Trends Shaping The Shale Gas Market, 2025-2030: Industry Eyes New Reserves For Future Opportunities

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 29, 2025 (GLOBE NEWSWIRE) -- The "Shale Gas - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025-2030)" report has been added to ResearchAndMarkets.com's offering.The Shale Gas Market size in terms of production volume is expected to grow from 0.88 trillion cubic meters in 2025 to 1.08 trillion cubic meters by 2030, at a CAGR of 4.2% during the forecast period (2025-2030). Over the medium term, factors such as proved shale gas reserves and the recent technological interventions in horizontal drilling and hydraulic fracturing are expected to drive the market in the long term. On the other hand, volatility in the oil market with prices below the shale gas production cost and high exploration cost are two critical restraints in the market. Nevertheless, the discovery of new shale gas reserves are expected to create several opportunities for the market in the future. North America is expected to be the largest market in the forecast period, owing to its large-scale production of shale gas in the region. The United States is expected to lead shale gas production in the area. The shale gas market is semi fragmented. Some of the key players in this market (in no particular order) includes Chesapeake Energy Corporation, Shell PLC, ExxonMobil Corporation, PetroChina Company Limited, and ConocoPhillips Company, among others. Shale Gas Market Trends Increasing Environmental Concerns to Restrain the Market Methane gas emissions during the drilling process pose potential air pollution risks. Additionally, incorrect disposal of large volumes of chemically treated water used in hydraulic fracturing operations can potentially cause severe surface water contamination. This has attracted criticism from environmental protection bodies and NGOs around the world. Due to its impact on health and farming, local farmers and residents have repeatedly opposed hydraulic fracturing. Additionally, a typical fracking well requires approximately 2-10 million gallons of water during fracking operations, which puts additional strain on the water supply, particularly in drought-prone regions. In 2022, North America and Asia-Pacific recorded the world's highest carbon dioxide emissions. While Europe, the Middle East, and Africa tend to have the lowest emission. The global carbon dioxide emissions from fossil fuels and industry totaled 37.15 billion metric tons in 2022. Emissions are projected to increase by 1.1 percent in 2023 to reach a record high of 37.55 billion metric tons. Since 1990, global CO2 emissions have increased by more than 60 percent. Recently in West Texas of the United States, where the Permian Basin (expected to drive the growth of shale gas activities in the United States) is located, shale gas companies faced opposition and criticism from the farmers due to the water shortage. The United States Geological Survey (USGS) blamed shale gas activities for the increase in earthquakes in recent times in certain parts of the Central and Eastern United States that are well-known for oil and gas extraction. Thus, the increasing environmental concerns are expected to restrain the market during the forecast period. North America to Dominate the Market The United States is the largest producer of shale gas in the world. Different countries, such as Brazil, Canada, China, and Argentina, have tried to emulate the American shale boom but have not been able to succeed. However, large progress has been made in China, but due to the difficulties posed by the unstable reservoirs, shale gas production may only rise slightly in the forecast period. According to U.S. Energy Information Administration (EIA) in 2022, U.S. dry natural gas production from shale formations was about 28.5 trillion cubic feet (TCF) and equal to about 80% of total U.S. dry natural gas production in gas production may increase further due to new wells being drilled across the country. While Canada is known to have significant conventional gas reserves, and the country was a key supplier of natural gas to the United States for decades until the recent shale boom in the country. However, with conventional natural gas sources in decline, Canada's industry is turning to unconventional sources, including shale gas. Many oil and gas companies are now exploring and developing shale gas resources in Alberta, British Columbia, Quebec, and New Brunswick, which may balance the difference in shale gas production in the coming future. An Energy Information Agency (EIA) estimation shows that the current scenario of the region may demand more natural gas supply during the forecast period, which may attract investment in the exploration and production of shale gas. Hence, North America is expected to dominate the market due to the overwhelming production of shale on the continent. Key Topics Covered 1 INTRODUCTION 1.1 Scope of the Study1.2 Market Definition1.3 Study Assumptions 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET OVERVIEW 4.1 Introduction4.2 Shale Gas Production and Forecast4.3 Recent Trends and Developments4.4 Government Policies and Regulations4.5 Market Dynamics4.5.1 Drivers4.5.1.1 Proven Shale Gas Reserves4.5.1.2 Technological Advancement in Horizontal Drilling and Hydraulic Fracturing4.5.2 Restraints4.5.2.1 High Exploration Cost4.6 Supply Chain Analysis4.7 Porter Five Forces 5 MARKET SEGMENTATION 5.1 Geography5.1.1 North America5.1.1.1 United States5.1.1.2 Canada5.1.1.3 Rest of North America5.1.2 South America5.1.2.1 Brazil5.1.2.2 Argentina5.1.2.3 Chile5.1.2.4 Colombia5.1.2.5 Rest of South America5.1.3 Asia-Pacific5.1.3.1 China5.1.3.2 India5.1.3.3 Japan5.1.3.4 Australia5.1.3.5 Malaysia5.1.3.6 Thailand5.1.3.7 Indonesia5.1.3.8 Vietnam5.1.3.9 Rest of Asia-Pacific5.1.4 Europe5.1.4.1 Germany5.1.4.2 France5.1.4.3 United Kingdom5.1.4.4 Italy5.1.4.5 Spain5.1.4.6 NORDIC5.1.4.7 Turkey5.1.4.8 Russia5.1.4.9 Rest of Europe5.1.5 Middle-East and Africa5.1.5.1 United Arab Emirates5.1.5.2 Saudi Arabia5.1.5.3 Qatar5.1.5.4 South Africa5.1.5.5 Nigeria5.1.5.6 Egypt 6 COMPETITIVE LANDSCAPE 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Strategies Adopted by Leading Players6.3 Company Profiles6.3.1 Antero Resources Corp.6.3.2 Southwestern Energy Company6.3.3 EQT Corporation6.3.4 Equinor ASA6.3.5 Repsol SA6.3.6 China Petroleum & Chemical Corporation (SINOPEC)6.3.7 Chesapeake Energy Corporation6.3.8 Shell PLC6.3.9 ExxonMobil Corporation6.3.10 Chevron Corporation6.3.11 PetroChina Company Limited6.3.12 ConocoPhillips Company6.3.13 Pioneer Natural Resources6.4 Market Player Ranking 7 MARKET OPPORTUNITIES AND FUTURE TRENDS 7.1 Discovery of New Shale Gas Reserves For more information about this report visit About is the world's leading source for international market research reports and market data. 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