Unconventional Gas Market Poised to Grow at a CAGR of 4% by 2024

Unconventional Gas Market Poised to Grow at a CAGR of 4% by 2024


Infinium Global Research has added a new report on Unconventional Gas Market. The report presents analysis of global as well as regional markets of Unconventional Gas Market over the period of 2018 to 2024. Unconventional Gas Market is a natural gas obtained from the sources that are considered new and different. Unconventional Gas Market refers to natural gas that requires advanced production methods. Main types include gas within tight pore spaces, shale gas and coal bed methane and gas that is trapped in ice on the sea floor such as gas hydrates. Like conventional natural gas, Unconventional Gas Market is principally composed of methane, a powerful but short-lived greenhouse gas. Conventional gas reservoirs largely consist of porous sandstone formations covered by resistant rock, with the gas stored at high pressure.



Decreasing dependence on exhausting conventional resources is one of the major factor driving the growth of Unconventional Gas Market. However, excessive utilization and contamination of surface water and high production cost are some of the factors restraining the growth of the market .Regulatory support of china and U.S are anticipated to increase the production of Unconventional Gas Market over the years to come. Among the geographies, U.S emerged as the major producer of Unconventional Gas Market owing to the huge reserves and technological advancements. Asia Pacific is anticipated to be the fastest growing market for shale gas. However, Europe is slowly catching up with the current shale gas development as countries including Britain, Poland and Germany among others are permitted for shale gas production. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global Unconventional Gas Market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2018 and estimated for forecast period of 2018-2024.

 

 

Get 15% discount for early purchase of global Unconventional Gas Market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1556

 

The recent report identified that North America dominated the global Unconventional Gas Market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the Unconventional Gas Market world wide.

The report segments the global Unconventional Gas Market on the basis of Types and Applications.

 

Global Unconventional Gas Market by Types

·         Shale Gas

·         Tight Gas

·         Coalbed Methane

 

Global Unconventional Gas Market by Applications

·         Industrial

·         Residential

·         Commercial 

·         Power Generation

·         Transportation 

 

Companies Profiled in the Report

·         Shell

·         PetroChina

·         Exxon Mobil

·         Devon Energy

·         Chesapeake Energy

·         BHP Billiton

·         BG Group

·         Arrow Energy

·         Anadarko

 

About Infinium Global Research

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