Coal bed methane is used as an alternative for natural gas in a number of consumer and industrial applications. Some of the prominent applications include heating homes, propelling vehicles, feedstock in industry, and for generating electricity. The most common technology used for production of coal bed methane is multistage hydraulic fracturing combined with horizontal drilling.
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Combination of these technologies is playing a key role in increasing the production of CBM in North America. However, there are some challenges faced by this technology like chemical leaking into ground water, and more water requirement for the extraction process.
Worldwide increase in energy prices and the increased potential for project financing derived from emissions credits is renewing focus on CBM and CMM projects in coal producing countries around the world. Currently, the top economies with the largest coal bed methane resources are
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Coal bed methane is a natural gas primarily extracted from bituminous and sub-bituminous coals. This gas is stored within the coal matrix by a process of adsorption. It can be extracted before, during or after coal mining operations, depending on which it can be classified as coal bed methane (CBM), coal mine methane (CMM) or abandoned mine methane (AMM).
- Segmentation Based on Application
- Power Generation
- Industrial Utilization
- Residential Application
- Commercial Application
- Segmentation Based on Technology
- Exploration and Drilling
- Fracturing Fluid
- Enhanced Coal Bed Methane Recovery
This research report on the coal bed methane analyzes this market based on its market segments and major geographies. This report provides a comprehensive analysis of current market trends, industry growth drivers, factors affecting market growth, industry structure, and market projections for the coming years. It also provides an analysis of recent technological developments in the industry, Porter’s five force model analysis, and complete company profiles of the top market players.
This research report includes a review of the micro and macro factors significant with respect to the existing market players and new entrants along with detailed value chain analysis.
Major geographies analyzed under this research report are:
- North America
- Rest of the World
Some of the key players dominating this market are BG Group, Origin Energy, Santos, Great Eastern Energy Corporation, Green Dragon Gas, Island Gas Resources, Composite Energy, Blue Energy, Eastern Star Gas, European Gas, Eden Energy, Planet Gas, Sino Gas & Energy, Storm Cat Energy, Richards Oil and Gas, Nordic Oil and Gas, Quest Resource Corp., and others.
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