Market Research Report
Global Shale Gas Market Insights and Forecast to 2027
|Global Shale Gas Market Insights and Forecast to 2027|
Published: December 23, 2021
Content info: 112 Pages
Delivery time: 2-3 business days
Shale gas is natural gas found in shale deposits, where it is trapped in microscopic or submicroscopic pores. This natural gas is a mixture of naturally occurring hydrocarbon gases produced from the decomposition of organic matter (plant and animal remains). Shale gas is mainly methane that is trapped within clay-rich sedimentary rock at depths greater than 1,500 metres. The low permeability of the rock means that gas, either absorbed or in a free state, in the pores of the rock, is unable to flow easily. To extract shale gas, wells are drilled anywhere from 1,500 - 4,000 metres deep through various layers of rock to access the shale.
Global core shale gas manufacturers include EQT Corporation, Antero Resources Corporation, ExxonMobil etc. The top 3 companies hold a share about 11%. North America is the largest market, with a share about 90%, followed by Asia-Pacific and Latin America with the share about 5% and 2%. And in terms of application, the largest application is power generation, followed by industrial and commercial.
Market Analysis and Insights: Global Shale Gas Market
The global Shale Gas market is valued at US$ 54050 million in 2020. The market size will reach US$ 113820 million by the end of 2027, growing at a CAGR of 4.5% during 2021-2027.
Global Shale Gas Scope and Segment
Shale Gas market is segmented by Sale Channels, and by Application. Players, stakeholders, and other participants in the global Shale Gas market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Sale Channels and by Application for the period 2016-2027.
Segment by Sale Channels
Segment by Application
Production by Region
Consumption by Region