DUBLIN--(BUSINESS WIRE)--The "Global Coal Bed Methane Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Owing to the increasing focus on natural gas usage for energy consumption, the global coalbed methane (CBM) market is likely to register healthy growth over the forecast period.
The natural gas industry is witnessing significant growth, on account of the increasing focus on clean energy consumption. CBM has considerable potential as an abundant clean energy supply, to help replace other diminishing hydrocarbon reserves. Mine safety, green-house gas emissions (GHG), and air quality are expected to continue to be the concerns. However, since early 1980s, coal bed gas has increasingly been viewed as a valuable energy resource. Although its contribution to the total energy mix is still modest, coal bed methane has an impressive potential. It is expected to supplement conventional natural gas supply, adding another environment-friendly component to the total energy mix.
The natural gas industry has witnessed a considerable expansion in its range of applications, with a surge in demand as an energy fuel in the transportation and domestic sectors. The transportation sector has provided a huge impetus to the natural gas market, with the increasing deployment of CNG vehicles.
North America accounts for one of the largest shares in the global CBM market. The improved economics of production from CBM sites is a major boost for its demand in North America. The United States is likely to dominate the CBM market over the forecast period. The country has a significant potential for natural gas production from CBM sites. As the Unites States has huge per capita consumption of energy, it needs to increase the production of energy.
- Baker Hughes
- BG Group PLC
- BP PLC
- Blue Energy Ltd.
- Arrow Energy
- China United Coal Bed Methane Co.
- Halliburton Co.
- Dart Energy Ltd.
- Encana Corp.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/fgc2l7/global_coal_bed?w=4