Press release
Coal Bed Methane Market by Top Manufacturers – Arrow Energy Holdings Pty Ltd., Baker Hughes, Inc., BG Group PLC., Blue Energy Ltd., BP PLC., China United Coal Bed Methane Corporation, Concophillips
The global coal bed methane market is expected to reach $17,956 million by 2023 from 9,089 million in 2016, registering a CAGR of 9.0% from 2017 to 2023. Coal bed methane (CBM) is produced in association with coal beds/coal seams. CBM reserves are located wherever large deposits of coal are found. It is formed through organic decomposition and adheres to the many surfaces of the coal until it is released through natural or man-made processes. Conventional CBM extraction is achieved by dewatering and reducing the pressure in the coal bed, such that the adsorbed methane is released from the porous coal surface.Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/1305496?utm_source=Anil&utm_medium=OPR
The reduction in methane emissions associated with conventional fuels and coal mining, lesser price of CBM compared to other unconventional natural gases, and generation of direct and indirect employment in the extraction of CBM drive the global coal bed methane market growth. However, the large initial capital requirement for well drilling, stimulation, and water handling, and the difficulty in estimation of recoverable volumes in evaluation of CBM proposals hamper the market growth. Moreover, reduction in the water management costs in CBM extraction projects is expected to be a key challenge for the market growth.
The global coal bed methane market is segmented based on application and geography. The application segment is classified into industrial, power generation, transportation, commercial, and residential. Geographically, it is analyzed across North America, Europe, and Asia-Pacific.
In 2016, North America occupied the largest market share, followed by Asia-Pacific. North America is expected to dominate the global CBM market by 2023, though substantial growth is expected in the emerging countries, such as, China, India, and Indonesia.
The prominent players in the global coal bed methane market have strategically focused on expansion and agreements as their key strategies to gain significant market share.
The key players profiled are as follows: Arrow Energy Holdings Pty Ltd., Baker Hughes, Inc., BG Group PLC., Blue Energy Ltd., BP PLC., China United Coal Bed Methane Corporation, Concophillips, Encana Corporation, Origin Energy Ltd., Santos Ltd.
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Table of Content:
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. High demand for eco-friendly fuels in the industrial sector
3.4.1.2. Low price of other unconventional sources of natural gas
3.4.1.3. Generation of employment opportunities
3.4.2. Restraints
3.4.2.1. Large initial capital investment
3.4.2.2. Challenges with estimation and evaluation of CBM proposals
3.4.3. Opportunity
3.4.3.1. Alternative sources for natural gas
3.4.3.2. Expansion of CBM market in LAMEA
CHAPTER 4 COAL BED METHANE MARKET, BY APPLICATION
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. INDUSTRIAL
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.2.1. By Geography
4.3. POWER GENERATION
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.2.1. By Geography
4.4. TRANSPORTATION
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.2.1. By Geography
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