Global Tight Gas Market Growth 2023-2029

Global Tight Gas Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Tight Gas Industry Forecast” looks at past sales and reviews total world Tight Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Tight Gas sales for 2023 through 2029. With Tight Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tight Gas industry.

This Insight Report provides a comprehensive analysis of the global Tight 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 Tight Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tight Gas market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tight Gas and breaks down the forecast by type, 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 Tight Gas.

The global Tight Gas market size is projected to grow from US$ 13010 million in 2022 to US$ 17760 million in 2029; it is expected to grow at a CAGR of 17760 from 2023 to 2029.

United States market for Tight Gas is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Tight Gas is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Tight Gas is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Tight Gas players cover Exxon Mobil, Royal Dutch Shell, Chevron, CNPC, Sinopec Group, Canadian Natural, YPF and Valeura Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Tight Gas market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Processed Tight Gas
Unprocessed Tight Gas

Segmentation by application
Residential
Commercial
Industrial Production
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.
Exxon Mobil
Royal Dutch Shell
Chevron
CNPC
Sinopec Group
Canadian Natural
YPF
Valeura Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tight Gas market?

What factors are driving Tight Gas market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tight Gas market opportunities vary by end market size?

How does Tight Gas break out type, 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.