Global Tight Gas Market 2018-2022

The tight gas market size will grow by USD 6.87 billion during 2018-2022. This report offers an analysis of the market based on the end user (industrial, power, and others) and geography (Americas and RoW). The tight gas market research report further analyzes the market’s competitive landscape and offers information on several companies including Canadian Natural, Chevron, Exxon Mobil, Royal Dutch Shell, and YPF.

Below are some of the key findings from the tight gas market research report

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Global tight gas industry overview

The expanding economic activities globally have increased CO2 emission.  To control CO2 emissions, several nations are decarbonizing their power mix by moving to renewable energy. To decrease the environmental impact of transportation, fuels like tight gas are considered as potential alternatives to fossil fuels. Tight gas is one of the cleanest burning fossil fuels, due to low carbon substance and it burns with lower sulfur emissions, metal compounds, and CO2. Also, the exploration, drilling and production activities of tight gas happen on the land, which decreases the extra operating cost of offshore drilling. The development of tight gas reserves decreases the energy dependency of various countries as well. These advantages are propelling the adoption of tight gas and driving the tight gas market growth.

The technological advancements in hydraulic fracturing are one of the key trends that will further stimulate tight gas market growth. The emergence of unconventional gases, including tight gas, has disrupted the oil and gas market. The contribution of these gases in global natural gas production has grown significantly, and this trend is expected to continue further. The unconventional gas boom can be attributed to technological breakthroughs in the oil and gas industry. Hydraulic fracturing, the production process of tight gas, is expected to have further promising improvements to make it cost-effective, clean, and more efficient. Filtering technologies to produce clean water and facilitate retrieved wastewater reuse and use of non-fracking technologies like vapor fracturing are some of the potential advancements. The tight gas market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 5% during the forecast period.

Top tight gas companies covered in this market research report

The tight gas market is highly fragmented and in the growth phase. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this tight gas industry analysis report will aid clients to identify and design new growth strategies.

The report offers a complete analysis of various companies including:

• Canadian Natural
• Chevron
• Exxon Mobil
• Royal Dutch Shell
• YPF

Tight gas market segmentation based on geographic regions

• Americas
• RoW

According to global tight gas market analysis, the Americas will continue to dominate the tight gas market share during the forecast period. However, RoW will account for the highest tight gas market growth throughout the forecast period.

Tight gas market segmentation based on end users

• Industrial
• Power
• Others

The industrial user segment will account for the largest tight gas market share during the forecast period. This segment will also account for the highest tight gas market growth. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the tight gas market size.

Key highlights of the global tight gas market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the tight gas market during the next five years
• Precise estimation of the global tight gas market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the tight gas industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of tight gas companies

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