GLOBAL UNCONVENTIONAL GAS MARKET ESTIMATED TO REACH US$ 269 BN BY 2026
Pythonholic18 Mar, 2021Business
The global unconventional gas market was valued at around US$ 128 Bn in 2017 and is anticipated to expand at a CAGR of 8.61% from 2018 to 2026, according to a new report titled ?Unconventional Gas Market ? Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018?2026,? published by Transparency Market Research (TMR) Unconventional natural gas, which includes shale gas, tight gas, and coalbed methane, has been more difficult and costly to exploit than conventional deposits. Fossil fuels accounted for more than 85% of the global demand for energy by the end of 2016. Natural gas ranked third (24%), after oil (33%) and coal (28%) during the same period.
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