July 10,2013 : Bharat Book Bureau presents the new report, on 'The Shale Gas Market 2013-2023' The shale gas industry has seen significant growth in the North American market changing the dynamics of natural gas trading in the region. The combination of horizontal drilling and hydraulic fracturing to extract gas from low permeability rock sources has presented a major new energy source, which has significantly reduced the need for natural gas imports to the US. Nations across the world are now looking at the possibility of tapping into this resource to supplement domestic gas consumption or even for export. As a consequence, visiongain has determined that the value of the global shale gas market in 2013 will reach $33.2bn.
The shale gas market is currently dominated by the US as this is where the technology to develop shale was pioneered. The US also has a number of favourable characteristics that have helped promote the speed of shale gas production. However, this has created a distinctly two tier market between the nations with an established shale gas market, and less mature and more rapidly developing markets.
Investment in shale gas exploration outside of North America will grow strongly over the next decade while the US and Canadian markets will maintain their position as the epicentre of shale gas investment. This report provides in-depth analysis of the emerging international shale gas market and gives insights into the unique characteristics of each national market and its growth potential.
What makes this report unique?
Visiongain consulted widely with industry experts to identify key aspects and trends in the shale gas market. Capital expenditure figures were collected for all major companies in the market to create a basis for the forecast. As such, our reports have a unique blend of primary and secondary research providing informed opinion. The report provides insight into key drivers and restraints behind technological and programme developments, as well as identifying leading companies. The report also provides a unique blend of qualitative analysis combined with extensive quantitative data including global and national markets forecasts from 2013-2023 - all highlighting key business opportunities.
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