"Actionable Insights to Fuel Your Growth"

Unconventional Gas Market Size, Share and Global Trend By Type (Shale Gas, Tight Gas, Coal Bed Methane), By Application (Power Generation, Industrial, Commercial, Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100730 | Status : Ongoing



Natural gas is most sought after oil products in terms of the global primary energy mix and for years the world has debated over the potential for natural gas to play a critical role in providing resilient and sustainable energy future. The recent advances in US shale gas operation created new prospects for affordable and secure supplies of natural gas. In the recent period, unconventional gas has emerged as an important source of energy which is widely used in transportation and domestic purpose. Hydraulic fracturing is a term used in the production of unconventional oil & gas in which horizontal directional drilling of wells is used in addition to the use of water, sand, and chemicals at high pressure to fracture rock and release hydrocarbons.

The classification of unconventional gas is done on the basis of type i.e. Shale Gas, Tight Gas, and Coal Bed Methane. All three gases are used on a huge scale in the industrial process, whereas shale and tight gas are specifically applicable for transportation and domestic purpose.

To gain extensive insights into the market, Request for Customization

The unconventional gas exploration is becoming an easy task due to advance technological development in drilling enhancing the overall production of gases. The recent trend of shifting towards natural gas has created a potential market driving the unconventional gas market. The production of unconventional gas needs excessive amount of water sources and also contaminate groundwater hindering the growth of the unconventional gas market.

Key Players Covered

The leading companies in the unconventional gas market are Exxon Mobil, Petro China, British Petroleum, Royal Dutch Shell, Chevron, Total, Statoil, Equinor, Conoco Phillips, ENI, ONGC, China National Petroleum Corporation and ONGC.




By Type

· Shale Gas

· Tight Gas

· Coal Bed Methane

By Application

· Power Generation

· Industrial

· Commercial

· Others

By Geography

· North America (US and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)


Regional Analysis

The global unconventional gas market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is dominating the unconventional gas market specifically the US which disrupted global shale gas production. Technology innovation drove productivity, efficiency, and operational flexibility in E&P creating a lucrative investment opportunity for investors. In Europe, Russia has been a long standing supplier in the natural gas industry, the current economic trend of Russia’s oil indexed contracts imports make the resource more competitive than LNG imports. The natural gas imports in Europe have declined in recent years. The overall growth of the unconventional gas market in Europe seems to be at a peak rate in forthcoming years. The Asia Pacific has extensive proven reserves of coal and shale gases. China & Indi are among the leading countries having the largest share of coal reserves creating a potential development for coalbed methane gas. In China, the government target indicates shale gas, coalbed methane gas could grow to reflect at least 50% of domestic natural gas production by 2030. Saudi Arabia is investing at a large scale for the development of shale gas for self-reliant in E&P of shale gas which is currently seeking technical expertise from North America. In African countries, an extensive potential opportunities available for the development of unconventional gas in order to increase the domestic gas production and provide a reliable source of energy to domestic LPG users. The ongoing development activities and government initiative to leverage the energy sector will boom the unconventional gas market.

Key Industry Developments

  • In April 2019, Shell has made an agreement with Shengli Oil Field company, a subsidiary of Sinopec, for shale gas exploration.

  • In October 2018, British Petroleum (BP) awarded a contract to Jacob Engineering Group Inc. to provide engineering services, procurement and construction management for tight gas project in the Sultanate of Oman

  • In June 2018, ONGC sold coalbed methane gas from its Bokaro block to a private entity, H N Roy for $5.77 per MMBtu on a gross calorific value.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.