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The shale gas market size is forecast to increase by USD 20.36 billion at a CAGR of 5.31% between 2023 and 2028. The market is experiencing significant growth, driven by the advantages associated with shale gas, including its abundance and lower greenhouse gas emissions compared to coal. Exploration activities are on the rise, with major drivers being the advancements in drilling technology and the increasing demand for ethylene volumes. However, challenges persist, including regulations surrounding the drilling process and concerns over water contamination from incorrect disposal of chemically treated water used in hydraulic fracturing. Methane gas leakage during the drilling process is another issue that requires attention. Despite these challenges, the market is expected to continue its growth trajectory due to the economic benefits of shale gas production and the ongoing innovation in drilling technology.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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