Coal Bed Methane (CBM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 147 Pages I IMARC Group
Market Overview:
The global coal bed methane (CBM) market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Coal bed methane (CBM) is a natural, colorless, and odorless hydrocarbon gas, which is absorbed into the solid matrix of the coal. It is obtained from unconventional gas reservoirs by transforming plant material into coal. Its extraction process usually involves minimal risk of explosion hazards in underground coal mines. As a result, it is used as an alternative source of energy in gas turbines for power generation worldwide.
Coal Bed Methane (CBM) Market Trends:
A considerable surge in electricity consumption around the world due to improving income levels and increasing construction of residential homes represents one of the key factors bolstering the growth of the market. This can also be attributed to the growing electrification of heat and buildings and the escalating demand for digitally connected devices. Moreover, the rising adoption of cost-effective and green fuels on account of increasing environmental concerns and stringent government policies on greenhouse gas (GHG) emissions is driving the demand for CBM across the globe. CBM can be converted into diesel, gasoline, or compressed natural gas (CNG), which are commonly used as biofuels in automobiles. Apart from this, CBM is utilized in the production of methanol that finds diverse applications in wastewater treatment and the chemical industry. Furthermore, the escalating usage of CBM as a feedstock for manufacturing fertilizers and plastics is providing lucrative opportunities to manufacturers for expanding their consumer base in the agriculture industry. Besides this, the rising need for clean-burning fuels is further influencing the adoption of CBM in industrial applications, such as cement production, rolling mills, and steel plants, which is projected to strengthen the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global coal bed methane (CBM) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology and application.
Breakup by Type:
CBM Wells
Coal Mines
Breakup by Technology:
Horizontal Drilling
Hydraulic Fracturing
CO2 Sequestration
Breakup by Application:
Power Generation
Residential
Commercial
Industrial
Transportation
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arrow Energy Holdings Pty Ltd., Baker Hughes Company, BP PLC, Essar Group, G3 Exploration, Halliburton Company, Petroliam Nasional Berhad (PETRONAS), Reliance Industries Limited, Royal Dutch Shell plc, Santos Limited and The ConocoPhillips Company.
Key Questions Answered in This Report
1. How big is the global Coal Bed Methane (CBM) market?
2. What is the expected growth rate of the global Coal Bed Methane (CBM) market during 2023-2028?
3. What are the key factors driving the global Coal Bed Methane (CBM) market?
4. What has been the impact of COVID-19 on the global Coal Bed Methane (CBM) market?
5. What is the breakup of the global Coal Bed Methane (CBM) market based on the type?
6. What is the breakup of the global Coal Bed Methane (CBM) market based on the technology?
7. What is the breakup of the global Coal Bed Methane (CBM) market based on the application?
8. What are the key regions in the global Coal Bed Methane (CBM) market?
9. Who are the key players/companies in the global Coal Bed Methane (CBM) market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Coal Bed Methane (CBM) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 CBM Wells
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Coal Mines
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology
7.1 Horizontal Drilling
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hydraulic Fracturing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 CO2 Sequestration
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Power Generation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Residential
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Commercial
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Industrial
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Transportation
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arrow Energy Holdings Pty Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Baker Hughes Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BP PLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Essar Group
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 G3 Exploration
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Halliburton Company
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Petroliam Nasional Berhad (PETRONAS)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 SWOT Analysis
14.3.8 Reliance Industries Limited
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Royal Dutch Shell plc
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Santos Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 The ConocoPhillips Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
Figure 1: Global: Coal Bed Methane Market: Major Drivers and Challenges
Figure 2: Global: Coal Bed Methane Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Coal Bed Methane Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Coal Bed Methane Market: Breakup by Type (in %), 2022
Figure 5: Global: Coal Bed Methane Market: Breakup by Technology (in %), 2022
Figure 6: Global: Coal Bed Methane Market: Breakup by Application (in %), 2022
Figure 7: Global: Coal Bed Methane Market: Breakup by Region (in %), 2022
Figure 8: Global: Coal Bed Methane (CBM Wells) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Coal Bed Methane (CBM Wells) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Coal Bed Methane (Coal Mines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Coal Bed Methane (Coal Mines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Coal Bed Methane (Horizontal Drilling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Coal Bed Methane (Horizontal Drilling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Coal Bed Methane (Hydraulic Fracturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Coal Bed Methane (Hydraulic Fracturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Coal Bed Methane (CO2 Sequestration) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Coal Bed Methane (CO2 Sequestration) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Coal Bed Methane (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Coal Bed Methane (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Coal Bed Methane (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Coal Bed Methane (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Coal Bed Methane (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Coal Bed Methane (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Coal Bed Methane (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Coal Bed Methane (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Coal Bed Methane (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Coal Bed Methane (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Asia-Pacific: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia-Pacific: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: China: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: China: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: India: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: India: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: South Korea: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: South Korea: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Australia: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Australia: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Indonesia: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Indonesia: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Europe: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Europe: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Germany: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Germany: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: France: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: France: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United Kingdom: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United Kingdom: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Italy: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Italy: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Spain: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Spain: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Russia: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Russia: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Middle East and Africa: Coal Bed Methane Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Middle East and Africa: Coal Bed Methane Market: Breakup by Country (in %), 2022
Figure 76: Middle East and Africa: Coal Bed Methane Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Coal Bed Methane Industry: SWOT Analysis
Figure 78: Global: Coal Bed Methane Industry: Value Chain Analysis
Figure 79: Global: Coal Bed Methane Industry: Porter's Five Forces Analysis
Table 1: Global: Coal Bed Methane Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Coal Bed Methane Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Coal Bed Methane Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Coal Bed Methane Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Coal Bed Methane Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Coal Bed Methane Market: Competitive Structure
Table 7: Global: Coal Bed Methane Market: Key Players
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