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The significant factors contributing to the growth of the shale gas market include emerging demand for energy, reducing conventional gas reserves, and growing inclination towards unconventional natural gas reserves, such as shale gas. Moreover, the significant increase in the number of shale reserves across the globe and rising trend of using shale gas as an energy resource in several industries, including power generation, residential, industrial, commercial, transportation, is surging the growth of the market.<br><br>Visit:u00a0https://www.gmiresearch.com/report/shale-gas-market/
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Report Title Shale Gas Market – Global Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1
The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape. Top Companies of the Shale Gas Market: •3legsresources •Beach Energy Limited •BNK Petroleum Inc. •Chesapeake Energy Corporation •Chevron Corporation •Baker Hughes Company •ConocoPhillips •Devon Energy Corporation •LNG Limited •Marathon Oil Corporation Drivers of the Shale Gas Market: The significant factors contributing to the growth of the shale gas market include emerging demand for energy, reducing conventional gas reserves, and growing inclination towards unconventional natural gas reserves, such as shale gas. Moreover, the significant increase in the number of shale reserves across the globe and rising trend of using shale gas as an energy resource in several industries, including power generation, residential, industrial, commercial, transportation, is surging the growth of the market. 2
Technological advancement in shale drillings, such as the launch of horizontal drilling and hydraulic fracturing and the growing trend of natural gas production from shale formations in domestic energy exploration and production, is further fuelling the growth of the shale gas market. Shale gas has cleaner-burning and emits less carbon content in comparison to coal. Thus, it is used as a cleaner energy option for power generation and heat. On the other hand, swift water supply issues, leakage of greenhouse gases during extraction, and the pollution caused by natural gas's improper processing will restrain the market in the upcoming years. Segmentation of the Shale Gas Market: By Technology: •Exploration & Drilling •Fracturing Fluid By Application: •Power Generation •Industrial • Residential •Commercial •Transportation By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom 3
oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4