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Transparency Market
Research
Global Shale Gas Market - Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019
Published Date
2014-04-22
89 Page Report
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Press Release
Shale Gas Market is expected to Reach 17,201.6 Bcf Globally by
2019
Transparency Market Research
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Global Shale Gas Market
REPORT DESCRIPTION
Transparency Market Research published a new report titled as “Shale Gas Market: Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019," which stated that the global shale gas
production was 10,138.2 Bcf in 2012 and is expected to reach 17,201.6 Bcf by 2019, growing at a CAGR of
7.9% from 2013 to 2019.
Browse: Global Shale Gas Market
Shale gas is a type of unconventional gas that is trapped within organic-rich shale formations. It is
extracted through a combination of hydraulic fracturing and horizontal drilling techniques that allows a
large volume of shale gas to be produced. The global demand for shale gas is constantly increasing due to
the rising depleting energy reserves all over the world. The world’s focus is now on unconventional sources
of energy that are cost-effective and more on the natural side. Shale gas is the best illustration in this
revolution.
The wide economical production of shale gas has bolstered immense growth in the natural gas industry in
the U.S. Currently, the U.S. dominates the shale gas market in terms of production, as well as revenue, but
contamination of surface water and cost of production are expected to hinder the growth in this market in
the near future. Shale gas in the U.S. accounts for 36 percent of total natural gas production in the country.
The market study in this report focuses on estimates and forecasts of the global shale gas market in terms
of...