Market Research Report
Global Tight Gas Market Insights and Forecast to 2028
|Global Tight Gas Market Insights and Forecast to 2028|
Published: March 1, 2022
Content info: 94 Pages
Delivery time: 2-3 business days
Tight gas is natural gas produced from reservoir rocks with such low permeability that massive hydraulic fracturing is necessary to produce the well at economic rates. Tight gas reservoirs are generally defined as having less than 0.1 millidarcy (mD) matrix permeability and less than ten percent matrix porosity. Although shales have low permeability and low effective porosity, shale gas is usually considered separate from tight gas, which is contained most commonly in sandstone, but sometimes in limestone. Tight gas is considered an unconventional source of natural gas.
Market Analysis and Insights: Global Tight Gas Market
Due to the COVID-19 pandemic, the global Tight Gas market size is estimated to be worth US$ 13960 million in 2022 and is forecast to a readjusted size of US$ 18050 million by 2028 with a CAGR of 4.4% during the review period. Fully considering the economic change by this health crisis, Processed Tight Gas accounting for % of the Tight Gas global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Residential segment is altered to an % CAGR throughout this forecast period.
China Tight Gas market size is valued at US$ million in 2021, while the US and Europe Tight Gas are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Tight Gas landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Tight Gas include Exxon Mobil, Royal Dutch Shell, Chevron, CNPC, Sinopec Group, Canadian Natural, YPF and Valeura Energy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Tight Gas capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Tight Gas by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Tight Gas Scope and Segment
Tight Gas market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Tight 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 Type and by Application for the period 2017-2028.
Segment by Type
Segment by Application
Production by Region
Consumption by Region