Shale Gas Processing Equipment Market By Component (Electrical Machinery, Internal Combustion Engines, Compressors & Pumps, Measuring & Controlling Devices, Heat Exchangers and Others), By Process (Distillation, Pyrolysis, Reheating, Cracking, and Chemical Treatment), By Company, By Region, Forecast & Opportunities, 2026
Published on: 2024-12-07 | No of Pages : 320 | Industry : Power
Publisher : MIR | Format : PDF&Excel
Shale Gas Processing Equipment Market By Component (Electrical Machinery, Internal Combustion Engines, Compressors & Pumps, Measuring & Controlling Devices, Heat Exchangers and Others), By Process (Distillation, Pyrolysis, Reheating, Cracking, and Chemical Treatment), By Company, By Region, Forecast & Opportunities, 2026
Global shale gas processing equipment market is expected to grow at a significant rate during the forecast period due to the presence of abundance of shale oil reserves scattered around the globe and its commercial applications are driving the market growth.
Usage of conventional sources of energy such as natural gas is creating burden on their reserves, therefore search for economic alternative fuel is on rise. Shale formations contains natural gas trapped inside them and shale oil gas reserves are present in larger quantities than natural gas reserves around the globe. Also, research and development in drilling and extraction technology is impacting the growth of the global shale gas processing equipment market. Stringent government policies and initiatives to boost the energy extraction from shale formation is further fostering the global shale gas processing equipment market. Heat exchangers play a crucial role in the shale gas processing. Innovations in the technological upgradation of heat exchangers is projected to contribute to the market growth of the global shale gas processing equipment. Rise of end-user industries is creating the demand for energy resources which is propelling the increase in demand for the global shale gas processing equipment.
Global shale gas processing market is segmented into based on component, process, region, and company
Due to supportive government policies in China, it is anticipated to witness fastest incremental growth in the next five years. Surge in exploration activities with rise in demand to reduce petroleum usage as fuel in developing countries of Asia-Pacific is influencing the incremental growth of the global shale gas processing equipment for the next five years.
The major players operating in the global shale gas processing equipment market Linde Engineering, Johnson Controls International plc, Cameron International Corporation, Exterran Corporation, Pall Corporation, Honeywell UOP, GasTech Engineering Corporation, Newpoint Gas LP, Van Gas System, Membrane Technology and Research Inc., and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022–2026
Objective of the Study
- To analyze and estimate the market size of
global shale gas processing equipment market from 2016 to 2019.
- To estimate and forecast the market size of global
shale gas processing equipment from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global shale gas
processing equipment based on component, process, region, and company.
- To identify dominant region or segment in the global
shale gas processing equipment.
- To identify drivers and challenges for global
shale gas processing equipment.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
shale gas processing equipment.
- To identify and analyze the profile of leading
players operating in global shale gas processing equipment.
- To identify key sustainable strategies adopted
by market players in global shale gas processing equipment market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Automated service provider
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to mining equipment
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.