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Oil Shale Market by Product Type (Oil, Gas, Coke, and Others), Process (Ex-situ and In-situ), and Application (Electricity, Fuel, Cement, and Others)

10-11-2018 04:51 PM CET | Energy & Environment

Press release from: Allied Market Research

Oil Shale Market

Oil Shale Market

According to a new report published by Allied Market Research, titled, Global Oil Shale Market by Product Type, Process, and Application: Global Opportunity Analysis and Industry Forecast, 20182025, the global oil shale market was valued at $1,609 million in 2017, and is projected to reach $5,636 million by 2025, growing at a CAGR of 16.7% from 2018 to 2025. The ex-situ segment accounted for more than three-fourths share of the global oil shale market in 2017.

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Oil shale is a sedimentary rock formation, which contains organic matter such as kerogen, bitumen, and others. This organic matter on exposure to heat produces liquid hydrocarbon products at different temperatures. The recovery of hydrocarbon is done from shale, and it requires advanced drilling technology such as hydrofracturing.

On the basis of product type, the market is segmented into oil, gas, coke, and others. Oil is the most lucrative product type segment in the oil shale market as there is large proportion of oil present in kerogen. Kerogen is the organic compound that is extracted from oil shale.

On the basis of process, the market is divided into in-situ and ex-situ. The in-situ method is projected to be the most lucrative segment, owing to its environment-friendly extraction of oil shale. During the extraction of oil shale, the ground water is contaminated by the chemical that is used in the extraction process. Recent development in the in-situ method is more effective against contamination as a frozen wall is made, which is used to protect the ground water from contamination.

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Based on application, the market is bifurcated into electricity, fuel, cement, and others. The cement segment is estimated to grow at the highest CAGR during the forecast period, owing to the large production of spent shale during kerogen extraction. This spent shale is used as an ingredient in the cement industry to produce cement.

The oil shale market is segmented based on product type, process, application, and country. Based on product type, the market is segmented into oil, gas, coke, and others. By process, it is bifurcated into in-situ and ex-situ. Based on application, the market is divided into electricity, fuel, cement, and others. The market is analyzed based on country into the U.S., Estonia, Russia, China, and Brazil. The oil shale resource analysis is done on various countries which include Canada, Democratic Republic of the Congo, Italy, Jordan, Australia, Morocco, U.S., Estonia, Russia, China, Brazil and other countries.

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In 2017, Estonia and China collectively accounted for more than fourth-fifth share of the global oil shale market, in terms of value. This is attributed to the growing inclination on unconventional oil & gas coupled with new development of extraction techniques, which drives the growth of the Estonia and China oil shale market. Moreover, upsurge in the number of oil shale projects in Estonia and China offers growth opportunities to the oil shale market.

The major players profiled in this study include American Resource Petroleum Corp., Chevron Shale Oil Company, Exxon Mobil Corp, American Shale Oil Corp. (AMSO), AFSK HOM TOV, and others. To increase the market share, these companies have been adopting different strategies such as business expansion, agreement, acquisition, and joint venture. In an instance, Exxon Mobil Corp acquired various reservoirs across the globe and increased the production & processing capacity of their fields.

Table of Content:

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.1.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter's Five Forces Analysis

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyer
3.3.3. Thereat of new entrants
3.3.4. Threat of substitute
3.3.5. Intensity of competitive rivalry

3.4. Top Player Positioning, 2017
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Growing demand for energy worldwide
3.5.1.2. Growing depletion of crude oil reserves

3.5.2. Restraint

3.5.2.1. High cost of equipment, mining, and processing technology

3.5.3. Opportunity

3.5.3.1. Development in drilling technology

Chapter: 4: GLOBAL OIL SHALE MARKET, BY PRODUCT TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Oil

4.2.1. Key Market Trends, Growth factors and opportunities
4.2.2. Market size and forecast

4.3. Gas

4.3.1. Key Market trends, growth factors and opportunities
4.3.2. Market size and forecast

4.4. Coke

4.4.1. Key Market trends, growth factors and opportunities
4.4.2. Market size and forecast

4.5. Others

4.5.1. Key Market trends, growth factors and opportunities
4.5.2. Market size and forecast

Chapter: 5: GLOBAL OIL SHALE MARKET, BY PROCESS

5.1. Overview

5.1.1. Market size and forecast

5.2. In-situ Technology

5.2.1. Key Market trends, growth factors and opportunities
5.2.2. Market size and forecast

5.3. Ex-situ technology

5.3.1. Key Market trends, growth factors and opportunities
5.3.2. Market size and forecast

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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