Shale Gas Hydraulic Fracturing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Shale Gas Hydraulic Fracturing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : September, 2020 | Energy & Mining | PPT format

Report Digest


Global Shale Gas Hydraulic Fracturing Market: Snapshot

The global market for shale gas hydraulic fracturing is greatly influenced by the increasing demand for crude, thanks to the rapid industrialization across the world. Nowadays, the entire world is highly dependent on unconventional energy resources, of which shale gas is an important part. As per analysts at TMR Research, the production of shale gas in North America and China will gain significant impetus in the years to come, reaching a peak level by the end of 2025. The U.S. is anticipated to bring in a number of innovative circumstances and various lucrative opportunities for market players on account of the rising usage of comparatively cheaper energy resources. Players, leading the global shale gas hydraulic fracturing market, are anticipated to involve more in strategic partnerships in the near future in a bid to expand their reach across various regions.

North America is anticipated to lead the worldwide market for shale gas in the near future in terms of sales. At present, this region holds more than two-third of the overall market in terms of the volume and the value. The increasing dominance of the U.S. in shale gas hydraulic fracturing is revolutionizing the overall energy scenario of North America and also account for a strong effect on the energy domain, worldwide. The US is projected to be the global leader in the market for shale gas hydraulic and fracturing on the basis of technology, development, exploration, manufacturing, and export of shale gas in the years to come, translating into the dominance of North America on the global market.

Shale Gas Hydraulic Fracturing Market: Overview

Hydraulic fracturing technique is increasingly becoming popular as the choice of technique used for the extraction of shale gas. Technological advancements in this field have enabled easy extraction of shale gas. In this process, hydraulic fracturing is formed by injection of fracturing liquid at high temperature and pressure inside the wellbore so that it can fracture the rock. This form of stimulation needs to be carried out once and this helps boost the productivity of the well.

Shale Gas Hydraulic Fracturing Market: Trends and Opportunities

One of the key factors boosting the growth of the global shale gas hydraulic fracturing market is the staggering increase in the demand for crude oil. The demand for crude oil has been increasing with the rise in the urbanization and industrialization in the world. The high demand for oil and with it the depleting resources of conventional oil and gas reserves have shifted the focus towards unconventional reserves and this will have a positive bearing on the global shale gas hydraulic fracturing market. Governments across countries such as the U.S. and China have introduced financial aids, tax incentives, and FDI or foreign direct investment provision. All these efforts and initiatives taken by government for the hydrocarbon sector will boost the growth of the global shale gas hydraulic fracturing market.

On the other hand, the environmental impact these processes have, is expected to pose a challenge. The high cost will be another factor that may restrict the growth of the market. The technique faces bans in countries where the environmental impact of this method can trigger earthquakes or ground water and surface water  contamination risk. 

Shale Gas Hydraulic Fracturing Market: Regional Outlook

The leading regional market for shale gas hydraulic fracturing is North America, and this is anticipated to continue even in the years to come on account of the rising exploration and production of shale gas and other unconventional resources. The availability of resources including manpower and advanced technology is also favouring the growth of the North America shale gas hydraulic fracturing, with the U.S. in the forefront. China is another extremely lucrative regional market for shale gas hydraulic fracturing. The country holds nearly double the amount shale gas as that of the U.S. Russia is the leading market for shale gas hydraulic fracturing in Europe, driven by the growing investigation of hydrocarbon reserves. The Middle East and Africa market for shale gas hydraulic fracturing is anticipated to be led by Saudi Arabia.

Competitive Landscape

The global shale gas hydraulic fracturing market is consolidated and features a large number of players across the value chain. The leading players within the global hydraulic fracturing market are: EOG Resources, Range Resources, ExxonMobil, Chesapeake Energy, Rice Energy, Chevron, CONSOL Energy, Anadarko Petroleum, EQT, Occidental Petroleum, Marathon Oil, Devon Energy, BHP Billiton , CNPC, Yacimientos Petroleiferos Fiscales, and Sinopec.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?