The Global Shale Gas Market Report by The Business Research Company covers shale gas market’s drivers and restraints, shale gas market size, major players, and the impact of COVID-19 on the shale gas market.

The shale gas market consists of sales of shale gas by entities (organizations, sole traders and partnerships) that carry out the exploration, development and production of shale gas by using pumping technologies and systems. Shale gas is trapped within shale formations.

The rapid pace of advancements in shale gas exploration and drilling technologies is boosting production volumes and reducing production costs and thereby contributing to the growth of the market.

The global shale gas market is expected to grow from $55.58 billion in 2020 to $61.51 billion in 2021 at a compound annual growth rate (CAGR) of 10.67%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global shale gas market is expected to reach $99.99 billion in 2025 at a CAGR of 12.92%.

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Some shale gas market trends include modular production systems in the gas industry. These are becoming popular as they are cost-effective, can extract gas within a short period, and are more profitable than conventional methods. A modular system is an integrated field facility with prefabricated equipment, piping, instrumentation and others installed between the well and the pipeline for gas processing applications. This system helps in shortening the project timeline, providing cost-effective fabrication, better quality and improved safety. For instance, PROPAK, a Canada-based company that specializes in gas production packages using modularized processing plants. SIIRTEC NIGI, an Italy-based engineering and contracting company, utilizes the design and supply of skid-mounted and modular packages for gas processing, Sulphur recovery and others. Honeywell UOP, a company creating modular systems for shale gas retrieval states that modular systems can be ready for the start up in around 10 months whereas conventional stick-built, permanent wells, require 21 months to be start up-ready.

Global shale gas market segments include:

By Technology: Exploration & Drilling, Fracturing Fluid

By Application: Power Generation, Industrial, Residential, Commercial, Transportation

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Shale Gas Global Market Report 2020-30: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides shale gas market overviews, analyzes and forecasts market size, share, shale gas market players, shale gas market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The shale gas identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Shale Gas Global Market Report 2020-30: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Royal Dutch Shell PLC, Exxon Mobil Corporation, PetroChina Company Limited, ConocoPhillips, Chevron Corporation, Antero Resources, Anadarko Petroleum Corporation, Baker Hughes Incorporation, Statoil, Equinor ASA, Repsol SA, SINOPEC/Shs, Range Resources, Pioneer Natural Resources, Reliance Industries Limited, SM Energy, EQT Corporation, and Cabot Oil & Gas.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Shale Gas Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Shale Gas Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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