Market Overview

Global Coalbed Methane Market 2018-2022| APAC Dominates the Global Market| Technavio

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The global coalbed methane market is expected to reach 3,320.75 BCF by
2022, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global coalbed methane market from 2018- ...

Technavio has published a new market research report on the global coalbed methane market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing need for
sustainable energy. Emissions from the burning and combustion of coal
are responsible for a major share of CO2 emission that
results from human activities. Government bodies worldwide are focusing
on reducing GHG emission. Amid international agreements, coal-powered
electricity generation, which once accounted for a major share of the
global energy mix is declining due to its replacement with alternate
sources. One such alternate source is coalbed methane, which is found in
cracks and coalbed fissures and is extracted for use in electricity
generation.

This market research report on the global
coalbed methane market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the decline in coal-based power
generation as one of the key emerging trends in the global coalbed
methane market:

Global coalbed methane market: Decline in
coal-based power generation

Coal is still a dominant energy source used in power generation.
However, a gradual transition is happening on a global scale with coal
being replaced with relatively cleaner fuels and resources. Renewable
resources pose a significant threat to coal-based power generation, as
they are low or emission-free, and their growing popularity has a
profound impact on upcoming fossil fuel-based power projects.

"Demand for power is unlikely to decline, and the reduction in the
use of coal in power generation will give way for other alternative
fuels such as coalbed methane, which is used as a substitute for coal in
power generation and heating. Similar shifts are expected to take place
in various countries during the forecast period which will lead to a
significant reduction in GHG emissions,"
says a senior analyst at
Technavio for research on oil and gas.

Global coalbed methane market: Segmentation
analysis

This market research report segments the global coalbed methane market
by geographical regions (APAC, EMEA, and the Americas).

APAC led the market in 2017 with a market share of nearly 59%. The
region is expected to dominate the market through 2022, with an increase
in its market share of nearly 12%.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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