Research Global Shale Gas Market 2013 - 2019

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

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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...