Global Shale Oil Market 2018-2022

To identify growth opportunities in the shale oil market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2017-2022. ROW will grow faster than the overall market. The growth of the Americas will be slower than the global market.

Below are some of the key findings from the shale oil market research report

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Global shale oil industry overview

The rise in unconventional oil and gas resources will be one of the major factors driving the growth of the shale oil market size in the forthcoming years. Unconventional oil and gas resources refer to crude oil and natural gas found in shale formations and oil sands. Unconventional energy sources have received substantial impetus in the past decade. They were explored as the easily available crude oil in the formations which started depleting, resulting in rise in production of oil and gas from these unconventional sources, especially from the US and Canada.

The use of supercritical carbon dioxide in shale oil fracking is one of the most significant shale oil market trends. Shale oil formations require fracking of sedimentary rock to release natural gas to the well. Shale oil wells use freshwater and chemicals that can contaminate the groundwater. Non-aqueous fracking fluids like supercritical carbon dioxide have been successfully tested as a replacement for water. This technology reduces dependence on millions of gallons of water and solves the problem of neutralizing the toxic water produced. The use of supercritical carbon dioxide will lead to increased gas production while lowering the environmental impact. Shale oil market forecast predicts that fueled by these factors, the market will grow at a CAGR of 5% during the forecast period.

Top shale oil companies covered in this market research report

The shale oil market is moderately fragmented. The competition among the players in the shale oil industry will intensify during the forecast period, with companies focusing on adopting innovative oil drilling techniques to gain an advantage over the other players. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this shale oil market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the expanding shale oil market size.

The report offers a detailed analysis of several shale oil companies, including:

• BP
• Chevron
• ConocoPhillips
• Exxon Mobil
• Royal Dutch Shell
• Statoil

Shale oil market segmentation based on geographic regions

• Americas
• RoW

The shale oil market analysis reveals that the rest of the world (RoW) holds the maximum growth opportunity. While the Americas will continue to dominate the shale oil market share, RoW region will account for the highest growth of this market during the forecast period.

Shale oil market segmentation based on end users

• Industrial
• Transportation
• Residential & commercial

The industrial end-user segment will continue to lead the shale oil market share and account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the shale oil market size.

Key highlights of the global shale oil market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the shale oil market during the next five years
• Precise estimation of the global shale oil market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the shale oil industry across the Americas and the rest of the world (RoW)
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of shale oil companies