세계의 석탄층 메탄 시장 예측(-2030년) : 제품 유형, 기술, 용도, 최종 사용자, 지역별 분석

According to Stratistics MRC, the Global Coal Bed Methane Market is accounted for $13.7 billion in 2024 and is expected to reach $20.5 billion by 2030 growing at a CAGR of 6.9% during the forecast period. Coal Bed Methane (CBM) is a unique natural gas trapped within coal seams, primarily composed of methane (CH4) formed during the coalification process. It is adsorbed onto the surface of coal particles and held in place by water pressure within the coal seam. Extracting CBM requires drilling wells into coal seams and reducing water pressure, which involves dewatering. Advanced drilling techniques like horizontal drilling and hydraulic fracturing improve gas recovery efficiency. CBM is considered a cleaner energy source compared to coal and oil, emitting lower levels of carbon dioxide and pollutants. It is used for electricity generation, industrial applications, and as a fuel for vehicles in the form of compressed natural gas (CNG).

According to the International Energy Agency (IEA), global energy-related CO2 emissions rose by 1.1% in 2023, increasing by 410 million tons from 2022, reaching a record high of 37.4 billion tons. This follows a 1.3% increase of 490 million tons in 2022.

Market Dynamics:

Driver:

Rising demand for cleaner energy

As global energy consumption continues to rise, industries and governments are shifting towards natural gas as a cleaner alternative to coal and oil. Coal bed methane, being a methane-based fuel, emits lower levels of carbon dioxide (CO2), sulfur, and particulate matter compared to conventional fossil fuels. This aligns with international climate agreements and national policies aimed at reducing greenhouse gas emissions. Moreover, CBM provides a reliable energy security solution, particularly in regions with abundant coal reserves, reducing dependence on imported natural gas and crude oil boosting the market growth.

Restraint:

High initial capital & production costs

The drilling process, dewatering, and methane extraction involve expensive technologies, which increase operational costs. Additionally, the water management process in coal bed methane extraction is complex; requiring proper disposal or treatment of produced water, further adding to expenses. Many companies face difficulties in securing funding due to the uncertainty of methane yield from coal seams, which varies by location. These high costs, combined with fluctuating natural gas prices, can discourage investment in coal bed methane projects, limiting market growth.

Opportunity:

Innovations in extraction and production techniques

Innovations such as horizontal drilling, hydraulic fracturing, and enhanced coal seam stimulation have improved the efficiency of coal bed methane recovery. These advancements help in increasing gas extraction rates while reducing operational costs, making CBM production more economically viable. Additionally, the development of advanced water treatment technologies enables better management of produced water, addressing environmental concerns. In addition the integration of artificial intelligence (AI) and real-time monitoring in coal bed methane production also enhances efficiency, reducing methane leakage and improving safety measures encouraging the market growth.

Threat:

Rising adoption of renewable energy sources

Governments and industries are investing heavily in solar, wind, and hydrogen energy, which are perceived as more sustainable and long-term solutions for clean energy. Many countries have set ambitious targets for net-zero emissions, leading to policy changes that favor renewable over fossil fuels. Additionally, advancements in battery storage technology have improved the reliability of renewable energy, reducing dependence on natural gas-based power generation. As solar and wind energy become more cost-competitive, CBM may face reduced market share in the global energy transition.

Covid-19 Impact

The economic slowdown led to a decline in industrial activities, directly affecting the consumption of natural gas, including coal bed methane. Additionally, financial constraints during the pandemic resulted in the postponement of exploration and production projects, further slowing market growth. However, the pandemic also highlighted the need for energy diversification, leading some governments to reassess their domestic energy sources. As economies recover, the demand for cleaner and cost-effective energy sources is expected to drive renewed interest in coal bed methane projects.

The conventional segment is expected to be the largest during the forecast period

The conventional segment is expected to account for the largest market share during the forecast period due to its well-established extraction techniques and lower technical risks. Conventional coal bed methane extraction involves simpler drilling and dewatering processes, making it more attractive for companies with limited access to advanced technologies. Furthermore, regions with mature coal basins and existing gas infrastructure support the growth of conventional coal bed methane production driving the markets growth.

The power generation segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the power generation segment is predicted to witness the highest growth rate owing to stable and efficient fuel source for power generation, offering lower emissions compared to coal-fired power plants. The increasing electrification of industries and the need for reliable energy sources in developing countries are driving the demand for CBM-based electricity. Government incentives and policies supporting low-carbon energy sources are further encouraging the adoption of coal bed methane in power generation.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to extensive coal reserves and well-established natural gas infrastructure, making CBM production economically viable. The United States and Canada have been pioneers in unconventional gas exploration, supported by favorable government policies and regulatory frameworks. In addition, the demand for cleaner energy sources and energy independence has led to increasing investments in CBM extraction. North America's stringent environmental regulations and advanced extraction technologies ensure sustainable CBM production, further solidifying its market dominance.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR owing to countries like China, India, and Australia are rapidly expanding their CBM production capabilities to meet growing energy demands. The region has vast untapped coal reserves, providing significant opportunities for extraction. Governments in China and India are actively supporting CBM projects through policy incentives and infrastructure development to reduce reliance on imported natural gas. This rising industrialization and urbanization in Asia Pacific are driving increased demand for affordable and cleaner energy, positioning the region as a key growth hub for CBM.

Key players in the market

Some of the key players in Coal Bed Methane market include Arrow Energy Pty Ltd., Baker Hughes, a GE Company LLC, Black Diamond Energy, ConocoPhillips Company, Essar, Exxon Mobil, G3 Exploration, Gazprom, Great Eastern Energy, Halliburton, IGas Energy, PetroChina Company Limited, Petroliam Nasional Berhad, Pioneer Natural Resources Company, Reliance Industries Limited and Royal dutch shel plc .

Key Developments:

In January 2025, Halliburton Energy Services and Coterra Energy Inc. announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv(R) Auto Frac service, which is part of the ZEUS platform.

In April 2024, GE Aerospace announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker "GE".

Production Types Covered:

• Conventional
• Unconventional

Technologies Covered:

• Horizontal Drilling
• Hydraulic Fracturing
• CO2 Sequestration
• Gas Recovery
• Other Technologies

Applications Covered:

• Power Generation
• Manufacturing & Chemical Production
• Heating
• Transportation Fuel
• Other Applications

End Users Covered:

• Industrial
• Residential
• Commercial
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Coal Bed Methane Market, By Production Type

• 5.1 Introduction
• 5.2 Conventional
• 5.3 Unconventional

6 Global Coal Bed Methane Market, By Technology

• 6.1 Introduction
• 6.2 Horizontal Drilling
• 6.3 Hydraulic Fracturing
• 6.4 CO2 Sequestration
• 6.5 Gas Recovery
• 6.6 Other Technologies

7 Global Coal Bed Methane Market, By Application

• 7.1 Introduction
• 7.2 Power Generation
• 7.3 Manufacturing & Chemical Production
• 7.4 Heating
• 7.5 Transportation Fuel
• 7.6 Other Applications

8 Global Coal Bed Methane Market, By End User

• 8.1 Introduction
• 8.2 Industrial
• 8.3 Residential
• 8.4 Commercial
• 8.5 Other End Users

9 Global Coal Bed Methane Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Arrow Energy Pty Ltd.
• 11.2 Baker Hughes, a GE Company LLC
• 11.3 Black Diamond Energy
• 11.4 ConocoPhillips Company
• 11.5 Essar
• 11.6 Exxon Mobil
• 11.7 G3 Exploration
• 11.8 Gazprom
• 11.9 Great Eastern Energy
• 11.10 Halliburton
• 11.11 IGas Energy
• 11.12 PetroChina Company Limited
• 11.13 Petroliam Nasional Berhad (PETRONAS)
• 11.14 Pioneer Natural Resources Company
• 11.15 Reliance Industries Limited
• 11.16 Royal dutch shel plc