Global Shale Gas Market Growth 2023-2029

Global Shale Gas Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Shale Gas Industry Forecast” looks at past sales and reviews total world Shale Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Shale Gas sales for 2023 through 2029. With Shale Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shale Gas industry.
This Insight Report provides a comprehensive analysis of the global Shale Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shale Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shale Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shale Gas and breaks down the forecast by sale channels, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shale Gas.
The global Shale Gas market size is projected to grow from US$ 52870 million in 2022 to US$ 72820 million in 2029; it is expected to grow at a CAGR of 72820 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Shale Gas market by product sale channels, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by sale channels
Direct Channel
Indirect Channel
Segmentation by application
Residential
Commercial
Industrial
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
EQT Corporation
ExxonMobil
Southwestern Energy
Antero Resources Corporation
Coterra Energy
Chesapeake Energy
Chevron
CNX Resources Corp
Range Resources
Conoco Phillips
Sinopec
CNPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shale Gas market?
What factors are driving Shale Gas market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shale Gas market opportunities vary by end market size?
How does Shale Gas break out sale channels, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.