Shale Gas Hydraulic Fracturing Market 2017 Outlook, Current and Future Industry Landscape Analysis 2027

 The shalegas hydraulic fracturing markets in Canada, US, and China are expected to individually register impressive growth over a 10-year forecast period. While US is anticipated to remain the global leader, China is foreseen to be a lucrative region thriving at the fastest CAGR value. In terms of volume, the US market that represented a production volume of 18,059 BCF in 2017 is estimated to grow at a 9.8% CAGR through to 2027, whereas the 317.6 BCF Chinese market is likely to witness a stellar CAGR of 21.2%. Canada’s shale gas hydraulic fracturing volume was 213.3 BDF in 2017, which is expected to reach up by a CAGR of 8.4% over 2017-2027.

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The world today is dependent more on unconventional energy resources, including shale gas. It is presumed that by the end of 2027, the development of shale gas in the top regions across the world, i.e. North America and China, will gain robust traction in the coming decade, reaching a peak level. The US is likely to bring in innovative opportunities and promising circumstances for players, owing to increasing use of relatively cheaper energy resources. This region is projected to lead the global industry for shale gas in terms of sales and currently holds over two-third of the market in terms of value and volume.

Dominance of the US in shale gas hydraulic fracturing thus revolutionizes North America’s overall energy scenario and also holds a strong impact on the global energy domain. In terms of technology, exploration, development, production, and export of shale gas, the US will be the global leader throughout 2017-2027.

Over the past few years, the U.S. and Canada have experienced revolutionary production of natural oil and gas. North America has started generating energy from (cheaper) unconventional sources. The U.S. shale gas hydraulic fracturing is not only changing the country’s energy scenario, but has also affected the energy domain globally. The third market analyzed in the report is China, which is projected to witness the maximum growth over the assessment period 2017-2027. The shale gas production has expanded the use of natural gas in electricity generation and transportation. Shale gas hydraulic fracturing is one of the most popular methods of extracting trapped natural gas or oil through fracturing of shale rock, which improves the flow of the natural gas or oil to be recovered.

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Market Taxonomy

Future Market Insights’ report on Canada, US, and China’s shale gas hydraulic fracturing markets on the basis of technology and application.

 

By technology

 

• Plug and perforation

 

• Sliding sleeve

 

By application

 

• Power generation

 

• Industrial

 

• Residential

 

• Commercial

 

• Transportation

 

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Table Of Content

1. Executive Summary

2. Market Introduction

3. Market Viewpoint

4. The U.S. Shale Gas Production Scenario and Outlook 

5. Forecast Factors: Relevance and Impact 

6. Forecast Assumptions

7. U.S. Shale Gas Hydraulic Fracturing Market Analysis 2012–2016 and Forecast 2017–2027

8. Canada Shale Gas Hydraulic Fracturing Market Analysis 2012–2016 and Forecast 2017–2027

9. China Shale Gas Hydraulic Fracturing Market Analysis 2012–2016 and Forecast 2017–2027

10. Global Shale Gas Hydraulic Fracturing Production and Consumption Outlook

11. Competition Landscape

12. Assumption & Acronyms Used

13. About FMI & Analyst Profile

14. Research Methodology