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Oil Shale (Kerogen) Market Booming Demand in US: Industry Forecast 2019-2025
Mar 11, 2019 (MarketersMedia via COMTEX) --

Global Oil Shale (Kerogen) Market 2019-2025 Trends & Forecast Report, Consistent with our stated policy of making available the best research and analysis report.


Rising demand for energy and depletion of the non-renewable sources and fluctuating cost of the fuel is resulting to the market growth of oil shale Industry. Oil shale refers to the sedimentary rock that contains Kerogen, an organic chemical compound in a solid form that releases hydrocarbons when it is heated.

However high production cost of oil shale coupled with environmental issues such as global warming, greenhouse gas emissions is some of the factors restraining the market. Moreover, research & development within the oil shale industry in order to reduce the environmental impact and reduction in the production cost is generating the opportunity to the market during the forecast period.

In terms of different region, North America dominated the market in 2018 and expected to display similar trend in the coming years. The U.S consists of abundant reserves of oil shale and expected to witness significant growth rate during the forecast period. Countries such as Russia Estonia have also established markets present in Europe. The Asia Pacific expected to witness the fastest growth during the forecast period owing to the research & development within the oil shale industry over the years.

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Oil Shale is widely used in Powder Generation, Shale Oil and another field. The most proportion of Oil Shale is Shale Oil, and the consumption proportion in 2015 is about 89%. Oil shale can also be applied for building materials, cement and fertilizers.

North America and Europe are the largest consumption places, with a consumption market share nearly 28% in 2015. Following North America and Europe, China is the third largest consumption place with the consumption market share of 19%.

Market competition is not intense. Anadarko, Occidental Petroleum, Chesapeake Energy, ExxonMobil, etc. are the leaders of the industry, and they hold key technologies and patents.

The Global Oil Shale Market focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

Key Players covered in this report are Anadarko, Occidental Petroleum, Chesapeake Energy, ExxonMobil, Marathon Oil, Chevron Corporation, EOG Resources, Pioneer Natural Resources, SM Energy, ConocoPhillips, Cabot Oil & Gas.

The report analyzed by applications like Electricity, Shale Oil, Other. Then report is analyzed based on product Type 10%.

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Market size split by Region North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Spain, Russia, Central & South America, Brazil, Rest of Central & South America, Middle East & Africa, GCC Countries, Turkey, Egypt, South Africa.

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With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue, and gross margins.

The Oil Shale Market report provides key statistics on the market status of the Oil Shale manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

MAJOR POINTS COVERED IN TABLE OF CONTENT OF OIL SHALE (KEROGEN) MARKET:

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Source: MarketersMedia

Release ID: 490835


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