Coal Bed Methane Market by Application - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368962
  • Report
  • Region: Global
  • 184 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Baker Hughes Inc.
  • BG Group PLC.
  • Blue Energy Ltd.
  • BP PLC.
  • Concophillips
  • Encana Corporation
  • MORE
The global coal bed methane market is expected to reach $17,956 million by 2023 from 9,089 million in 2016, registering a CAGR of 9.0% from 2017 to 2023. Coal bed methane (CBM) is produced in association with coal beds/coal seams. CBM reserves are located wherever large deposits of coal are found. It is formed through organic decomposition and adheres to the many surfaces of the coal until it is released through natural or man-made processes. Conventional CBM extraction is achieved by dewatering and reducing the pressure in the coal bed, such that the adsorbed methane is released from the porous coal surface.

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.
BP PLC.
China United Coal Bed Methane Corporation
Concophillips
Encana Corporation
Origin Energy Ltd.
Santos 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

BY APPLICATION

Industrial
Power Generation
Transportation
Commercial
Residential

BY GEOGRAPHY

North America
U.S.
Canada
Europe
UK
Germany
France
Russia
Czech Republic
Poland
Asia-Pacific
China
Australia
India
Indonesia

*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.
Halliburton Co.
Metgasco Ltd.
Reliance Power Limited
Senex Energy Limited

*Profiles of these players are not included in the report, but can be included on request.
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FEATURED COMPANIES

  • Baker Hughes Inc.
  • BG Group PLC.
  • Blue Energy Ltd.
  • BP PLC.
  • Concophillips
  • Encana Corporation
  • MORE
CHAPTER 1 INTRODUCTION

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

3.4.1. Drivers

3.4.1.1. High demand for eco-friendly fuels in the industrial sector
3.4.1.2. Low price of other unconventional sources of natural gas
3.4.1.3. Generation of employment opportunities

3.4.2. Restraints

3.4.2.1. Large initial capital investment
3.4.2.2. Challenges with estimation and evaluation of CBM proposals

3.4.3. Opportunity

3.4.3.1. Alternative sources for natural gas
3.4.3.2. Expansion of CBM market in LAMEA

CHAPTER 4 COAL BED METHANE MARKET, BY APPLICATION

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. INDUSTRIAL

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.2.2.1. By Geography

4.3. POWER GENERATION

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.3.2.1. By Geography

4.4. TRANSPORTATION

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.4.2.1. By Geography

4.5. COMMERCIAL

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast

4.5.2.1. By Geography

4.6. RESIDENTIAL

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast

4.6.2.1. By Geography

CHAPTER 5 COAL BED METHANE MARKET, BY GEOGRAPHY

5.1. OVERVIEW

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

5.2.2.1. By Application
5.2.2.2. By Country

5.2.3. U.S.

5.2.3.1. Market size and forecast

5.2.3.1.1. By Application

5.2.4. Canada

5.2.4.1. Market size and forecast

5.2.4.1.1. By Application

5.3. EUROPE

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.3.2.1. By Application
5.3.2.2. By Country

5.3.3. Poland

5.3.3.1. Market size and forecast

5.3.3.1.1. By Application

5.3.4. Germany

5.3.4.1. Market size and forecast

5.3.4.1.1. By Application

5.3.5. Russia

5.3.5.1. Market size and forecast

5.3.5.1.1. By Application

5.3.6. France

5.3.6.1. Market size and forecast

5.3.6.1.1. By Application

5.3.7. Czech Republic

5.3.7.1. Market size and forecast

5.3.7.1.1. By Application

5.3.8. UK

5.3.8.1. Market size and forecast

5.3.8.1.1. By Application

5.4. ASIA-PACIFIC

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

5.4.2.1. By Application
5.4.2.2. By Country

5.4.3. China

5.4.3.1. Market size and forecast

5.4.3.1.1. By Application

5.4.4. Australia

5.4.4.1. Market size and forecast

5.4.4.1.1. By Application

5.4.5. India

5.4.5.1. Market size and forecast

5.4.5.1.1. By Application

5.4.6. Indonesia

5.4.6.1. Market size and forecast

5.4.6.1.1. 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. CONCOPHILLIPS

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
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FEATURED COMPANIES

  • Baker Hughes Inc.
  • BG Group PLC.
  • Blue Energy Ltd.
  • BP PLC.
  • Concophillips
  • Encana Corporation
  • MORE
A new report published by Allied Market Research titled, Coal Bed Methane Market by Application- Global Opportunity Analysis and Industry Forecast, 2017-2023,, stats that the coal bed methane market was valued at $9,089 million in 2016, and is projected to reach at $17,956 million by 2023, growing at a CAGR of 9.0% from 2017 to 2023. North America dominates the coal bed methane (CBM) market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.

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.
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  • 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.
  • Santos Ltd.
Note: Product cover images may vary from those shown
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