Under the purview of energy, coal bed methane primarily refers to the natural gas or methane recovery from un-mined coal seams and adjacent sandstones. Such methane recovery usually occurs prior to mining, whereas in some cases, coal seams remain un-mined and methane recovery from such sites is known as virgin coal bed methane. Coal bed methane recovery from un-mined coal mines is of strategic importance as absolute or maximum drainage of the methane seam is necessary to avoid the risk of explosion as well as mitigate the emission of methane in the atmosphere from coal mining operations. From the estimated global coal bed methane reserve of about 4,000 Tcf to 5,000 Tcf, about 20% to 25% is recoverable.
Market segmentation of global coal bed methane can be done on the basis of application, technology and geography. On the basis of application, the global carbon methane market includes commercial application, industrial application, power generation, residential application, and transportation. On the basis of technology, the global carbon bed methane market includes fracturing techniques including hydro-fracturing, proppant-based fracturing and chemical additive based fracturing, exploration, and drilling. Among these, fracturing techniques have been utilised most frequently for coal bed methane recovery. On the basis of geography, the global coal bed methane market includes North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe, and Middle East & Africa. Among these, the largest carbon bed methane resource bases are found in Canada, China, US, Soviet Union and Australia, with Canada accounting for the maximum share followed by the Soviet Union, China, Australia and US. On a broader level, any country with abundant coal reserves and population, and high energy demand will serve as a potential market for carbon bed methane development at a global level. The demand for coal bed methane gas is evident alongwith the demand for natural gas in China and other Asian countries. Associated exploration in the US has been active in the past few years whereas Canada witnessed lower exploration and the development offewer extraction technologies pertaining to global coal bed methane market.
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- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
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Regional analysis includes:
- North America
- Latin America
- Asia Pacific
- Japan
- Western Europe
- Eastern Europe
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.
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Global Coal Bed Methane Market
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- Historical, current and projected market size in terms of volume and value
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- Competitive landscape
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