Shale gas

Shale gas

The expanding shale gas market is being propelled by a combination of factors, including increasing energy demand, advancements in drilling technology, and environmental regulations favoring cleaner-burning fuels. As a result, the shale gas market is poised to double by 2030, reaching a value of USD 124.9 billion.

Benefits of shale gas

Shale gas is considered a more environmentally friendly alternative to traditional fossil fuels, as it produces lower levels of greenhouse gas emissions. Additionally, shale gas extraction has led to increased energy security and reduced dependence on imported oil and gas.

Future outlook

With ongoing technological advancements and growing global demand for energy, the shale gas market is expected to continue its rapid growth trajectory in the coming years. As governments around the world look to transition to cleaner energy sources, shale gas is likely to play a key role in meeting these energy needs.