The Shale Gas Processing Equipment Global Market Report 2023, provides comprehensive information on the shale gas processing equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company’s Shale Gas Processing Equipment Global Market Report for 2023, the market’s dimensions are poised for a significant expansion. In 2022, it stood at $6.11 billion, but projections for 2023 indicate an impressive surge to $7.12 billion, boasting a notable compound annual growth rate (CAGR) of 16.5%.
However, global economic prospects have been marred, at least in the short term, by the Russia-Ukraine conflict. This turbulent situation precipitated a series of economic sanctions on multiple nations, instigated a sharp increase in commodity prices, and caused substantial supply chain disruptions, thereby spurring inflation across various sectors, goods, and services, with ripple effects resonating across global markets.
In the midst of these challenges, the global shale gas processing equipment market is poised for robust expansion. The market size is anticipated to reach $12.09 billion by 2027, maintaining a steady CAGR of 14.2%.
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A conspicuous trend gaining significant traction within the shale gas processing equipment market pertains to product innovations. Prominent entities within this sector are ardently dedicating their resources to the development of pioneering and cutting-edge products, an endeavor geared toward bolstering their competitive standing. An illustrative case in point took place in October 2020, when Halliburton, a distinguished U.S.-based enterprise specializing in shale gas processing equipment, unveiled its groundbreaking creation, known as SmartFleet. This innovation stands as the premier intelligent automated fracturing system of its kind.
SmartFleet exhibits remarkable capabilities, primarily enhancing both near-wellbore and far-field fracture placement, and assuming direct control over frac hits. Moreover, it employs continuous monitoring to ensure the uniformity of clusters and fracture geometry. A defining feature of this innovation is its provision of real-time fracture management, a remarkable advancement in the domain of oil and gas pumping, elevating efficiency and precision within the shale gas processing equipment market. This vividly underscores the ongoing industry-wide dedication to groundbreaking innovation.
The Shale Gas Processing Equipment Market Is Segmented:
Shale Gas Processing Equipment By Component:
Compressors and Pumps,
Electrical Machinery,
Heat Exchangers,
Internal Combustion Engines,
Measuring and Controlling Devices
Others Components
Shale Gas Processing Equipment By Process:
Distillation
Pyrolysis
Reheating
Cracking
Chemical Treatment
Shale Gas Processing Equipment By Application:
Pipeline
Natural Gas Processing Plants
LNG or LPG Facilities
Crude by Rail
Other Midstream Applications
Top Key Players:
Pall Corporation
GasTech Engineering Corporation
Cameron International Corporation
Honeywell UOP
Linde Engineering PLC
North America was the largest region in the shale gas processing equipment market in 2022.
The table of contents in TBRC’s shale gas processing equipment market report includes:
1. Executive Summary
2. Shale Gas Processing Equipment Market Characteristics
3. Shale Gas Processing Equipment Market Trends And Strategies
4. Shale Gas Processing Equipment Market – Macro Economic Scenario
5. Global Shale Gas Processing Equipment Historic Market, 2017-2022, $ Billion
…..
26. Africa Shale Gas Processing Equipment Market
27. Shale Gas Processing Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shale Gas Processing Equipment Market
29. Shale Gas Processing Equipment Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Shale Gas Processing Equipment Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Shale Gas Processing Equipment Market, Segmentation By Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Shale Gas Processing Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 46: Pall Corporation Financial Performance
Table 47: GasTech Engineering Corporation Financial Performance
Table 48: Cameron International Corporation Financial Performance
Table 49: Honeywell UOP Financial Performance
Table 50: Linde Engineering PLC. Financial Performance
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