Oil And Gas

Global Shale Gas Market Outlook, Opportunities And Strategies

November 19, 2021 by The Business Research Company

Learn about the global shale gas market through The Business Research Company, which provides information on shale gas market size, shale gas market drivers and restraints, shale gas market players, the COVID-19 impact on the shale gas market, and more.

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%.

The rapid pace of advancements in shale gas exploration and drilling technologies are expected to drive innovation in shale gas manufacturing, thus driving the market during the forecast period.

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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.

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.

Modular production systems in the gas industry 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.

TBRC’s shale gas market report covers:

Major Market Players: 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)

The Shale Gas Global Market Report 2021: COVID-19 Growth and Change to 2030 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, leading competitor revenues, profiles and market shares.

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

Here is a list of similar reports from The Business Research Company:

Natural Gas Global Market Report 2020

Crude Oil Global Market Report 2020

Activated Carbon Global Market Report 2021

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