According to a recent study conducted by Hexa Research, many nations worldwide are engaged in exploration of unconventional natural gas as a future source of energy that will solve problems of poor supplies and higher costs linked with conventional sources.
Introduction of technological advancements relating to methods of exploration and extraction such as drilling, hydraulic fracturing, etc., are contributing to market growth. Easily available resources are also proving beneficial to the same.
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Hexa Research segments the unconventional natural gas extraction market according to extraction techniques – viz. horizontal drilling and fracturing, and geography – viz. North America, Asia-Pacific, Europe and Rest of the World (ROW).
The North American region was valued at more than $54.5billion in 2011. Its CAGR is estimated to be 3.2% from 2013 to 2019. Asian region is anticipated to witness exponential growth with estimated CAGR of 23.2% from 2013 to 2019. Hexa Research determined the value of Asia’s market for vertical and directional drilling to be more than $370million in 2011.
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The main inhibitor of growth of the global unconventional natural gas extraction market is the environment impact of its exploration. Activities like drilling and extraction from wells, and its transportation through pipelines result in methane emissions. Moreover, construction undertaken for drilling is likely to change land usage and hamper existing ecosystems due to soil erosion. Hazardous chemicals employed in drilling, hydraulic fracturing and processing and refining the gas contribute to contamination of drinking water.
Hexa Research identifies Devon Energy Corporation, Chevron Corporation, British Gas, Baker Hughes, Chesapeake Energy, ExxonMobil Corporation, Siemens, Reliance Industries Ltd., ConocoPhilips Company, China National Offshore Oil Corporation, Halliburton Company, etc. as key participants in the global unconventional natural gas extraction industry.
Table of Contents:
Chapter 1 Executive Summary
1.1 Password Management – Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Password Management Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Password management Value Chain Analysis
2.4 Password management Market Dynamics
2.4.1 Key Driver Analysis
2.4.1.1 Rise in number of password management mechanisms
2.4.1.2 Strict regulatory compliance
2.4.1.3 Increasing cyber threat issues
2.4.2 Key Restraint Analysis
2.4.2.1 Growing customization requirements
2.4.2.2 Low success rate of password self service solutions
2.5 Key Opportunities Prioritized
2.6 Industry Analysis – Porter’s
2.7 Password management – Company Market Share Analysis, 2013
2.8 Password management – PESTEL Analysis
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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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Website: http://www.hexareports.com/report/unconventional-natural-gas-extraction-market/details