the Shale Gas Market is anticipated to be worth US$119.19 billion. Natural gas, predominantly methane, is discovered beneath shale rock and is referred to as “shale gas.” It is classified as unconventional gas because it is found in shale, a less permeable rock formation than sandstone, siltstone, or limestone where ‘conventional’ gas is produced, and because it is often scattered over a much larger territory. This study focuses on the Shale Gas market’s several segments (Technology, End-user, Components, and Region). This research provides in-depth analysis of the key market actors and geographies (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It provides a thorough examination of the various sectors’ phenomenal modern-era growth.
Shale Gas Market Overview:
The fundamental purpose of this research is to help the user understand the Shale Gas Market in terms of definition, segmentation, market potential, significant trends, and the issues that the Shale Gas industry faces in key areas and countries. Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
Shale Gas Market size was valued at US$ 67.33 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.5% from 2023 to 2029, reaching nearly US$ 119.19 Bn.
Scope of the Report
Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.
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Shale Gas Market Drivers:
Because of the volatility of crude oil and natural gas prices, Break-Even (BE) prices for fracking operations, financial and technical constraints within the industry, global hydrocarbon demand development, political and regulatory factors in the US, and environmental and societal sustainability, US shale oil and gas demand decreased, prices fell, and bankruptcies were announced at an unusually high rate. Since 2010, the US shale market has seen over 190 bankruptcies, over $450 billion in capital impairments, and $300 billion in net negative free cash flows. These characteristics are detrimental to the worldwide shale gas business.
Shale Gas Market Segmentation:
by Technology
Horizontal fracking
Vertical fracking
Rotary fracking
by End-userResidential
Commercial
Industrial
Power generation
Transportation
by ComponentCompressors & Pumps
Electrical Machinery,
Heat Exchangers
Internal Combustion Engines
Measuring & Controlling DevicesKey Players:
1. Royal Dutch Shell PLC
2. ConocoPhillips
3. PetroChina Company Limited
4. Exxon Mobil Corporation
5. Chevron Corporation
6. Chesapeake Energy Corporation
7. Reliance Industries Limited
8. SM Energy
9. Talisman Energy Inc.
10. BHP Billiton Limited
11. Anadarko Petroleum Corporation
12. Antero Resources
13. Cabot Oil & Gas
14. Devon Energy
15. Encana Corporation
16. Baker Hughes IncorporationRequest Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @https://www.maximizemarketresearch.com/request-sample/22520
Regional Analysis:
The report focuses on Regions and Market Size of Shale Gas , and development forecast 2021-2027, including industries, major players, suppliers globally, and market share by regions, with company and product introduction, market position including market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact on the Shale Gas Market
The report addresses the consequences of COVID-19: Since the COVID-19 virus emerged in December 2019, the sickness has spread to nearly every country on the earth, causing the World Health Organisation to designate it a public health catastrophe. The global impacts of the coronavirus outbreak are already being felt, and they will have a significant impact on the Shale Gas sector in 2021.
Key Questions answered in the Shale Gas Market Report are:
What is the function of Shale Gas ?
What is the predicted revenue generation of the Shale Gas market?
At what growth rate is the Shale Gas market evolving?
Who are the major market giants operating in the Shale Gas market?Key offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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