CBM refers to methane that is found in coal seams. It is formed during the process of coalification, the transformation of plant material into coal. CBM is also known as virgin coal seam methane or coal seam gas. It is widely considered an "unconventional" source of natural gas. In the United States, CBM is a valuable resource that accounts for about 5 percent of total U.S. natural gas production annually.
CBM is natural gas. CBM is primarily methane – a colourless and odourless gas, found in coal deposits formed over millions of years from fallen trees and other plant matter. CBM also known as onshore ‘unconventional’ gas has developed into a key fuel source, helping to lower the global carbon emissions.
CBM has various advantages, such as new and less pollution energy with high calorific value, substantially reduce greenhouse gas emissions and so on. Many governments encouraged enterprises to produce the product. For example, in China, “Notice re Period of ‘13th Five-Year-Plan’: Subsidies Granted to Development of Coalbed Methane”#),issued by the Chinese Ministry of Finance on 14 February 2016, the subsidy from central government for coalbed methane (“CBM”) production under the “13th Five-Year Plan” will be increased 50% from RMB0.2 per cubic meter to RMB0.3 per cubic meter so as to boost the development of CBM industry.
Global Coal Bed Methane (CBM) market size will increase to 21500 Million US$ by 2025, from 14300 Million US$ in 2018, at a CAGR of 5.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Coal Bed Methane (CBM).
This report researches the worldwide Coal Bed Methane (CBM) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Coal Bed Methane (CBM) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Exxon Mobil(XTO Energy)
Australia Pacific LNG
Carbon Creek Energy
Pioneer Natural Resources
Constellation Energy Partners
Coal Bed Methane (CBM) Breakdown Data by Type
Coal Bed Methane (CBM) Breakdown Data by Application
Coal Bed Methane (CBM) Production Breakdown Data by Region
Coal Bed Methane (CBM) Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Coal Bed Methane (CBM) capacity, production, value, consumption, status and forecast;
To focus on the key Coal Bed Methane (CBM) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Coal Bed Methane (CBM) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.