Worldwide Oil Shale Market Expected to reach $6,992.43 million by 2026 | Anadarko, Occidental Petroleum, ExxonMobil, Marathon Oil, EOG Resources, SM Energy, Cabot Oil & Gas, Chevron Corporation

Global oil shale accounted for $1,609.32 million in 2017 and is expected to reach $6,992.43 million by 2026 growing at a CAGR of 17.7% during the forecast period. Increasing depletion of crude oil reserves, benefits of oil shale and rising energy demand are some key factors influencing the market growth. However, factors such as high cost equipment & production and environmental issues are hampering the market growth.

Oil shale refers to crude oil trapped in sedimentary rock. It releases hydrocarbons when heated and used as an alternative for petroleum or natural gas. Rock-like at room temperature, oil shale produces vapors and gases when heated, which in turn are condensed and turned into oil. Oil shale can be extracted via surface, underground, or "in-situ" mining, in which kerogen is heated underground and pumped to the surface.

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Based on Technology, In-situ segment held significant market share during the forecast period attributed to development in drilling technologies coupled with groundwater pollution. By geography, North America is expected to grow at a faster rate due to the presence of abundant oil shale reserves in this country.

Some of the key players in oil shale market include Anadarko, Occidental Petroleum, ExxonMobil, Marathon Oil, EOG Resources, SM Energy, Cabot Oil & Gas, Chevron Corporation, Pioneer Natural Resources, ConocoPhillips, Independent Energy Partners (IEP), Israel Chemicals Ltd, Royal Dutch Shell, Harbin Coal Chemical Company and Oil India Limited (OIL).

Processes Covered:
- Oil Shale Retortion
- Shale Oil Exploration
- Shale Oil Refining
- Ore Preparation
- Specialty Services

Products Covered:
- Shale Gasoline
- Heavy Oil
- Coke
- Kerosene
- Shale Diesel
- Derivatives
- Other Products

Technologies Covered:
- Ex-Situ Technology
- In-Situ Technology

Applications Covered:
- Cement
- Electricity
- Fuel
- Chemical
- Other Applications

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Table of Contents

1 Executive Summary
2 Preface
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
5 Global Oil Shale Market, By Process
6 Global Oil Shale Market, By Product
7 Global Oil Shale Market, By Type
8 Global Oil Shale Market, By Technology
9 Global Oil Shale Market, By Application
10 Global Oil Shale Market, By Geography
11 Key Developments
12 Company Profiling

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This release was published on openPR.