Global Industry Analysis of Shale Gas Market Size, Share, Growth and Forecast 2015-2021. Shale Gas Industry is expected to Reach 17,201.6 Bcf Globally by 2021, growing at a CAGR of 7.9% from 2015 to 2021.
Shale gas is a type of natural gas explored from shale rocks or deposits underneath earth through various techniques. Globally, it has become an increasingly important source of natural gas. These projects are capital intensive that obstructs its development, but abundant resources and declining prices are boosting the growth of this natural gas.
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Discovery of new shale gas basins in China, Australia, etc. have created great opportunity for this market’s growth. In addition, it is expected to increase the ethylene production in the next few years. Shale gas is extracted through techniques like horizontal drilling and hydraulic fracturing. It involves applications such as power generations, transportation and various other applications.
United State is the largest market for this natural gas followed by Canada and China. Eventually, North America is the leading region for shale gas market and will continue to grow over the forecast period. This region was the only active producer of shale gas till 2010. Europe and Middle East & Africa are the second fastest growing market, followed by Asia Pacific and Latin America region.
Market Research Engine is involved in providing research reports and company profiles in the global shale gas market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market.
The shale gas market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our shale gas profiles.
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SEGMENTATIONS IN REPORT:
Shale Gas by Techniques:
• Horizontal Drilling
• Hydraulic Fracturing
Shale Gas by Applications:
• Power Generation
• Industrial and Manufacturing Applications
• Residential Applications
• Commercial Applications
• Transportation
Shale Gas by Geography:
• North America
• Europe
• MEA
• Asia Pacific
• Latin America
GLOSSARY:
Shale gas: Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world.
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