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Report
Shale Gas Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 137 Pages I IMARC Group
Market Overview:
The global shale gas processing equipment market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Shale gas processing equipment refer to the mechanical devices used for processing and preparing shale gas for transportation in interstate or intrastate pipelines. Some of the commonly used equipment include compressors, pumps, heat exchangers, internal combustion engines, measuring and controlling devices, hydrators, dehydrators, injection systems and storage tanks. They are also utilized in the midstream phase to process, refine and treat the oil and gas before commercial utilization. They are used for various industrial processes, such as distillation, pyrolysis, reheating, cracking and chemical treatment. They also aid in the removal of condensates, mercury and nitrogen and natural gas liquid (NGL) extraction and fractionation.
Shale Gas Processing Equipment Market Trends:
A significant increase in energy requirements across the globe is one of the key factors driving the market growth. Shale gas is widely being as an alternate source of energy due to its higher calorific value and lower carbon emissions in comparison to petroleum and coal. Moreover, the widespread adoption of hydraulic fracturing and horizontal drilling techniques for oil and gas exploration activities is providing a thrust to the growth of the market. This has resulted in the increasing demand for shale gas processing equipment to eliminate carbon dioxide, hydrogen sulfide, nitrogen, heavy hydrocarbons and water and meet the quality regulations. Additionally, various technological advancements and the development of efficient and cost-effective drilling and extraction techniques, are anticipated to drive the market toward growth. For instance, organizations are widely using carbon dioxide-enhanced oil recovery (CO2-EOR) solutions for tertiary oil recovery from unconventional reservoirs while preventing chemical floods. Other factors, including rapid industrialization, along with the implementation of favorable government policies promoting the use of shale gas, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global shale gas processing equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component and process.
Breakup by Component:
Compressors and Pumps
Electrical Machinery
Heat Exchangers
Internal Combustion Engines
Measuring and Controlling Devices
Others
Breakup by Process:
Distillation
Pyrolysis
Reheating
Cracking
Chemical Treatment
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Burckhardt Compression AG, Croft Production Systems Inc., Exterran Corporation, Gas Processing Equipment Pvt. Ltd., Gastech Engineering LLC, Honeywell International Inc., Koch Industries Inc., Linde plc, Membrane Technology and Research Inc., Newpoint Gas LLC, Schlumberger Limited and Van Air Systems.
Key Questions Answered in This Report:
How has the global shale gas processing equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global shale gas processing equipment market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the process?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global shale gas processing equipment market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Shale Gas Processing Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Compressors and Pumps
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electrical Machinery
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Heat Exchangers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Internal Combustion Engines
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Measuring and Controlling Devices
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Process
7.1 Distillation
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pyrolysis
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Reheating
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Cracking
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Chemical Treatment
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Burckhardt Compression AG
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.2 Croft Production Systems Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Exterran Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Gas Processing Equipment Pvt. Ltd.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Gastech Engineering LLC
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Honeywell International Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 SWOT Analysis
13.3.7 Koch Industries Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 SWOT Analysis
13.3.8 Linde plc
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 Membrane Technology and Research Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Newpoint Gas LLC
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Schlumberger Limited
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Van Air Systems
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
Figure 1: Global: Shale Gas Processing Equipment Market: Major Drivers and Challenges
Figure 2: Global: Shale Gas Processing Equipment Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Shale Gas Processing Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Shale Gas Processing Equipment Market: Breakup by Component (in %), 2022
Figure 5: Global: Shale Gas Processing Equipment Market: Breakup by Process (in %), 2022
Figure 6: Global: Shale Gas Processing Equipment Market: Breakup by Region (in %), 2022
Figure 7: Global: Shale Gas Processing Equipment (Compressors and Pumps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Shale Gas Processing Equipment (Compressors and Pumps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Shale Gas Processing Equipment (Electrical Machinery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Shale Gas Processing Equipment (Electrical Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Shale Gas Processing Equipment (Heat Exchangers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Shale Gas Processing Equipment (Heat Exchangers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Shale Gas Processing Equipment (Internal Combustion Engines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Shale Gas Processing Equipment (Internal Combustion Engines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Shale Gas Processing Equipment (Measuring and Controlling Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Shale Gas Processing Equipment (Measuring and Controlling Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Shale Gas Processing Equipment (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Shale Gas Processing Equipment (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Shale Gas Processing Equipment (Distillation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Shale Gas Processing Equipment (Distillation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Shale Gas Processing Equipment (Pyrolysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Shale Gas Processing Equipment (Pyrolysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Shale Gas Processing Equipment (Reheating) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Shale Gas Processing Equipment (Reheating) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Shale Gas Processing Equipment (Cracking) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Shale Gas Processing Equipment (Cracking) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Shale Gas Processing Equipment (Chemical Treatment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Shale Gas Processing Equipment (Chemical Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Shale Gas Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Shale Gas Processing Equipment Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Shale Gas Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Shale Gas Processing Equipment Industry: SWOT Analysis
Figure 79: Global: Shale Gas Processing Equipment Industry: Value Chain Analysis
Figure 80: Global: Shale Gas Processing Equipment Industry: Porter's Five Forces Analysis
Table 1: Global: Shale Gas Processing Equipment Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Shale Gas Processing Equipment Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Shale Gas Processing Equipment Market Forecast: Breakup by Process (in Million US$), 2023-2028
Table 4: Global: Shale Gas Processing Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Shale Gas Processing Equipment Market: Competitive Structure
Table 6: Global: Shale Gas Processing Equipment Market: Key Players
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