The 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 is a natural gas, trapped within shale formation deep inside the earth. It is drilled and extracted by breaking the shale formation, refined, processed, and transported for commercial purposes. Apart from processed and refined shale gas, raw shale oil is also used as raw fuel, hydrogen production, and other uses. During the processing and refining phase, shale gas is refined as well treated with the help of a series of equipment, which are known as shale gas processing equipment.
This research study focuses on the overall equipment used in the processing that includes compressors & pumps, electrical machinery, heat exchangers, internal combustion engines, measuring & controlling devices, and others. Separators and filters, hydrator/glycol dehydrator, injection systems, and storage tanks are some of the other equipment that are used during several processes to remove impurities and store purified gas.
The global shale gas equipment market is dependent in terms of growth on shale gas production and it is emerged as the prominent factor driving the overall market growth. Shale gas exploration activities are growing extensively on account of rise in energy demand. This is mainly reported in the U.S., which has the largest shale gas reserves and technological capability to extract and process shale reforms.
This further results into rise in demand for processing equipment. Development of technologies such as horizontal and vertical fracking is making gas extraction more effective and results into optimum gas extraction. This factor further offers scope for gas processing equipment across the globe.
On the split side, adverse effects of gas fracking on the environment and stringent government regulation on the horizontal fracking technology restraints the growth of the market. Water availability during the shale fracking and contamination concerns during the filtration process further creates the need for new filtration tools and makes gas processing expensive. This is expected to be a crucial challenge for processing companies. Nevertheless, rise in shale gas commercialization linked with widening shale gas infrastructure is anticipated to make way for new growth opportunities for the market during the forecast period.
The global shale gas processing equipment market is segmented on the basis of component and region. On the basis of component, the global market is studied across compressors & pumps, electrical machinery, heat exchangers, internal combustion engines, measuring & controlling devices, and others. Others segment includes separators & filters, hydrator/glycol dehydrator, injection systems, and storage tanks.
The major key players operating in the global shale gas processing equipment industry include Schlumberger Ltd, Sivalls, Inc, Van Air Systems, Croft Production Systems, Inc., Koch Industries, Inc., Pall Corporation, PEMCO, Burckhardt Compression AG, Gas Processing Equipment, ATB Riva Calzoni S.p.A. One of the recent trends observed in this market includes penetration of small-scale manufacturers, who are dealing with only single of dual product lines.
KEY BENEFITS FOR STAKEHOLDERS
• Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
• It outlines the current trends and future scenario of the market from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets
• Major countries in the region have been mapped according to their individual revenue contribution to the regional market
• The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study
• The profiles of key players along with their key strategic developments are enlisted in the report
KEY MARKET SEGMENTS
• By Type
• Compressors & Pumps
• Electrical Machinery
• Heat Exchangers
• Internal Combustion Engines
• Measuring & Controlling Devices
• Others
• By Country
• U.S.
• Canada
• Mexico
• Algeria
• China
• Argentina
• Others
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.5. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings of The Study
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets (For Upcoming Countries)
3.3. Porter’S Five Forces Analysis
3.4. Patent Analysis (2015-2018)
3.4.1. Patent Analysis By Processing Methods
3.4.1.1. Patent Analysis of Distillation Process
3.4.1.2. Patent Analysis of Chemical Treatment Process
3.4.1.3. Patent Analysis of Pyrolysis Process
3.4.1.4. Patent Analysis of Filter Process
3.4.1.5. Patent Analysis of Cracking Process
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Abundant Shale Gas Reserves And Its Growing Production At Commercial Scale
3.5.1.2. Technological Evolution of Heat Exchangers
3.5.2. Restraints
3.5.2.1. Adverse Effect Caused By Shale Gas Production Through Hydraulic Fracturing
3.5.3. Opportunity
3.5.3.1. Growing Efforts of Government To Commercially Exploit Shale Reserves
3.6. Impact of Government Rules And Regulations
3.6.1. Federal Laws On Hydraulic Fracturing
Chapter 4: Shale Gas Processing Equipment Market, By Component
4.1. Overview
4.1.1. Market Size And Forecast, By Country
4.2. Compressors And Pumps
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Country
4.2.3. Market Share Analysis, By Country
4.3. Electrical Machinery
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Country
4.3.3. Market Share Analysis, By Country
4.4. Heat Exchangers
4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Country
4.4.3. Market Share Analysis, By Country
4.5. Internal Combustion Engine
4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Country
4.5.3. Market Share Analysis, By Country
4.6. Measuring And Controlling Devices
4.6.1. Key Market Trends, Growth Factors, And Opportunities
4.6.2. Market Size And Forecast, By Country
4.6.3. Market Share Analysis, By Country
4.7. Others
4.7.1. Key Market Trends, Growth Factors, And Opportunities
4.7.2. Market Size And Forecast, By Country
4.7.3. Market Share Analysis, By Country
Chapter 5: Shale Gas Processing Equipment Market, By Country
5.1. Overview
5.1.1. Market Size And Forecast, By Forecast, By Country
5.1.2. Market Size And Forecast, By Components
5.2. U.S.
5.2.1. Key Market Trends, Growth, Factors, And Opportunities
5.2.2. Market Size And Forecast, By Component
5.3. Canada
5.3.1. Key Market Trends, Growth, Factors, And Opportunities
5.3.2. Market Size And Forecast, By Component
5.4. Mexico
5.4.1. Key Market Trends, Growth, Factors, And Opportunities
5.4.2. Market Size And Forecast, By Component
5.5. China
5.5.1. Key Market Trends, Growth, Factors, And Opportunities
5.5.2. Market Size And Forecast, By Component
5.6. Algeria
5.6.1. Key Market Trends, Growth, Factors, And Opportunities
5.6.2. Market Size And Forecast, By Component
5.7. Argentina
5.7.1. Key Market Trends, Growth, Factors, And Opportunities
5.7.2. Market Size And Forecast, By Component
5.8. Others
5.8.1. Key Market Trends, Growth, Factors, And Opportunities
5.8.2. Market Size And Forecast, By Component
Chapter 6: Competitive Landscape
6.1. Introduction
6.1.1. Market Player Positioning, 2018
6.2. Product Mapping of Top 10 Player
6.3. Competitive Heatmap
Chapter 7: Company Profiles
7.1. Atb Riva Calzoni S.P.A.
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Product Portfolio
7.2. Burckhardt Compression Ag
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Product Portfolio
7.2.5. R&D Expenditure
7.2.6. Business Performance
7.3. Croft Production Systems, Inc.
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Product Portfolio
7.4. Danaher Corporation
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Product Portfolio
7.4.5. R&D Expenditure
7.4.6. Business Performance
7.5. Gas Processing Equipment
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Product Portfolio
7.6. Koch Industries, Inc.
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Product Portfolio
7.7. Pemco
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Product Portfolio
7.8. Schlumberger Limited
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Product Portfolio
7.8.5. R&D Expenditure
7.8.6. Business Performance
7.9. Sivalls, Inc.
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Product Portfolio
7.10. Van Air Systems
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Product Portfolio
