The global coal bed methane (CBM) market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. More Info:- https://www.imarcgroup.com/coal-bed-methane-market

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

2. Report Description
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3. Report Description
Report Description and Highlights
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 Free Sample Report: https://www.imarcgroup.com/coal-bed-methane-
market/requestsample

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

8. 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
Report Description
Report Description and Highlights

9. A partial List of our Clients
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world's leading corporates, governments, and
institutions
Partial List of Clients

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
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