Shale oil is extracted from shale rock by using the hydraulic fracking technique and is used as an alternative to conventional energy sources. With the decreasing availability of other fuels, innovations are made in the extraction methods used for obtaining shale oil. Shale oil can be used as a substitute for other energy sources such as crude oil, coal, fossil fuels, and others. The retorting process is being used in extracting shale oil, where it is exposed to high temperatures in the absence of oxygen.
The global shale oil market is expected to grow at a CAGR of 16.4% during the forecast period. Shale oil is primarily used as a source of power generation in the industrial sector. It is also being used as a fuel to drive the turbines in thermal power plants. Due to increasing industrialization, the global demand for shale oil is rising. The high cost associated with the extraction of shale oil may hinder the growth of the global shale oil market. Moreover, there have been high investments in research and development of other energy sources as an alternative to conventional energy sources, which will further propel the shale oil market.
The shale oil market is segmented on the basis of process, technology, product and application. On the basis of process, the market has been segmented as ore preparation, shale oil exploration, shale oil retorting, shale oil refining, and others. In the process for shale oil extraction, kerogen which is present in oil shale, under the process of pyrolysis, gets converted to shale oil.
On the basis of regions, North America is having the highest share in the market due the presence of major players in the region such as Anadarko Petroleum Corporation, ConocoPhillips, Marathon Oil Corporation, and others. In addition to this, this region produces shale oil in large quantities and is further expected to invest in the market. Moreover, the Asia-Pacific region is expected to witness significant growth in the shale oil market during the forecast years due to rising investments in substitutes for conventional energy sources.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Shale Oil Market, 2016-2023, (Per Barrel) (US$ Mn)
2.1 Market Snapshot: Global Shale Oil Market
2.2 Market Dynamics
2.3 Global Shale Oil Market, by Segment, 2018
2.3.1 Global Shale Oil Market, by Process, 2018, (Per Barrel) (US$ Mn)
2.3.2 Global Shale Oil Market, by Product, 2018, (Per Barrel) (US$ Mn)
2.3.3 Global Shale Oil Market, by Technology, 2018 (Per Barrel) (US$ Mn)
2.3.4 Global Shale Oil Market, by Application, 2018 (Per Barrel) (US$ Mn)
2.3.5 Global Shale Oil Market, by Region, 2018 (Per Barrel) (US$ Mn)
2.4 Premium Insights
2.4.1 Shale Oil Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Shale Oil Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Growing use of shale oil as a source of power generation in industrial sector
3.2.2 Increasing use of shale oil in production of sulphur and ammonia
3.2.3 Driver 3
3.3 Market Restraints
3.3.1 Increasing salinity of water during extraction process
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Need for an alternative for conventional energy source
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Shale Oil Market, by Process
4.1 Market Overview, by Process
4.1.1 Global Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
4.1.2 Incremental Opportunity, by Process, From 2018-2023
4.2 Shale Oil Exploration
4.2.1 Global Shale Oil Market, by Shale Oil Exploration, 2016-2023, (Per Barrel) (US$ Mn)
4.3 Ore Preparation
4.3.1 Global Shale Oil Market, by Ore Preparation, 2016-2023, (Per Barrel) (US$ Mn)
4.4 Shale Oil Retorting
4.4.1 Global Shale Oil Market, by Shale Oil Retorting, 2016-2023, (Per Barrel) (US$ Mn)
4.5 Shale Oil Refining
4.5.1 Global Shale Oil Market, by Shale Oil Refining, 2016-2023, (Per Barrel) (US$ Mn)
4.6 Others
4.6.1 Global Shale Oil Market, by Others, 2016-2023, (Per Barrel) (US$ Mn)
Chapter 5 Global Shale Oil Market, by Product
5.1 Market Overview, by Product
5.1.1 Global Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
5.1.2 Incremental Opportunity, by Product, From 2018-2023
5.2 Shale Oil
5.2.1 Global Shale Oil Market, by Shale Oil, 2016-2023, (Per Barrel) (US$ Mn)
5.3 Kerosene
5.3.1 Global Shale Oil Market, by Kerosene, 2016-2023, (Per Barrel) (US$ Mn)
5.4 Diesel
5.4.1 Global Shale Oil Market, by Diesel, 2016-2023, (Per Barrel) (US$ Mn)
5.5 Propane and Butane Gas
5.5.1 Global Shale Oil Market, by Propane and Butane Gas, 2016-2023, (Per Barrel) (US$ Mn)
Chapter 6 Global Shale Oil Market, by Technology
6.1 Market Overview, by Technology
6.1.1 Global Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
6.1.2 Incremental Opportunity, by Technology, From 2018-2023
6.2 In-situ
6.2.1 Global Shale Oil Market, by In-situ, 2016-2023, (Per Barrel) (US$ Mn)
6.3 Ex-situ
6.3.1 Global Shale Oil Market, by Ex-situ, 2016-2023, (Per Barrel) (US$ Mn)
Chapter 7 Global Shale Oil Market, by Application
7.1 Market Overview, by Application
7.1.1 Global Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
7.1.2 Incremental Opportunity, by Application, From 2018-2023
7.2 Fuel
7.2.1 Global Shale Oil Market, by Fuel, 2016-2023, (Per Barrel) (US$ Mn)
7.3 Electricity
7.3.1 Global Shale Oil Market, by Electricity, 2016-2023, (Per Barrel) (US$ Mn)
7.4 Chemicals
7.4.1 Global Shale Oil Market, by Chemicals, 2016-2023, (Per Barrel) (US$ Mn)
7.5 Others
7.5.1 Global Shale Oil Market, by Others, 2016-2023, (Per Barrel) (US$ Mn)
Chapter 8 Global Shale Oil Market, by Region
8.1 Market Overview, by Region
8.1.1 Global Shale Oil Market, by Region, 2016-2023, (Per Barrel) (US$ Mn)
8.2 Attractive Investment Opportunity, by Region, 2018
8.3 North America Shale Oil Market
8.3.1 North America Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
8.3.2 North America Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
8.3.3 North America Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
8.3.4 North America Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
8.3.5 United States Country Profile
8.3.5.1 United States Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.3.6 Canada Country Profile
8.3.6.1 Canada Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.3.7 Mexico Country Profile
8.3.7.1 Mexico Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4 Europe Shale Oil Market
8.4.1 Europe Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
8.4.2 Europe Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
8.4.3 Europe Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
8.4.4 Europe Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
8.4.5 United Kingdom Country Profile
8.4.5.1 United Kingdom Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4.6 Germany Country Profile
8.4.6.1 Germany Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4.7 France Country Profile
8.4.7.1 France Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4.8 Italy Country Profile
8.4.8.1 Italy Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4.9 Spain Country Profile
8.4.9.1 Spain Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.4.10 Rest of Europe
8.4.10.1 Rest of Europe Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5 Asia Pacific Shale Oil Market
8.5.1 Asia Pacific Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
8.5.2 Asia Pacific Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
8.5.3 Asia Pacific Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
8.5.4 Asia Pacific Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
8.5.5 China Country Profile
8.5.5.1 China Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5.6 Japan Country Profile
8.5.6.1 Japan Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5.7 India Country Profile
8.5.7.1 India Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5.8 Indonesia Country Profile
8.5.8.1 Indonesia Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5.9 Thailand Country Profile
8.5.9.1 Thailand Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.5.10 Rest of Asia Pacific
8.5.10.1 Rest of Asia Pacific Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.6 Latin America Shale Oil Market
8.6.1 Latin America Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
8.6.2 Latin America Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
8.6.3 Latin America Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
8.6.4 Latin America Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
8.6.5 Brazil Country Profile
8.6.5.1 Brazil Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.6.6 Argentina Country Profile
8.6.6.1 Argentina Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.6.7 Rest of Latin America
8.6.7.1 Rest of Latin America Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.7 Middle East & Africa Shale Oil Market
8.7.1 Middle East & Africa Shale Oil Market, by Process, 2016-2023 (Per Barrel) (US$ Mn)
8.7.2 Middle East & Africa Shale Oil Market, by Product, 2016-2023 (Per Barrel) (US$ Mn)
8.7.1 Middle East & Africa Shale Oil Market, by Technology, 2016-2023 (Per Barrel) (US$ Mn)
8.7.2 Middle East & Africa Shale Oil Market, by Application, 2016-2023 (Per Barrel) (US$ Mn)
8.7.3 Southern Africa
8.7.3.1 Southern Africa Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.7.4 Northern Africa
8.7.4.1 Northern Africa Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.7.5 GCC
8.7.5.1 GCC Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
8.7.6 Rest of Middle East & Africa
8.7.6.1 Rest of Middle East & Africa Shale Oil Market, 2016-2023 (Per Barrel) (US$ Mn)
Chapter 9 Competitive Intelligence
9.1 Market Players Present in Market Life Cycle
9.2 Top 5 Players Comparison
9.3 Market Positioning of Key Players, 2018
9.4 Market Players Mapping
9.4.1 By Process
9.4.2 By Product
9.4.3 By Application
9.4.4 By Region
9.5 Strategies Adopted by Key Market Players
9.6 Recent Developments in the Market
9.6.1 Mergers & Acquisitions, Partnership, New Developments
9.7 Operational Efficiency Comparison by Key Players
Chapter 10 Company Profiles
10.1 Bossard Holding AG
10.1.1 BP Overview
10.1.2 Key Stakeholders/Person in Bossard Holding AG
10.1.3 BP Products Portfolio
10.1.4 BP Financial Overview
10.1.5 BP News/Recent Developments
10.2 Chevron
10.2.1 Chevron Overview
10.2.2 Key Stakeholders/Person in Chevron
10.2.3 Chevron Products Portfolio
10.2.4 Chevron Financial Overview
10.2.5 Chevron News/Recent Developments
10.3 ConocoPhillips
10.3.1 ConocoPhillips Overview
10.3.2 Key Stakeholders/Person in ConocoPhillips
10.3.3 ConocoPhillips Products Portfolio
10.3.4 ConocoPhillips Financial Overview
10.3.5 ConocoPhillips News/Recent Developments
10.4 Electro-Petroleum, Inc.
10.4.1 Electro-Petroleum, Inc. Overview
10.4.2 Key Stakeholders/Person in Electro-Petroleum, Inc.
10.4.3 Electro-Petroleum, Inc. Products Portfolio
10.4.4 Electro-Petroleum, Inc. Financial Overview
10.4.5 Electro-Petroleum, Inc. News/Recent Developments
10.5 Exxon Mobil
10.5.1 Exxon Mobil Overview
10.5.2 Key Stakeholders/Person in Exxon Mobil
10.5.3 Exxon Mobil Products Portfolio
10.5.4 Exxon Mobil Financial Overview
10.5.5 Exxon Mobil News/Recent Developments
10.6 Fushun Mining Group
10.6.1 Fushun Mining Group Overview
10.6.2 Key Stakeholders/Person in Fushun Mining Group
10.6.3 Fushun Mining Group Products Portfolio
10.6.4 Fushun Mining Group Financial Overview
10.6.5 Fushun Mining Group News/Recent Developments
10.7 Mountain West Energy, LLC
10.7.1 Mountain West Energy, LLC Overview
10.7.2 Key Stakeholders/Person in Mountain West Energy, LLC
10.7.3 Mountain West Energy, LLC Products Portfolio
10.7.4 Mountain West Energy, LLC Financial Overview
10.7.5 Mountain West Energy, LLC News/Recent Developments
10.8 Petrobras
10.8.1 Petrobras Overview
10.8.2 Key Stakeholders/Person in Petrobras
10.8.3 Petrobras Products Portfolio
10.8.4 Petrobras Financial Overview
10.8.5 Petrobras News/Recent Developments
10.9 Royal Dutch Shell
10.9.1 Royal Dutch Shell Overview
10.9.2 Key Stakeholders/Person in Royal Dutch Shell
10.9.3 Royal Dutch Shell Products Portfolio
10.9.4 Royal Dutch Shell Financial Overview
10.9.5 Royal Dutch Shell News/Recent Developments
10.10 Statoil
10.10.1 Statoil Overview
10.10.2 Key Stakeholders/Person in Statoil
10.10.3 Statoil Products Portfolio
10.10.4 Statoil Financial Overview
10.10.5 Statoil News/Recent Developments
TABLE 1 Market Snapshot: Global Shale Oil Market Value
TABLE 2 Global Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 3 Global Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 4 Global Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 5 Global Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 6 Global Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 7 Global Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 8 Global Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 9 Global Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 10 Global Shale Oil Market, by Region, 2016-2023 (Per Barrel)
TABLE 11 Global Shale Oil Market, by Region, 2016-2023 (US$ Mn)
TABLE 12 North America Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 13 North America Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 14 North America Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 15 North America Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 16 North America Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 17 North America Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 18 North America Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 19 North America Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 20 Europe Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 21 Europe Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 22 Europe Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 23 Europe Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 24 Europe Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 25 Europe Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 26 Europe Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 27 Europe Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 28 Asia Pacific Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 29 Asia Pacific Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 30 Asia Pacific Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 31 Asia Pacific Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 32 Asia Pacific Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 33 Asia Pacific Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 34 Asia Pacific Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 35 Asia Pacific Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 36 Latin America Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 37 Latin America Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 38 Latin America Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 39 Latin America Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 40 Latin America Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 41 Latin America Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 42 Latin America Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 43 Latin America Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 44 Middle East & Africa Shale Oil Market, by Process, 2016-2023 (Per Barrel)
TABLE 45 Middle East & Africa Shale Oil Market, by Process, 2016-2023 (US$ Mn)
TABLE 46 Middle East & Africa Shale Oil Market, by Product, 2016-2023 (Per Barrel)
TABLE 47 Middle East & Africa Shale Oil Market, by Product, 2016-2023 (US$ Mn)
TABLE 48 Middle East & Africa Shale Oil Market, by Technology, 2016-2023 (Per Barrel)
TABLE 49 Middle East & Africa Shale Oil Market, by Technology, 2016-2023 (US$ Mn)
TABLE 50 Middle East & Africa Shale Oil Market, by Application, 2016-2023 (Per Barrel)
TABLE 51 Middle East & Africa Shale Oil Market, by Application, 2016-2023 (US$ Mn)
TABLE 52 Top 5 Players Comparison
TABLE 53 Market Players Mapping – By Process
TABLE 54 Top Players Market Mapping – By Product
TABLE 55 Top Players Market Mapping – By Application
TABLE 56 Top Players Market Mapping – By Region
TABLE 57 Strategies Adopted by Key Market Players
TABLE 58 Mergers & Acquisitions, Partnership, New Developments
TABLE 59 BP Overview
TABLE 60 Key Stakeholders/Person in Bossard Holding AG
TABLE 61 BP Portfolio
TABLE 62 BP News/Recent Developments
TABLE 63 Chevron Overview
TABLE 64 Key Stakeholders/Person in Chevron
TABLE 65 Chevron Portfolio
TABLE 66 Chevron News/Recent Developments
TABLE 67 ConocoPhillips Overview
TABLE 68 Key Stakeholders/Person in ConocoPhillips
TABLE 69 ConocoPhillips Portfolio
TABLE 70 ConocoPhillips News/Recent Developments
TABLE 71 Electro-Petroleum, Inc. Overview
TABLE 72 Key Stakeholders/Person in Electro-Petroleum, Inc.
TABLE 73 Electro-Petroleum, Inc. Portfolio
TABLE 74 Electro-Petroleum, Inc. News/Recent Developments
TABLE 75 Exxon Mobil Overview
TABLE 76 Key Stakeholders/Person in Exxon Mobil
TABLE 77 Exxon Mobil Portfolio
TABLE 78 Exxon Mobil News/Recent Developments
TABLE 79 Fushun Mining Group Overview
TABLE 80 Key Stakeholders/Person in Fushun Mining Group
TABLE 81 Fushun Mining Group Portfolio
TABLE 82 Fushun Mining Group News/Recent Developments
TABLE 83 Mountain West Energy, LLC Overview
TABLE 84 Key Stakeholders/Person in Mountain West Energy, LLC
TABLE 85 Mountain West Energy, LLC Portfolio
TABLE 86 Mountain West Energy, LLC News/Recent Developments
TABLE 87 Petrobras Overview
TABLE 88 Key Stakeholders/Person in Petrobras
TABLE 89 Petrobras Portfolio
TABLE 90 Petrobras News/Recent Developments
TABLE 91 Royal Dutch Shell Overview
TABLE 92 Key Stakeholders/Person in Royal Dutch Shell
TABLE 93 Royal Dutch Shell Portfolio
TABLE 94 Royal Dutch Shell News/Recent Developments
TABLE 95 Statoil Overview
TABLE 96 Key Stakeholders/Person in Statoil
TABLE 97 Statoil Portfolio
TABLE 98 Statoil News/Recent Developments
