Shale Gas Market Unveiling the Industry Outlook Market Size, Trends, Share, and Growth Projections 2031

Shale gas, an emerging concept currently prevalent in limited regions (notably the U.S. and Canada) and industries, holds the potential to significantly impact the global energy industry. Its increasing popularity in various sectors has led to a growing awareness of its benefits as an energy resource. Abundant shale reserves worldwide and the competitive price of shale gas are driving factors for the growth of the shale gas market. Presently, shale gas has been commercialized mainly in developed regions like North America, where individual countries produce the gas. Advanced technologies, such as hydraulic fracturing and horizontal drilling, play a crucial role in shale gas extraction, particularly in the United States, reducing the country's dependence on other natural gas resources.

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Leading players in the industry are adopting strategies like acquisitions, joint ventures, partnerships, and collaborations to expand their global presence, improve services, and tap into the global shale gas market. For instance, Baker Hughes acquired BJ Services to enhance their international pressure pumping business and broaden their portfolio with advanced technologies for unconventional gas exploration. Anadarko signed an agreement with FMC Technologies to develop cutting-edge subsea production equipment and systems.

The demand for shale gas is expected to increase in the future, driving companies to explore potential markets and capitalize on the abundance of shale reserves in various regions. Shale gas's cleaner burning properties compared to other fossil fuels, such as coal, make it attractive for adoption in multiple industries, positioning it as a game-changing resource for countries and industries alike. Emerging markets like China, Algeria, and Indonesia offer significant opportunities for shale gas production due to the ample reserves available.

The global shale gas market is projected to reach $104 billion in 2020, with a volume production of 19.6 tcf, growing at a CAGR of 9.3% from 2014 to 2020. The market is segmented based on extraction technologies, applications, and geography, with North America currently leading in shale gas production and revenue generation.

Key Benefits:

In-depth analysis of the global shale gas market with current and future trends to identify investment opportunities.
Evaluation of drivers and opportunities to understand the factors responsible for market growth.
Quantitative analysis of the current market and estimations from 2013 to 2020 to showcase the market's financial potential.
Porters Five Forces model and SWOT analysis illustrate the potency of buyers and suppliers in the market.
Value chain analysis provides an understanding of stakeholder roles in the value chain

KEY DELIVERABLES
The global shale gas market is categorized based on technology, applications and geography.

KEY MARKET SEGMENTS

MARKET BY TECHNOLOGY

Horizontal Drilling
Hydraulic Fracturing
Water Usage

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MAKRET BY APPLICATION

Power generation
Industrial
Commercial
Residential
Transportation

MARKET BY GEOGRAPHY

North America
U.S.
Canada
Europe
U.K.
Poland
Asia-Pacific
China
Indonesia
RoW
Algeria

Market report provides answers to the following key questions:

- What are the strengths and weaknesses of the key vendors?
- Who are the main key players and what are their future business plans?
- What will be the market size and growth rate in the upcoming year?
- What are the major factors driving the global market?
- What are the key market trends influencing global market growth?
- What are the factors trending and impacting market shares in different regions? What is the impact of Covid-19 on the industry?
- Who are the key market players and what are their strategies in the global market?
- What are the market opportunities and threats faced by vendors globally? What industry trends, drivers, and challenges are affecting their growth?
- What are the key findings from the five forces analysis of the global market?

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