The shale gas processing market is estimated to grow from $2,710.4 million in 2014 to nearly $5,769.9 million by 2019, at a CAGR of over 16%.
(PRWEB) August 07, 2014
The North American shale gas processing equipment market held the largest share in the global industry demand in 2013. In North America, the U.S. is the largest market that is expected to continue its influence in the shale gas processing equipment industry. Within RoW, China is the leading player, given the exploration and production activities in its abundant shale reserves.
Shale gas processing equipment are required for processing shale gas before it can be transported by large diameter inter-state or intra-state pipelines for end-use. The increasing shale gas exploration and production activities across the globe are the key drivers for the growth of the shale gas processing equipment market. However, concerns associated with the shale gas exploration such as the ground water contamination by fracking operations will slightly affect growth in this market. However, with growing energy demand and proven domestic shale gas reserves, many countries are now trying to explore shale gas. These developments will result in the market witnessing a higher growth rate in the demand for shale gas processing equipment. Complete report is available at http://www.rnrmarketresearch.com/shale-gas-processing-equipment-market-by-component-compressors-pumps-electrical-machinery-heat-exchangers-internal-combustion-engines-and-measuring-controlling-devices-by-geography-north-market-report.html.
We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study. The primary sources–experts from industry and suppliers have been interviewed for critical information as well as to assess the future prospects of the shale gas processing equipment market.
This report estimates the shale gas processing equipment market, in terms of value. The value of this market is estimated in terms of $million and this has been broken down into geographical regions, and further split into processing components.
Shale gas processing equipment market research report profiles the leading players of this industry with their recent developments and other strategic industry activities. These include Cameron, Exterran, Gastech Engineering Corporation, Honeywell UOP (Universal Oil Products), Johnson Controls, Linde Engineering, Membrane Technology & Research, Newpoint Gas LP, Pall Corporation and Van Gas System. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=201939.
The shale gas processing equipment market is segmented into two regions, namely North America, and RoW. The shale gas processing equipment market is further segmented on the basis of major countries in each region.
The report also touches on various other important aspects of the market. It includes an analysis of the value-chain, Porter’s Five Forces Analysis, the competitive landscape, and premium insights of the shale gas processing equipment market. Priced at US$4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=201939.
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