openPR Logo
Press release

Oil Shale Market Market 2018 Overview and Share Forecast to 2025 | American Resource Petroleum Corp., Chevron Shale Oil Company, Exxon Mobil Corp, American Shale Oil Corp.

04-01-2020 10:05 AM CET | Energy & Environment

Press release from: Allied Analytics LLP

Oil Shale

Oil Shale

The factors aiding the growth of the global oil shale market include concerns about depleting crude oil reserves, surge in energy requirement globally, and benefits offered by oil shale such as reduction in energy dependence. However, high costs of equipment, mining, and processing technologies have resulted in increased cost of extracting oil from oil shale, which in turn is expected to hamper the growth of the industry. Conversely, developments in extraction techniques for obtaining kerogen from oil shale coupled with improvements in drilling techniques are expected to provide lucrative opportunities for the growth of the market in future.

Global oil shale market garnered $1.6 billion in 2017 and is estimated to reach $5.63 billion through 2025 in five current commercialized country markets across the globe, registering a CAGR of 16.7% from 2018 to 2025.

Electricity application segment to contribute highest revenue, cement segment to grow the fastest

The electricity segment captured two-thirds of the total market share in 2017. It is expected to remain dominant through the study period, as majority of the oil shale is used to produce electricity in countries where resources such as coal and gas are unavailable. On the other hand, the cement segment would grow at the fastest CAGR of 17.6% during the forecast period, due to large-scale production of spent shale during extraction process, which is used as a raw material in cement production. The report analyzes additional applications, namely, fuel and others.

Download Sample PDF@ https://www.alliedmarketresearch.com/request-sample/3636

Oil - most lucrative product segment
The oil segment accounted for more than two-thirds of the total market share in 2017. It is expected to grow at the fastest CAGR of 16.9% from 2018 to 2025 on account of the large oil reserves present in oil shale. Moreover, the report analyzes several products such as gas, coke, and others.
Ex situ process segment to be largest revenue contributor, in situ to exhibit fastest growth
The ex situ segment accounted for nearly three-fourths of the total market share in 2017. This segment would maintain its lead throughout 2025, as the oil shale industry uses surface mining to excavate oil shale. However, the in-situ segment would grow at the fastest CAGR of 18.8% from 2018 to 2025 due to advancements in drilling technologies coupled with less pollution of ground water.

For Purchase Enquiry@ https://www.alliedmarketresearch.com/purchase-enquiry/3636

Commercialized and non-commercialized oil shale producing regions

U.S. is projected to grow at the highest CAGR of 27.1% from 2018 to 2025, due to presence of abundant oil shale reserves in this region. On the other hand, Estonia contributed more than two-thirds of the total market share in 2017, and would maintain its dominance through the forecast period, as it has huge oil shale reserves that can be easily extracted for use in electricity production. The other commercialized regions discussed in the study include Russia, China, and Brazil.

Apart from the commercialized markets, the report present a comprehensive analysis of the countries, such as Australia, Canada, Italy, Morocco, and others that includes Republic of Congo and Jordan, where presence of oil shale reserves has been identified.

Key Findings f the Oil Shale Market:

o The oil segment accounted for a share of nearly three-fourths in the global oil shale market in 2017 in terms of value.
o The cement segment is anticipated to grow with the highest CAGR throughout the forecast period.
o Estonia accounted for more than three-fourth of the global oil shale market in 2017 in terms of value.
o The U.S. region is anticipated to grow at the highest rate in the global oil shale market during the forecast period, followed by China.
o The electricity segment accounted for a share of nearly three-fourthsin the global oil shale market in 2017 in terms of value.

Leading industry players:

The key market players operating in the global oil shale industry include American Resource Petroleum Corp., Chevron Shale Oil Company, Exxon Mobil Corp, American Shale Oil Corp. (AMSO), AFSK HOM TOV, and others. They have adopted various strategies such as business expansion, agreement, acquisitions, and joint venture to increase their market shares and expand their footprint.

Explore Full Report @ https://www.alliedmarketresearch.com/oil-shale-market

Contact us:
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: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

About us:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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 Oil Shale Market Market 2018 Overview and Share Forecast to 2025 | American Resource Petroleum Corp., Chevron Shale Oil Company, Exxon Mobil Corp, American Shale Oil Corp. here

News-ID: 1994202 • Views:

More Releases from Allied Analytics LLP

Speech Recognition Market Strategic Insights, Current Trends and Future Prospects by 2032
Speech Recognition Market Strategic Insights, Current Trends and Future Prospect …
According to a recent report published by Allied Market Research, titled, Speech Recognition Market Size, Share, Competitive Landscape and Trend Analysis Report by Deployment Mode (On Cloud and On Premise) and End Use (Consumer Electronics, Healthcare, Enterprise, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 The global speech recognition market is projected to reach $29.28 billion by 2026, registering a CAGR of 19.9% from 2019 to 2026. North America is
Wi-Fi Range Extender Market Rising Trends, Growing Demand and Business Opportunities 2021-2030
Wi-Fi Range Extender Market Rising Trends, Growing Demand and Business Opportuni …
According to a recent report published by Allied Market Research, titled, Wi-Fi Range Extender Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Wi-Fi Extender, and Repeater) and Application (Residential and Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2030 The global Wi-Fi range extender Industry size was valued at $1250.2 million in 2020, and is projected to reach $3357.8 million by 2030, registering a CAGR of 10.8%. North
Power Transformer Market Trends & Insights | Asia Pacific Huge Growth by China, Australia, Singapore, Japan, South Korea, Hong Kong, Taiwan
Power Transformer Market Trends & Insights | Asia Pacific Huge Growth by China, …
According to a new report published by Allied Market Research, The power transformer market was valued at $27.7 billion in 2019, and is expected to reach $50.8 billion by 2027, registering a CAGR of 7.9% from 2020 to 2027. Power transformer play a critical role in electricity transmission and distribution systems, facilitating the efficient and reliable transfer of electrical energy over long distances while maintaining voltage stability and safety. Click Here to
Small Wind Power Market: Emerging Trends & Insights | APAC Robust Growth by Japan, South Korea, Taiwan, Singapore, China, Hong Kong, Australia
Small Wind Power Market: Emerging Trends & Insights | APAC Robust Growth by Japa …
According to a new report published by Allied Market Research, The small wind power market size was valued at $7.4 billion in 2020, and global market forecast projected to reach $17.1 billion by 2030, with global small wind forecast expected at a CAGR of 8.8% from 2021 to 2030. Small wind power offers a decentralized approach to electricity generation, empowering individuals and communities to harness the power of wind energy on

All 5 Releases


More Releases for Oil

Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally. Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and