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Oil Shale Market Report by Product, Process, Technology, Application, and Region 2024-2032

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    Report

  • 147 Pages
  • August 2024
  • Region: Global
  • IMARC Group
  • ID: 5912201
The global oil shale market size reached US$ 3.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 6.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.97% during 2023-2032.

Oil shale is a sedimentary rock containing large amounts of fossil organic matter, known as kerogen. It is used to obtain liquid shale oil, which is further employed in the production of fuel oil, including gasoline, diesel, natural gas, and liquid petroleum gas (LPG), and other hydrocarbons using advanced processing methods. Its by-products can also be utilized to produce commercial products, such as ammonia, sulfur, alumina, soda ash, and nahcolite. At present, spent oil shale finds extensive application in cement production around the world.

Oil Shale Market Trends:

Inflating crude oil prices and the cost benefits of using oil shale over conventional energy resources act as major factors shifting consumer preferences towards oil shale. The market is also influenced by boosting sales of vehicles on account of increasing income levels and rapid urbanization. Moreover, the growing electricity consumption and the construction of new power plants are catalyzing the demand for shale oil worldwide, which, in turn, is strengthening the market growth. Shale oil can be fired in a furnace as a boiler fuel to produce steam for power generation. Furthermore, a significant increase in construction activities across the globe is escalating the demand for cement and other products, which, in turn, is driving the market.

Apart from this, advancements in drilling techniques and the advent of innovative technologies of mining and retorting are assisting in reducing the overall operating costs. This, in confluence with the development of new in situ methods for shale oil extraction and the rising use of geospatial infrastructure for managing large volumes of oil shale data, is anticipated to impel the growth of the overall market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global oil shale market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, process, technology and application.

Breakup by Product:

  • Shale Gasoline
  • Shale Diesel
  • Kerosene
  • Heavy Oil

Breakup by Process:

  • Oil Shale Exploration
  • Ore Preparation
  • Oil Shale Retortion
  • Shale Oil Refining
  • Others

Breakup by Technology:

  • In-situ
  • Ex-situ

Breakup by Application:

  • Electricity
  • Fuel
  • Cement and Chemicals
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Resources Inc., AuraSource Inc., BP p.l.c., Chevron Corporation, Eesti Energia AS, Exxon Mobil Corporation, Independent Energy Partners Inc., Japan Oil, Gas and Metals National Corporation, Queensland Energy Resources and Royal Dutch Shell plc.

Key Questions Answered in This Report:

  • How has the global oil shale market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global oil shale market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the process?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global oil shale market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Oil Shale Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Shale Gasoline
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Shale Diesel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Kerosene
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Heavy Oil
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Process
7.1 Oil Shale Exploration
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Ore Preparation
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Oil Shale Retortion
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Shale Oil Refining
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Technology
8.1 In-situ
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ex-situ
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Electricity
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Fuel
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Cement and Chemicals
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 American Resources Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 AuraSource Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 BP p.l.c.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Chevron Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Eesti Energia AS
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 SWOT Analysis
15.3.6 Exxon Mobil Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Independent Energy Partners Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Japan Oil, Gas and Metals National Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Queensland Energy Resources
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Royal Dutch Shell plc
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Oil Shale Market: Major Drivers and Challenges
Figure 2: Global: Oil Shale Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Oil Shale Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Oil Shale Market: Breakup by Product (in %), 2023
Figure 5: Global: Oil Shale Market: Breakup by Process (in %), 2023
Figure 6: Global: Oil Shale Market: Breakup by Technology (in %), 2023
Figure 7: Global: Oil Shale Market: Breakup by Application (in %), 2023
Figure 8: Global: Oil Shale Market: Breakup by Region (in %), 2023
Figure 9: Global: Oil Shale (Shale Gasoline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Oil Shale (Shale Gasoline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Oil Shale (Shale Diesel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Oil Shale (Shale Diesel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Oil Shale (Kerosene) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Oil Shale (Kerosene) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Oil Shale (Heavy Oil) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Oil Shale (Heavy Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Oil Shale (Oil Shale Exploration) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Oil Shale (Oil Shale Exploration) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Oil Shale (Ore Preparation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Oil Shale (Ore Preparation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Oil Shale (Oil Shale Retortion) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Oil Shale (Oil Shale Retortion) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Oil Shale (Shale Oil Refining) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Oil Shale (Shale Oil Refining) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Oil Shale (Other Processes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Oil Shale (Other Processes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Oil Shale (In-situ) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Oil Shale (In-situ) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Oil Shale (Ex-situ) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Oil Shale (Ex-situ) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Oil Shale (Electricity) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Oil Shale (Electricity) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Oil Shale (Fuel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Oil Shale (Fuel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Oil Shale (Cement and Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Oil Shale (Cement and Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Oil Shale (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Oil Shale (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Oil Shale Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Oil Shale Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Oil Shale Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Oil Shale Industry: SWOT Analysis
Figure 89: Global: Oil Shale Industry: Value Chain Analysis
Figure 90: Global: Oil Shale Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Oil Shale Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Oil Shale Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Oil Shale Market Forecast: Breakup by Process (in Million US$), 2024-2032
Table 4: Global: Oil Shale Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 5: Global: Oil Shale Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Oil Shale Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Oil Shale Market: Competitive Structure
Table 8: Global: Oil Shale Market: Key Players

Companies Mentioned

  • American Resources Inc.
  • AuraSource Inc.
  • BP p.l.c.
  • Chevron Corporation
  • Eesti Energia AS
  • Exxon Mobil Corporation
  • Independent Energy Partners Inc.
  • Japan Oil
  • Gas
  • Metals National Corporation
  • Queensland Energy Resources
  • Royal Dutch Shell plc

Methodology

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Table Information