2 Sep
2014
There has been a vast increase in usage of natural gases as the green environment & infrastructure policies are on the rise like never before. From the time of its discovery in 1821, shale gas has been on the rise; especially after the millennium. In 2000, 1% of natural gas production was derived from shale formations and in 2010; it provided 20% of U.S. natural gas production. The rapid growth in usage of this form of natural gas has gathered world’s attention to the potential of shale gas market. Thus it needs to be explored by many industries across the globe.
The drivers as per the report-
Restraints of the market -
"Shale gas, as potent alternative source of natural gas, is expected to shake up the global energy market in the coming years. The availability of large number of shale plays, which is estimated at 6,148 tcf in total, is presenting opportunity for marketer", state AMR analysts Apurva Sale and Guru Mallick. "Technological advancements vis-à-vis the exploration and extraction of shale gas are enabling corporations to gain strategically advantageous positions in the competitive market", add the analysts.
Applications of shale gas-
Power generation sector is expected to be benefited the most out of all, as shale gas would act as a cost-effective alternative ensuring low cost of electricity.
As per the report, Asia pacific looks to be the most promising region due to its number of shale reserves and advanced extracting technology. European countries would play a back-hand, coping with regulatory difficulties.
Key companies profiled in the report are-
Ranjan Singh
Research Analyst at Allied Market Research
Ranjan has over 4 years of experience in market research and consulting across multiple domains which include technology, FMCG and durable consumer goods, heavy machinery, and automotive. He has hands on expertise in predictive and exploratory research projects for studying regional and global demand potential, market estimation & forecast, perceptions; analyzing macro and micro markets in terms of key gaps and opportunities. Ranjan is part of multiple consulting as well as syndicated report assignments and is actively involved in all the stages of project completion from planning, execution to delivery as per clients satisfaction.
What are the factors that help Growing Investments In Artificial Intelligence Systems? Download the sample report:… https://t.co/X7xTZLLeqb
1 0
Why plant-based drinks among the young population are expected to contribute to the green tea market growth in the… https://t.co/U9nXNK8GbV
2 1
Walmart Inc collaborated with Schneider Electric, which deals in energy management solutions, in September 2020! Ge… https://t.co/2vvwHCF2qf
0 0
@Walmart Inc collaborated with @SchneiderElectric, which deals in energy management solutions, in September 2020! G… https://t.co/eMa6jU5k1C
0 0
The travel bags segment was the highest contributor to the global travel accessories market! Get the sample report:… https://t.co/nY1euornEC
1 2
Development and Usage of Biopolymers to Witness an Upward Curve
Major Types Of Protective Clothings And Their Importance In The Todays World
The future of medical care lies with the advanced patient monitoring systems
Brain-Computer Interface, a Remarkable Advancement in the Healthcare Sector
Eyelash Serum: Growing Popularity of Beauty Products among Millennials to Drive Demand
Strategic Partnerships to Offer Widespread Home Warranty Services
Most Promising Technologies In The Solar Power Equipment And Solar Power Energy Generation
Sports Apparel To Become Greener: Use Of Sustainable Materials Gains Importance
Opening of New Family/indoor Entertainment Centers in the U.K. Speeds Up