Coal Bed Methane (CBM) Market Research and Forecast Report 2023-2028

1. Global Coal Bed Methane (CBM) Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Coal Bed Methane (CBM) Market Research Report: The latest report by IMARC, titled “Coal Bed Methane (CBM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global coal bed methane (CBM) market size reached US$ 18.9 Billion in 2022. Coal bed methane (CBM) is a natural gas found within coal beds and formed during the process of coalification, which is considered an unconventional source of natural gas. It is an important energy source in regions with abundant coal deposits. It is a relatively clean-burning fossil fuel as compared to other fossil fuels, such as oil and coal, which emit high levels of carbon dioxide and other pollutants on burning. As a result, CBM finds application in power generation, residential, commercial, industrial, and transportation across the globe. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/coal-bed-methane-

4. Report Description and Highlights Report Description Global Coal Bed Methane (CBM) Market Trends: At present, the growing global population and surging need of electricity represent one of the key factors catalyzing the demand for CBM. In addition, technological advancements in drilling and production techniques are resulting in easier and more cost-effective extraction of CBM from coal seams. Moreover, governments of various countries are undertaking favorable initiatives and subsidies to encourage the exploration of CBM resources. They are also focusing on raising the technical capacity of the mining sector and expanding gas pipeline infrastructure which is strengthening the growth of the market worldwide. Apart from this, the increasing emphasis of governing agencies on using CBM as a feedstock for preparing fertilizers as compared to naphtha, fuel oil, and coal, is offering lucrative growth opportunities to manufacturers operating worldwide. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 25.4 Billion by 2028, exhibiting a CAGR of 4.9% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: • CBM Wells • Coal Mines Breakup by Technology: • Horizontal Drilling • Hydraulic Fracturing • CO2 Sequestration Breakup by Application: • Power Generation • Residential • Commercial • Industrial • Transportation Breakup by Region:

6. Report Description and Highlights Report Description • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America

7. Report Description and Highlights Report Description • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Arrow Energy Holdings Pty Ltd. Baker Hughes Company BP PLC Essar Group G3 Exploration Halliburton Company Petroliam Nasional Berhad (PETRONAS) Reliance Industries Limited Royal Dutch Shell plc Santos Limited The ConocoPhillips Company View Full Report with TOC & List of Figure: https://www.imarcgroup.com/coal-bed-methane-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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