Oil Shale Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global oil shale accounted for $1,609.32 million in 2017 and is expected to reach $6,992.43 million by 2026 growing at a CAGR of 17.7% during the forecast period.

Gaithersburg, Maryland, United States – January 31, 2019 /MarketersMedia/ —

Increasing depletion of crude oil reserves, benefits of oil shale and rising energy demand are some key factors influencing the market growth. However, factors such as high cost equipment & production and environmental issues are hampering the market growth.

Request for sample here: https://www.strategymrc.com/report/oil-shale-market/request-sample

Oil shale refers to crude oil trapped in sedimentary rock. It releases hydrocarbons when heated and used as an alternative for petroleum or natural gas. Rock-like at room temperature, oil shale produces vapors and gases when heated, which in turn are condensed and turned into oil. Oil shale can be extracted via surface, underground, or “in-situ” mining, in which kerogen is heated underground and pumped to the surface.

Based on Technology, In-situ segment held significant market share during the forecast period attributed to development in drilling technologies coupled with groundwater pollution. By geography, North America is expected to grow at a faster rate due to presence of abundant oil shale reserves in this country.

Access the complete report at: https://www.strategymrc.com/report/oil-shale-market

Some of the key players in oil shale market include Anadarko, Occidental Petroleum, ExxonMobil, Marathon Oil, EOG Resources, SM Energy, Cabot Oil & Gas, Chevron Corporation, Pioneer Natural Resources, ConocoPhillips, Independent Energy Partners (IEP), Israel Chemicals Ltd, Royal Dutch Shell, Harbin Coal Chemical Company and Oil India Limited (OIL).

Make an inquiry at: https://www.strategymrc.com/report/oil-shale-market

Processes Covered:
• Oil Shale Retortion
• Shale Oil Exploration
• Shale Oil Refining
• Ore Preparation
• Specialty Services

Products Covered:
• Shale Gasoline
• Heavy Oil
• Coke
• Kerosene
• Shale Diesel
• Derivatives
• Other Products

Types Covered:
• >10%
• 7%-10%
• https://twitter.com/StratisticsMRC

Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile

About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/oil-shale-market-size-share-report-analysis-trends-forecast-to-2026/477748

Source: MarketersMedia

Release ID: 477748