Tight gas is natural gas produced from reservoir rocks with such low permeability that massive hydraulic fracturing is necessary to produce the well at economic rates. Tight gas reservoirs are generally defined as having less than 0.1 millidarcy (mD) matrix permeability and less than ten percent matrix porosity. Although shales have low permeability and low effective porosity, shale gas is usually considered separate from tight gas, which is contained most commonly in sandstone, but sometimes in limestone. Tight gas is considered an unconventional source of natural gas.
This report contains market size and forecasts of Tight Gas in global, including the following market information:
Global Tight Gas Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tight Gas Market Sales, 2017-2022, 2023-2028, (Bcf)
Global top five Tight Gas companies in 2021 (%)
The global Tight Gas market was valued at 13690 million in 2021 and is projected to reach US$ 18240 million by 2028, at a CAGR of 4.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Processed Tight Gas Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tight Gas include Exxon Mobil, Royal Dutch Shell, Chevron, CNPC, Sinopec Group, Canadian Natural, YPF and Valeura Energy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tight Gas manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tight Gas Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Bcf)
Global Tight Gas Market Segment Percentages, by Type, 2021 (%)
Processed Tight Gas
Unprocessed Tight Gas
Global Tight Gas Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Bcf)
Global Tight Gas Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industrial Production
Power Generation
Others
Global Tight Gas Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Bcf)
Global Tight Gas Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tight Gas revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tight Gas revenues share in global market, 2021 (%)
Key companies Tight Gas sales in global market, 2017-2022 (Estimated), (Bcf)
Key companies Tight Gas sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Exxon Mobil
Royal Dutch Shell
Chevron
CNPC
Sinopec Group
Canadian Natural
YPF
Valeura Energy