MRFR

  Market overview According to MRFR’s report, the global gas hydrates market is poised to witness lucrative growth at a substantial CAGR over the review period. Market Highlights It is expected that rising worldwide oil and gas production and increasing automobile industry would fuel business growth. Growing exploration and mining investments are being further increased to support demand growth in the coming years. In comparison, methane is the most popular component of gas hydrates and is thus projected to create profitable prospects for oil and gas firms to be deemed the cleanest burning fossil fuel. On the other hand, comparatively cheap and easily accessible alternative conventional fuels such as shale gas are likely to challenge market players. Nevertheless, numerous research projects initiated by major oil and gas players are likely to offer profitable opportunities for market players to explore methods for the effective and reliable extraction of gas hydrates. Market Segment...

  Market overview According to MRFR’s report, the global gas hydrates market is poised to witness lucrative growth at a substantial CAGR over the review period. Market Highlights It is expected that rising worldwide oil and gas production and increasing automobile industry would fuel business growth. Growing exploration and mining investments are being further increased to support demand growth in the coming years. In comparison, methane is the most popular component of gas hydrates and is thus projected to create profitable prospects for oil and gas firms to be deemed the cleanest burning fossil fuel. On the other hand, comparatively cheap and easily accessible alternative conventional fuels such as shale gas are likely to challenge market players. Nevertheless, numerous research projects initiated by major oil and gas players are likely to offer profitable opportunities for market players to explore methods for the effective and reliable extraction of gas hydrates. Market Segment...