Global Coal Bed Methane Market 2018-2022

Below are some of the key findings from the coal bed methane market research report

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Global coal bed methane industry overview

A key factor driving the growth of the market is the increasing need for sustainable energy. Emissions from the burning and combustion of coal are responsible for a major share of CO2 emission that results from human activities. Government bodies worldwide are focusing on reducing GHG emission. Amid international agreements, coal-powered electricity generation, which once accounted for a major share of the global energy mix is declining due to its replacement with alternate sources. One such alternate source is coal bed methane, which is found in cracks and coal bed fissures and is extracted for use in electricity generation.

The decline in coal-based power generation is identified as one of the key emerging trends in the global coal bed methane market. Coal is still a dominant energy source used in power generation. However, a gradual transition is happening on a global scale with coal being replaced with relatively cleaner fuels and resources. Renewable resources pose a significant threat to coal-based power generation, as they are low or emission-free, and their growing popularity has a profound impact on upcoming fossil fuel-based power projects. Demand for power is unlikely to decline, and the reduction in the use of coal in power generation will give way for other alternative fuels such as coal bed methane, which is used as a substitute for coal in power generation and heating. Similar shifts are expected to take place in various countries during the forecast period which will lead to a significant reduction in GHG emissions. Such factors are expected to trigger the market to grow at a CAGR of nearly 1% during the forecast period.

Top coal bed methane companies covered in this market research report

The coal bed methane market is highly concentrated. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this coal bed methane industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Arrow Energy
• Baker Hughes
• BP
• Encana
• Santos

Coal bed methane market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. APAC led the market in 2017 with a market share of nearly 59%. The region is expected to dominate the market through 2022, with an increase in its market share of nearly 12%. Several countries in this region are rich in coal bed methane reserves, encouraging extraction activities to meet the growing energy needs.

Coal bed methane market segmentation based on end users

• Industrial
• Buildings
• Transportation

The industrial segment will account for the largest coal bed methane market share during the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the coal bed methane market size.

Key highlights of the global coal bed methane market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the coal bed methane market during the next five years
• Precise estimation of the global coal bed methane market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the coal bed methane industry across the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of coal bed methane companies