Shale Gas Market

Shale Gas Market Size, Share, Growth Analysis, By Application(Industrial, Power Generation), By Regional(North America) - Industry Forecast 2024-2031


Report ID: UCMIG10D2019 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Shale Gas Market Insights

Market Overview:

The global shale gas market experienced a significant valuation of USD 68.3 billion in 2019, marking its initial prominence in the energy industry. It is anticipated to maintain a steady growth trajectory, with a projected compound annual growth rate (CAGR) of 8.5% from 2020 to 2027. This remarkable expansion can be attributed to several factors, including the increasing demand for cleaner energy sources, advancements in drilling and extraction technologies, and the potential for energy independence in many regions. As governments and industries continue to explore and invest in shale gas resources, the market's upward trend is expected to persist, transforming the global energy landscape.

Shale Gas Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Oil & Gas Exploration & Production by segment aggregation, the contribution of the Oil & Gas Exploration & Production in Energy Fuel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Shale Gas was estimated to be valued at US$ XX Mn in 2021.

The global Shale Gas Market is estimated to grow at a CAGR of XX% by 2028.

The global Shale Gas Market is segmented on the basis of Application, Regional.

Based on region, the global Shale Gas Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Shale Gas Market are Royal Dutch Shell PLC, ConocoPhillips, PetroChina Company Limited, Exxon Mobil Corporation, Chevron Corporation, Chesapeake Energy Corporation.

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Shale Gas Market

Product ID: UCMIG10D2019

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