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PUBLISHER: IMARC | PRODUCT CODE: 1390560
PUBLISHER: IMARC | PRODUCT CODE: 1390560
Oil Shale Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 147 Pages
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Abstract
The global oil shale market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.87% during 2022-2028.
Oil shale is a sedimentary rock containing large amounts of fossil organic matter, known as kerogen. It is used to obtain liquid shale oil, which is further employed in the production of fuel oil, including gasoline, diesel, natural gas, and liquid petroleum gas (LPG), and other hydrocarbons using advanced processing methods. Its by-products can also be utilized to produce commercial products, such as ammonia, sulfur, alumina, soda ash, and nahcolite. At present, spent oil shale finds extensive application in cement production around the world.
Oil Shale Market Trends:
Inflating crude oil prices and the cost benefits of using oil shale over conventional energy resources act as major factors shifting consumer preferences towards oil shale. The market is also influenced by boosting sales of vehicles on account of increasing income levels and rapid urbanization. Moreover, the growing electricity consumption and the construction of new power plants are catalyzing the demand for shale oil worldwide, which, in turn, is strengthening the market growth. Shale oil can be fired in a furnace as a boiler fuel to produce steam for power generation. Furthermore, a significant increase in construction activities across the globe is escalating the demand for cement and other products, which, in turn, is driving the market. Apart from this, advancements in drilling techniques and the advent of innovative technologies of mining and retorting are assisting in reducing the overall operating costs. This, in confluence with the development of new in situ methods for shale oil extraction and the rising use of geospatial infrastructure for managing large volumes of oil shale data, is anticipated to impel the growth of the overall market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global oil shale market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, process, technology and application.
Breakup by Product:
Shale Gasoline
Shale Diesel
Kerosene
Heavy Oil
Breakup by Process:
Oil Shale Exploration
Ore Preparation
Oil Shale Retortion
Shale Oil Refining
Others
Breakup by Technology:
In-situ
Ex-situ
Breakup by Application:
Electricity
Fuel
Cement and Chemicals
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Resources Inc., AuraSource Inc., BP p.l.c., Chevron Corporation, Eesti Energia AS, Exxon Mobil Corporation, Independent Energy Partners Inc., Japan Oil, Gas and Metals National Corporation, Queensland Energy Resources and Royal Dutch Shell plc.
Key Questions Answered in This Report:
- How has the global oil shale market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global oil shale market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global oil shale market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4342
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Oil Shale Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Shale Gasoline
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Shale Diesel
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Kerosene
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Heavy Oil
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Process
- 7.1 Oil Shale Exploration
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Ore Preparation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Oil Shale Retortion
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Shale Oil Refining
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Technology
- 8.1 In-situ
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Ex-situ
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Electricity
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Fuel
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Cement and Chemicals
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 American Resources Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 AuraSource Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 BP p.l.c.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Chevron Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Eesti Energia AS
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Exxon Mobil Corporation
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Independent Energy Partners Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Japan Oil, Gas and Metals National Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Queensland Energy Resources
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Royal Dutch Shell plc
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.1 American Resources Inc.
Product Code: SR112023A4342
List of Figures
- Figure 1: Global: Oil Shale Market: Major Drivers and Challenges
- Figure 2: Global: Oil Shale Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Oil Shale Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Oil Shale Market: Breakup by Product (in %), 2022
- Figure 5: Global: Oil Shale Market: Breakup by Process (in %), 2022
- Figure 6: Global: Oil Shale Market: Breakup by Technology (in %), 2022
- Figure 7: Global: Oil Shale Market: Breakup by Application (in %), 2022
- Figure 8: Global: Oil Shale Market: Breakup by Region (in %), 2022
- Figure 9: Global: Oil Shale (Shale Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Oil Shale (Shale Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Oil Shale (Shale Diesel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Oil Shale (Shale Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Oil Shale (Kerosene) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Oil Shale (Kerosene) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Oil Shale (Heavy Oil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Oil Shale (Heavy Oil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Oil Shale (Oil Shale Exploration) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Oil Shale (Oil Shale Exploration) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Oil Shale (Ore Preparation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Oil Shale (Ore Preparation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Oil Shale (Oil Shale Retortion) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Oil Shale (Oil Shale Retortion) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Oil Shale (Shale Oil Refining) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Oil Shale (Shale Oil Refining) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Oil Shale (Other Processes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Oil Shale (Other Processes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Oil Shale (In-situ) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Oil Shale (In-situ) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Oil Shale (Ex-situ) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Oil Shale (Ex-situ) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Oil Shale (Electricity) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Oil Shale (Electricity) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Oil Shale (Fuel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Oil Shale (Fuel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Oil Shale (Cement and Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Oil Shale (Cement and Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Oil Shale (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Oil Shale (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: North America: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: North America: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: United States: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: United States: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Canada: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Canada: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Asia-Pacific: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Asia-Pacific: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: China: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: China: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Japan: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Japan: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: India: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: India: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: South Korea: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: South Korea: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Australia: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Australia: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Indonesia: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Indonesia: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Europe: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Europe: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Germany: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Germany: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: France: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: France: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: United Kingdom: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: United Kingdom: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Italy: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Italy: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Spain: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Spain: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Russia: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Russia: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Latin America: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Latin America: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Brazil: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Brazil: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Mexico: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Mexico: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Others: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Middle East and Africa: Oil Shale Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Middle East and Africa: Oil Shale Market: Breakup by Country (in %), 2022
- Figure 87: Middle East and Africa: Oil Shale Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Global: Oil Shale Industry: SWOT Analysis
- Figure 89: Global: Oil Shale Industry: Value Chain Analysis
- Figure 90: Global: Oil Shale Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Oil Shale Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Oil Shale Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Oil Shale Market Forecast: Breakup by Process (in Million US$), 2023-2028
- Table 4: Global: Oil Shale Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 5: Global: Oil Shale Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 6: Global: Oil Shale Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Oil Shale Market: Competitive Structure
- Table 8: Global: Oil Shale Market: Key Players
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