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2021-2030 Shale Gas Industry Competitive Landscape



View of the device of an oil drilling rig-shale gas-ss-featured

The global shale gas market is expected to grow from $55.58 billion in 2020 to $61.51 billion in 2021 at a compound annual growth rate (CAGR) of 10.67%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

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The global shale gas market is expected to reach $99.99 billion in 2025 at a CAGR of 12.92%.

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The shale gas market consists of sales of shale gas by entities (organizations, sole traders, and partnerships) that carry out the exploration, development, and production of shale gas by using pumping technologies and systems. Shale gas is trapped within shale formations.

Some of the key players involved in the Shale Gas Market are Royal Dutch Shell PLC, Exxon Mobil Corporation, PetroChina Company Limited, ConocoPhillips, Chevron Corporation, Antero Resources

The countries covered in the global Shale Gas Market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global Shale Gas Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global Shale Gas Market is segmented

1) By Technology: Exploration & Drilling, Fracturing Fluid
2) By Application: Power Generation, Industrial, Residential, Commercial, Transportation

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Article Source: openPR
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