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Published: Mar, 2014 | Pages:
75 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)
The global market for shale gas is expected to reach USD 67.02 billion by 2020. Depleting conventional energy reserves across the globe has prompted the industry to shift focus towards developing alternative energy sources which is expected to remain a key driving factor for shale gas demand over the next six years. In addition, regulatory support for developing unconventional gases including shale gas is also expected to enhance commercialization over the forecast period. However, environmental concern, especially excessive usage and contamination of water during shale gas production process is expected to be a key challenge for industry participants over the next six years.
Power generation emerged as the leading application market for shale gas and accounted for 30.4% of total market volume in 2013. Environmental concerns regarding power generation via conventional energy coupled with regulatory support for development of unconventional energy sourcesfor power generation is expected to remain a key driving factor over the forecast period. However, transportation is expected to be the fastest growing application market for shale gas at an estimated CAGR of 10.8% from 2014 to 2020. Growing demand for alternative fuels such as compressed natural gas (CNG) and autogas (LPG) is expected to drive the demand for shale gas in transportation industry over the next six years.
Further key findings from the study suggest:
The global shale gas production was 10,826.6 bcf in 2013 and is expected to reach 18,211.3 bcf by 2020, growing at a CAGR of 8.3% from 2014 to 2020.
U.S emerged as the leading shale gas producing country and accounted for 91.8% of total market volume in 2013. The U.S. shale boom has changed the overall energy scenario of the nation, prior to shale gas development; the U.S. was a net importer of natural gas. However, due to rapid exploration and production activities of shale gas, U.S. for the first time in many years emerged as a net exporter of natural gas in 2012. However, Asia Pacific is expected to be the fastest growing producer for shale gas at an estimated CAGR of 66.7% from 2015 to 2020. The Chinese government has also been providing substantial support in form of financial incentives and tax benefits to companies operating in shale gas market in China which is expected to drive the market over the forecast period.
The global market for shale gas is highly competitive in nature and is led by top multinational oil & gas conglomerates which are present across the value chain. Conventional oil & gas companies coupled with companies focusing only on alternative energy forms the mix of the market. Shift in focus towards developing shale gas basins in China is expected to remain a key strategy for the market participants. Some of the leading companies in the global shale gas market include Anadarko Petroleum Corporation, Antero Resources, BHP Billiton, Cabot Oil & Gas, Chesapeake Energy Corporation, Devon Energy, Encana Corporation, Exxon Mobil Corporation, Reliance Industries Limited, Royal Dutch Shell, SM Energy, Statoil, Talisman Energy Inc. and Total SA among some other companies.
For the purpose of this study, Grand View Research has segmented the global shale gas market on the basis of application and region:
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
Table of Contents
Chapter 1. Executive Summary 1.1. Shale Gas - Industry Summary and Critical Success Factors (CSFs) Chapter 2. Shale Gas Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Shale Gas - Value Chain Analysis 2.4. Shale Gas Market Dynamics 2.5. Key Opportunities Prioritized 2.6. Industry Analysis - Porter's 2.7. Shale Gas - Company Market Share Analysis 2.8. Shale Gas Market PESTEL Analysis, 2012 Chapter 3. Shale Gas Application Outlook 3.1. Industrial 3.2. Power Generation 3.3. Residential 3.4. Commercial 3.5. Transportation Chapter 4. Shale Gas Regional Outlook 4.1. North America 4.1.1. United States 4.1.2. Canada 4.2. Asia Pacific Chapter 5 Shale Gas Competitive Landscape 5.1 Anadarko Petroleum Corporation 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 Antero Resources 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 BHP Billiton 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Cabot Oil & Gas 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Chesapeake Energy Corporation 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Devon Energy 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Encana Corporation 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Exxon Mobil Corporation 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 PetroChina 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 Reliance Industries Limited 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives 5.11 Royal Dutch Shell 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives 5.12 Sinopec 5.12.1 Company Overview 5.12.2 Financial Performance 5.12.3 Product Benchmarking 5.12.4 Strategic Initiatives 5.13 SM Energy 5.13.1 Company Overview 5.13.2 Financial Performance 5.13.3 Product Benchmarking 5.13.4 Strategic Initiatives 5.14 Statoil 5.14.1 Company Overview 5.14.2 Financial Performance 5.14.3 Product Benchmarking 5.14.4 Strategic Initiatives 5.15 Talisman Energy Inc 5.15.1 Company Overview 5.15.2 Financial Performance 5.15.3 Product Benchmarking 5.15.4 Strategic Initiatives 5.16 Total SA 5.16.1 Company Overview 5.16.2 Financial Performance 5.16.3 Product Benchmarking 5.16.4 Strategic Initiatives Chapter 6. Methodology and Scope 6.1. Research Methodology 6.2. Research Scope & Assumption 6.3. List of Data Sources List of Tables
Shale Gas - Industry Summary & Critical Success Factors (CSFs) Global Shale Gas Production Volume and Revenue, 2012 - 2020 (Bcf) (USD billion) Global Shale Gas Market Volume by Region, (Bcf), 2012 - 2020 Global Shale Gas Market Revenue by Application, (USD million), 2012 - 2020 Global Shale Gas Market Volume and Revenue for Industrial Applications, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume for Industrial Applications by Region, (Bcf), 2012-2020 Global Shale Gas Market Revenue for Industrial Applications by Region, (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue for Power Generation, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume for Power Generation by Region, (Bcf), 2012-2020 Global Shale Gas Market Revenue for Power Generation by Region, (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue for Residential Applications, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume for Residential Applications by Region, (Bcf), 2012-2020 Global Shale Gas Market Revenue for Residential Applications by Region, (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue for Commercial Applications, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume for Commercial Applications by Region, (Bcf), 2012-2020 Global Shale Gas Market Revenue for Commercial Applications by Region, (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue for Transportation Applications, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume for Transportation Applications by Region, (Bcf), 2012-2020 Global Shale Gas Market Revenue for Transportation Applications by Region, (USD billion), 2012-2020 U.S. Shale Gas Market Volume by Application, (Bcf), 2012-2020 U.S. Shale Gas Market Revenue by Application, (USD billion), 2012-2020 Canada Shale Gas Market Volume by Application, (Bcf), 2012-2020 Canada Shale Gas Market Revenue by Application, (USD billion), 2012-2020 Asia Pacific Shale Gas Market Volume by Application, (Bcf), 2012-2020 Asia Pacific Shale Gas Market Revenue by Application, (USD billion), 2012-2020 List of Figures Shale Gas Market Segmentation Global Shale Gas Market Revenue, 2012 - 2020 Shale Gas Market Dynamics Shale Gas Company Market Share Analysis Key Opportunities Prioritized Industry Analysis - Porter's Shale Gas PESTEL Analysis, 2012 Global Shale Gas Market Share, by Application, 2012 & 2020 Global Shale Gas Market Volume and Revenue from Industrial Application, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue from Power Generation, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue from Residential Application, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue from Commercial Application, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Volume and Revenue from Transportation Application, (Bcf) (USD billion), 2012-2020 Global Shale Gas Market Share, by Region, 2012 & 2020 U.S. Shale Gas Market Volume by Application, (Bcf), 2012-2020 U.S. Shale Gas Market Revenue by Application, (USD billion), 2012-2020 Canada Shale Gas Market Volume by Application, (Bcf), 2012-2020 Canada Shale Gas Market Revenue by Application, (USD billion), 2012-2020 Asia Pacific Shale Gas Market Volume by Application, (Bcf), 2012-2020 Asia Pacific Shale Gas Market Revenue by Application, (USD billion), 2012-2020
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