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US Shale Gas Hydraulic Fracturing Market is Poised to Register 9.8% Growth by the End of 2027

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Future Market Insights has announced the addition of the “Shale Gas Hydraulic Fracturing Market Global Industry Analysis 2017 - 2027 " report to their offering
US Shale Gas Hydraulic Fracturing Market is Poised to
Register 9.8% Growth by the End of 2027
March 2018
Report Id : REP-NA-3699
Status : Publish
Category : Energy, Mining, Oil, and Gas
©2015 Future Market Insights, All Rights Reserved
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Research Methodology (1/2)
Systematic Research Approach
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Market profiling
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Formulating discussion guide
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Developing list of respondents
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In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
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Data collection
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and FMI analysis contribute to the final
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Insights
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Data is scrutinized using MS-Excel to
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(PDF)
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Shale Gas Hydraulic Fracturing Market
Future Market Insights assesses the shale gas hydraulic fracturing market in the U.S, Canada, and China
in its newly published report titled, “Shale Gas Hydraulic Fracturing Market: Canada, US, and China
Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027.” According to the report, the US
market production value is anticipated to expand from 18,059 BCF (2017) at a 9.8% CAGR, Canadian
market’s production volume of 213.3 BCF in 2017 will possibly thrive at a CAGR of 8.4%, whereas Chinese
market will witness the highest CAGR of 21.2%, up from the production volume of 317.6 BCF in 2017.
US Possesses the Maximum Number of Recoverable Reserves
All the three regions are expected to witness robust growth over the forecast period and will remain the
key regions for shale gas production in the next decade. However, the US market will reportedly maintain
the top position owing to introduction of various technological innovations since the past few years. In
addition, the country is inclining more towards using cheaper energy resources, which include shale gas;
which further creates promising scenario for market growth within the US market over the 10-year
forecast period.
©2015 Future Market Insights, All Rights Reserved
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Shale Gas Hydraulic Fracturing Market Analysis
“The market performance is highly dependent on the presence of natural gas reserves, precisely the
number of recoverable shale gas reserves in a particular region,” states a research analyst (Energy,
Mining, Oil & Gas domain). The major Marcellus (the largest) Shale producers are Range Resources, EQT,
Rice Energy, Chevron, CONSOL Energy; the Niobrara shale include producers such as Anadarko
Petroleum, Noble Energy, Devon Energy, EOG Resources, and Whiting Petroleum.
The US thus will continue to win over other markets owing to the presence of maximum recoverable
reserves of natural gas. Furthermore, frequent technological innovations particularly in the US market for
shale gas production are also said to provide this region with a major thrust. The Future Market Insights’
report indicates that the US will remain dominant in terms of technology, exploration, development,
production, and export of shale gas, the US will be the global leader throughout 2017-2027. Production
of shale gas through hydraulic fracturing is expected to remain the most popularly used, profitable
process to produce shale gas.
Request Report Methodology @ https://www.futuremarketinsights.com/askus/rep-na-3699
Based on the technology used for shale gas extraction in US industry, plug and perforation segment
registered more than 70% share of the total production volume attained by US market. In terms of
technology and profit, plug and perforation technology has brought in several advantages to the US shale
gas industry. T
©2015 Future Market Insights, All Rights Reserved
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Shale Gas Hydraulic Fracturing Market Analysis
Rather than descending natural gas prices over the past few years, a Future Market Insights’ analyst finds
out that greater convenience of the fracturing process plays a crucial role in increasing adoption of
hydraulic fracturing process for extraction of shale gas. On the flipside, there are certain barriers to
growth of US shale gas hydraulic fracturing market, which may hamper the growth in near future. A few
of them include hefty water consumption levels during hydraulic fracturing process and emission of a
wide range of hazardous pollutants in underground water, both of which are apparently not acceptable
by the environmental point of view.
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