Press release
Methane Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Methane Market
The Business Research Company offers in-depth market insights through Methane Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The methane market size has grown strongly in recent years. It will grow from $106.65 billion in 2023 to $117.07 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to industrialization and energy production, agricultural activities, waste management, fossil fuel extraction, deforestation and land use changes..
The methane market size is expected to see strong growth in the next few years. It will grow to $167.09 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to renewable energy initiatives, shift towards sustainable practices, investments in methane abatement solutions, methane monitoring and reporting standards.. Major trends in the forecast period include rising climate change awareness, methane emission monitoring, agricultural emission reduction, industrial emission reduction initiatives, policy and regulation changes..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=9939&type=smp
Market Segmentation:
The methane market covered in this report is segmented -
1) By Source: Natural, Synthetic
2) By Production Method: Fermentation, Gasification
3) By Application: Fuel, Natural Gas, Chemical Feedstock, Liquified Natural Gas, Liquid-Methane Rocket Fuel, Power Generation, Residential, Other Applications
4) By End Users: Automotive, Aerospace and Defense, Electrical, Chemical, Other End Users
Major Driver - Methane Market Driven By Surging Demand In The Automotive Industry
The increasing demand in the automotive industry is expected to boost the growth of the methane market going forward. The automotive sector includes firms engaged in producing, vending, fixing, and customizing motorized vehicles. Methane in the automotive industry is used to power automobiles due to its various advantages such as being a cheap and clean source (emits less harmful particles) of fuel as compared to conventional gasoline and diesel and is generally utilized in light-duty cars in compressed form (compressed natural gas, CNG, or compressed biogas, CBG) and liquefied form in heavy-duty long-haul vehicles. For instance, according to a study released by the European Automobile Manufacturers Association, a Belgium-based standard group, in April 2022, 79.1 million automobiles were produced globally in 2021, rising 1.3% from the previous year. Additionally, in March 2022, according to a report published by the US Department Of Energy, a US-based agency that manages nuclear infrastructure and energy policies, electric vehicle (EV) sales increased by 85% in 2021. Therefore, the increasing demand in the automotive sector is driving the methane market.
Competitive Landscape:
Major companies operating in the methane market report are BP plc, Oil and Natural Gas Corporation, IGas Energy plc, Black Diamond Energy Inc., China National Petroleum Corporation, Senex Energy Limited, Shell plc, China National Offshore Oil Corporation, Dart Energy Corporation, Metgasco Limited, G3 Exploration Ltd., AGT International AG, Air Liquide SA, Axcel Gases, Bhuruka Gases Limited, Chemix Specialty Gases and Equipment, Chengdu Taiyu Industrial Gases Co. Ltd., Linde plc, Osaka Gas Co. Ltd., Qingdao Guida Special Gas Co. Ltd., Primus Green Energy Inc., Gazprom Neft PJSC, Allied Aviation Services Inc., Bharat Petroleum Corp. Ltd., Chevron Corporation, Exxon Mobil Corporation, Honeywell International Inc., TotalEnergies SE, Hess Corporation, Koch Minerals & Trading LLC, .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/methane-global-market-report
Top Trend - Innovative Technological Advancements Driving The Methane Market
Technological advancements are a key trend gaining popularity in the methane market. Major companies operating in the methane market are adopting new technologies to sustain their position in the market. For instance, in April 2021, Honeywell International Inc, a US-based company that invents and manufactures technologies in energy, introduced a gas cloud imaging (GCI) system known as the Mini GCI system to provide automated and continuous monitoring for methane leaks at oil and gas, chemical, and power-producing plants. Mini GCI devices can be installed throughout an industrial site to continually monitor for gas leaks and send notifications when they occur. The technology, which is powered by patented hyperspectral gas analytics and artificial intelligence, gives facility operators a colorful visualization of the gas plume type, position, direction, size, and concentration. This enables an earlier and more effective response before leaks turn into larger emissions or safety hazards.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Methane Market Characteristics
3. Methane Market Trends And Strategies
4. Methane Market - Macro Economic Scenario
5. Methane Market Size And Growth
…..
27. Methane Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Methane Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033 here
News-ID: 3405759 • Views: …
More Releases from The Business research company
Dispersing Agents Market Report 2024 - Market Size, Growth Rate, Major Drivers A …
"The dispersing agents market size has grown strongly in recent years. It will grow from $6.77 billion in 2023 to $7.31 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growing industrialization, rising demand in end-use industries, environmental regulations, focus on research and developmen, increasing population and urbanization.
The dispersing agents market size is expected to…
Data Center Server Market Competitive And Growth Analysis 2024 | Hewlett Packard …
"The data center server market size has grown strongly in recent years. It will grow from $54.94 billion in 2023 to $58.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to data explosion, cloud computing adoption, virtualization and consolidation, demand for high-performance computing (hpc), emergence of big data analytics..
The data center server market size is…
2024 Global Controlled Substance Market Size, Share, Trends And Growth Analysis …
"The controlled substance market size has grown strongly in recent years. It will grow from $89.78 billion in 2023 to $95.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to medical advancements, regulatory frameworks:, rising incidence of chronic diseases, expanding pharmaceutical industry, international trade and collaboration.
The controlled substance market size is expected to see strong…
Global Commercial Internal Combustion Engines Market 2024 : SWOT Analysis Of Key …
"The commercial internal combustion engines market size has grown strongly in recent years. It will grow from $211.29 billion in 2023 to $227.19 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to infrastructure development, global trade and transportation needs, regulatory standards and emissions control, diversity in industrial applications, affordability and accessibility..
The commercial internal combustion engines…
More Releases for Methane
Global Coal Bed Methane (CBM) Growth Potential 2019
The global Coal Bed Methane (CBM) market is valued at 14300 million US$ in 2018 is expected to reach 21500 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on Coal Bed Methane (CBM) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Coal Bed Methane (CBM) market size by analyzing historical…
Biochemical Methane Market Research Report
The global Biochemical Methane market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Full Report Description: https://www.reportsandmarkets.com/reports/global-biochemical-methane-market-research-report-types-applications-1532601
This report offers an overview of the market trends, drivers, and barriers with respect to the Biochemical Methane market. It also provides a detailed overview of the market of different regions across…
Coal Bed Methane Market Challenges and Opportunities Report
Under the purview of energy, coal bed methane primarily refers to the natural gas or methane recovery from un-mined coal seams and adjacent sandstones. Such methane recovery usually occurs prior to mining, whereas in some cases, coal seams remain un-mined and methane recovery from such sites is known as virgin coal bed methane. Coal bed methane recovery from un-mined coal mines is of strategic importance as absolute or maximum drainage…
Global Methane Sulfonic Acid Sales Market Report 2017
This report studies sales (consumption) of Methane Sulfonic Acid in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
BOC Sciences
HBCChem
Chemconserve
ChemPur GmbH
Dr Prem'S Molecules
Cayman Chemical Company
Acros Organics
Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Methane…
Global Steam Methane Reforming Market Research Report 2017
Summary
This report studies Steam Methane Reforming in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
CB&I Company
Haldor Topsoe
Chevron Lummus Global LLC
KBR Inc
DuPont
GTC Technology
Foster Wheeler
Exxon Mobil
Flour Corporation
Shell Global Solutions
UOP
Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=832915&ptitle=Global+Steam+Methane+Reforming+Market+Research+Report+2017&req=Sample
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue,…
Steam Methane Reforming Market - Global Industry Analysis 2020
The growing hydrogen generation market is one of the primary demand drivers for Steam Methane Reformers. Steam methane reforming is the most economical way to produce hydrogen. It involves two primary reactions: the reforming reaction and the water gas shift reaction. In the reforming reaction natural gas is mixed with steam and is heated at very high temperatures to produce carbon monoxide and hydrogen. To produce additional hydrogen, carbon monoxide…
