Transparency Market
Research has published a comprehensive research report that discusses
the operational functionalities of the global oil
shale market. This research report, titled “Oil Shale
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2014 - 2022,” offers an in-depth understanding of the
key elements influencing the global oil
and shale market. The report uses SWOT analysis to shed light
on the strengths, the weaknesses, the opportunities, and the threats,
along with using a Porter’s five forces analysis for identifying
the threat of new entrants, the threat of substitute products or
services, the bargaining power of customers, the bargaining power of
suppliers, and the intensity of competitive rivalry.
According to the
research report, the global oil shale market was valued at US$1.1 bn
in 2013 and is expected to reach US$7.4 bn by 2022, registering an
impressive CAGR of 27.34% from 2014 to 2022. The research report
also states that the revenue from electricity and upgraded and
non-upgraded products of the global oil shale market stood at close
to US$2.1 bn in 2013 and is expected to reach US$11.9 bn by 2022,
rising at a whopping CAGR of 23.4% from 2014 to 2022.
The unstoppable
industrialization and surge in the global population have led to a
huge demand for fossil fuels. This has boosted the demand for oil
shale, which has high kerogen levels and hence holds a huge potential
to satiate the demand for energy in the coming years. The growing
usage of oil shale for the production of electricity and shale oil is
helping nations across the globe secure their energy mix.
Furthermore, exploration, extraction, and other activities related to
oil shale have also created several employment opportunities, thereby
helping the economy and the society.
The global oil shale
market has been segmented on the basis of process, application, and
region. On the basis of process, the global oil shale market is
segmented into in-situ and ex-situ. On the basis of application, this
market is segmented into upgraded, non-upgraded, and electricity.
Geographically, this market is segmented into Europe, Asia Pacific,
North America, the Middle East and Africa, and Latin America.
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Currently, China is
leading the production of shale oil from oil shale. This is
attributable to a large number of Fushun retorts that are engaged in
processing oil shale to produce shale oil. Analysts predict that
Australia is also likely to start production of shale oil, which will
augment the overall production in the Asia Pacific region.
Some of the top
players in the global oil shale market are Eesti Energia AS, BNK
Petroleum Inc., Red Leaf Resources Inc., Fushun Mining Group Co.,
Ltd., Jordan Oil Shale Company B.V., Chevron Corporation, Questerre
Energy Corporation, Viru Keemia Grupp Queensland Energy Resources
Ltd, ExxonMobil Corporation, and Global Oil Shale Group Limited. The
research report offers an insight into the competitive landscape of
the global oil shale market by analyzing the financial overview,
research and development activities, business and marketing
strategies, strategic mergers and acquisitions, and product portfolio
of the top players.
The global oil
shale market is segmented as follows:
Global Oil
Shale Market: Process Analysis
- In-Situ
- Ex-Situ
Global Oil
Shale Market: Application Analysis
- Electricity
- Non-upgraded
- Upgraded
Global Oil
Shale Market: Regional Analysis
North
America
U.S.
Europe
Estonia
Asia
Pacific
China
Australia
Middle
East & Africa
Jordan
Morocco
Latin
America
Brazil
About Us
Transparency Market
Research (TMR) is a global market intelligence company providing
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With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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