Growing Penetration of Natural Gas in the Transportation and Domestic sectors driving the Market
The natural gas industry has witnessed a considerable expansion in its range of applications, with a surge in demand as an energy fuel in the transportation and domestic sectors. The transportation sector has provided a huge impetus to the natural gas market, with the increasing deployment of CNG vehicles. The trend is likely to continue over the forecast period, thus bolstering the growth of the coalbed methane market.
North America Accounts for One of the Largest Market Shares
Owing to the growing demand for sustainable fuel in the country and increased focus on reducing the reliance on conventional sources of natural gas, North America accounts for one of the largest shares in the global CBM market. The improved economics of production from CBM sites is a major boost for its demand in North America. The United States is likely to dominate the CBM market over the forecast period. The country has a significant potential for natural gas production from CBM sites. As the Unites States has huge per capita consumption of energy, it needs to increase the production of energy. Moreover, policy level push to generate clean energy is expected to drive the US segment of the CBM market during the forecast period.
The major players include - G3 Exploration, IGas Energy, Great Eastern Energy Corporation Ltd, Black Diamond Energy Inc., Oil and Natural Gas Corporation, China National Offshore Oil Company, Royal Dutch Shell PLC Class A, China National Petroleum Corporation, BP, and TLOU Energy Ltd, among others.
Reasons to Purchase this Report
- Current and future coalbed methane market outlook in the developed and emerging markets.
- Analyzing various perspectives of the market, with the help of Porter’s five forces analysis.
- The segment that is expected to dominate the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments and strategies employed by the major market players.
- 3 months analyst support along with the Market Estimate sheet (in excel).
This report can be customized to meet your requirements.
2. Research Methodology
3. Market Overview
3.2 Market Size and Demand Forecast until 2023
3.3 Recent Trends and Developments
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter’s Five Forces Analysis
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitutes
6.5 Intensity of Competitive Rivalry
7. Market Segmentation and Analysis (Overview, Market Size, and Demand Forecast until 2023)
7.1 By Application
7.1.2 Power Generation
8. Regional Market Analysis (Overview, Market Size, and Demand Forecast until 2023)
8.1 North America
8.4 Rest of the World
9. Key Company Analysis* (Overview, Products & Services, Financials**, Recent Developments, and Analyst View)
9.1 G3 Exploration
9.2 IGas Energy
9.3 Great Eastern Energy Corporation Ltd
9.4 Black Diamond Energy Inc.
9.5 Oil and Natural Gas Corporation
9.6 China National Offshore Oil Company
9.7 Royal Dutch Shell PLC Class A
9.8 China National Petroleum Corporation
9.9 BP PLC
9.10 TLOU Energy Ltd
10. Competitive Landscape
10.1 Mergers & Acquisitions
10.2 Joint Ventures, Collaborations, and Agreements
10.3 Strategies Adopted by Leading Players
*List not Exhaustive
**Subject to availability on the public domain