Oil Shale Market Report: Trends, Forecast and Competitive Analysis to 2030

Oil Shale Trends and Forecast

The future of the global oil shale market looks promising with opportunities in the fuel, electricity, and cement & chemical markets. The global oil shale market is expected to reach an estimated $4.3 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are diminishing crude oil reserves, surging sales of vehicles, and expansion of new power plants.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Oil Shale by Segment

The study includes a forecast for the global oil shale by product type, technology, process, application, and region.

Oil Shale Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Shale Gasoline
• Shale Diesel
• Kerosene
• Others

Oil Shale Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• In-Situ Technology
• Ex-Situ Technology

Oil Shale Market by Process [Shipment Analysis by Value from 2018 to 2030]:

• Oil Shale Exploration
• Ore Preparation
• Oil Shale Retortion
• Shale Oil Refining & Specialty Services

Oil Shale Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Fuel
• Electricity
• Cement & Chemical
• Others

Oil Shale Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Oil Shale Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oil shale companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oil shale companies profiled in this report include-

• Southwestern Energy
• EQT
• Equinor
• Repsol
• SINOPEC/Shs
• Chesapeake Energy
• Royal Dutch Shell
• Exxon Mobil
• Chevron
• PETROCHINA/Shs

Oil Shale Market Insights

Lucintel forecasts that shale gasoline will remain the largest segment over the forecast period due to its widespread use in transportation and high demand for gasoline.

Within this market, fuel will remain the largest segment over the forecast period.

North America is expected to witness highest growth over the forecast period due to continual expansion of oil and energy industry in the region.

Features of the Global Oil Shale Market

Market Size Estimates: Oil shale market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Oil shale market size by various segments, such as by product type, technology, process, application, and region in terms of value ($B).

Regional Analysis: Oil shale market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, technologies, processes, applications, and regions for the oil shale market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oil shale market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the oil shale market size?

Answer: The global oil shale market is expected to reach an estimated $4.3 billion by 2030.

Q2. What is the growth forecast for oil shale market?

Answer: The global oil shale market is expected to grow with a CAGR of 7.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the oil shale market?

Answer: The major drivers for this market are diminishing crude oil reserves, surging sales of vehicles, and expansion of new power plants.

Q4. What are the major segments for oil shale market?

Answer: The future of the oil shale market looks promising with opportunities in the fuel, electricity, and cement & chemical markets.

Q5. Who are the key oil shale market companies?

Answer: Some of the key oil shale companies are as follows:

• Southwestern Energy
• EQT
• Equinor
• Repsol
• SINOPEC/Shs
• Chesapeake Energy
• Royal Dutch Shell
• Exxon Mobil
• Chevron
• PETROCHINA/Shs

Q6. Which oil shale market segment will be the largest in future?

Answer: Lucintel forecasts that shale gasoline will remain the largest segment over the forecast period due to its widespread use in transportation and high demand for gasoline.

Q7. In oil shale market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to continual expansion of oil and energy industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the oil shale market by product type (shale gasoline, shale diesel, kerosene, and others), technology (in-situ technology and ex-situ technology), process (oil shale exploration, ore preparation, oil shale retortion, and shale oil refining & specialty services), application (fuel, electricity, cement & chemical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?