The global oil shale market is expected to grow at a CAGR of around 17.6% from 2020 to 2027 and expected to reach the market value of around US$ 7,516.4 Mn by 2027.
Oil shale is the organic-rich fine-grained sedimentary rock that contains a mixture of organic chemical compounds that is used to produce liquid hydrocarbons termed as shale oil. Shale oil is the unconventional oil produced from oil shale rock fragments further processing like hydrogenation, pyrolysis, or thermal dissolution.
Market Dynamics
The rising demand for energy along with the depletion of non-renewable energy sources like crude oil is driving the market growth. The fluctuating cost of fuel and the cost-benefit of using oil shale over conventional energy sources, in the long run, are driving the market value. Furthermore, ongoing research and development activities in the oil shale industry to reduce the environmental impact and to figure out solutions that can cut down the production costs are projected to create potential opportunities during the forecast timeframe.
On the other hand, the high production cost of oil shale and environmental issues such as disturbance of mined land, global warming, and greenhouse gas emission are some of the factors projected to restraint the market value.
Electricity segment accounted for the dominating share
By application, the electricity segment is leading the global market with a major share (%). Moreover, the segment is also projected to maintain its dominance over the forecast timeframe from 2020 to 2027. The increasing demand for electricity is driving the market growth.
In-Situ Technology segment is dominating the market
By technology, in-situ technology is leading the market with a major share in terms of value. The environment-friendly extraction of shale oil with the help of the in-situ method is driving segmental growth. The groundwater is contaminated by the chemical that is used in the extraction of oil shale, for the same in-situ method has a frozen wall that protects against contamination and subsequently protects the groundwater from contamination.
The market research study on “Oil Shale Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global Oil Shale market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global Oil Shale market, its product type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Oil Shale market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The Oil Shale market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
North America is leading the global market with major share
In 2019, North America accounted for the major share in the global market. The US is the major economy contributing to regional market growth. The US states including Colorado, Utah, and Wyoming are underground oil shale formation that accounts for approximately 1.8 trillion barrels of shale oil.
The players profiled in the report include Ambre energy, American Shale Oil, Baraka Energy & Resources, BP, Central Pacific Minerals, Chevron Shale Oil Company, Gas & Metals National Corp (JOGMEC), General Synfuels International, Harbin Coal Chemical Company, Independent Energy Partners (IEP)Queensland Shale Oil Limited, Israel Chemicals Ltd, Japan Oil, Oil India Limited (OIL), Oil Shale Exploration Company, and Royal Dutch Shell.
Market Segmentation
Market By Product
- Shale Gasoline
- Shale Diesel
- Kerosene
- Heavy Oil
Market By Technology
- In-Situ Technology
- Ex-Situ Technology
Market By Process
- Oil Shale Exploration
- Ore Preparation
- Oil Shale Retortion
- Shale Oil Refining
- Specialty Services
Market By Application
- Fuel
- Electricity
- Cement
- Chemicals
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Oil Shale
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Oil Shale Market By Product
1.2.2.1. Global Oil Shale Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Oil Shale Market Revenue Share By Product in 2018
1.2.2.3. Shale Gasoline
1.2.2.4. Shale Diesel
1.2.2.5. Kerosene
1.2.2.6. Heavy Oil
1.2.3. Oil Shale Market By Technology
1.2.3.1. Global Oil Shale Market Revenue and Growth Rate Comparison By Technology (2015-2026)
1.2.3.1.1. In-Situ Technology
1.2.3.1.2. Ex-Situ Technology
1.2.4. Oil Shale Market By Process
1.2.4.1. Global Oil Shale Market Revenue and Growth Rate Comparison By Process (2015-2026)
1.2.4.2. Oil Shale Exploration
1.2.4.3. Ore Preparation
1.2.4.4. Oil Shale Retortion
1.2.4.5. Shale Oil Refining
1.2.4.6. Specialty Services
1.2.5. Oil Shale Market By Application
1.2.5.1. Global Oil Shale Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.5.2. Fuel
1.2.5.3. Electricity
1.2.5.4. Cement
1.2.5.5. Chemicals
1.2.6. Oil Shale Market By Geography
1.2.6.1. Global Oil Shale Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Oil Shale Market Revenue and Growth Rate(2015-2026)
1.2.6.3. Europe Oil Shale Market Revenue and Growth Rate(2015-2026)
1.2.6.4. Asia-Pacific Oil Shale Market Revenue and Growth Rate(2015-2026)
1.2.6.5. Latin America Oil Shale Market Revenue and Growth Rate(2015-2026)
1.2.6.6. Middle East and Africa (MEA) Oil Shale Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Oil Shale Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Oil Shale Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Oil Shale Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Oil Shale Major Manufacturers in 2018
CHAPTER 4. Oil Shale MARKET By Product
4.1. Global Oil Shale Revenue By Product
4.2. Shale Gasoline
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Shale Diesel
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2. Kerosene
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Heavy Oil
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. Oil Shale MARKET By Technology
5.1. Global Oil Shale Revenue By Technology
5.2. In-Situ Technology
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Ex-Situ Technology
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. Oil Shale MARKET By Process
6.1. Global Oil Shale Revenue By Process
6.2. Oil Shale Exploration
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Ore Preparation
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.2. Oil Shale Retortion
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Shale Oil Refining
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Specialty Services
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. Oil Shale MARKET By Application
7.1. Global Oil Shale Revenue By Application
7.2. Fuel
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Electricity
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Cement
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.5. Chemicals
7.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA Oil Shale MARKET BY COUNTRY
8.1. North America Oil Shale Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Oil Shale Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Oil Shale Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE Oil Shale MARKET BY COUNTRY
9.1. Europe Oil Shale Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Oil Shale Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC Oil Shale MARKET BY COUNTRY
10.1. Asia-Pacific Oil Shale Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Oil Shale Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA Oil Shale MARKET BY COUNTRY
11.1. Latin America Oil Shale Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Oil Shale Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA Oil Shale MARKET BY COUNTRY
12.1. Middle East & Africa Oil Shale Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East & Africa Oil Shale Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Ambre energy
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. American Shale Oil
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Baraka Energy & Resources
3.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Chevron Shale Oil Company
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Gas & Metals National Corp (JOGMEC)
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. General Synfuels International
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Harbin Coal Chemical Company
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Independent Energy Partners (IEP)Queensland Shale Oil Limited
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Israel Chemicals Ltd
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Japan Oil
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Oil India Limited (OIL)
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Others
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
