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Shale gas is one of the unconventional sources of natural gas and is found within the shale formation. Shale gas is increasingly becoming an important source of natural gas globally with major exploration activities in North America, China, Argentina, Algeria, Canada, Australia, and South Africa. Shale gas is widely used in industrial, power generation, transportation, and commercial applications due to its advantages over conventional fuels like clean energy and requires fewer efforts to store and transport. The technologies that are widely used for production are multistage hydraulic fracturing combined with horizontal drilling.
It is observed that fracturing water requirement and drilling cost depends on basin based on depth of resources and rock formation. The report captures the shale gas market roadmap with market sizes, revenue forecasts, value chain, market & product trends, growth trends and regulations. The report covers company profiles and identifies growth strategies adopted by market players such as R&D initiatives, major competitive developments and strategies.