Home / Oil & Gas / Coal Bed Methane Market By Application (Power Generation, Industrial, Residential, Commercial, Transportation) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Coal Bed Methane Market By Application (Power Generation, Industrial, Residential, Commercial, Transportation) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023

Published: Nov 2016 | Report Code: 58149-11-16

Coal bed methane refers to the extraction of natural gas from the coal beds. Natural gas is generally present in the coal bed in the form of methane. It is also known as coal-mine methane (CMM) or coal bed gas or coal seam gas (CSG). Advancement in technology has facilitated the production of coal bed methane on commercial scale. Growing energy demand and depleting oil reserves influencing oil producer to seek alternative source of energy such as shale gas, tight oil and coal bed methane.

Coal Bed Methane market is expected to gain moderate growth with growing application of natural gas into manufacturing, residential and automotive sector. Oil deficit economies with high coal reserves are looking to explore coal bed methane to reduce their dependency on conventional oil and gas. Moreover, exploration of coal bed methane helps in mitigation of greenhouse gases therefore improve the safety of coal mining operations and also earns carbon credits are factors expected to augment the growth of global coal bed methane market over the forecast period. However, environmental concerns over the usage of water for the recovery of coal bed methane and high capital intensive projects of exploration of coal bed methane is anticipated to restrain the growth of coal bed methane market during the forecast period (20216-2023).

North America is expected to largest region in global coal bed market which is anticipated to contribute highest revenue share in global coal bed market owing to early adoption of various technologies for the exploration and production of coal bed methane on commercial level. However, the segment has become mature and projected to grow steadily over the forecast period (2016-2023). Asia pacific is projected to be the second largest region due to high coal reserves in the region coupled with increasing production of coal bed methane especially in China, India and Indonesia.

Global coal bed methane market is projected to be valued at US$ 3.2 Bn by the end of 2016 and is expected to expand at a CAGR 4.3% during the forecast period 2016-2023.

Coal Bed Methane Market

Purpose of the Report

The purpose of this strategic research study titled “Global Coal Bed Methane Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global coal bed methane market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Coal bed methane producing companies
  • Oil & Gas exploration and production companies
  • Downstream & Midstream Companies
  • Research Institutes

USP and Key Offerings

The report titled “Global Coal Bed Methane Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the coal bed methane market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on component, application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading big data service providers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to validate the forthcoming attractive markets within oil & gas industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the coal bed methane market growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Coal Bed Methane Market Snapshot
2.1.1. Global Coal Bed Methane Market by Application, 2016
2.1.2. Global Coal Bed Methane Market by Geography, 2016
2.1.3. Market Drivers, Challenges and Future Prospects
3. Global Coal Bed Methane Market Dynamics
3.1. Market Overview
3.2. Production Cost Tear Down Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global Coal Bed Methane Market Size (US$ Mn) (bcf), By Application, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Application, 2015 vs 2023
4.1.2. Attractive Investment Proportion by Application
4.2. Power Generation
4.3. Industrial
4.4. Residential
4.5. Commercial
4.6. Transportation

5. Global Coal Bed Methane Market Size (US$ Mn) (bcf), By Geography, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Geography, 2015 vs. 2023
5.1.2. Attractive Investment Proportion by Geography
5.2. North America Coal Bed Methane Market Analysis, 2013 – 2023
5.2.1. North America Coal Bed Methane Market Size (US$ Mn) (bcf), By Country, 2013 – 2023
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. North America Coal Bed Methane Market Size (US$ Mn) (bcf) , By Application, 2013 – 2023
5.2.2.1. Power Generation
5.2.2.2. Industrial
5.2.2.3. Residential
5.2.2.4. Commercial
5.2.2.5. Transportation
5.3. Europe Coal Bed Methane Market Analysis, 2013 – 2023
5.3.1. Europe Coal Bed Methane Market Size (US$ Mn) (bcf) , By Country, 2013 – 2023
5.3.1.1. Russia
5.3.1.2. U.K
5.3.1.3. Rest of Europe
5.3.2. Europe Coal Bed Methane Market Size (US$ Mn) (bcf) , By Application, 2013 – 2023
5.3.2.1. Power Generation
5.3.2.2. Industrial
5.3.2.3. Residential
5.3.2.4. Commercial
5.3.2.5. Transportation
5.4. Asia Pacific Coal Bed Methane Market Analysis , 2013 – 2023
5.4.1. Asia Pacific Coal Bed Methane Market Size (US$ Mn) (bcf) , By Country, 2013 – 2023
5.4.1.1. Australia
5.4.1.2. China
5.4.1.3. India
5.4.1.4. Indonesia
5.4.1.5. Rest of Asia Pacific
5.4.2. Asia Pacific Coal Bed Methane Market Size (US$ Mn) (bcf) , By Application, 2013 – 2023
5.4.2.1. Power Generation
5.4.2.2. Industrial
5.4.2.3. Residential
5.4.2.4. Commercial
5.4.2.5. Transportation
5.5. Rest of World Coal Bed Methane Market Analysis , 2013 – 2023
5.5.1. Rest of World Coal Bed Methane Market Size (US$ Mn) (bcf) , By Application, 2013 – 2023
5.5.1.1. Power Generation
5.5.1.2. Industrial
5.5.1.3. Residential
5.5.1.4. Commercial
5.5.1.5. Transportation

6. Company Profiles
6.1. Competitive Dashboard
6.2. Key Players
6.2.1. Arrow Energy.
6.2.1.1. Business Description
6.2.1.2. Financial Information
6.2.1.3. Product Positions/Portfolio
6.2.1.4. Key Developments
6.2.2. BG Group
6.2.3. BAKER HUGHES
6.2.4. Dart Energy
6.2.5. BLUE ENERGY LTD
6.2.6. BP PLC
6.2.7. CONOCOPHILLIPS
6.2.8. CHINA UNITED COALBED METHANE CO
6.2.9. ENCANA CORP
6.2.10. Halliburton
6.2.11. FORTUNE OIL PLC
6.2.12. METGASCO LTD
6.2.13. ORIGIN ENERGY LTD
6.2.14. PETRONAS
6.2.15. NEXEN INC
6.2.16. Other Notable Players

List Of Table :

Table 1: Global Coal Bed Methane Market Revenue (US$ Mn) Forecast, by Application, 2016-2023
Table 2: Global Coal Bed Methane Market Revenue (US$ Mn) Forecast, by Geography, 2016-2023
Table 3: North America Coal Bed Methane Market Revenue (US$ Mn) Forecast, by Country, 2016-2023
Table 4: North America Coal Bed Methane Market for Revenue (US$ Mn) Forecast, by Application, 2016-2023
Table 5: Europe Coal Bed Methane Market Revenue (US$ Mn) Forecast, by Country, 2016-2023
Table 6: Europe Coal Bed Methane Market for Revenue (US$ Mn) Forecast, by Application, 2016-2023
Table 7: Asia Pacific Coal Bed Methane Market Revenue (US$ Mn) Forecast, by Country, 2016-2023
Table 8: Asia Pacific Coal Bed Methane Market for Revenue (US$ Mn) Forecast, by Application, 2016-2023
Table 9: Rest of World Coal Bed Methane Market for Revenue (US$ Mn) Forecast, 2016-2023
Table 10: Rest of World Coal Bed Methane Market for Revenue (US$ Mn) Forecast, by Application, 2016-2023
Table 11: Arrow Energy: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 12 : BG Group PLC: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 13 : BAKER HUGHES Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 14 : Dart Energy: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 15 : BLUE ENERGY LTD .: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 16: BP PLC: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 17: CONOCOPHILLIPS: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 18: China United Coalbed Methane Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 19: ENCANA CORP.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 20: Halliburton.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 21: FORTUNE OIL PLC.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 22: METGASCO LTD.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 23: ORIGIN ENERGY LTD.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 24: PETRONAS.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 25: NEXEN INC.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)

List Of Figure :

Figure 1: Global Coal Bed Methane Market Revenue (US$ Mn) Forecast, 2016-2023
Figure 2: Global Coal Bed Methane Market YOY Growth Comparison, 2016-2023
Figure 3: Global Coal Bed Methane Market Share (%) Analysis Forecast, by Application, 2016-2023
Figure 4: Global Coal Bed Methane Market Investment Proportion by Application, 2016-2023
Figure 5: Global Coal Bed Methane Market YOY(%) Comparison by Geography, 2016-2023
Figure 6: Global Coal Bed Methane Market Share (%) Analysis, by Geography, 2016-2023
Figure 7: Global Coal Bed Methane Market Investment Proportion by Geography, 2016-2023
Figure 8: North America Coal Bed Methane Market Revenue (US$ Mn) Forecast by Country, 2016-2023
Figure 9: North America Coal Bed Methane Market Share Analysis by Country, 2016-2023
Figure10: North America Coal Bed Methane Market Investment Proportion by Country
Figure11: Europe Coal Bed Methane Market Revenue (US$ Mn) Forecast by Country, 2016-2023
Figure12: Europe Coal Bed Methane Market Share Analysis by Country, 2016-2023
Figure13: Europe Coal Bed Methane Market Investment Proportion by Country, 2016-2023
Figure14: Asia Pacific Coal Bed Methane Market Revenue (US$ Mn) Forecast by Country, 2016-2023
Figure15: Asia Pacific Coal Bed Methane Market Share Analysis by Country, 2016-2023
Figure16: Asia Pacific Coal Bed Methane Market Investment Proportion by Country, 2016-2023
Figure17: Rest of World Coal Bed Methane Market Revenue (US$ Mn) Forecast by Country, 2016-2023

On the basis of application, global coal bed methane market is categorized into following types:

  • Power Generation
  • Industrial
  • Residential
  • Commercial
  • Transportation

Coal Bed Methane Market

Oil & gas industry has witnessed shift from conventional to non-conventional oil & gas production. Growing energy demand from various sectors such as manufacturing, transportation, residential and commercial sectors and depleting oil reserves influencing oil producer to explore non-conventional resources such as shale gas, tight oil and coal bed methane meet the demand. Coal bed methane market is gaining momentum with increasing application across various sectors.

On the basis of application, the global coal bed methane market can be segmented into power generation, industrial, residential, commercial and transportation

Among all applications, industrial segment is anticipated to be the most dominant segment owing to increasing demand for natural gas due growing demand for various consumer products. Followed by it, power generation is expected to be the second largest segment by virtue of natural gas from gas based power plant due to increasing energy demand across the globe. The segment is projected to register significant growth over the forecast period (2016-2023).

On the basis of geography, the global coal bed methane market is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Europe
    • Russia
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Rest of Asia Pacific
  • Rest of World

Coal Bed Methane Market

 

Coal bed methane market is expected to witness significant growth over the forecast period due to increasing exploration and production of natural gas from non-conventional reserves.  Growing energy demand and keenness to reduce emission of green house gases are expected to augment the growth of the global coal bed methane market.

Global coal bed methane market is segment on the basis of geography. North America is expected to contribute highest revenue share in global coal bed methane market by end of 2016 due to early adoption of technologies to produce coal bed methane from coal beds. However, the segment has become mature and anticipated to lose its market share to Asia Pacific by 2023. Followed by it, Asia Pacific is anticipated to be the second largest and fastest growing regions in the global coal bed methane market in 2016. The growth of the segment is augmented by increasing exploration and production of coal bed methane in the major economies of the region such as Australia, China, India and Indonesia. High coal reserves, willingness to reduce dependency on conventional fuel coupled with favorable regulatory frame is anticipated to fuel the growth coal bed methane market in the region over the forecast period (2016-2023).

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