Coal bed methane (CBM) is the natural gas found in most coal deposits. It is created during coalification process where plant material is converted into coal over millions of years. In addition, CBM consists of pure methane, which is a clean-burning fuel, which contains lesser impurities and require minimal processing. It is considered eco-friendly than oil, coal, or even conventional natural gas.
The reduction in methane emissions associated with conventional fuels and coal mining, lower price of CBM compared to other unconventional natural gases, and generation of direct and indirect employment in the extraction of CBM drive the growth of global CBM market. However, the large initial capital commitment for well drilling, stimulation, and water handling, and the difficulty in estimation of recoverable volumes in evaluation of CBM proposals hamper the market growth. Key market players have adopted agreement as their key strategy to widen their brand portfolios and expand their market outreach.

This report provides a complete quantitative data and qualitative analysis on the global market for Coal Bed Methane. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Coal Bed Methane was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Coal Bed Methane is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Coal Bed Methane, including the following market information:
Global Coal Bed Methane Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Coal Bed Methane Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Coal Bed Methane Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Coal Bed Methane Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K MT)
Key market players
Major competitors identified in this market include Arrow Energy Holdings Pty Ltd., GE(Baker Hughes), BG Group PLC., Blue Energy Ltd., BP PLC., China United CoalBed Methane Corporation, Concophillips, Encana Corporation, Origin Energy Ltd., Santos Ltd., AGL Energy Limited, Bow Energy Ltd., Black Diamond Energy, Dart Energy Corporation, Great Eastern Energy Corp. Ltd., Green Dragon Gas Ltd., Halliburton Co, Metgasco Ltd., Reliance Power Limited, Senex Energy Limited, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Horizontal Drilling
Hydraulic Fracturing
Proppants
Based on the Application:
Industrial
Power Generation
Transportation
Commercial
Residential