Transparency Market
Research
Unconventional Gas Market for Industrial, Power Generation, Residential,
Commercial and Transportation Applications - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019
Published Date
2013-08-21
204 Page Report
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Press Release
Global Unconventional Gas Market is Expected to Reach USD
126.93 Billion in 2019: Transparency Market Research
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Unconventional Gas Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research, Global unconventional gas market was
valued at USD 93.95 billion in 2012 and is expected to reach USD 126.93 billion by 2019, growing at a CAGR of 4.7%
from 2013 to 2019. In terms of volume, global production was 23.48 trillion cubic feet (tcf) in 2012 and is expected to
reach 34.12 tcf by 2019, growing at a CAGR of 5.8% from 2013 to 2019.
Depleting conventional gas reserves coupled with fluctuating natural gas prices has led to increasing preference towards
unconventional gases. In addition, abundant availability of technically recoverable unconventional gas reserves backed by
technological advancement in the U.S. is further expected to boost the market growth.
Browse the full unconventional gas Market report at
http://www.transparencymarketresearch.com/unconventional-gas.html
Tight gas was the largest produced unconventional gas and accounted for over 44% of the total market in 2012. Shale
gas is expected to be the fastest growing gas type at an estimated CAGR of 7% from 2013 to 2019. Shale gas success in
U.S. has led other countries such as China to shift their focus towards developing shale gas. Global CBM production is
expected to reach 4,256.8 bcf by 2019, U.S. and Canada CBM markets are nearing...