Shale Gas Market on the basis of Technology (Exploration & Drilling and Fracturing Fluid), Application (Power Generation, Industrial, Residential, Commercial, and Transportation), and Geography – Global Forecast up to 2027

  • July, 2021
  • Domain: Chemicals, Materials & Food - Specialty Chemicals
Pages: 66
Tables: 44
Charts: 74
Regions/Countries: 4/10
Companies: 10
Enquiry Hours: 10
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Shale gas is a type of natural gas which is found below the shale rock. Shale is a compressed fine-grained sedimentary rock created from mud silt, clay, and organic matter. Shale gas is confined within tiny pore spaces in sediment formations. It majorly consists of methane with other hydrocarbons such as propane, ethane, butane, carbon dioxide, nitrogen, and hydrogen sulphide. The advantages associated with shale gas, including lesser natural gas prices, a cleaner environmental footprint than some other fossil fuels, which include coal, fuel oil or natural gas, intensified energy security & the availability of energy fuels, and local economic development are significant factors which are primarily driving the growth of the global shale gas market. The rising awareness about the environment elevates the utilization of clean fuels, including natural gas, which is surging demand for shale gas. On the other hand, shale gas production can be economically not feasible at times and negatively impact the environment, which are the key factors restricting the shale gas market growth. The Shale Gas Market is anticipated to grow at the rate of 8.5% CAGR by 2027.   

Research Methodology:

The shale gas market has been analyzed by using the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Shale gas Market

Shale Gas Market on the basis of Technology

  • Exploration & Drilling
  • Fracturing Fluid

Shale Gas Market on the basis of Application

  • Power Generation
  • Industrial
  • Residential
  • Commercial
  • Transportation

Shale Gas Market on the basis of Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on technology, the shale gas market is divided into exploration & drilling and fracturing fluid. The fracturing fluid segment is projected to witness a higher CAGR rate over the forecasted period. The segment's growth is ascribed to the rising popularity of fracturing technology because of its outstanding cost-efficiency and great hydrocarbon recovery technique for extraction. In addition, the adoption of hydraulic fracturing with horizontal drilling for piercing ultra-hard shale deep underground reserves and the use of watery fluids such as water, gel, brines, and acid,  as the base fluid in the abstraction of shale gas is further enhancing the growth of the market.

As per the application-based segments, the shale gas market is categorized into power generation, industrial, residential, commercial, and transportation. The power generation segment is likely to hold the highest share in the shale gas market. The highest share is credited to the rising use of natural gas in power generation, coupled with the lower price and minimum carbon emission of shale gas. The rising demand for power among industrial verticals and the rising inclination towards cleaner combustion quality of shale gas when compared to other fossil fuels further augment the market growth over the forecast period.

In terms of geographical analysis, the regions are divided accordingly, such as North America, Europe, Asia Pacific, and the rest of the world. Among them, North America is expected to hold a substantial market share. This is majorly due to the enormous of technically regained shale reserves, along with the active commercial production of shale in the region are the key factors.

Furthermore, the emerging advances in technology such as advances in horizontal drilling, the use of multi-well drilling pads, and multi-stage hydraulic fracturing enable the efficient production of shale gas, which is majorly driving the global market's growth. The hydraulic fracturing disturbs the local stress field and causes slid or shearing in naturally broken shale formations. Since monitoring this process utilizing microseismic techniques offers a valuable tool helping to detect the drilling result and understand the operation's efficacy. Hence, it improves shale gas production.

This report also includes the key vendor’s profiles of the shale gas market - Polskie Gornictwo Naftowe I Gazownictwo Sa, Marathon Oil Corp, Baker Hughes Inc., Beach Energy Ltd, Bnk Petroleum Inc, Lng Energy Ltd., Chesapeake Energy Corp, Southwestern Energy Company, Quicksilver Resources Inc. and Petrohawk Energy Corp.

Hence, natural gas, especially shale gas, is a copious energy resource playing a prominent role in future energy demand and allowing the world to transition to higher support on renewable energy sources. And also, shale gas has a wide range of applications.

  • This report offers analysis for changing competitive dynamics along with the forward-looking perspective on various factors driving or restraining market growth
  • The report gives the forecast analysis on the basis of how the market is predicted to grow
  • Further report provides a pin-point analysis of changing competition dynamics and keeps the users ahead of competitors
  • This report also helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Technology: Market Size & Analysis
    1. Overview
    2. Exploration & Drilling
    3. Fracturing Fluid
  6. Application: Market Size & Analysis
    1. Overview
    2. Power Generation
    3. Industrial
    4. Residential
    5. Commercial
    6. Transportation
  7. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  8. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  9. Vendor Profiles
    1. Polskie Gornictwo Naftowe I Gazownictwo Sa
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Marathon Oil Corp
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Baker Hughes Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Beach Energy Ltd
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. Bnk Petroleum Inc
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Lng Energy Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. Chesapeake Energy Corp
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Southwestern Energy Company
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. Quicksilver Resources Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Petrohawk Energy Corp.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  10. Analyst Opinion
  11. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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