Global Coal Bed Methane (CBM) production to reach 5,150 BCF in 2021; North America and Asia Pacific to remain the largest CBM supply regions

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MarketsandMarkets Presents
Global Coal Bed Methane (CBM) production to reach
5,150 BCF in 2021 North America and Asia Pacific
to remain the largest CBM supply regions
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al-based-methane-379.html
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The report Coal Bed Methane (CBM) Market by
Technology, Geography, Application, Regulation,
Market Trends Global Forecasts (2011 2021)
defines and segments the global CBM market with
analysis and forecasts of CBM production and
consumption volumes, production costs, and
selling prices. It also identifies driving and
restraining factors for the market with analysis
of trends, opportunities, and challenges. The
market is segmented and forecasted on the basis
of major geographies such as North America,
Europe, Middle East and Africa, Asia-Pacific, and
Rest of the World (ROW). The market is further
segmented on the basis of applications,
countries, and technology. Browse more than 103
market data tables/figures spread across 213
pages and an in-depth TOC on Coal Bed Methane
(CBM) Market by Technology, Geography,
Application, Regulation, Market Trends Global
Forecasts (2011 2021). http//www.marketsandm
arkets.com/Market-Reports/coal-based-methane-379.h
tml Early buyers will receive 10
customization on this report.

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Coal bed methane (CBM), shale gas, and tight gas
are types of unconventional natural gas. As
methane is the largest constituent of CBM, it can
be used in the same residential, commercial, and
industrial applications as conventional natural
gas. The factors leading to increased interest in
the CBM market include possible greenhouse gas
mitigation, increased safety and productivity in
coal mining operations, and the possibility of
greenhouse gas capture and storage, and, not to
forget, earning carbon credits. However, the
markets potential is somewhat hindered by long
dewatering periods and environmental effects. In
spite of this, the CBM market provides
opportunities to ethylene and natural gas liquids
(NGL) producers. Driven partially by the 3.5
growth in the CBM market between 2011 and 2021,
demand for prop pant on the global level is also
expected to increase. This could put further
pressure on prop pant supply, which is already in
shortage globally. Global Coal bed methane (CBM)
production is expected to grow from 3,654 billion
cubic feet in 2011 to 5,150 billion cubic feet in
2021 at a CAGR of 3.5 for the same period. CBM
output from Rest of the World (ROW) is expected
to get generated by 2021.
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al-based-methane-379.html
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On the basis of ongoing activities, the
production growth rate would be pushed up to 5.8
and output from 3,881 billion cubic feet to 5,150
billion cubic feet during 2016-2021. The markets
expected to register high growth rates for the
forecasted period are Russia (34.6), China
(14.7), Indonesia (14.9), and Canada (11.1).
The mature market of North America is expected to
remain more or less stagnant while Australia is
expected to grow at rate of 7. In 2021, the U.S.
and Australia are expected to hold a combined 74
market share in global CBM production and a 75
share in global CBM consumption. In 2010, most
of the coal bed methane (CBM) production (39)
was used by the industrial sector. Falling in the
second place was the power generation sector with
a share of 31. The remaining three sectors
residential, commercial and transportation,
utilized 17, 10 and 3 respectively. The report
also includes the breakdown for reserves,
production, and consumption of the unconventional
gas market into shale gas, CBM, and tight gas. It
also provides the value of the three sub-markets
for each year through 2021.
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al-based-methane-379.html
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