Coal Bed Methane Market Size, Share Analysis and Forecast Report (2026-2035)

Rising Applications of Hydraulic Fractioning Technique in the Oil and Gas Sector to Augment the Global Coal Bed Methane Industry

Hydraulic fractioning technique is witnessing a rise in application in the oil and gas sector to improve the efficiency of coal bed methane walls, which is driving the segment’s growth. In addition to this, the technique also increases the production output while having no effect on drinking water owing to the horizontal propagation of the fracs.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Meanwhile, the horizontal drilling segment is likely to gain traction in the forecast period in coal bed reservoirs which is further propelling the market growth. During the forecast years, increased research and development activities to understand the pattern of drilling, for a better understanding of gas content, permeability, and characteristics of desorption, are likely to provide impetus to the segment.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Asia Pacific Accounts for a Sizable Share in the Market for Coal Bed Methane

The coal bed methane market in the region is being driven by the favourable policies of governments encouraging the acceptance of CBM as a source to produce various downstream products. For instance, in India, a license was issued to automotive manufacturing companies to use CBM as a primary fuel to run automotive vehicles.

Europe is anticipated to witness a steady growth in the coming years owing to the strong foothold of major CBM manufacturing companies planning to increase their production capacities.

Market Segmentation

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Increasing Demand Natural Gas Production to Boost the Growth of the Coal Bed Methane Industry

Coal bed methane is used as a clean energy source to produce natural gas. The increasing demand for natural gas in commercial and industrial sectors for applications such as cooking, heating, and providing electricity to residential and industrial structures, among others, is driving market growth. Stringent regulations of the government emphasising on utilising clean energy sources in sectors such as oil and gas and petrochemical, is further propelling the demand for coal bed methane.

Moreover, coal bed methane can generate power in a relatively cheaper way and is gaining traction across emerging economies to reduce the dependency on carbon. This factor is bolstering the market growth. Furthermore, coal bed methane is a crucial component in the production of fertilisers. Hence, the thriving agriculture industry around the world owing to the increasing number of consumers, is likely to aid the market in the forecast period.

Key Players in the Global Market for Coal Bed Methane

The report gives a detailed analysis of the following key players in the global coal bed methane market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Halliburton Company

• BP PLC

• China United Coalbed Methane Corp.

• Petroliam Nasional Berhad (PETRONAS) 

• Santos Limited

• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.