Shale Gas Market worth $214 Billion by 2023 according to market forecasts

Shale Gas Market is expected to grow at a CAGR of 14.4% between 2015 and 2022. Shale gas is natural gas trapped within the shale formation, and is derived from underground shale deposits that are broken up by hydraulic fracturing. The increasing popularity of shale gas in various industries has advocated a growing awareness regarding the benefits of shale gas as an energy resource. Shale gas emits less carbon content compared to coal; therefore, it could be used as a cleaner energy option for many countries that are presently depending on coal and crude oil, as an energy source.

The significant number of shale reserves all over the globe and the competitive price of shale gas are key factors, which supplements the growth of the shale gas market. However, shale gas is currently being produced only in U.S.A., Canada, and China. The hydraulic fracturing method of shale gas extraction could create water scarcity; hence, the governments of some countries like Argentina and France have banned hydraulic fracturing process in some areas of the country. Again, shale gas production is not yet started in Europe, due to the unstructured regulatory framework of many European countries.

Shale Gas Market

In terms of end-users, the world shale gas market is segmented into industrial, power generation, residential, commercial and transportation. In 2015, power generation sector accounted for approximately one-third of the market share, both in terms of revenue and volume. This is mainly due to the abundancy and low carbon footprint of shale gas compared to coal-fired. Industrial sector would be the fastest growing segment at a CAGR of 13.3% during the forecast period. Due to its low price, shale gas is replacing conventional energy sources like coal, nuclear, hydro in many industries like chemical, fertilizer, hydrogel production and others.

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Geographically, the market has been segmented into North America, Europe, Asia-Pacific, and LAMEA. Currently, United States is the major producer of shale gas. Abundancy of technically recoverable shale reserves coupled with favorable government regulation for producers supplements the shale gas production in United States. Europe would be the fastest growing region, accounting for the highest CAGR of 59.5%, in terms of volume owing to availability of shale gas reserves in more than 14 European countries.

The key players included in the world shale gas market have adopted acquisition, joint ventures, partnerships and collaborations strategies to sustain the market competition. Some of the leading manufacturers profiled in this report include Baker Hughes Incorporation, Anadarko Petroleum Corporation, Antero Resources, Cabot Oil & Gas, Devon Energy, Encana Corporation, Reliance Industries Limited, SM Energy, Talisman Energy Inc., BHP Billiton Limited, Royal Dutch Shell, ConcoPhillips, ExxonMobil & Chesapeake Energy Corporation.

List of Figures

FIG. 1 TOP IMPACTING FACTORS, MODERATE GROWTH SCENARIO(2022 - 2027)
FIG. 2 TOP IMPACTING FACTORS, RAPID GROWTH SCENARIO (2022 - 2027)
FIG. 3 TOP IMPACTING FACTORS, DIMINISHING GROWTH SCENARIO (2022 - 2027)
FIG. 4 COMPANIES OWNING WELLS IN MAJOR BASINS OF UNITED STATES
FIG. 5 WELL INTERVENTION MARKET DEMAND($ BILLION)
FIG. 6 SHALE RESERVES IN MAJOR COUNTRIES IN NORTH AMERICA (TCF) (2013)
TABLE 7 WORLD SHALE GAS MARKET VALUE BY APPLICATIONS, 2014-2022 ($MILLION)
FIG. 8 GLOBAL CBM RESERVES IN VOLUME (TCF, 2008)
FIG. 9 CHINA CBM BASINS BY PERCENTAGE (2010)
FIG. 10 GLOBAL SHARE OF GAS IN PERCENTAGE BY TYPE (2012)
FIG. 11 GLOBAL RECOVERABLE RESOURCES BY TYPE AND REGION (2012)
FIG. 12 TOP FACTORS IMPACTING THE WORLD SHALE GAS MARKET
FIG. 13 TOP INVESTMENT POCKETS IN SHALE GAS APPLICATIONS MARKET
FIG. 14 TOP WINNING STRATEGIES
TABLE 15 ASIA-PACIFIC SHALE GAS MARKET VOLUME BY APPLICATION, 2014-2022 (BCF)
TABLE 16 ASIA-PACIFIC SHALE GAS MARKET VALUE BY APPLICATION, 2014-2022 (BCF)
FIG. 17 VALU CHAIN ANALYSIS
FIG. 18 US NATURAL GAS PRODUCTION (MILLION TONS OF OIL EQUIVALENT)
FIG. 19 SHALE GAS RESERVES AROUND WORLD (2013)
FIG. 20 CHANGING DYNAMICS OF US FROM 2000 TO 2020
FIG. 21 SHALE GAS RESERVES ALL OVER WORLD IN TRILLION CUBIC FEET (TCF)
FIG. 22 GAS PRODUCTION BY WELL TYPE, US
FIG. 23 WATER USAGE IN GALLONS ACROSS FOUR U.S SHALES BY
FIG. 24 ELECTRICITY GENERATION THROUGH NATURAL GAS AND COAL
FIG. 25 PERCENTAGES OF VARIOUS APPLICATION IN US
FIG. 26 COMPARISION BETWEEN THE USEAGE OF NATURAL GAS IN RESIDENTIAL AND COMMERCIAL USAGE
FIG. 27 SHALE GAS PRODUCTION IN MAJOR SHALES OF US
FIG. 28 COMPANY WISE WELLS IN PENNSYLVANIA (2012)
FIG. 29 SHALE GAS POTENTIAL IN INDONESIA,(TCF,2013)
FIG. 30 POTENTIAL SHALE GAS RESERVES IN LATIN AMERICA, (TCF,2013)
FIG. 31 RANKING AND RECOVERABLE SHALE GAS RESERVES (TCF,2013)
FIG. 32 SHALE GAS BASINS, ALGERIA (2014)
FIG. 33 REVENUE GENERATED BY BAKER HUGHES (2009-2013)
FIG. 34 BAKER HUGHES REVENUE BY GEOGRAPGHY, 2013
FIG. 35 SWOT ANALYSIS OF BAKER HUGHES
FIG. 36 REVENUE GENERATED BY ANADARKO PETROLEUM CORPORATION (2008-2013)
FIG. 37 KEY FINANCIALS OF ANADARKO PETROLEUM CORPORATION BY SEGMENTS
FIG. 38 SWOT ANALYSIS OF ANADARKO PETROLEUM CORPORATION
FIG. 39 REVENUE GENERATED BY BHP BILLITON LIMITED (2009-2013)
FIG. 40 SWOT ANALYSIS OF BHP BILLITON LIMITED
FIG. 41 REVENUE GENERATED BY DEVON ENERGY (2009-2013)
FIG. 42 SWOT ANALYSIS OF DEVON ENERGY
FIG. 43 NATURAL GAS RESERVES OF ENCANA CORPORATION BY COUNTRY,2013
FIG. 44 OIL AND NATURAL GAS LIQUID RESERVES OF ENCANA CORPORATION BY COUNTRY,2013
FIG. 45 SWOT ANALYSIS OF ENCANA CORPORATION
FIG. 46 SWOT ANALYSIS OF CONOCOPHILLIPS CO.
FIG. 47 SWOT ANALYSIS OF ROYAL DUTCH SHELL PLC.
FIG. 48 SWOT ANALYSIS OF EXXONMOBIL
FIG. 49 SWOT ANALYSIS OF CHESAPEAKE ENERGY CORPORATION
FIG. 50 REVENUE ANALYSIS OF BP PLC
FIG. 51 SWOT ANALYSIS OF BP PLC.

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Posted by on Friday November 09 2018, 2:43 PM EDT. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

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