Global Unconventional Gas Market to Grow at a CAGR of 5.4% over the Period 2014-2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Unconventional Gas Market 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 04/21/2015 --Report forecast the Global Unconventional Gas market to grow at a CAGR of 5.4 percent over the period 2014-2019.
Unconventional gas is a type of natural gas resource trapped in coal beds, shale blocks, and tight sands. This gas resource is different from conventional sources in terms of reservoirs, geographical areas, and accumulation of natural gas. For the extraction of unconventional gas, different techniques are applied depending on the field and type of gas extracted. One common method is hydraulic fracturing, where a hole is drilled into the rock and large amounts of water are injected at high pressure along with sand and other chemicals to create cracks in the rock. The cracks, when opened, will free the trapped gas, allowing it to flow to the wellhead.
The report covers the present scenario and the growth prospects of the Global Unconventional Gas market for the period 2015-2019. It includes the segmentation of the Global Unconventional Gas market on the basis of type of unconventional gas and end-users.
According to the report, exhaustion of conventional gas reserves is one key factor driving the market. As conventional gas resources get depleted, governments worldwide are shifting their focus to alternative sources of energy, thereby propelling the growth of the market.
Further, the report states that volatility in gas prices is a major challenge that may directly hamper the growth of the market. With operations in the Global Unconventional Gas market being capital-intensive, a dip in prices impacts revenues, exhausts credit limits, and adds to market debt.
The Global Unconventional Gas Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Unconventional Gas market landscape and its growth prospects in the coming years. The report includes the geographical segmentation of the Global Unconventional Gas market. The report includes a discussion of the key vendors operating in this market.
Key players in the Global Unconventional Gas Market: Arrow Energy Pty Ltd., BG Group plc, British Petroleum plc (BP), Chesapeake Energy Corp. and Chevron Corp.
Other Prominent Vendors in the market are: Dart Energy, Devon Energy, ExxonMobil and Royal Dutch Shell
Market Driver
- Exhaustion of Conventional Gas Reserves
- For a full, detailed list, view our report
Market Challenge
- Volatility in Gas Prices
- For a full, detailed list, view our report
Market Trend
- Rapid Technological Advancements
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 89 pages, "Global Unconventional Gas Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Type, Market Segmentation by End-users, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-unconventional-gas-market-2015-2019
Find all Natural Gas Reports at: http://www.marketresearchreports.com/natural-gas
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