Coal Bed Methane Market Scenario by Massive Industry Improvement till 2023 – by Essar Oil, Reliance Power, Halliburton, Chevron, Weatherford, Arrow Energy, Blue Energy, Conocophillips China United Coalbed Methane Co, Santos Etc.

The global coal bed methane market is projected to grow at a high rate during the forecast period, mainly due to the increasing adoption of coal bed methane as an alternative to electricity will lower the burden on the national power grids of developing countries. For instance, developing economy of countries like India is driving demand for new sources of energy and thus coal bed methane is expected to supplement the gas supply. These factors would drive the coal bed methane market in the coming years.

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Industry Highlights:

Coal bed methane is a primary coal seam gas that is collected from unmined coal seams. These coal seams are then drilled down into releasing the associated gas which is extracted and can further be used to generate electricity. CBM can be used as a substitute for conventional natural gas in a wide variety of consumer and industrial applications. The porosity of coal bed reservoirs is usually very small, ranging from 0.1 to 10%. Coal bed methane market is essential in assisting food production rate thereby meeting the growing population needs. Essar Oil, a coal bed methane company is currently supplying 1 million cubic metre of the requisite gas to Matix Fertilizers and Chemicals.

Coal Bed Methane Market Segments Analysis:

Global Coal Bed Methane Market, By Technology
• Hydraulic Fracturing
• Horizontal Drilling
• CO2 Sequestration

Global Coal Bed Methane Market, By Application
• Residential
• Industrial
• Commercial
• Transportation
• Others

Global Coal Bed Methane Market, By Regions
• North America
• Asia-Pacific
• Europe
• Middle East & Africa
• South America

Coal Bed Methane Regional Market Analysis:
Region wise, North America held the largest market share of the global coal bed methane market in 2017. North America region has some major players from the oil & gas industry and growing demand for sustainable fuel in US and Canada. The coal bed methane market would be mainly driven by creased focus on reducing the reliance on conventional sources of natural gas. In addition, significant natural gas production in countries such as India, China, Saudi Arabia, and others would also have a positive impact on the growth of coal bed methane market during the forecast period.

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Prominent Players:
Baker Hughes (US), Essar Oil (India), Reliance Power (India), Halliburton (US), Chevron (US), BP (UK), Weatherford (US), Arrow Energy (Australia), Blue Energy (Australia), Conocophillips (US), China United Coalbed Methane Co (China), Encana Corporation (Canada), Far East Energy Corporation (US), Santos (Australia), and Nexen Inc. (Canada), among others. (Germany)

List Of Tables

Table 1 Global Coal Bed Methane Market, By Region, 2016-2023 (USD Million)

Table 2 North America Coal Bed Methane Market, By Country, 2016-2023 (USD Million)

Table 3 Europe Coal Bed Methane Market, By Country, 2016-2023 (USD Million)

Table 4 Asia-Pacific Coal Bed Methane Market, By Country, 2016-2023 (USD Million)

Table 5 Middle East & Africa Coal Bed Methane Market, By Region, 2016-2023 (USD Million)

Table 6 South America Coal Bed Methane Market, By Region, 2016-2023 (USD Million)

Table 7 Global Coal Bed Methane Market, By Technology, 2016-2023 (USD Million)

Table 8 North America Coal Bed Methane Market, By Technology, 2016-2023 (USD Million)
Continued…

List Of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top Down & Bottom Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis
Continued……

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