CBM refers to methane that is found in coal seams. It is formed during the process of coalification, the transformation of plant material into coal. CBM is also known as virgin coal seam methane or coal seam gas. It is widely considered an "unconventional" source of natural gas. In the United States, CBM is a valuable resource that accounts for about 5 percent of total U.S. natural gas production annually.
Global Coal Bed Methane (CBM) key players include Exxon Mobil(XTO Energy), ConocoPhillips, Australia Pacific LNG, Shell (QGC), etc. Global top four manufacturers hold a share about 40%.
USA is the largest market, with a share about 33%, followed by China and Canada, both have a share about 30 percent.
In terms of product, CBM Wells is the largest segment, with a share about 80%. And in terms of application, the largest application is Power Generation, followed by Industrial Fuel, Cooking Fuel, Vehicle Fuel.
Market Analysis and Insights: Global Coal Bed Methane (CBM) Market
In 2020, the global Coal Bed Methane (CBM) market size was US$ 16890 million and it is expected to reach US$ 24170 million by the end of 2027, with a CAGR of 5.3% between 2021 and 2027
Global Coal Bed Methane (CBM) Scope and Market Size
The global Coal Bed Methane (CBM) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Coal Bed Methane (CBM) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
CBM Wells
Coal Mines
Segment by Application
Power Generation
Industrial Fuel
Cooking Fuel
Vehicle Fuel
Other
By Company
Exxon Mobil(XTO Energy)
BP
ConocoPhillips
Australia Pacific LNG
Santos
Anglo Coal
Arrow Energy
Ember Resources
Encana
AAG Energy
G3 Exploration
Carbon Creek Energy
CONSOL Energy
Pioneer Natural Resources
GEECL
Gazprom
Shell (QGC)
Constellation Energy Partners
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Global Coal Bed Methane (CBM) key players include Exxon Mobil(XTO Energy), ConocoPhillips, Australia Pacific LNG, Shell (QGC), etc. Global top four manufacturers hold a share about 40%.
USA is the largest market, with a share about 33%, followed by China and Canada, both have a share about 30 percent.
In terms of product, CBM Wells is the largest segment, with a share about 80%. And in terms of application, the largest application is Power Generation, followed by Industrial Fuel, Cooking Fuel, Vehicle Fuel.
Market Analysis and Insights: Global Coal Bed Methane (CBM) Market
In 2020, the global Coal Bed Methane (CBM) market size was US$ 16890 million and it is expected to reach US$ 24170 million by the end of 2027, with a CAGR of 5.3% between 2021 and 2027
Global Coal Bed Methane (CBM) Scope and Market Size
The global Coal Bed Methane (CBM) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Coal Bed Methane (CBM) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
CBM Wells
Coal Mines
Segment by Application
Power Generation
Industrial Fuel
Cooking Fuel
Vehicle Fuel
Other
By Company
Exxon Mobil(XTO Energy)
BP
ConocoPhillips
Australia Pacific LNG
Santos
Anglo Coal
Arrow Energy
Ember Resources
Encana
AAG Energy
G3 Exploration
Carbon Creek Energy
CONSOL Energy
Pioneer Natural Resources
GEECL
Gazprom
Shell (QGC)
Constellation Energy Partners
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
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