Oil Shale Market to Set Phenomenal Growth from 2021 to 2027
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.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/3636
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 oil shale 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.
Get detailed COVID-19 impact analysis on the Market: https://www.alliedmarketresearch.com/request-for-customization/3636?reqfor=covid
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 oil shale 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.
The key market players operating in the global oil shale market 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.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3636
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.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
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 to Set Phenomenal Growth from 2021 to 2027 here
News-ID: 2261819 • Views: 150
More Releases from Allied Market Research
Sensor Market Trends and In-Depth Analysis (2021-2028): Latest Market Updates an …
Allied Market Research published a new report, titled, "Sensor Market By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), Technology (CMOS, MEMS, NEMS, and Others), and End User (Electronics, IT & Telecom, Industrial, Automotive, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast,
Cyber Insurance Market Trends and Analysis (2021-2028): Top Impacting Factors an …
Allied Market Research published a new report, titled, "Cyber Insurance Market By Company Size (Large Companies and Small & Medium-sized Companies) and Industry Vertical (BFSI, IT & Telecom, Retail & E-commerce, Healthcare, Manufacturing, Government & Public Sector, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global cyber insurance market covering a number of important aspects such as current market scenario, estimates, top
Prepaid Card Market Size and Growth Opportunities (2021-2028): Latest Market Upd …
Allied Market Research published a new report, titled, "Prepaid Card Market By Card Type (Open Loop Prepaid Card and Closed Loop Prepaid Card), Usage (General-purpose Reloadable Card, Gift Card, Government Benefit/Disbursement Card, Payroll Card, and Others), and End User (Retail, Corporate Institutions, Government, and Financial Institutions): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global prepaid card market covering a number of important aspects
Extended Warranty Market Growth and In-Depth Analysis (2021-2028): Top Impacting …
Allied Market Research published a new report, titled, "Extended Warranty Market By Coverage (Standard Protection Plan and Accidental Protection Plan), Application (Automobiles, Consumer Electronics, Home Appliances, Mobile Devices & PCs, and Others), Distribution Channel (Manufacturers, Retailers, and Others), and End User (Business and Individuals): Global Opportunity Analysis and Industry Forecast, 2020-2027". The report provides a detailed study of the global extended warranty market covering a number of important aspects such as
More Releases for Oil
Smilz CBD Oil Reviews -
Smilz CBD Oil is designed by using generally skilled arrangement specialists of their labs. It is endeavored clinically and offers a wide level of obliging affects. Wealthy in hemp and flavors it is thinking about the entirety, ordinary. It is feasibly usable and slight. The Smilz CBD Oil is wealthy in CBD. It enables our body as the way in the direction of making starts offevolved. It offers with the
Base Oil Market
Base Oil Market Size Worth $ 48,347.04 Million By 2026 | CAGR: 1.2% The global Base Oil market size is expected to reach USD 48,347.04 million by 2026 according to a new study by WhipSmart MI Research. The report “Base Oil Market by Type (Group I, Group II, Group III, Group IV and Group V), by Application (Automotive Oil, Industrial Oil, Metalworking Fluid, Greases, Hydraulic Oil and Others) and By Regions,
Oil Refining Pumps Market |
The global demand for oil refining pumps is expected to surpass 3 million tons by 2018 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The oil supply has sharply increased from Russia, Middle East, and the US, compensating for fall in oil production in Iran and Venezuela. The demand for
Oil Sands - Thematic Research
Oil Sands - Thematic Research Summary Oil sands, an unconventional hydrocarbon resource, holds vast growth potential for crude oil production amid declining output from maturing conventional fields and slowing pace of new discoveries. The oil sands deposits in Alberta, which are among the world's largest hydrocarbon reserves, are playing an influential role in driving the oil and gas industry in Canada. Despite facing severe backlash from environmentalists around the world, there has
Gingelly oil Market
https://www.qandqmarketresearch.com/reports/7431261/gingelly-oil-market-48 The global Gingelly oil market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 20192025. This report focuses on Gingelly oil volume and value at global level, regional level and company level. From a global perspective, this report represents overall Gingelly oil market size by analyzing historical data and future prospect. Regionally, this report focuses on
Cottonseed Oil Market
Global cottonseed oil market is expected to grow at a steady rate as the product is used in processing of many food & beverage products. It has neutral flavour and is said to enhance the natural taste of food products in which they are used. Thus, they are used extensively for frying and baking purposes. Margarines, whipped toppings, icings, salads, potato chips & french fries, cereals, baked goods, stir-fried and