Shale Gas Processing Equipment Market - Recent Developments in the Market's Competitive Landscape (1)

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The natural oil and gas market is expanding its
orbit of implementations to personal as well
industrial spheres. Subsequently, organizations
have shifted their focus towards the exploration
of oil and gas. Recent discoveries of shale play
across the world have propelled the installation
of new gas processing plants. Oil companies
extract crude oil and natural gas by drilling
down horizontally into the deep layers of shale.
Further, natural gas needs to be thoroughly
processed before transmission for ultimate
usage. As the processing units begin to scale up
their operations, the need for gas processing
equipment has risen at a record pace. Ergo, the
ongoing proliferation in exploration and
production activities has driven the demand for
shale gas processing equipment. Looking For a
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e Information-driven Equipment Development Shall
Amplify Shale Gas Processing Equipment
Sales Hydraulic fracturing is widely used for
shale gas extraction. Besides, shale gas
processing equipment comprises electrical
machinery, internal combustion engines,
compressors, measuring devices, etc. As
exploration and production companies are making
their way towards shale gas production, process
cost-efficiency remains a prime concern for the
market players. Additionally, the unconventional
approach to building shale gas processing units
has slashed the performance of diverse plants.
Although this sudden downturn is concerning, the
situation offers room for improvisation and
reaping gains to the suppliers. Firms can use
information-driven technology to develop systems
and tools that efficiently filter the extracted
natural gas. Right calls at the right moments in
time will expectedly reap the financial rewards
for the shale process equipment
producers. Prominent Competitors Leading in the
Worldwide Shale Gas Processing Equipment
Market Major players leading the global shale
gas processing equipment market are the Exterran
Corporation, Linde Engineering, GasTech
Engineering LLC, Pall Corporation, Camaron,
Membrane Technology Research, Honeywell UOP,
Pall Corporation, Johnson Controls, Newpoint Gas
LP, and Exterran, and Van Gas System,
Schlumberger Limited. The market holds lucrative
opportunities for the aforementioned companies
in the times to follow. Extensive Shale Gas
Production in North America Impels Regional
Market Growth Demand for shale gas processing
equipment is soaring high in North America,
followed by APAC regions. Development of shale
plays in the East viz Marcellus, and Utica are
major drivers for US natural gas production. The
increasing output from Appalachian and Permian
basins has fueled the production of shale gas in
the region by 10. Consequently, the shale gas
processing equipment
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market is blooming with downstream opportunities,
proliferating energy demand, and productivity
gains. In the APAC region, China and Australia
play a major part in the expansion of gas supply.
China is leading the market with 1250 trillion
cubic feet gas reserves. The chief reason for
this expansion is exceptional support from the
Chinese government for the localization of gas
supply. On the other hand, Australia boosted its
in-line production for LNG exports. Furthermore,
investors are willing to capitalize on South
Africa's shale gas resources to utilize the
natural gas in gas-to-liquids (GTL), and
coal-to-liquids (CTL) plants. Hence, the increase
in gas production has given rise to the demand
for shale gas processing equipment in Asia
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