Press release
Putting A New Spin On Things: How the Shale Gas Processing Equipment is Contributing to the Power Industry
Shale gas processing equipment are used to process shale gas before transportation. Gas is transported through pipelines within the state as well as across states. To prepare shale gas for use, some of the components such as N2, H2S, heavy hydrocarbons, CO2 and water need to be removed by gas processing to meet safety, pipeline, environmental and quality specifications.
The technique used to remove contaminates depends upon certain properties of gas stream such as pressure, temperature, composition and flow rate.
Acid gas is mainly removed by absorption of CO2 and H2S into aqueous amine solution.
Natural gas having high content of water in reservoir is removed by dehydration using glycol to increase the heating value of gas and prevent pipeline corrosion. Water content can also be removed by passing the gas through molecular sieves, which bring down the level of water in natural gas to very low percentage for cryogenic separation.
Distillation is used for separation of nitrogen and other hydrocarbons from natural gas.
Hydraulic fracturing along with horizontal drilling have magnified the capability of producers to economically recover methane rich gas and crude oil from low-permeability geologic shale plays.
Shale Gas Processing Equipment Market: Market Dynamics
The continuous increase in shale gas demand is expected to accelerate the need for investments and exploration activities. This has propelled the need for shale gas processing equipment and shale gas processing infrastructure.
Accelerated demand for energy has led many companies to increase their exploration activities of unconventional fuel reserves to meet the high energy demand.
Properties such as higher calorific value and lower carbon emissions when compared to other conventional energy sources such as petroleum & coal are projected to further drive the market.
Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/14325
Stringent environmental policies and regulations for hydraulic fracturing implemented by Governments to protect public interests coupled with fluctuating natural gas prices are expected to hamper the shale gas processing equipment market. Hydraulic fracturing process consumes large amount of water for the production of shale gas, due to shortage and contamination of groundwater across the globe. This in turn is expected to retard the shale gas processing equipment market growth.
Shale Gas Processing Equipment Market: Market Segmentation
The shale gas processing equipment market can be segmented on the basis of component type as;
-Electrical machinery
-Internal combustion engines
-Compressors & pumps
-Measuring & controlling devices
-Heat exchangers.
Shale Gas Processing Equipment Market: Regional Outlook
North America is slated to be one of the biggest market holders in the shale gas processing equipment market. The U.S. dominates the market in North America, as it is the hub of shale gas processing equipment due to the abundant shale reserves exploration. Advancement in technology and cost effective drilling techniques coupled with favourable Government regulations are slated to drive the shale gas processing equipment market in North America.
Due to the Governmental policies in China, it is expected that the country will emerge as a leader in shale gas exploration activities, which as a result will fuel the shale gas processing equipment market, surpassing North America during the forecast period.
Increasing exploration activities and strict Government policies to reduce petroleum consumption and increase the consumption of natural gas are expected to drive the shale gas processing equipment market in Asia Pacific region. Developing regions such as India, China, Brazil and South Africa are expected to create opportunities for the shale gas processing equipment market during the forecast period, but the less water availability for hydraulic fracturing process in some regions might hamper the growth of shale gas processing equipment market.
Europe is expected to exhibit growth in shale gas processing equipment market during the forecast period, especially in Western Europe, but due to strict Government rules and regulations regarding environment safety may slowdown the growth of shale gas processing equipment market in the region.
Shale Gas Processing Equipment Market: Market Participants
Examples of some of the market participants in the shale gas processing equipment market are Camaron, Honeywell UOP, GasTech Engineering LLC, Linde Engineering, Pall Corporation, Newpoint Gas LP, Exterran Corporation and Van Air Inc., among others.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/14325
The report provides the following information:
-Tailwinds and headwinds molding the market’s trajectory
-Market segments based on products, technology, and applications
-Prospects of each segment
-Overall current and possible future size of the market
-Growth pace of the market
-Competitive landscape and key players’ strategies
The main aim of the report is to:
-Enable key stakeholder’s in the market bet right on it
-Understand the opportunities and pitfalls awaiting them
-Assess the overall growth scope in the near term
-Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Putting A New Spin On Things: How the Shale Gas Processing Equipment is Contributing to the Power Industry here
News-ID: 1724859 • Views: …
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
