Shale Gas Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Shale Gas Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Shale gas market is expected to witness considerable growth over the forecast period owing to

increasing application in industrial, residential, power generation, transportation, and commercial.

Depleting reservoirs coupled with growing energy demand are the major factor driving the global shale

gas market over the forecast period.

Shift in trend toward the use of unconventional gases is further likely to complement the market

growth. Growing energy demand cannot be met with the supply of conventional gases. Unconventional

gases are alternative source of energy. Shale gas production is highly concentrated in U.S. and Canada,

and the trend is expected to continue in this region over the foreseeable period.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Environmental concerns over drilling coupled with excessive water usage are expected to hamper the

market in Europe. Increasing crude oil prices have led to shift in focus toward unconventional source of

energy. This trend is expected to drive the global shale gas market over the next six years. Favorable

government regulation regarding shale exploration to meet the global energy demand is further likely to

compel the market growth in near future.

Power generation is the major application segment of shale gas. Favorable regulatory system regarding

use of unconventional gas coupled with environmental issues regarding conventional energy form of

power generation is expected to be the major factor driving the market over the foreseeable period.

Shift in focus toward use of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LPG) in

Transportation is further likely to complement the global shale gas market....