Global Shale Gas Market 2024-2028
The shale gas market is forecasted to grow by USD 20.36 bn during 2023-2028, accelerating at a CAGR of 5.31% during the forecast period. The report on the shale gas market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages associated with shale gas, increasing consumption of natural gas, and technological advancements in drilling techniques.
Technavio's shale gas market is segmented as below:
By Technology
- Horizontal fracking
- Vertical fracking
- Rotary fracking
By Application
- Industrial
- Buildings
- Transportation
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rise in the adoption of green fracking methods as one of the prime reasons driving the shale gas market growth during the next few years. Also, the growing adoption of NGVs and increasing investments in renewable energy will lead to sizable demand in the market.
The report on the shale gas market covers the following areas:
- Shale gas market sizing
- Shale gas market forecast
- Shale gas market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shale gas market vendors that include Antero Resources Corp., BP Plc, Chesapeake Energy Corp, Chevron Corp., China National Petroleum Corp., China Petrochemical Corp., ConocoPhillips Co., COTERRA ENERGY INC., EOG Resources Inc, EQT Corp., Equinor ASA, Exxon Mobil Corp., Kolibri Global Energy Inc., Occidental Petroleum Corp., Pioneer Natural Resources Co., Range Resources Corp., Shell plc, SouthWestern Energy Co., TotalEnergies SE, and YPF Sociedad Anonima. Also, the shale gas market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.