Shale gas market $26.66bn in 2011

May 27, 2011 | Budget & Investment

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The US shale gas market has seen great success over the last ten years following the coupling of hydraulic fracturing methods with horizontal drilling. The growing volume of domestically produced natural gas from shale sources in North America has driven other areas of the world into investigating their own shale gas producing potential.

This has created a shale gas market with considerable opportunity for profound growth. The latest energy study ‘The Shale Gas Market 2011-2021’ (available on ASDReports.com) examines this vital sector and its prospects over the next decade. Based on this research, the global shale gas market will be worth $26.66bn in 2011.

The new study provides thorough analysis and quantified forecasts for the global, and eight largest shale gas markets over the period 2011-2021. The study analyses a wealth of data and introduces a clear analysis of where the shale gas market is headed, based on diverse factors and insight into the market, anticipating how and why the market will evolve from 2011 onwards.

The various drivers and restraints of global and national markets are assessed in order to provide the reader with a clear understanding into the future progression of each individual national market.