GAS TREATMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
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Increasing shale gas production
The widespread success of unconventional extraction techniques such as hydraulic fracturing has lifted natural gas output to unprecedented levels in recent times. Especially in North America, booming shale reserves have boosted domestic gas production and transformed international energy trade dynamics. This shale gas revolution has delivered largely positive outcomes but thrown up new challenges. Unrefined shale gas streams often contain a more complex mix of hydrocarbon compounds and traces of formation water compared to conventional reserves. Effective treatment is required to condition the raw gas for transportation and usage without compromising pipeline integrity or combustion quality standards.
As prolific shale formations such as the Marcellus and Permian basins sustain high levels of drilling activity, the volumes of associated gas production destined for commercial and industrial consumers continue to swell.
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