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998014

Global Shale Gas Processing Equipment Market - 2020-2027

Published: | DataM Intelligence | 180 Pages | Delivery time: 2 business days

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Global Shale Gas Processing Equipment Market - 2020-2027
Published: March 31, 2021
DataM Intelligence
Content info: 180 Pages
Delivery time: 2 business days
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  • Description
  • Table of Contents
Description

Market Overview

Shale gas is also known as natural gas trapped inside shale formations that are fine-grained sedimentary rocks rich sources of natural gas and petroleum. Moreover, shale gas is trapped within the pores of this sedimentary rock, usually stored in three ways in gas shales, including free gas: the gas is within the rock pores and natural fractures; adsorbed gas: the gas is adsorbed on organic materials and clay; dissolved gas: the gas is dissolved inorganic materials.

Furthermore, horizontal drilling and hydraulic fracturing have provided access to large volumes of shale gas before being uneconomical to produce. The composition of natural gas from shale formations has restored the natural gas industry. Moreover, the shale gas supply chain includes a collection network, wells, NGL extraction & fractionation facilities, pre-treatment, gas & liquid transporting pipelines and storage facilities. In addition, shale gas has grown due to increasing investments as an unconventional primary resource to renovate the global energy market. Also, factors linked to supply security and the recent developments in horizontal drilling and hydraulic fracturing or fracking technologies have boosted natural gas production from tight shale formations.

The global Shale Gas Processing Equipment market is estimated to reach USD XX billion by 2027 from the recorded market size of worth USD XX billion in 2019, growing at a CAGR of XX% during the forecast period.

Market Dynamics

The growing demand for shale gas reserves and production at a commercial scale is expected to increase the market's size during the forecast period. According to industry analysis, it is expected that global shale gas production accounts for 70% by 2040. Moreover, several countries have already begun to attract investment in their domestic shale gas resources and offering financial incentives, including subsidies and reduction in royalty rates. In addition, the OFS companies are looking to export techniques used successfully in North America to the international market.

However, strict environmental regulations regarding hydraulic fracturing issued by governments and agencies to safeguard public interests are expected to hinder the market growth during the forecast period. In addition, the less water availability for the hydraulic fracturing process in some regions might hamper the shale gas processing equipment market's growth. According to WHO, approximately 4.3 million deaths occur due to ambient air pollution and are expected to increase during the forecast period.

The number of shale gas wells is increased in the U.S., the volume of shale gas wastewater requires disposal. Wastewater during the extraction of shale gas can contain high salt content levels, also called total dissolved solids (TDS). The wastewater can also have various inorganic chemicals, organic chemicals, metals, and naturally occurring radioactive materials (the technologically enhanced naturally occurring TENORM and radioactive material).

The government regulation includes:

  • How existing federal strategies to produced water management under the CWA can interact more efficiently with state regulations, requirements or policy needs
  • Whether potential federal regulations may allow for broader discharge of treated produced water to surface waters is supported.

Segment Analysis

By technology, the market is segmented into horizontal drilling and hydraulic fracturing. By equipment type, the market is segmented into compressors & pumps, electrical machinery, heat exchangers, internal combustion engines, measuring & controlling devices and others.

Compressor Stations (CS) in the gas industry are sources of severe air pollutants associated with harming humans and the environment. CS is continual facilities required to transport gases from wells to significant pipelines. In addition, operations & equipment located at CS also emits toxins. In the last 18 years, CS abundance & sizes have dramatically increased in shale gas extraction areas across the US. Also, the numbers of CS have risen more than tenfold in the last decade in response to well completions & pipelines after the local fracking boost the sale gas processing equipment market growth during the forecast period.

Geographical Analysis

North America dominates the shale gas processing equipment market due to dramatic growth in the production of unconventional fossil fuels, notably shale gas & tight oil, due to technological innovations such as horizontal drilling and hydraulic fracturing. The U.S. is the leading global shale gas processing equipment market due to rapid shale exploration and production growth. The United States produced approximately 35 billion cubic feet per day of shale gas, making it the world's largest shale gas producer and is expected to reach 75 billion cubic feet per day by 2040. Shale gas/tight oil production in the United States is forecast to increase to nearly 33 trillion cubic feet by 2050, from the recorded value of 24 trillion cubic feet in 2020.

Growing exploration activities and strict Government policies to reduce petroleum consumption and increase natural gas consumption are expected to drive the APAC's shale gas processing equipment market. Developing regions like India and China are expected to create opportunities for the shale gas processing equipment market during the forecast period.

Europe is expected to exhibit growth in the shale gas processing equipment market during the forecast period, especially in Western Europe. However, strict government rules and regulations regarding environmental safety may slow down the growth of the region's shale gas processing equipment market during the forecast period.

Other regions have tried to suit and have grown their exploration & production activities. This trend is expected to drive the industry during the forecast period. In addition, superior properties such as low carbon emissions & higher calorific value when compared to conventional sources such as coal & petroleum are presumed to boost the market growth.

Competitive Landscape

The shale gas processing equipment market is a moderated fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Gas Processing Equipment, Schlumberger Ltd., Sivalls, Inc, Van Air Systems, Croft Production Systems Inc., Pall Corporation, Burckhardt Compression AG, ATB Riva Calzoni S.p.A., Danaher Corporation, PEMCO are the major player in the equipment market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the shale gas processing equipment market globally.

Gas Processing Equipment

GPE designs and manufactures various shell & tube heat exchangers for liquid and gas applications and solutions surpass other OEMs in performance, economy and maintenance. Moreover, the company has licensed simulation software (WINSIM) for process design and HTRI design software for thermal design. In addition, the mechanical calculation is performed by licensed pVELITE and handled various gases, liquid and mixed-phase applications for industries such as petrochemical, chemical, oil & gas, steel and fertilizer. The company manufactures seven heat exchangers as AES, BEW, AEW, BEW, BKM, BEM and AEM.

BEM: It is used for dirty gas, where frequent cleaning is required. Moreover, the company has made many of them for coke oven gas where tar and naphthalene are deposited in the tube. We have also executed the AEL NEN type.

AES: It is the most widely used heat exchanger for the process industry and used for low to medium pressure applications. In addition, it can be used for any gas or liquid, also suited for compressor application as coolers.

AEW: It is used mainly for compressor coolers but can be adapted for various gas and liquid applications.

BEW: It is used primarily for oil coolers and can also be used for gas and liquids.

Table of Contents

Table of Contents

1. Global Shale Gas Processing Equipment Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Shale Gas Processing Equipment Market- Market Definition and Overview

3. Global Shale Gas Processing Equipment Market- Executive Summary

  • 3.1. Market Snippet by Technology
  • 3.2. Market Snippet by Equipment Type
  • 3.3. Market Snippet by Region

4. Global Shale Gas Processing Equipment Market-Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Shale Gas Processing Equipment Market- Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis
  • 5.4. Pricing Analysis
  • 5.5. Trade Analysis

6. Global Shale Gas Processing Equipment Market- By Technology

  • 6.1. Introduction
    • 6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 6.1.2. Market Attractiveness Index, By Technology
  • 6.2. Horizontal Drilling*
    • 6.2.1. Introduction
    • 6.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 6.3. Hydraulic Fracturing

7. Global Shale Gas Processing Equipment Market- By Equipment Type

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type
    • 7.1.2. Market Attractiveness Index, By Equipment Type
  • 7.2. Heat Exchangers*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, USD Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 7.3. Compressors
  • 7.4. Pumps
  • 7.5. Electrical Machinery
  • 7.6. Internal Combustion Engines
  • 7.7. Measuring Devices
  • 7.8. Controlling Devices
  • 7.9. Others

8. Global Shale Gas Processing Equipment Market- By Region

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 8.1.2. Market Attractiveness Index, By Region
  • 8.2. North America
    • 8.2.1. Introduction
    • 8.2.2. Key Region-Specific Dynamics
    • 8.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 8.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type
    • 8.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.2.5.1. United States
      • 8.2.5.2. Canada
      • 8.2.5.3. Mexico
  • 8.3. Europe
    • 8.3.1. Introduction
    • 8.3.2. Key Region-Specific Dynamics
    • 8.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 8.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type
    • 8.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.3.5.1. Germany
      • 8.3.5.2. United Kingdom
      • 8.3.5.3. France
      • 8.3.5.4. Italy
      • 8.3.5.5. Spain
      • 8.3.5.6. Rest of Europe
  • 8.4. South America
    • 8.4.1. Introduction
    • 8.4.2. Key Region-Specific Dynamics
    • 8.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 8.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type
    • 8.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.4.5.1. Brazil
      • 8.4.5.2. Argentina
      • 8.4.5.3. Rest of South America
  • 8.5. Asia Pacific
    • 8.5.1. Introduction
    • 8.5.2. Key Region-Specific Dynamics
    • 8.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 8.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type
    • 8.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.5.5.1. China
      • 8.5.5.2. India
      • 8.5.5.3. Japan
      • 8.5.5.4. Australia
      • 8.5.5.5. Rest of Asia Pacific
  • 8.6. Middle East and Africa
    • 8.6.1. Introduction
    • 8.6.2. Key Region-Specific Dynamics
    • 8.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
    • 8.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Equipment Type

9. Global Shale Gas Processing Equipment Market Competitive Landscape

  • 9.1. Competitive Scenario
  • 9.2. Market Positioning/Share Analysis
  • 9.3. Mergers and Acquisitions Analysis

10. Global Shale Gas Processing Equipment Market Company Profiles

  • 10.1. Gas Processing Equipment*
    • 10.1.1. Company Overview
    • 10.1.2. Product Portfolio and Description
    • 10.1.3. Key Highlights
    • 10.1.4. Financial Overview
  • 10.2. Schlumberger Ltd.
  • 10.3. Sivalls Inc.
  • 10.4. Van Air Systems
  • 10.5. Croft Production Systems Inc.
  • 10.6. Pall Corporation
  • 10.7. Burckhardt Compression AG
  • 10.8. ATB Riva Calzoni S.p.A.
  • 10.9. Danaher Corporation
  • 10.10. PEMCO

11. Global Shale Gas Processing Equipment Market- DataM

  • 11.1. Appendix
  • 11.2. About Us and Services
  • 11.3. Contact Us