The global demand for Coal Bed Methane Market is presumed to reach the market size of nearly USD 39.13 BN by 2030 from USD 21.11 BN in 2022 with a CAGR of 8.02% under the study period 2023 - 2030.
Coal Bed Methane is the methane trapped in underground coal beds. This type of methane can be accessed using drilling techniques similar to those used to extract shale gas. In these deposits, methane adheres to the coal surface. The seams are under the water. The pump unit pulls the water out to extract the below-trapped methane. Pumping out of the water reduces the underground pressure level, which allows methane to escape through the seams. It is a clean burning fuel (CNG) for residential and industrial use. Although it tends to be harder to access than traditional gas, coal bed methane is emerging as a new energy source.
Market Dynamics
The low cost of Coal Bed Methane (CBM) compared to other unconventional natural gas, the development of direct and indirect employment in mining, and the reduction of methane emissions are the factors that impact the growth of the overall CBM market. Both governmental developments regarding the use of methane gas and the growing desire to use clean energy sources have contributed to the upsurge of the coal bed methane market. In addition, the CBM market expects a surge due to the increasing power demand from various end-use industries. However, massive initial capital commitments for well drilling stimulation and water treatment and difficulties in estimating recoverable volumes when evaluating CBM proposals hinder market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of coal bed methane. The growth and trends of coal bed methane industry provide a holistic approach to this study.
Market Segmentation
This section of the coal bed methane market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Industrial
- Power Generation
- Transportation
- Commercial
- Residential
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Coal Bed Methane market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Coal Bed Methane Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the coal bed methane market include Arrow Energy, Baker Hughes, BG Group (Royal Dutch Shell Plc.), Blue Energy, Bp Plc, China United Coal Bed Methane Corporation, Concophillips, Encana Corporation, Origin Energy, Santos Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.