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.
The global shale gas market is expected to reach $99.99 billion in 2025 at a CAGR of 12.92%.
Business Strategy Analysis And Forecast Report
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The Business Research Company offers “Shale Gas Global Market Report 2020-30: COVID-19 Growth And Change” in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trend s and strategies that players in the market can adopt.
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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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