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Shale Gas Market Projected to Hit $214 billion by 2022, At a CAGR of 14 4%
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Shale Gas Market Projected to Hit $214 billion by 2022, At a
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Modular Production Systems Are A Trend In The Shale Gas Industry
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Shale Gas Market Hit $214 billion by 2022, Trending Report with Covid 19 Impact Analysis
Global shale gas market is expected to reach $214 billion by 2022. The market is expected to grow at a CAGR of 14.4% between 2015 and 2022. PORTLAND, OREGON , UNITED STATES, January 7, 2021 /EINPresswire.com/ Global shale gas market is expected to reach $214 billion by 2022. The market is expected to grow at a CAGR of 14.4% between 2015 and 2022. The United States has produced almost 90% of shale gas in 2014. Industrial sector is projected to grow at the highest CAGR of 15.3% during the forecast period. Shale gas refers to unconventional natural gas, trapped in the shale formation, which is derived by hydraulic fracturing process. Shale gas has become an increasingly important source of natural gas in the US and its interest as a potential gas shale is expected to increase in the rest of the world. According to the U.S. government s Energy Information