Oil shale, also known as kerogen shale, is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons called shale oil (not to be confused with tight oil?crude oil occurring naturally in shales) can be produced. Shale oil is a substitute for conventional crude oil; however, extracting shale oil from oil shale is more costly than the production of conventional crude oil both financially and in terms of its environmental impact. Deposits of oil shale occur around the world, including major deposits in the United States. Estimates of global deposits range from 4.8 to 5 trillion barrels (760?109 to 790?109 m3) of oil in place.
Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons called shale oil (not to be confused with tight oil?crude oil occurring naturally in shales) can be produced.

In the last several years, some fluctuations occurred in the market. In 2015, the capacity of Oil Shale is nearly 2950 M m3; the actual production is about 1656 M m3. Both of capacity and production declined compared with 2014.

The average price of Oil Shale is in the decreasing trend, from 55.4 USD/m3 in 2011 to 29.9 USD/m3 in 2015. With the situation of mining technology, prices will be in decreasing trend in the following five years.

The classification based on oil production of Oil Shale includes below 6%, 6%- 10% and 10% above, and the proportion of below 6% in 2015 is about 62%.

Oil Shale is widely used in Powder Generation, Shale Oil and other field. The most proportion of Oil Shale is Shale Oil, and the consumption proportion in 2015 is about 89%. Oil shale can also be applied for building materials, cement and fertilizers.

Bakken, Eagle Ford, Permian Basin are the main supply places. Bakken is the largest supplier of Oil Shale, with a production market share nearly 30% in 2015.

North America and Europe are the largest consumption places, with a consumption market share nearly 28% in 2015. Following North America and Europe, China is the third largest consumption place with the consumption market share of 19%.

Market competition is not intense. Anadarko, Occidental Petroleum, Chesapeake Energy, ExxonMobil, etc. are the leaders of the industry, and they hold key technologies and patents.


According to this study, over the next five years the Oil Shale market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Shale business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Shale market by product type, application, key manufacturers and key regions and countries.

This study considers the Oil Shale value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
<6%
6%-10%
>10%
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electricity
Shale Oil
Other

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Anadarko
Occidental Petroleum
Chesapeake Energy
ExxonMobil
Marathon Oil
Chevron Corporation
EOG Resources
Pioneer Natural Resources
SM Energy
ConocoPhillips
Cabot Oil & Gas

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Oil Shale consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Oil Shale market by identifying its various subsegments.
Focuses on the key global Oil Shale manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Oil Shale with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Oil Shale submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.