Shale Gas Processing Equipment Market 2020: Increasing Demand for Efficient Management Practices Report Till 2026
Global shale gas processing equipment market is projected to reach $13.5 billion by 2026, growing at a CAGR of 14.8% from 2019 to 2026. PORTLAND, OREGON , UNITED STATES, December 30, 2020 /EINPresswire.com/ Global shale gas processing equipment market was valued at $4.5 billion in 2018, and is projected to reach $13.5 billion by 2026, growing at a CAGR of 14.8% from 2019 to 2026. Shale gas equipment are used to eliminate components such as N2, H2S, heavy hydrocarbons, CO2, and water from the raw shale gas and oil before it is sent for transportation. This method includes various processes such as distillation, filtration, cracking, reheating, pyrolysis, and chemical treatment. Heat exchangers, separation, and filtration equipment play an important role as raw shale gas is drilled from shale formation, which needs to be heated a