What is Shale Gas Processing Equipments?
Shale gas is a form of natural gas found underground in shale rock. Shale gas processing equipment is used for processing shale gas before it can be transported by large-diameter inter-state or intra-state pipelines for end-use. For the preparation of shale gas for use, some of the components such as N2, H2S, heavy hydrocarbons, CO2 and water need to be removed by the gas processing equipment to meet safety, pipeline, environmental and quality specifications.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Cameron (United States), Exterran (United States), GasTech Engineering Corporation (United States), Honeywell UOP (United States), Johnson Controls (United States), Linde Engineering (Germany), Membrane Technology & Research (United States), Newpoint Gas, LP (United States), Pall Corporation (United States) and Van Gas System (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Compressors & Pumps, Electrical Machinery, Heat Exchangers, Internal Combustion Engines, Measuring & Controlling Devices and Others) , by application (Services Company and Mineral Rights Company) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Shale Gas Processing Equipments market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Shale Gas Processing Equipments market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Cameron (United States), Exterran (United States), GasTech Engineering Corporation (United States), Honeywell UOP (United States), Johnson Controls (United States), Linde Engineering (Germany), Membrane Technology & Research (United States), Newpoint Gas, LP (United States), Pall Corporation (United States) and Van Gas System (United States).
Market Overview:
In 2022, The acquisition of Security Enhancement Systems LLC (SES), a provider of mobile-based, keyless access control solutions used in critical infrastructure, including telecommunication towers for major providers, was announced by Johnson Controls the world leader for smart, healthy, and sustainable buildings.
Shale gas processing equipment sector growth is predicted to be hampered by strict environmental rules governing hydraulic fracturing enacted by governments and agencies to defend public interests. Over the next six years, it is anticipated that fluctuating natural gas prices would have a detrimental effect on profitability and, in turn, the market. Large amounts of water are needed for hydraulic fracturing in the production of shale gas. Increased criticism to this agricultural method is a result of the global shortage of freshwater. Future growth and development are predicted to be hampered by issues including groundwater contamination and water scarcity.
Influencing Trend:
Growing Demand fro Shale gas
Market Growth Drivers:
Increase in the Production of Shale Gas at Commercial Scale and Advancements in the Processing Equipment
Challenges:
Health and Environmental Impacts of Fracking Chemicals
Restraints:
Public Opposition to Shale Fracturing
Opportunities:
Upcoming Natural Gas Pipeline Projects and Growth in the Shale Gas Infrastructure
Key highlights of the Global Shale Gas Processing Equipments market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Shale Gas Processing Equipments market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Shale Gas Processing Equipments market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Shale Gas Processing Equipments Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Shale Gas Processing Equipments market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Shale Gas Processing Equipments market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Shale Gas Processing Equipement Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.