Market Overview
The global natural gas market is expected to reach $130.3 billion by 2030, growing at a CAGR of 8.5% during the forecast period of 2023-2030. The study is a comprehensive analysis of the key drivers, restraints, challenges, opportunities, and trends influencing the growth of the natural gas market. It includes an in-depth analysis of the impact of these factors on the market's future growth. The report also provides a detailed competitive landscape of the natural gas market.
Natural gas is a gaseous fossil fuel consisting primarily of methane. It is found in underground rock formations or associated with other hydrocarbon reservoirs. Natural gas is a vital energy source for numerous industries and applications, including power generation, heating, and transportation.
The global natural gas market is currently in a state of flux. A major reason for this is the rise in the production of shale gas, which has led to an increase in supply and a corresponding decrease in prices. This has created opportunities for new entrants into the market, as well as for established players to increase their market share.
Another factor that is impacting the natural gas market is the changing nature of demand. In developed countries, demand has been relatively flat in recent years, while in developing countries it has been growing at a rapid pace. This has led to a shift in the center of gravity of the natural gas market from North America to Asia.
Finally, geopolitical factors are also playing a role in shaping the future of the global natural gas market. The ongoing conflict between Russia and Ukraine has had an impact on supplies, while the lifting of sanctions against Iran could lead to increased exports from that country.
All of these factors are leading to a period of uncertainty in the natural gas market. However, there are also significant opportunities for those companies that are able to navigate these challenges successfully.
COVID-19 Impact on Natural Gas and Shale Gas Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Report Includes
An overview of the global Natural Gas and Shale Gas market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2030. It also includes breakdowns of the overall Natural Gas and Shale Gas market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Natural Gas and Shale Gas market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Natural Gas and Shale Gas market for components from 2023 through 2030
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
Global natural gas and shale gas market are segmented on the basis of production, distribution, end-use, and geography.
1.1 Production Segment
The global natural gas and shale gas market is further segmented on the basis of production type into upstream and downstream. Upstream production includes exploration and drilling activities whereas downstream production includes transportation, storage, and marketing of natural gas & shale gas. The upstream activity dominates the overall production with a share of over 60%.
1.2 Distribution Segment
The global natural gas distribution market is segregated into two types namely pipelines and LNG (liquefied natural gas). The pipeline network is an important part of the global energy infrastructure as it helps in transporting large quantities of natural gas from one place to another. LNG plays a significant role in supplying Natural Gas to countries which are not connected by pipelines. In terms of revenue, LNG distribution holds the second-largest share after pipeline network distribution.
1.3 End-Use Segment
The commercial sector is the leading consumer of Natural Gas with a share of over 40% of the total consumption. It is followed by the industrial sector which consumes around 30% of Natural Gas globally. Households & power generation are other major consumers of Natural Gas with a share of around 25% & 5% respectively.
Global Natural Gas and Shale Gas Market Competitive Analysis:
Key players in the Global Natural Gas and Shale Gas market are Baker Hughes Incorporation, Anadarko Petroleum Corporation, BHP Billiton Limited, Royal Dutch Shell, ConocoPhillips, ExxonMobil & Chesapeake Energy Corporation among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2030. The Global Natural Gas and Shale Gas market is distributed on the basis of the below-mentioned segments:
Global Natural Gas and Shale Gas Market, By Type:
The global natural gas market is expected to reach $130.3 billion by 2030, growing at a CAGR of 8.5% during the forecast period of 2023-2030. The study is a comprehensive analysis of the key drivers, restraints, challenges, opportunities, and trends influencing the growth of the natural gas market. It includes an in-depth analysis of the impact of these factors on the market's future growth. The report also provides a detailed competitive landscape of the natural gas market.
Natural gas is a gaseous fossil fuel consisting primarily of methane. It is found in underground rock formations or associated with other hydrocarbon reservoirs. Natural gas is a vital energy source for numerous industries and applications, including power generation, heating, and transportation.
The global natural gas market is currently in a state of flux. A major reason for this is the rise in the production of shale gas, which has led to an increase in supply and a corresponding decrease in prices. This has created opportunities for new entrants into the market, as well as for established players to increase their market share.
Another factor that is impacting the natural gas market is the changing nature of demand. In developed countries, demand has been relatively flat in recent years, while in developing countries it has been growing at a rapid pace. This has led to a shift in the center of gravity of the natural gas market from North America to Asia.
Finally, geopolitical factors are also playing a role in shaping the future of the global natural gas market. The ongoing conflict between Russia and Ukraine has had an impact on supplies, while the lifting of sanctions against Iran could lead to increased exports from that country.
All of these factors are leading to a period of uncertainty in the natural gas market. However, there are also significant opportunities for those companies that are able to navigate these challenges successfully.
COVID-19 Impact on Natural Gas and Shale Gas Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Report Includes
An overview of the global Natural Gas and Shale Gas market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2030. It also includes breakdowns of the overall Natural Gas and Shale Gas market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Natural Gas and Shale Gas market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Natural Gas and Shale Gas market for components from 2023 through 2030
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
Global natural gas and shale gas market are segmented on the basis of production, distribution, end-use, and geography.
1.1 Production Segment
The global natural gas and shale gas market is further segmented on the basis of production type into upstream and downstream. Upstream production includes exploration and drilling activities whereas downstream production includes transportation, storage, and marketing of natural gas & shale gas. The upstream activity dominates the overall production with a share of over 60%.
1.2 Distribution Segment
The global natural gas distribution market is segregated into two types namely pipelines and LNG (liquefied natural gas). The pipeline network is an important part of the global energy infrastructure as it helps in transporting large quantities of natural gas from one place to another. LNG plays a significant role in supplying Natural Gas to countries which are not connected by pipelines. In terms of revenue, LNG distribution holds the second-largest share after pipeline network distribution.
1.3 End-Use Segment
The commercial sector is the leading consumer of Natural Gas with a share of over 40% of the total consumption. It is followed by the industrial sector which consumes around 30% of Natural Gas globally. Households & power generation are other major consumers of Natural Gas with a share of around 25% & 5% respectively.
Global Natural Gas and Shale Gas Market Competitive Analysis:
Key players in the Global Natural Gas and Shale Gas market are Baker Hughes Incorporation, Anadarko Petroleum Corporation, BHP Billiton Limited, Royal Dutch Shell, ConocoPhillips, ExxonMobil & Chesapeake Energy Corporation among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2030. The Global Natural Gas and Shale Gas market is distributed on the basis of the below-mentioned segments:
Global Natural Gas and Shale Gas Market, By Type:
- Coalbed Methane Wells
- Coal Mine
- Others
- Generating Power
- Industrial Usage
- Commercial Use
- Transportation
- Household Use
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
NATURAL GAS AND SHALE GAS MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2023-2030
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Natural Gas and Shale Gas Market Analysis (USD Billion), Insights and Forecast, 2018-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
