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Global Shale Gas Market

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Transparency Market
Research
Global Shale Gas Market - Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019
Published Date
2014-04-22
89 Page Report
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Press Release
Shale Gas Market is expected to Reach 17,201.6 Bcf Globally by
2019
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Global Shale Gas Market
REPORT DESCRIPTION
Transparency Market Research published a new report titled as “Shale Gas Market: Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019," which stated that the global shale gas
production was 10,138.2 Bcf in 2012 and is expected to reach 17,201.6 Bcf by 2019, growing at a CAGR of
7.9% from 2013 to 2019.
Browse: Global Shale Gas Market
Shale gas is a type of unconventional gas that is trapped within organic-rich shale formations. It is
extracted through a combination of hydraulic fracturing and horizontal drilling techniques that allows a
large volume of shale gas to be produced. The global demand for shale gas is constantly increasing due to
the rising depleting energy reserves all over the world. The world’s focus is now on unconventional sources
of energy that are cost-effective and more on the natural side. Shale gas is the best illustration in this
revolution.
The wide economical production of shale gas has bolstered immense growth in the natural gas industry in
the U.S. Currently, the U.S. dominates the shale gas market in terms of production, as well as revenue, but
contamination of surface water and cost of production are expected to hinder the growth in this market in
the near future. Shale gas in the U.S. accounts for 36 percent of total natural gas production in the country.
The market study in this report focuses on estimates and forecasts of the global shale gas market in terms
of volume (Bcf) and revenue (USD billion) from 2013 to 2019. The report analyzes value chain components
at each stage and discusses the major driving and restraining factors for the shale gas market and
emerging opportunities in the near future.
The shale gas market in the U.S. is segmented into five sectors based on end-user: Power Generation
Sector, Industrial Sector, Residential Sector, Commercial Sector, and Transportation Sector. The progressive
growth of shale gas in North America has motivated other countries such as China to invest in this industry.
Also, abundant availability of technically recoverable reserves and rapid development of shale gas seen in
North America is turning out to be extremely advantageous for petrochemical producers in the country.
This aspect helps them to bring down their raw material and energy costs reducing reliance on natural
resources.
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Global Shale Gas Market
Similar to conventional natural gas usage, shale gas is also used in various applications such as industrial,
power generation, commercial, residential, and transportation. Such a pressing demand for shale gas from
all the above applications and places in the world drives the production of shale to achieve higher growth
in the global market. Another significant factor that primarily drives the growth of shale gas is the focus on
decreasing the dependability on conventional gas sources. Over the years, there have been high
investments made by Asian companies and collaborations with foreign players in the field of shale that
have propelled high growth in this market.
Browse the full Global Shale Gas Market report at
http://www.transparencymarketresearch.com/shale-gas.html
Under this market segment, the unconventional gas accounted for 44% of the total technically recoverable
gas until 2012, whereas shale gas represented two-third of the unconventional sources. Nevertheless,
there is still a large chunk of the world’s technically recoverable unconventional gas zone remaining to be
discovered in places like the U.S. and China. While, the two major countries such as the Eastern Europe
and Eurasia accounted for over 60% of conventional gas resources and nearly 16.5% was accounted for
the unconventional gas sources, the shale gas market has experienced a few technological advancements
in this process. For instance, hydraulic fracturing and soaring gas prices have enhanced the growth of
unconventional gases in North America. Based on this, there is a global energy supply shift to be expected
in the near future. A few countries such as Algeria, Mexico, and Argentina also hold large shale gas
potential.
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About Us
Transparency Market Research is a global market intelligence company, providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. We are privileged with highly
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Global Shale Gas Market
experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and
various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always
reflects the latest trends and information. With a broad research and analysis capability, Transparency
Market Research employs rigorous primary and secondary research techniques in developing distinctive
data sets and research material for business reports.
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wayne collins
wayne collins750   documents Email
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