The reduction in methane emissions associated with conventional fuels and coal mining, lesser price of CBM compared to other unconventional natural gases, and generation of direct and indirect employment in the extraction of CBM drive the global coal bed methane market growth. However, the large initial capital requirement for well drilling, stimulation, and water handling, and the difficulty in estimation of recoverable volumes in evaluation of CBM proposals hamper the market growth. Moreover, reduction in the water management costs in CBM extraction projects is expected to be a key challenge for the market growth.
The global coal bed methane market is segmented based on application and geography. The application segment is classified into industrial, power generation, transportation, commercial, and residential. Geographically, it is analyzed across North America, Europe, and Asia-Pacific.
In 2016, North America occupied the largest market share, followed by Asia-Pacific. North America is expected to dominate the global CBM market by 2023, though substantial growth is expected in the emerging countries, such as, China, India, and Indonesia.
The prominent players in the global coal bed methane market have strategically focused on expansion and agreements as their key strategies to gain significant market share.
The key players profiled are as follows:
Arrow Energy Holdings Pty Ltd.
Baker Hughes, Inc.
BG Group PLC.
Blue Energy Ltd.
China United Coal Bed Methane Corporation
Origin Energy Ltd.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends, emerging estimations, and dynamics throughout the coal bed methane market.
In-depth analysis of CBM market is conducted and estimations for key segments between 2016 and 2023 are provided.
The driving and restraining factors for the market growth are provided.
CBM market share for all segments with respect to each geography is provided.
Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the CBM industry trends.
KEY MARKET SEGMENTATION
*The other players in the value chain include
AGL Energy Limited
Bow Energy Ltd.
Black Diamond Energy, Inc.
Dart Energy Corporation
Great Eastern Energy Corp. Ltd.
Green Dragon Gas Ltd.
Reliance Power Limited
Senex Energy Limited
*Profiles of these players are not included in the report, but can be included on request.
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry
3.4. MARKET DYNAMICS
220.127.116.11. High demand for eco-friendly fuels in the industrial sector
18.104.22.168. Low price of other unconventional sources of natural gas
22.214.171.124. Generation of employment opportunities
126.96.36.199. Large initial capital investment
188.8.131.52. Challenges with estimation and evaluation of CBM proposals
184.108.40.206. Alternative sources for natural gas
220.127.116.11. Expansion of CBM market in LAMEA
CHAPTER 4 COAL BED METHANE MARKET, BY APPLICATION
4.1.1. Market size and forecast
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
18.104.22.168. By Geography
4.3. POWER GENERATION
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
22.214.171.124. By Geography
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
126.96.36.199. By Geography
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
188.8.131.52. By Geography
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast
184.108.40.206. By Geography
CHAPTER 5 COAL BED METHANE MARKET, BY GEOGRAPHY
5.1.1. Market size and forecast
5.2. NORTH AMERICA
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
220.127.116.11. By Application
18.104.22.168. By Country
22.214.171.124. Market size and forecast
126.96.36.199.1. By Application
188.8.131.52. Market size and forecast
184.108.40.206.1. By Application
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
220.127.116.11. By Application
18.104.22.168. By Country
22.214.171.124. Market size and forecast
126.96.36.199.1. By Application
188.8.131.52. Market size and forecast
184.108.40.206.1. By Application
220.127.116.11. Market size and forecast
18.104.22.168.1. By Application
22.214.171.124. Market size and forecast
126.96.36.199.1. By Application
5.3.7. Czech Republic
188.8.131.52. Market size and forecast
184.108.40.206.1. By Application
220.127.116.11. Market size and forecast
18.104.22.168.1. By Application
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
22.214.171.124. By Application
126.96.36.199. By Country
188.8.131.52. Market size and forecast
184.108.40.206.1. By Application
220.127.116.11. Market size and forecast
18.104.22.168.1. By Application
22.214.171.124. Market size and forecast
126.96.36.199.1. By Application
188.8.131.52. Market size and forecast
184.108.40.206.1. By Application
CHAPTER 6 COMPANY PROFILES
6.1. ARROW ENERGY
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Operating business segments
6.1.4. Product portfolio
6.1.5. Business performance
6.1.6. Key strategic moves and developments
6.2. BAKER HUGHES
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Operating business segments
6.2.4. Product portfolio
6.2.5. Business performance
6.2.6. Key strategic moves and developments
6.3. BG GROUP (ROYAL DUTCH SHELL PLC.)
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Operating business segments
6.3.4. Product portfolio
6.3.5. Business performance
6.3.6. Key strategic moves and developments
6.4. BLUE ENERGY
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Operating business segments
6.4.4. Product portfolio
6.4.5. Business performance
6.5. BP PLC
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Operating business segments
6.5.4. Product portfolio
6.5.5. Business performance
6.5.6. Key strategic moves and developments
6.6. CHINA UNITED COAL BED METHANE CORPORATION
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Business performance
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Operating business segments
6.7.4. Product portfolio
6.7.5. Business performance
6.7.6. Key strategic moves and developments
6.8. ENCANA CORPORATION
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments
6.8.4. Business performance
6.9. ORIGIN ENERGY
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Operating business segments
6.9.4. Product portfolio
6.9.5. Business performance
6.9.6. Key strategic moves and developments
6.10. SANTOS LTD.
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Operating business segments
6.10.4. Product portfolio
6.10.5. Business performance
Coal bed methane (coal seam methane) is a mixture of methane and trace quantities of light hydrocarbons, nitrogen, and CO2, which are generated during the geological transformation from peat to anthracite coal in underground coal seams.
The global coal bed methane market is driven by reduction in methane emissions associated with conventional fuels and coal mining, lower pricing of CBM compared to other unconventional natural gases, and generation of direct and indirect employment in the extraction of CBM. However, the large initial capital required for well drilling, stimulation, and water handling, and the difficulty in estimation of recoverable volumes in evaluation of CBM proposals hinder the market growth.
The industrial segment accounted for more than two-fifths share of the total CBM market in 2016, in terms of value, and is expected to maintain its dominance during the forecast period, owing to its chemical feedstock properties, heating, and power generation usage. However, application of CBM in transportation is expected to grow at highest rate due to low emission levels of methane.
Key Findings And Scope:
In terms of value, the transportation segment is expected to grow at a CAGR of 9.8% during the forecast period.
In Asia-Pacific, China is estimated to grow at a highest CAGR of 11.6%, in terms of value.
Power generation application in terms of volume occupied around one-third share of the global market in 2015.
Canada accounted for over one-fourth share of the coal bed methane market in 2016, and is expected to grow at a significant CAGR of 7.2%, in terms of value.
In 2016, North America and Asia-Pacific collectively accounted for almost the entire global CBM market, though Asia-Pacific is expected to grow at highest rate during the forecast period. High exploration and extraction frequency from the emerging countries, such as China, India, Indonesia, and Australia, are estimated to drive the market growth.
The major companies profiled in the report include Arrow Energy Holdings Pty Ltd., Baker Hughes, Inc., BG Group PLC., Blue Energy Ltd., BP PLC., China United Coal Bed Methane Corporation, Concophillips, Encana Corporation, Origin Energy Ltd., and Santos Ltd.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.