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Category: Business and Industry
Date Submitted: 09/29/2015 02:43 AM
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.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/shale-gasindustry/
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....