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Follow on Google News | Coal Bed Methane (CBM) Market By Application (Power Generation, Industrial, Residential,) 2014GrandViewResearch.com has announced the addition of "Global Coal Bed Methane (CBM) Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.
By: Grand View Research, Inc The strict framework designed for extraction by various environmental agencies coupled with the highly capital intensive process is expected to be a key challenge for industry participants over the next six years. The report “CBM (Coal Bed Methane) Market Analysis and Segment Forecasts to 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/ Inquiry Before Buying @ http://www.grandviewresearch.com/ Further Key findings from the study suggest: • Global CBM production was 2,920.3 Bcf in 2013 and is expected to reach 4,667.4 Bcf by 2020, growing at a CAGR of 7% from 2014 to 2020. • Power generation and industrial applications dominated CBM usage, accounting for over 64% of global volumes in 2013, with the former expected to be the fastest growing CBM market, at an estimated CAGR of 8.5% from 2014 to 2020. • U.S. and Canada are the largest CBM producers, accounting for over 70% of global volume in 2013. U.S. CBM market revenues were estimated at USD 7.22 billion in 2013 and are exoected to grow at a CAGR of 5.4% from 2014 to 2020. • Asia Pacific is expected to be the most dynamic regional market, with significant unexplored reserves. China, India and Indonesia are expected to lead the Asian CBM industry. The Chinese Ministry of Land and Resources has already announced plans to produce 16 billion cubic meters of coal bed methane by 2015, while Indonesia has already audited 1,000 bcf net resources and has production target of over 15,000 bcf by 2020. • Key companies involved in CBM extraction include Arrow Energy, Dart Energy, Santos, PetroCHina and petronas. For the purpose of this study, Grand View Research has segmented the global CBM market on the basis of application and region: • CBM Application Outlook (Volume, Bcf; Revenue, USD Billion; 2012-2020) - Power Generation - Industrial - Residential - Commercial - Transportation Regional coverage of the database includes: • North America - U.S. - Canada • Europe - Russia • Asia-Pacific - China - India - Australia - Indonesia Request Sample of This Report @ http://www.grandviewresearch.com/ Latest Market Research Published By Grand View Research: Solar Tracker Industry Trends And Market Segment Forecasts To 2018 ( http://www.grandviewresearch.com/ Hydropower Market Analysis And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/ About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com Contact: Sherry James, Corporate Sales Specialist Grand View Research, Inc San Francisco, California, USA Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 sales@grandviewresearch.com http://www.grandviewresearch.com End
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