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Oil Shale Market 2023 - Size, Share, Segments, Growth, And Forecast | AuraSource Inc., BP Plc., Chevron Corporation, ExxonMobil Corporation
Oil Shale Market
Oil Shale Market Size, Growth Rate, And Forecast
The global oil shale market size is expected to grow from $2.58 billion in 2022 to $2.92 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The global oil shale market size is expected to grow to $4.68 billion in 2027 at a CAGR of 12.5%.
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Oil Shale Market Drivers
A surge in the crude oil price is expected to propel the growth of the oil shale market going forward. The crude oil price is the spot price for a barrel of benchmark crude oil. The crude oil price is increasing due to economic growth, supply limitation, and the COVID-19 pandemic. Shale oil is utilized as a replacement for conventional crude oil because, unlike the crude oil extraction technique, shale oil extraction (fracking) allows one drilling well to collect more potential energy without having to dig additional wells.
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Oil Shale Market Segments
• By Product: Shale Gasoline, Shale Diesel, Kerosene, Other Products
• By Technology: In-Situ Technology, Ex-Situ Technology
• By Application: Fuel, Electricity, Cement and Chemicals, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the oil shale market.
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Oil Shale Market Key Players
Major competitors in the oil shale market include AuraSource Inc., BP Plc., Chevron Corporation, ExxonMobil Corporation, Independent Energy Partners Inc., Queensland Energy Resources Limited, Shell Plc., American Shale Oil LLC, Japan Petroleum Exploration Co. Ltd., Occidental Petroleum Corporation, Chesapeake Energy Corporation, Marathon Oil Corporation, American Resources Corporation, EQT Corporation, Japan Oil, Gas and Metals National Corporation, and Blue Ensign Technologies Limited.
The Business Research Company's "Global Oil Shale Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Oil Shale Market Include:
1. Executive Summary
2. Oil Shale Market Characteristics
3. Oil Shale Market Trends And Strategies
4. Oil Shale Market - Macro Economic Scenario
5. Oil Shale Market Size And Growth
……
26. Africa Oil Shale Market
27. Oil Shale Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oil Shale Market
29. Oil Shale Market Future Outlook And Potential Analysis
30. Appendix
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