Uploaded on Dec 8, 2021
Coal bed methane (CBM) is considered to be the natural gas found in most coal deposits. It is manufactured throughout the coalification procedure where plant material is transformed into coal over millions of years. Additionally, coal bed methane contains pure methane, a clean-burning fuel that consists of minor impurities and needs minimal processing. It is also known to be eco-friendly than coal, oil or even conventional natural gas.
Coal Bed Methane Market Growth Analysis in Diversified Chemicals Industry DBMR
Coal Bed Methane Market Growth Analysis in
Diversified Chemicals Industry | DBMR
Coal Bed Methane Market, By Extraction Technology (Hydraulic Fracturing, Horizontal
Drilling and CO2 Sequestration), Fracturing Fluids (Water Requirement, Chemical
Additive Requirement and Proppant Requirement), Application (Power Generation,
Industrial, Residential, Commercial and Transportation), Country (U.S., Canada, Mexico,
Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain,
Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South
Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-
Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and
Africa) Industry Trends and Forecast to 2028
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Market Analysis and Insights
Coal bed methane (CBM) is considered to be the natural gas found in most coal deposits.
It is manufactured throughout the coalification procedure where plant material is
transformed into coal over millions of years. Additionally, coal bed methane contains
pure methane, a clean-burning fuel that consists of minor impurities and needs minimal
processing. It is also known to be eco-friendly than coal, oil or even conventional natural
gas.
Major factors that are expected to boost the growth of the coal bed methane market in
the forecast period are the possible greenhouse gas mitigation and advantageous to the
coal mining industry. Furthermore, the prospects for GHG sequestration and carbon
credits is further anticipated to propel the growth of the coal bed methane market.
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Major Key Players
Some of the major players operating in this market are :
• Reliance Industries Limited.
• Essar.
• Halliburton, bp p.l.c.
• Weatherford
• Arrow Energy Pty Ltd, Sino Oil And Gas Holdings Limited
• ConocoPhillips Company.
• Santos Ltd
• CNOOC International Ltd.
• Royal Dutch Shell plc
• IGas Energy plc
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Market Segmentation
• By Extraction Technology (Hydraulic Fracturing, Horizontal Drilling and CO2
Sequestration)
• By Fracturing Fluids (Water Requirement, Chemical Additive Requirement
and Proppant Requirement)
• By Application (Power Generation, Industrial, Residential, Commercial and
Transportation)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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