Oil Shale Market by Products Types, Future Demand, Size, Growth, Revenue, Statistics – Opportunity Analysis and Industry Forecast 2018-2025

Oil shale is an organic-rich finely grained structure containing organic chemical compounds. It is a bituminous material containing kerogen in solid form, which liberates liquid hydrocarbons during heating of rocks through a chemical process such as pyrolysis. Oil shale is mined and processed to produce oil, which has similar properties to conventional oil pumped from oil reservoirs, and thus, it is considered as a substitute for crude oil. The deposit of oil shale is found in various regions, but large shale oil deposits are found in the U.S. and Russia.  The global oil shale market was valued at $1,609 million in 2017, and is projected to reach $5,636 million by 2025, growing at a CAGR of 16.7% from 2018 to 2025.

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The drivers acknowledged for the global oil shale market include increase in depletion of sources of crude oil reserves and benefits of oil shale such as reduction in energy dependence and oil prices. However, high cost of equipment, mining, and processing technology has increased the cost of retorting oil from oil shale, and this factor is expected to impede the market growth. On the contrary, development in drilling technology has increased the production of the oil shale fields, which will offer future growth opportunities to the market.

The oil shale market is segmented based on product type, process, application, and country. Based on product type, the market is segmented into oil, gas, coke, and others. By process, it is bifurcated into in-situ technology and ex-situ technology. Based on application, the market is divided into electricity, fuel, cement, and others. The market is analyzed based on country into the U.S., Estonia, Russia, China, and Brazil.

The major key players in the oil shale market include AFSK HOM TOV, American Resource Petroleum Corp., American Shale Oil Corp. (AMSO), Aurasource, Inc., Blue Ensign Technologies Ltd., Chattanooga Corp., Chevron Shale Oil Company, Eesti Põlevkivi, Electro-Petroleum, Inc., and Exxon Mobil Corp. Other companies in the value chain (not included in the report) include Petrobras, Fushun Mining Group, and Mountain West Energy, LLC.

Key Benefits for Oil Shale Market :

  • This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with strategic assessment of the global oil shale market.
  • The market size and estimations are based on comprehensive analysis of the end users, developments, and services in the industry.
  • An in-depth analysis based on region assists to understand the regional market and facilitate the strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

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Table of Content:


1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research

1.4.2. Primary research

1.4.3. Analyst tools and models


2.1. Key findings of the study

2.1.1. CXO perspective


3.1. Market definition and scope

3.2. Key findings

3.2.1. Top investment pockets

3.2.2. Top winning strategies

3.3. Porter’s Five Forces Analysis

3.3.1. Bargaining power of suppliers

3.3.2. Bargaining power of buyer

3.3.3. Thereat of new entrants

3.3.4. Threat of substitute

3.3.5. Intensity of competitive rivalry

3.4. Top Player Positioning, 2017

3.5. Market dynamics

3.5.1. Drivers Growing demand for energy worldwide Growing depletion of crude oil reserves

3.5.2. Restraint High cost of equipment, mining, and processing technology

3.5.3. Opportunity Development in drilling technology


4.1. Overview

4.1.1. Market size and forecast

4.2. Oil

4.2.1. Key Market Trends, Growth factors and opportunities

4.2.2. Market size and forecast

4.3. Gas

4.3.1. Key Market trends, growth factors and opportunities

4.3.2. Market size and forecast

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Chief editor of review team at The Innovative Reports and Market Research Analyst, Jena is an expert in the area of B2B and SaaS related products. She has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.

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