous potential to grow due to significant number of reserves which are untapped in countries such as China, Algeria and Indonesia. Some of the key players in global Shale Gas market are Maran Gas Maritime Inc, Anadarko Petroleum Corporation, Antero Resources, BHP Billiton Limited, Cabot Oil & Gas , Chesapeake Energy Corporation, Devon Energy, Encana Corporation, Exxon Mobil Corporation, PetroChina, Reliance Industries Limited, Royal Dutch Shell, Sinopec, SM Energy , Statoil, Talisman Energy Inc , Total SA, Baker Hughes Incorporation, ConcoPhillips Co, FTS International, Inc, United Oilfield Services Inc, CONSOL Energy, BNK Petroleum Inc., and Schlumberger Limited. Technologies Covered: - Fracturing Fluid o Chemicals o Proppants o Water - Exploration & Drilling o Horizontal Drilling o Hydraulic fracturing o Water Usage Applications Covered: - Industrial and Manufacturing - Processing Type - Commercial - Residential - Power Generation - Transportation
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements
Company Profiling 10.1 Maran Gas Maritime Inc. 10.2 Anadarko Petroleum Corporation 10.3 Antero Resources 10.4 BHP Billiton Limited 10.5 Cabot Oil & Gas 10.6 Chesapeake Energy Corporation 10.7 Devon Energy 10.8 Encana Corporation 10.9 Exxon Mobil Corporation 10.10 PetroChina 10.11 Reliance Industries Limited 10.12 Royal Dutch Shell 10.13 Sinopec 10.14 SM Energy 10.15 Statoil 10.16 Talisman Energy Inc 10.17 Total SA 10.18 Baker Hughes Incorporation 10.11 ConcoPhillips Co 10.20 FTS International, Inc 10.21 United Oilfield Services, Inc. 10.22 CONSOL Energy 10.23 BNK Petroleum Inc 10.24 Schlumberger Limited