Global Unconventional Gas Market , By Type (Shale Gas, Tight Gas, Coalbed Methane), By Application (

Published Date: | Report Code : EP1958658

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Market Dynamics

Rapidly rising energy demand is expected to drive the growth of the Global Unconventional Gas market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Unconventional gas is generally produced from coal seams, shale rocks, and rocks with low permeability. The same properties of gas produced from conventional are seen in these gas which is produced from these reservoirs, i.e. sedimentary reservoirs with high porosity and permeability. Unconventional gas usually has high levels of natural gas liquids, low or high levels of carbon dioxide, and high and low levels of sulfur

The global unconventional gas market is segmented on the basis of type and application.

Segment Analysis

On the basis of type, it is segmented into shale gas, tight gas, and coal bed methane. Shale gas is most widely used and preferred owing to its easy availability. Shale gas is generally explored from shale rocks or deposits underneath the earth through multistage hydraulic fracturing and horizontal drilling.

By application, it is segregated into, industrial, power generation, residential, commercial and transportation. The industrial sector majorly uses unconventional gas in accordance with the rapid industrialization. There has been a significant rise in the demand of unconventional gas from the power generation and residential sector as well

Key Factors Impacting Market Growth:

  • Increase in the number of vehicles, industries and lighting up homes

  • Rapidly rising energy demand

  • Depleting conventional gas reserves

Key Development:

  • In the year 2017, the Chinese government, several state departments, including the National Development and Reform Commission, have proposed to promote natural gas exploration in order to make natural gas a major resource in the year 2017.

  • TechnipFMC plc. launched the Surface International Facility Center in Abu Dhabi, the UAE in December 2017,

Regional Analysis

The regional outlook for the global unconventional gas market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for the global unconventional gas market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of the global unconventional gas market in these regions. Some of the major countries covered in this region include the US, Germany, UK, France, Italy, Canada, and so on. The Asia Pacific is estimated as one of the fastest-growing regions for the global unconventional gas market during the forecast period. Some of the fastest-growing economies and increasing demand for energy & power to cater to high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. The rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Baker Hughes, a GE company (BHGE), Schlumberger Limited, Royal Dutch Shell plc., Chevron Corporation, ExxonMobil Corporation, Total S.A., Halliburton Inc., Weatherford International Plc., National Oilwell Varco, BP plc., Emerson Automation Solutions, and TechnipFMC plc.

Market Segmentation:

By Type:

  • Shale Gas

  • Tight Gas

  • Coal bed Methane

By Application:

  • Industrial

  • Power Generation

  • Residential

  • Commercial

  • Transportation

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the Global Unconventional Gas Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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