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Shale gas Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 137
  • SKU: IRTNTR45952
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According to a research report, the shale gas market will witness a growth of 4.87% at a CAGR of 5.15% from 2021-2026

This shale gas market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers shale gas market segmentation by application (industrial, building, and transportation) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The shale gas market report also offers information on several market vendors, including Antero Resources Corp, BP Plc, Chesapeake Energy Corp, Chevron Corp., China National Petroleum Corp., China Petroleum and Chemical Corp, ConocoPhillips Co., COTERRA ENERGY INC, Devon Energy Corp, EOG Resources Inc, EQT Corp., Equinor ASA, Kolibri Global Energy Inc, Occidental Petroleum Corp., Pioneer Natural Resources Co, Range Resources Corp, Shell plc, Southwestern Energy Co., TotalEnergies SE, and YPF SA among others.

What will the Shale Gas Market Size be During the Forecast Period?

Shale Gas Market Size

Download Report Sample to Unlock the Shale Gas Market Size for the Forecast Period and Other Important Statistics

 

Shale Gas Market: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year, and 2022 as the estimated year, and produced drivers, trends, and challenges for the shale gas market. In the COVID-19 pandemic, the demand for the shale gas market has been impacted a lot by decelerating, but a holistic analysis of drivers will help in exacting demands and refining marketing strategies to gain a competitive advantage.

Key Shale Gas Market Driver

  • Advantages associated with shale gas is one of the key drivers supporting the shale gas market growth.
  • Natural gas is a key feedstock for many industries, such as the chemical industry. The use of natural gas to generate electricity provides several benefits when compared with conventional heating fuels in the commercial, residential, and industrial sectors. 
  • Shale gas is one of the cleanest burning fossil fuels as it has the lowest carbon content among all fossil fuels. It burns with lower sulfur emissions, metal compounds, and carbon dioxide.
  • The exploration, drilling, and production of shale gas are on land, which reduces the additional operating cost associated with offshore drilling.
  • The development of shale gas reserves reduces the energy dependency of countries. Countries such as Turkey and China have large shale gas reserves. 
  • The growth of the shale industry provides employment opportunities. Hence, its use is increasing in industries such as transportation, which is driving the growth of the market.

Key Shale Gas Market Trend

  • The rise in the adoption of green fracking methods is one of the key shale gas market trends contributing to the market growth.
  • Hydraulic fracturing is a process where chemically treated, high-pressure water is used to crack rock formations to release the oil and natural gas trapped between the rocks. This process is hazardous to the environment. 
  • To reduce the negative impact of hydraulic fracturing on the environment, energy technology providers have come up with some green fracking methods that do not harm the environment. 
  • Some companies are also trying to reduce the environmental impact of hydraulic fracturing. For instance, in some regions, Halliburton uses recycled water or brine pumped from underground instead of freshwater for fracturing. Such eco-friendly methods of fracking are expected to decrease environmental hazards and increase the adoption of hydraulic fracturing, which would support the growth of the market during the forecast period.

Key Shale Gas Market Challenge

  • The rise in the adoption of green fracking methods is one of the factors hampering the shale gas market growth. 
  • After drilling the well, casing, and cementing, perforations are made in the good pipe, and with a high-pressure mixture of water, sand, and other additives, micro-fractures are created in the rocks, which are opened using sand grains. 
  • It is estimated that more than two-fifths of the shale reserves are in regions with high water stress levels. Analyzing the availability of freshwater is a major challenge that must be addressed for the growth of the market.
  • The process of fracking is water-intensive. Hence, the availability of freshwater is essential for the extraction of shale gas. 
  • The shortage of water is a challenge for the exploration of shale gas in India. Moreover, the limited success of exploration activities for shale gas by the ONGC in basins such as Cambay, Cauvery, Krishna-Godavari, and Assam-Arakan might lead to the closing of such projects in the country.

This shale gas market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global shale gas market as a part of the global oil and gas exploration and production market within the global oil and gas market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the shale gas market during the forecast period.

Who are the Major Shale Gas Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Antero Resources Corp
  • BP Plc
  • Chesapeake Energy Corp
  • Chevron Corp.
  • China National Petroleum Corp.
  • China Petroleum and Chemical Corp
  • ConocoPhillips Co.
  • COTERRA ENERGY INC
  • Devon Energy Corp
  • EOG Resources Inc
  • EQT Corp.
  • Equinor ASA
  • Kolibri Global Energy Inc
  • Occidental Petroleum Corp.
  • Pioneer Natural Resources Co
  • Range Resources Corp
  • Shell plc
  • Southwestern Energy Co.
  • TotalEnergies SE
  • YPF SA

 

This statistical study of the shale gas market encompasses successful business strategies deployed by the key vendors. The shale gas market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • conocophillips.com - The company is involved in the production of shale gas in Eagle Ford and Bakken in the US.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Shale Gas Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain, and parent market of the shale gas market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Shale Gas Market?

Shale Gas Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

89% of the market’s growth will originate from North America during the forecast period. The US is the key market for the shale gas market in North America. Market growth in this region will be slower than the growth of the market in other regions.

Technological innovations such as hydraulic fracturing and horizontal drilling will facilitate the shale gas market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the regional market. However, the initiation of large-scale vaccination drives supported the growth of the regional economy. Such factors are expected to lead to the growth of the regional market during the forecast period.

What are the Revenue-generating Application Segments in the Shale Gas Market?

Shale Gas Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The shale gas market share growth by the industrial segment will be significant during the forecast period. Industries use natural gas as fuel for heating and generating electricity. Natural gas is used in several industries such as rubber, chemical, metal, plastics, and milk. It is also used as feedstock. This is because it rapidly heats to high temperatures. Natural gas burns efficiently and emits less pollution when compared with other fossil fuels. Thus, it is used extensively for high-pressure steam generation in industries. Such factors in the industrial segment will drive market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the shale gas market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Shale Gas Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.15%

Market growth 2022-2026

$ 18.13 billion

Market structure

Fragmented

YoY growth (%)

4.87

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 89%

Key consumer countries

US, China, Russia, France, and UK

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Antero Resources Corp, BP Plc, Chesapeake Energy Corp, Chevron Corp., China National Petroleum Corp., China Petroleum and Chemical Corp, ConocoPhillips Co., COTERRA ENERGY INC, Devon Energy Corp, EOG Resources Inc, EQT Corp., Equinor ASA, Kolibri Global Energy Inc, Occidental Petroleum Corp., Pioneer Natural Resources Co, Range Resources Corp, Shell plc, Southwestern Energy Co., TotalEnergies SE, and YPF SA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Shale Gas Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive shale gas market growth during the next five years
  • Precise estimation of the shale gas market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the shale gas industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of shale gas market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Industrial - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
    • 5.4 Building - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Building - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Building - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Building - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Building - Year-over-year growth 2021-2026 (%)
    • 5.5 Transportation - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Transportation - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Transportation - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Transportation - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Transportation - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Application
      • Exhibit 40: Market opportunity by Application ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Russia - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 BP Plc
              • Exhibit 93: BP Plc - Overview
              • Exhibit 94: BP Plc - Business segments
              • Exhibit 95: BP Plc - Key offerings
              • Exhibit 96: BP Plc - Segment focus
            • 10.4 Chevron Corp.
              • Exhibit 97: Chevron Corp. - Overview
              • Exhibit 98: Chevron Corp. - Business segments
              • Exhibit 99: Chevron Corp. - Key news
              • Exhibit 100: Chevron Corp. - Key offerings
              • Exhibit 101: Chevron Corp. - Segment focus
            • 10.5 China National Petroleum Corp.
              • Exhibit 102: China National Petroleum Corp. - Overview
              • Exhibit 103: China National Petroleum Corp. - Product / Service
              • Exhibit 104: China National Petroleum Corp. - Key offerings
            • 10.6 China Petroleum and Chemical Corp
              • Exhibit 105: China Petroleum and Chemical Corp - Overview
              • Exhibit 106: China Petroleum and Chemical Corp - Business segments
              • Exhibit 107: China Petroleum and Chemical Corp - Key news
              • Exhibit 108: China Petroleum and Chemical Corp - Key offerings
              • Exhibit 109: China Petroleum and Chemical Corp - Segment focus
            • 10.7 ConocoPhillips Co.
              • Exhibit 110: ConocoPhillips Co. - Overview
              • Exhibit 111: ConocoPhillips Co. - Business segments
              • Exhibit 112: ConocoPhillips Co. - Key offerings
              • Exhibit 113: ConocoPhillips Co. - Segment focus
            • 10.8 Devon Energy Corp
              • Exhibit 114: Devon Energy Corp - Overview
              • Exhibit 115: Devon Energy Corp - Product / Service
              • Exhibit 116: Devon Energy Corp - Key offerings
            • 10.9 EQT Corp.
              • Exhibit 117: EQT Corp. - Overview
              • Exhibit 118: EQT Corp. - Product / Service
              • Exhibit 119: EQT Corp. - Key offerings
            • 10.10 Occidental Petroleum Corp.
              • Exhibit 120: Occidental Petroleum Corp. - Overview
              • Exhibit 121: Occidental Petroleum Corp. - Business segments
              • Exhibit 122: Occidental Petroleum Corp. - Key offerings
              • Exhibit 123: Occidental Petroleum Corp. - Segment focus
            • 10.11 Shell plc
              • Exhibit 124: Shell plc - Overview
              • Exhibit 125: Shell plc - Business segments
              • Exhibit 126: Shell plc - Key news
              • Exhibit 127: Shell plc - Key offerings
              • Exhibit 128: Shell plc - Segment focus
            • 10.12 TotalEnergies SE
              • Exhibit 129: TotalEnergies SE - Overview
              • Exhibit 130: TotalEnergies SE - Business segments
              • Exhibit 131: TotalEnergies SE - Key news
              • Exhibit 132: TotalEnergies SE - Key offerings
              • Exhibit 133: TotalEnergies SE - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: List of abbreviations
              • The global oil and gas exploration and production market is at a cross-road with the market experiencing the positive impact of factors such as increasing demand for energy worldwide, technological advances resulting in the exploration and production of oil and gas from unconventional resources, and increasing oil and gas exploration and production activities in emerging countries. On the other hand, high capital requirements, increasing threats from renewable energy, and volatility in crude oil prices are having a negative impact on the market growth. The combined impact of these factors will lead to moderate growth in the global oil and gas exploration and production market.
                • resource type: Includes conventional and unconventional oil and gas (shale gas, shale oil, oil sands, tight gas, tight oil, coal bed methane and others)

                  Research Framework

                  Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                  TechnavioINFORMATION SOURCES

                  Primary sources

                  • Manufacturers and suppliers
                  • Channel partners
                  • Industry experts
                  • Strategic decision makers

                  Secondary sources

                  • Industry journals and periodicals
                  • Government data
                  • Financial reports of key industry players
                  • Historical data
                  • Press releases
                  Technavio

                  TechnavioDATA ANALYSIS

                  Data Synthesis

                  • Collation of data
                  • Estimation of key figures
                  • Analysis of derived insights

                  Data Validation

                  • Triangulation with data models
                  • Reference against proprietary databases
                  • Corroboration with industry experts
                  Technavio

                  TechnavioREPORT WRITING

                  Qualitative

                  • Market drivers
                  • Market challenges
                  • Market trends
                  • Five forces analysis

                  Quantitative

                  • Market size and forecast
                  • Market segmentation
                  • Geographical insights
                  • Competitive landscape
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                  Shale Gas market growth will increase by $18.13 billion during 2022-2026.
                  The shale gas market is expected to grow at a CAGR of 5.15% during 2022-2026.
                  Technavio has segmented the shale gas market by application (Industrial, Buildings, and Transportation) and geographic (North America, APAC, Europe, South America, and Middle East and Africa).
                  Antero Resources Corp, BP Plc, Chesapeake Energy Corp, Chevron Corp., China National Petroleum Corp., China Petroleum and Chemical Corp, ConocoPhillips Co., COTERRA ENERGY INC, Devon Energy Corp, EOG Resources Inc, EQT Corp., Equinor ASA, Kolibri Global Energy Inc, Occidental Petroleum Corp., Pioneer Natural Resources Co, Range Resources Corp, Shell plc, Southwestern Energy Co., TotalEnergies SE, YPF SA are a few of the key vendors in the shale gas market.
                  North America will register the highest growth rate of 88.75% among the other regions. Therefore, the shale gas market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                  • US
                  • China
                  • Russia
                  • France
                  • UK
                  The key factors driving the shale gas market growth are:
                  • Advantages associated with shale gas
                  • Rise in adoption of green fracking methods
                  The shale gas market vendors should focus on grabbing business opportunities from the industrial segment as it accounted for the largest market share in the base year.
                  • What are the key global market and the regional market share?
                  • What are the revenue-generating key market segments?
                  • What are the key factors driving and challenging this market’s growth?
                  • Who are the key market vendors and their growth strategies?
                  • What are the latest trends influencing the growth of this market?
                  • What are the variables influencing the market growth in the primary regions?
                  • What are the factors influencing the growth of the parent market?
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                  • Five-force market analysis

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