Global Coal Bed Methane Market 2018-2022
About Coalbed Methane
Coal bed methane in an unconventional gas that is formed during the coalification process. Methane is absorbed by coal and is held by water pressure. Pumping out of the water reduces the pressure and releases the gas, which follows the water out of the well and is used as a fuel. Coal bed methane is rich in methane, which constitutes 99% of the gas. It is indistinguishable from conventionally produced natural gas and can be transported via gas pipelines or in a liquefied form.
Technavio’s analysts forecast the global coalbed methane market, in terms of volume will reach more than 3,300 BCF by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global coalbed methane market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: