Shale Gas Market Research Sales, Forecast, Regional, Trends and Analysis in 2020

Shale Gas Market Research Sales, Forecast, Regional,
Trends and Analysis in 2020
“The commercial application of the market is also expected to
grow at CAGR of around 5.3% from 2014 to 2020 to reach
approximately USD 10 billion by 2020. This Research Report
categorizes the Global Shale Gas Industry by Companies, Region,
Application, Type and end-use Industry.”
The increasing need for energy and diminishing conventional gas reserves, the demand for unconventional
sources such as CBM, shale gas, gas hydrates and tight gas has experienced a significant leap in the past decade.
Shale gas is the form of natural gas derived from underground shale deposits through hydraulic fracturing and
horizontal drilling.
Shale gas is one of the popular conventional energy sources as it emits less carbon compared to other fossil
fuels such as coal and hence, and hence is expected to become the major fuel replacing coal and other fossil
fuels provided its production increases in the near future.
Regarding end-users, shale gas market is segmented into industrial, commercial, power generation,
transportation, and residential. Owing to its low price compared to other fossil fuels, the market is anticipated
to replace conventional sources such as coal, nuclear and hydro especially in chemical, fertilizer and hydrogel
production industries.
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Global conventional energy reserves are not able to fulfill the demand owing to developing per capita
consumption of energy in developing countries majorly in Asia-Pacific. Till now, shale gas production is limited
to North America such as Canada and U.S. In Asia Pacific region production started in 2015 as large shale gas
reserves have been discovered. Foreign investors also have recently ventured the market along with entering
into various mergers and acquisitions with companies to utilize the potential in this region.
The key factors driving the market are anticipated to be the abundance of shale gas globally however yet not
matured reserves in several locations such as India and Indonesia, improved supply and distribution network,
enhanced drilling technology and decline in prices of conventional energy sources.
However, the involvement of higher capital investment for shale gas exploration and production, and other
issues such as water contamination on hydraulic fracturing are expected to restrain the industry growth over
the forecast period. Also, other environmental issues such as methane release owing to hydraulic drilling and
public opposition have hindered the market mostly in the European countries such as Poland and France.
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Also, various energy and government agencies globally have initiated many programs for developing and
producing shale gas. Some of these agencies are Energy Information Administration (EIA) U.S., Gas Shale in
Europe (GASH), German Research Centre for Geosciences (GFZ). Recently, countries such as China, Poland,
Jordan and India have participated in the initiative program.
Application Insights:
Industrial, residential, commercial, transportation and power generation are the key application sectors. In
2013, power generation was the major application segment accounted for more than 30% of total volume of
shale gas produced. The main factors driving product demand in this segment is the abundance and low carbon
footprint of shale gas over coal and crude oil.
Environmental concerns and regulatory support for the use of conventional sources of energy is yet another
factor to drive shale gas demand in this power generation industry. Industries in Canada and U.S. are slowly
shifting their focus towards the utilization of shale gas replacing the conventional gases. Growing demand
against LPG and CNG as the alternative transportation fuel is another important reason responsible for its
increase in consumption in the past few years and this trend is expected to continue over the forecast period.
This will develop transportation to be the fastest growing application with a projected at a CAGR of 10.8% from
2014 to 2020.

The commercial application of the market is also expected to grow at CAGR of around 5.3% from 2014 to 2020
to reach approximately USD 10 billion by 2020.
Regional Insights:
In the present industry scenario, Canada and U.S. are the major producers of shale gas. These two countries
produced almost 92% of the total volume in 2013. Earlier to shale gas, U.S. was the largest importer of natural
gas. Later on, owing to rapid production and exploration activities, U.S. emerged as the major exporter for the
market followed by Canada estimated over 8.2% of the gas extracted in 2013.
China accounted 30 million cbf output by 2012 and increased its production to 200 million cbf till 2013. As per
estimates, China has a huge amount of shale gas reservoirs and discovers great market potential. The Chinese
government is also supporting tax leverage and financial benefits to the shale gas companies.
APAC is anticipated to be the emerging market with a CAGR of over 66% from 2015 to 2020. Europe in more
than 14 countries including Germany, Poland and France is also is also anticipated to increase production of
shale gas over the forecast period owing to the abundant availability of reserves which are in the initial maturity
stage.
Competitive Insights:
Global shale market is being dominated by top gas & oil producing multinationals spread through the value
chain creating the market highly competitive. Key market players have already entered into various acquisitions,
collaborations, joint ventures and partnerships to sustain the competitive market.
Some of the market leaders are Anadarko Petroleum Corporation, BHP Billiton, Exxon Mobil Corporation, Royal
Dutch Shell, Reliance Industries Limited, Cabot Oil & Gas, SM Energy, and Talisman Energy Inc. among some
other companies.
Market Segment:
Global Shale Gas Application Outlook (Volume, Bcf; Revenue, USD billion)
• Industrial
• Power Generation
• Residential
• Commercial
• Transportation

Shale Gas Regional Outlook
• North America
• U.S.
• Canada
• Asia Pacific
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