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(India.CityRegions.Com, September 09, 2018 ) Coal Bed Methane Market is Expected to Reach USD 22.2 billion by 2025 Global Coal Bed Methane Market valued approximately USD 9.84 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.47% over the forecast period 2017-2025. Increasing demand for natural gas to be used as fuel for commercial and residential purpose, increasing focus on clean energy consumption, and lower cost than the conventional source of energy, are the major factors which are driving the growth in the Global Coal Bed Methane Market. Whereas high initial capital requirement may hinder the growth of the market. Coal Bed Methane is natural gas that is found in the coal deposit or un-mined coal sites. Coal Bed Methane can be used in residential application, commercial, and industrial applications like hydro-fracturing, proppant-based fracturing, chemical additive based fracturing, exploration, and drilling.
The industry is seeming to be fairly competitive. Some of the leading market players include G3 Exploration, IGas Energy, Great Eastern Energy Corporation Ltd, Black Diamond Energy Inc. Oil and Natural Gas Corporation, China National Offshore Oil Company, Royal Dutch Shell PLC Class A, China National Petroleum Corporation, BP PLC, TLOU Energy Ltd and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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The regional analysis of Global Coal Bed Methane Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Canada is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below: By Application: Industrial Power Generation Residential Commercial Transportation
Furthermore, years considered for the study are as follows: Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025
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Target Audience of the Global Coal Bed Methane Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com
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