Shale gas is natural gas that is found trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States since the start of this century, and interest has spread to potential gas shales in the rest of the world
Hydraulic fracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of 'fracking fluid' (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely.
In the report, production unit: bcf=billion cubic feet. Price unit: USD/Mcf=USD per thousand cubic feet.
Now shale gas is widely reserved underground. USA, China, Canada, Argentina and Mexica have big reserves. But due to the limitation of technology, USA becomes the most main manufacturing country in the world, taking 83.45% of the global production. With the process of the shale gas hydraulic fracturing in other countries such as China, Canada and Argentina, and the more attention on shale gas, China, Canada and Argentina gradually began to produce shale gas. Thanks to the cheap price and the huge reserves in the world, more and more countries star to pay attention on shale gas, for example that Mexico began to produce shale gas on its own and the Mexico company PEMEX has invested much money on exploration and production about shale gas.
Because USA is the first and biggest country to produce shale gas in the world, there are plenty of America manufacturers such as ExxonMobil, Range Resources, EQT, Chesapeake Energy, Chevron and Rice Energy. In Argentina, Yacimientos Petroleiferos Fiscales is the main manufacturer, in China CNPC and Sinopec are the main manufacturers
Shale gas is virtually natural gas and can be applied into residents, industrial and electric power. Industrial and electric power is the two main application, taking 34.49% and 34.25% of the total production respectively in 2016. Application in residents is also an important part of shale gas, in 2016, around 20.59% of the global production is consumed by residents.
According to this study, over the next five years the Shale Gas Hydraulic Fracturing market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 48700 million by 2024, from US$ 39700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Shale Gas Hydraulic Fracturing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Shale Gas Hydraulic Fracturing market by product type, application, key manufacturers and key regions and countries.
This study considers the Shale Gas Hydraulic Fracturing value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Type I
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residents
Industrial
Electric Power
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ExxonMobil
Range Resources
EQT
Chesapeake Energy
Chevron
Rice Energy
CONSOL Energy
EOG Resources
Anadarko Petroleum
Occidental Petroleum
Devon Energy
Marathon Oil
BHP Billiton
Yacimientos Petroleiferos Fiscales
CNPC
Sinopec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Shale Gas Hydraulic Fracturing consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Shale Gas Hydraulic Fracturing market by identifying its various subsegments.
Focuses on the key global Shale Gas Hydraulic Fracturing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Shale Gas Hydraulic Fracturing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Shale Gas Hydraulic Fracturing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Shale Gas Hydraulic Fracturing . Industry analysis & Market Report on Shale Gas Hydraulic Fracturing is a syndicated market report, published as Global Shale Gas Hydraulic Fracturing Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Shale Gas Hydraulic Fracturing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.