Oil Shale Market by Top Manufacturers - AFSK HOM TOV, American Resource Petroleum Corp., American Shale Oil Corp. (AMSO), Aurasource, Inc., Blue Ensign Technologies Ltd.
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The drivers acknowledged for the global oil shale market include an increase in depletion of sources of crude oil reserves and benefits of oil shale such as reduction in energy dependence and oil prices. However, the high cost of equipment, mining, and processing technology has increased the cost of retorting oil from oil shale, and this factor is expected to impede the market growth. On the contrary, development in drilling technology has increased the production of the oil shale fields, which will offer future growth opportunities to the market.
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 technology and ex-situ technology. 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 major key players in the oil shale market include AFSK HOM TOV, American Resource Petroleum Corp., American Shale Oil Corp. (AMSO), Aurasource, Inc., Blue Ensign Technologies Ltd., Chattanooga Corp., Chevron Shale Oil Company, Eesti Põlevkivi, Electro-Petroleum, Inc., and Exxon Mobil Corp. Other companies in the value chain (not included in the report) include Petrobras, Fushun Mining Group, and Mountain West Energy, LLC.
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KEY BENEFITS FOR STAKEHOLDERS
This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global oil shale market.
The market size and estimations are based on a comprehensive analysis of the end users, developments, and services in the industry.
An in-depth analysis based on region assists to understand the regional market and facilitate strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
Oil Shale Key Market Segments:
By Product Type: Oil, Gas, Coke, and Others
By Process: Ex-situ and In-situ
By Application: Electricity, Fuel, Cement, Others
By Country; U.S. Estonia. Russia. China. Brazil
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