Shale Gas Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Shale Gas Trends & Share. The Market is Segmented by Geography (North America, South America, Asia-pacific, Europe, And Middle-East and Africa).

Shale Gas Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Shale Gas Market Size

Shale Gas Market Summary
Study Period 2020 - 2030
Market Volume (2025) 0.88 Trillion cubic meters
Market Volume (2030) 1.08 Trillion cubic meters
CAGR 4.20 %
Fastest Growing Market North America
Largest Market North America
Market Concentration Medium

Major Players

Shale Gas Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Shale Gas Market Analysis

The Shale Gas Market size in terms of production volume is expected to grow from 0.88 trillion cubic meters in 2025 to 1.08 trillion cubic meters by 2030, at a CAGR of 4.2% during the forecast period (2025-2030).

  • Over the medium term, factors such as proved shale gas reserves and the recent technological interventions in horizontal drilling and hydraulic fracturing are expected to drive the market in the long term.
  • On the other hand, volatility in the oil market with prices below the shale gas production cost and high exploration cost are two critical restraints in the market.
  • Nevertheless, the discovery of new shale gas reserves are expected to create several opportunities for the market in the future.
  • North America is expected to be the largest market in the forecast period, owing to its large-scale production of shale gas in the region. The United States is expected to lead shale gas production in the area.

Shale Gas Industry Overview

The shale gas market is semi fragmented. Some of the key players in this market (in no particular order) includes Chesapeake Energy Corporation, Shell PLC, Exxon Mobil Corporation, PetroChina Company Limited, and ConocoPhillips Company, among others.

Shale Gas Market Leaders

  1. Exxon Mobil Corporation

  2. ConocoPhillips Company

  3. Chevron Corporation

  4. PetroChina Company Limited

  5. Shell PLC

  6. *Disclaimer: Major Players sorted in no particular order
Shale Gas Market Concentration
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Shale Gas Market News

  • In December 2023, the United Kingdom government announced a new package of actions to deliver on the government's manifesto affirmation to continue endowing the development of shale gas. The package comprises setting up a Shale Environmental Regulator and a new Planning Brokerage Service to focus exclusively on the planning process. 
  • In August 2023, Falcon Oil & Gas and joint venture partner Tamboran Resources discovered a substantial potential presence of dry gas during drilling of the Shenandoah South 1H (SS1H) shale gas exploration well located in Australia’s Beetaloo sub-basin.
  • In October 2022, Sinopec made a significant shale gas discovery in the Sichuan basin, paving way for it to establish 100 billion cubic metres per annum of gas production in southwest China.

Shale Gas Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Shale Gas Production and Forecast, until 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Proven Shale Gas Reserves
    • 4.5.1.2 Technological Advancement in Horizontal Drilling and Hydraulic Fracturing
    • 4.5.2 Restraints
    • 4.5.2.1 High Exploration Cost
  • 4.6 Supply Chain Analysis
  • 4.7 Porter Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Geography
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.1.3 Rest of North America
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.2.2 Argentina
    • 5.1.2.3 Chile
    • 5.1.2.4 Colombia
    • 5.1.2.5 Rest of South America
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 China
    • 5.1.3.2 India
    • 5.1.3.3 Japan
    • 5.1.3.4 Australia
    • 5.1.3.5 Malaysia
    • 5.1.3.6 Thailand
    • 5.1.3.7 Indonesia
    • 5.1.3.8 Vietnam
    • 5.1.3.9 Rest of Asia-Pacific
    • 5.1.4 Europe
    • 5.1.4.1 Germany
    • 5.1.4.2 France
    • 5.1.4.3 United Kingdom
    • 5.1.4.4 Italy
    • 5.1.4.5 Spain
    • 5.1.4.6 NORDIC
    • 5.1.4.7 Turkey
    • 5.1.4.8 Russia
    • 5.1.4.9 Rest of Europe
    • 5.1.5 Middle-East and Africa
    • 5.1.5.1 United Arab Emirates
    • 5.1.5.2 Saudi Arabia
    • 5.1.5.3 Qatar
    • 5.1.5.4 South Africa
    • 5.1.5.5 Nigeria
    • 5.1.5.6 Egypt

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Antero Resources Corp.
    • 6.3.2 Southwestern Energy Company
    • 6.3.3 EQT Corporation
    • 6.3.4 Equinor ASA
    • 6.3.5 Repsol SA
    • 6.3.6 China Petroleum & Chemical Corporation (SINOPEC)
    • 6.3.7 Chesapeake Energy Corporation
    • 6.3.8 Shell PLC
    • 6.3.9 Exxon Mobil Corporation
    • 6.3.10 Chevron Corporation
    • 6.3.11 PetroChina Company Limited
    • 6.3.12 ConocoPhillips Company
    • 6.3.13 Pioneer Natural Resources
  • *List Not Exhaustive
  • 6.4 Market Player Ranking

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Discovery of New Shale Gas Reserves
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Shale Gas Industry Segmentation

Shale gas is the natural gas enclosed within shale formations or the pores of this sedimentary rock.

The shale gas market is segmented by geography. The report also covers the size and forecasts for the shale gas market across major regions. The market sizing and predictions for the segment have been done based on production volume for all the above segments. 

Geography North America United States
Canada
Rest of North America
South America Brazil
Argentina
Chile
Colombia
Rest of South America
Asia-Pacific China
India
Japan
Australia
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
Europe Germany
France
United Kingdom
Italy
Spain
NORDIC
Turkey
Russia
Rest of Europe
Middle-East and Africa United Arab Emirates
Saudi Arabia
Qatar
South Africa
Nigeria
Egypt
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Shale Gas Market Research FAQs

How big is the Shale Gas Market?

The Shale Gas Market size is expected to reach 0.88 trillion cubic meters in 2025 and grow at a CAGR of 4.20% to reach 1.08 trillion cubic meters by 2030.

What is the current Shale Gas Market size?

In 2025, the Shale Gas Market size is expected to reach 0.88 trillion cubic meters.

Who are the key players in Shale Gas Market?

Exxon Mobil Corporation, ConocoPhillips Company, Chevron Corporation, PetroChina Company Limited and Shell PLC are the major companies operating in the Shale Gas Market.

Which is the fastest growing region in Shale Gas Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Shale Gas Market?

In 2025, the North America accounts for the largest market share in Shale Gas Market.

What years does this Shale Gas Market cover, and what was the market size in 2024?

In 2024, the Shale Gas Market size was estimated at 0.84 trillion cubic meters. The report covers the Shale Gas Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Shale Gas Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Shale Gas Industry Report

Statistics for the 2025 Shale Gas market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Shale Gas analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.