Transparency Market Research Unconventional Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Published Date 21-Aug-2013 204 Page Report Buy Now Request Sample Press Release Unconventional Gas Market to Reach $126.9 bn by 2019 due to Increasing Foreign Investments by Asian Companies Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Unconventional Gas Market REPORT DESCRIPTION Unconventional Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 A new Transparency Market Research report states that the unconventional gas market stood at $93.9 bn in 2012 and is predicted to reach $126.9 bn by 2019. It is predicted to expand at a CAGR of 4.70% from 2013 to 2019. The title of the report is “Unconventional Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”. Complete Report Unconventional Gas Market with TOC : http://www.transparencymarketresearch.com/unconventional-gas.html As per the report, the market for unconventional gas is fuelled by the rising focus on reducing dependence on conventional sources of gas. In addition, the supportive regulations to raise the unconventional gases’ production have also created a positive impact on the market. Furthermore, the increasing foreign investments by Asian companies is also boosting the market for unconventional gas. The presence of a large number of reserves globally is a prime opportunity in the market for unconventional gas. On the other hand, the increasing contamination and utilization of water in the process of production and the soaring cost of production in comparison to the production done using conventional gas are amongst the chief factors that may restrain the growth of the market in the coming years. On the basis of type of unconventional gas, the market is segmented into tight gas, shale gas, and coal bed methane (CBM). Amongst these, the tight gas segment emerged as the largest segment and constituted a share of over 44% in the market in 2012. On the other hand, the segment of shale gas is the most swiftly growing segment and is predicted to expand at a 7.0% CAGR between 2013 and 2019. This segment is predicted to represent a share of 47% in the market by 2019. This is owing the technological advancement along with the presence of a number of shale gas reserves that are technically recoverable. On the other hand, the segment of CBM will also grow exponentially and is predicted to exceed a production of 4,256.8 bn cubic feet by the end of 2019. On the basis of application, the market is segmented into power generation, industrial, residential, commercial, and transportation. Amongst these, shale gas is industrially utilized extensively within Canada and accounted for approximately 318 bn cubic feet by 2012. On the other hand, residential applications are predicted to constitute a share of more than 18% in the market by 2019. The transportation segment is anticipated to be the most swiftly developing segment and is predicted to expand at a 5.80% CAGR between 2013 and 2019. Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Amongst these, within North America, the U.S. is the largest unconventional gas producer owing to technological development and the presence of huge reserves. On the other hand, Asia Pacific is predicted to be the most rapidly growing shale gas market and is expected to rise at a whopping CAGR of 69.60% Transparency Market Research 2 Unconventional Gas Market between 2015 and 2019. In Europe, the unconventional gas production was more than 750 bn cubic feet in 2012 but is anticipated to expand at a slow rate in the forthcoming years. As stated in the report, the key players dominant in the market are Arrow Energy, Anadarko, BG Group, BHP Billiton, BP, Devon Energy, Chesapeake Energy, ExxonMobil, Total, and Shell, among others. The market is segmented as below: Key Product Segments of Unconventional Gas Market • Shale Gas • Tight Gas • Coal Bed Methane Key Application Segments of Unconventional Gas Market • Industrial • Residential • Power Generation • Transportation • Commercial Major geographies analyzed under this research report are: • Europe • North America • Asia-Pacific Transparency Market Research 3 Unconventional Gas Market • Rest of the World To Get More Details : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1497 TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Research scope and assumption 1.3 Research methodology Chapter 2 Executive Summary 2.1 Global unconventional gas market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Chapter 3 Unconventional Gas – Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.2.1 Exploration 3.2.2 Drilling and Development 3.2.3 Production and processing 3.2.4 Distribution 3.2.5 End users 3.3 Cost analysis of unconventional gas Transparency Market Research 4 Unconventional Gas Market 3.4 Market Drivers 3.4.1 Focus towards decreasing reliance on conventional gas sources 3.4.2 Growing foreign investment by Asian companies 3.4.3 Regulatory support to boost production of unconventional gases 3.5 Restraints 3.5.1 Excessive utilization and contamination of water during production 3.5.2 High cost of production over conventional gas 3.6 Opportunities 3.6.1 Availability of abundant reserves across the world 3.7 Porter’s five forces analysis 3.7.1 Bargaining powers of suppliers 3.7.2 Bargaining power of buyers 3.7.3 Threat from new entrants 3.7.4 Threat from substitutes 3.7.5 Degree of competition 3.8 Market attractiveness analysis 3.8.1 Global unconventional gas market attractiveness, by product 3.9 Company market share analysis, 2012 3.9.1 Global shale gas market: Company market share analysis, 2012 3.9.2 Global CBM market: Company market share analysis, 2012 Chapter 4 Shale Gas Market Transparency Market Research 5 Unconventional Gas Market 4.1 Shale Gas: Market Overview 4.1.1 Global shale gas market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.2 Shale gas market: Application Analysis 4.2.1 Global shale gas market volume share, by application, 2012 and 2019 4.2.2 Industrial 4.2.2.1 Shale gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.2.3 Power generation 4.2.3.1 Shale gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.2.4 Residential 4.2.4.1 Shale gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.2.5 Commercial 4.2.5.1 Shale gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.2.6 Transportation 4.2.6.1 Shale gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.3 Shale gas market: Regional Analysis 4.3.1 Global shale gas market volume estimates and forecast, by region, 2012 – 2019 (Bcf) 4.3.2 Global shale gas market revenue estimates and forecast, by region, 2012 – 2019 (USD Billion) 4.4 U.S. shale gas market by application Transparency Market Research 6 Unconventional Gas Market 4.4.1 Industrial 4.4.1.1 U.S. shale gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.4.2 Power generation 4.4.2.1 U.S. shale gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.4.3 Residential 4.4.3.1 U.S. shale gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.4.4 Commercial 4.4.4.1 U.S. shale gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.4.5 Transportation 4.4.5.1 U.S. shale gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.5 Canada shale gas market by application 4.5.1 Industrial 4.5.1.1 Canada shale gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.5.2 Power generation 4.5.2.1 Canada shale gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.5.3 Residential 4.5.3.1 Canada shale gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Transparency Market Research 7 Unconventional Gas Market 4.5.4 Commercial 4.5.4.1 Canada shale gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.5.5 Transportation 4.5.5.1 Canada shale gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 4.6 Asia Pacific shale gas market by application 4.6.1 Industrial 4.6.1.1 Asia Pacific shale gas industrial application market estimates and forecast, 2015 – 2019 (Bcf) (USD Billion) 4.6.2 Power generation 4.6.2.1 Asia Pacific shale gas power generation application market estimates and forecast, 2015 – 2019 (Bcf) (USD Billion) 4.6.3 Residential 4.6.3.1 Asia Pacific shale gas residential application market estimates and forecast, 2015 – 2019 (Bcf) (USD Billion) 4.6.4 Commercial 4.6.4.1 Asia Pacific shale gas commercial application market estimates and forecast, 2015 – 2019 (Bcf) (USD Billion) 4.6.5 Transportation 4.6.5.1 Asia Pacific shale gas transportation application market estimates and forecast, 2015 – 2019 (Bcf) (USD Billion) Chapter 5 Coal Bed Methane (CBM) Market Transparency Market Research 8 Unconventional Gas Market 5.1 CBM: Market Overview 5.1.1 Global CBM market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.2 CBM market: Application Analysis 5.2.1 Global CBM market volume share, by application, 2012 and 2019 5.2.2 Industrial 5.2.2.1 CBM industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.2.3 Power generation 5.2.3.1 CBM power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.2.4 Residential 5.2.4.1 CBM residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.2.5 Commercial 5.2.5.1 CBM commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.2.6 Transportation 5.2.6.1 CBM transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.3 CBM market: Regional Analysis 5.3.1 Global CBM market volume estimates and forecast, by region, 2012 – 2019 (Bcf) 5.3.2 Global CBM market revenue estimates and forecast, by region, 2012 – 2019 (USD Billion) 5.4 U.S. CBM market by application 5.4.1 Industrial Transparency Market Research 9 Unconventional Gas Market 5.4.1.1 U.S. CBM industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.4.2 Power generation 5.4.2.1 U.S. CBM power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.4.3 Residential 5.4.3.1 U.S. CBM residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.4.4 Commercial 5.4.4.1 U.S. CBM commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.4.5 Transportation 5.4.5.1 U.S. CBM transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.5 Canada CBM market by application 5.5.1 Industrial 5.5.1.1 Canada CBM industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.5.2 Power generation 5.5.2.1 Canada CBM power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.5.3 Residential 5.5.3.1 Canada CBM residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.5.4 Commercial Transparency Market Research 10 Unconventional Gas Market 5.5.4.1 Canada CBM commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.5.5 Transportation 5.5.5.1 Canada CBM transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.6 Europe CBM market by application 5.6.1 Industrial 5.6.1.1 Europe CBM industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.6.2 Power generation 5.6.2.1 Europe CBM power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.6.3 Residential 5.6.3.1 Europe CBM residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.6.4 Commercial 5.6.4.1 Europe CBM commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.6.5 Transportation 5.6.5.1 Europe CBM transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.7 Asia Pacific CBM market by application 5.7.1 Industrial 5.7.1.1 Asia Pacific CBM industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Transparency Market Research 11 Unconventional Gas Market 5.7.2 Power generation 5.7.2.1 Asia Pacific CBM power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.7.3 Residential 5.7.3.1 Asia Pacific CBM residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.7.4 Commercial 5.7.4.1 Asia Pacific CBM commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 5.7.5 Transportation 5.7.5.1 Asia Pacific CBM transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Chapter 6 Tight Gas Market 6.1 Tight Gas: Market Overview 6.1.1 Global tight gas market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.2 Tight gas market: Application Analysis 6.2.1 Global tight gas market volume share, by application, 2012 and 2019 6.2.2 Industrial 6.2.2.1 Tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.2.3 Power generation 6.2.3.1 Tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Transparency Market Research 12 Unconventional Gas Market 6.2.4 Residential 6.2.4.1 Tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.2.5 Commercial 6.2.5.1 Tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.2.6 Transportation 6.2.6.1 Tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.3 Tight gas market: Regional Analysis 6.3.1 Global tight gas market volume estimates and forecast, by region, 2012 – 2019 (Bcf) 6.3.2 Global tight gas market revenue estimates and forecast, by region, 2012 – 2019 (USD Billion) 6.4 U.S. tight gas market by application 6.4.1 Industrial 6.4.1.1 U.S. tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.4.2 Power generation 6.4.2.1 U.S. tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.4.3 Residential 6.4.3.1 U.S. tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.4.4 Commercial Transparency Market Research 13 Unconventional Gas Market 6.4.4.1 U.S. tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.4.5 Transportation 6.4.5.1 U.S. tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.5 Canada CBM market by application 6.5.1 Industrial 6.5.1.1 Canada tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.5.2 Power generation 6.5.2.1 Canada tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.5.3 Residential 6.5.3.1 Canada tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.5.4 Commercial 6.5.4.1 Canada tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.5.5 Transportation 6.5.5.1 Canada tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.6 Europe tight gas market by application 6.6.1 Industrial 6.6.1.1 Europe tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Transparency Market Research 14 Unconventional Gas Market 6.6.2 Power generation 6.6.2.1 Europe tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.6.3 Residential 6.6.3.1 Europe tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.6.4 Commercial 6.6.4.1 Europe tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.6.5 Transportation 6.6.5.1 Europe tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.7 Asia Pacific tight gas market by application 6.7.1 Industrial 6.7.1.1 Asia Pacific tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.7.2 Power generation 6.7.2.1 Asia Pacific tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.7.3 Residential 6.7.3.1 Asia Pacific tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.7.4 Commercial 6.7.4.1 Asia Pacific tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Transparency Market Research 15 Unconventional Gas Market 6.7.5 Transportation 6.7.5.1 Asia Pacific tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.8 RoW tight gas market by application 6.8.1 Industrial 6.8.1.1 RoW tight gas industrial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.8.2 Power generation 6.8.2.1 RoW tight gas power generation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.8.3 Residential 6.8.3.1 RoW tight gas residential application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.8.4 Commercial 6.8.4.1 RoW tight gas commercial application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) 6.8.5 Transportation 6.8.6 RoW tight gas transportation application market estimates and forecast, 2012 – 2019 (Bcf) (USD Billion) Chapter 7 Company Profiles 7.1 AGL Energy 7.1.1 Company overview 7.1.2 Financial overview Transparency Market Research 16 Unconventional Gas Market 7.1.3 Business strategies 7.1.4 SWOT analysis 7.1.5 Recent developments 7.2 Anadarko Petroleum Corporation 7.2.1 Company overview 7.2.2 Financial overview 7.2.3 Business strategies 7.2.4 SWOT analysis 7.2.5 Recent developments 7.3 Arrow Energy Pty. Ltd 7.3.1 Company overview 7.3.2 Business strategies 7.3.3 SWOT analysis 7.3.4 Recent developments 7.4 BG Group Plc 7.4.1 Company overview 7.4.2 Financial overview 7.4.3 Business strategies 7.4.4 SWOT analysis 7.4.5 Recent developments 7.5 BHP Billiton Limited 7.5.1 Company overview Transparency Market Research 17 Unconventional Gas Market 7.5.2 Financial overview 7.5.3 Business strategies 7.5.4 SWOT analysis 7.5.5 Recent developments 7.6 British Petroleum 7.6.1 Company overview 7.6.2 Financial overview 7.6.3 Business strategies 7.6.4 SWOT analysis 7.6.5 Recent developments 7.7 Chesapeake Energy Corporation 7.7.1 Company overview 7.7.2 Financial overview 7.7.3 Business strategies 7.7.4 SWOT analysis 7.7.5 Recent developments 7.8 Chevron Corporation 7.8.1 Company overview 7.8.2 Financial overview 7.8.3 Business strategies 7.8.4 SWOT analysis 7.8.5 Recent developments Transparency Market Research 18 Unconventional Gas Market 7.9 China National Offshore Oil Corporation (CNOOC) 7.9.1 Company overview 7.9.2 Financial overview 7.9.3 Business strategies 7.9.4 SWOT analysis 7.9.5 Recent developments 7.10 China National Petroleum Corporation (CNPC) 7.10.1 Company overview 7.10.2 Financial revenue 7.10.3 Business strategies 7.10.4 SWOT analysis 7.10.5 Recent developments 7.11 ConocoPhillips 7.11.1 Company overview 7.11.2 Financial overview 7.11.3 Business strategies 7.11.4 SWOT analysis 7.11.5 Recent developments 7.12 Dart Energy 7.12.1 Company overview 7.12.2 Business strategies 7.12.3 SWOT analysis Transparency Market Research 19 Unconventional Gas Market 7.12.4 Recent developments 7.13 Devon Energy Corporation 7.13.1 Company overview 7.13.2 Financial overview 7.13.3 Business strategies 7.13.4 SWOT analysis 7.13.5 Recent developments 7.14 EOG Resources Inc. 7.14.1 Company overview 7.14.2 Financial overview 7.14.3 Business strategies 7.14.4 SWOT analysis 7.14.5 Recent developments 7.15 EXCO Resources Inc. 7.15.1 Company overview 7.15.2 Financial overview 7.15.3 Business strategies 7.15.4 SWOT analysis 7.15.5 Recent developments 7.16 ExxonMobil 7.16.1 Company overview 7.16.2 Financial overview Transparency Market Research 20 Unconventional Gas Market 7.16.3 Business strategies 7.16.4 SWOT analysis 7.16.5 Recent developments 7.17 Great Eastern Energy 7.17.1 Company overview 7.17.2 Financial overview 7.17.3 Business strategies 7.17.4 SWOT analysis 7.17.5 Recent developments 7.18 Green Dragon Gas Ltd. 7.18.1 Company overview 7.18.2 Financial overview 7.18.3 Business strategies 7.18.4 SWOT analysis 7.18.5 Recent developments 7.19 Origin Energy Ltd. 7.19.1 Company overview 7.19.2 Financial overview 7.19.3 Business strategies 7.19.4 SWOT analysis 7.19.5 Recent developments 7.20 PetroChina Co. Ltd. Transparency Market Research 21 Unconventional Gas Market 7.20.1 Company overview 7.20.2 Financial overview 7.20.3 Business strategies 7.20.4 SWOT analysis 7.20.5 Recent developments 7.21 Royal Dutch Shell plc 7.21.1 Company overview 7.21.2 Financial overview 7.21.3 Business strategies 7.21.4 SWOT analysis 7.21.5 Recent developments 7.22 Total SA 7.22.1 Company overview 7.22.2 Financial overview 7.22.3 Business strategies 7.22.4 SWOT analysis 7.22.5 Recent developments 7.23 XTO Energy 7.23.1 Company overview 7.23.2 Financial overview 7.23.3 Business strategies 7.23.4 SWOT analysis Transparency Market Research 22 Unconventional Gas Market 7.23.5 Recent developments Complete Report Unconventional Gas Market with TOC : http://www.transparencymarketresearch.com/unconventional-gas.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 23
The global unconventional gas market is largely fragmented with a large number of local players and only a few international companies, reports Transparency Market Research (TMR) in a new market study. While the shale gas market is highly fragmented with top three players, namely Chesapeake Energy, Devon Energy, and Exxon Mobil collectively holding 19.9% of the overall shale gas market in 2012, the coal bed methane (CBM) market is considerably consolidated with BG Group, Dart Energy, and Arrow Energy together holding 62.5% of the overall CBM market in the same year. “Joint ventures are a favored growth model of top companies in the global unconventional gas market,” says a TMR analyst. A case in point is Anadarko Petroleum Corporation. The company recently entered into joint ventures with a subsidiary of Korea National Oil Corporation (KNOC), to strengthen its financial position. Interpret a Competitive outlook Analysis Report with PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1497
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