Coal bed methane commonly referred to as CBM is a form of natural gas which is produced from the coal bed deep down the earth surface. It is an unconventional source of gas. CBM is a byproduct of the coalification process, which consists of pure methane in majority of the fields.
Coal bed methane gas is generally of two types:
- Biogenic (formed by bacterial action on coal)
- Thermogenic (formed by heat and pressure applied on coal)
Coal bed methane requires very little processing in the majority of instances and is pipeline quality gas, especially the biogenic gas. CBM is found mainly in bituminous and sub-bituminous coal which has better permeability but less gas content as compared to lignite coal which ranks less than bituminous and sub-bituminous coal. Permeability decreases and gas content increases with increasing coal rank.
Coal bed methane exists almost exclusively in a condensed, liquid state. CBM reservoirs are different from sandstone or other conventional natural gas reservoirs, as the methane in CBM reservoirs is stored within the coal, as coal adsorbs the methane gas. Coal has high porosity therefore, it is able to absorb and retain large amount of gas. Unlike conventional natural gas, CBM contains very little amount of heavier hydrocarbons like propane or butane. Though, it may contain a few percent of carbon dioxide.
The quality of gas depends on the depth of the gas reservoir. Deep CBM reservoirs, generally with depth greater than 3,000 feet contain methane generated by cracking of kerogens and oil in coal to gas and is considered to be of superior quality compared to the gas found in shallow depths (<3,000 feet).
The global market for CBM is driven primarily in order to decrease dependability on the conventional sources of gas and the increasing demand for clean fuel owing to impact of using crude oil and coal on environment is also driving the growth for global CBM market.
This report is designed for measuring the performance of global coal bed methane market. The report provides an in depth analysis of coal bed methane market in geographies like North America, Europe, Asia Pacific and Rest of the World with market volumes and revenues for each geography which are estimated from 2010 and forecasted till 2018. As the U.S is the biggest market for coal bed methane, we have analyzed U.S. market for CBM separately. Along with it, the report also covers analysis of CBM market in China, Russia, India, Australia and Indonesia along with market volumes and revenues for each country from 2010 to 2018. Additionally, the report also covers in depth value chain analysis for coal bed methane market.
This research report also covers the applications for which CBM is currently being used. The report segments the application market for CBM as industrial, power generation, residential, commercial and transportation. The report includes in depth analysis for each of the application segment mentioned above with their revenues and volumes analyzed from 2010 and forecasted till 2018.
This report also provides company profiles of the major players in the coal bed methane market. Our company profile includes company and financial overview, strategies adopted by the companies and their recent developments which can help in assessing the competition in the market. Some of the major companies included in this report include Queensland Gas, Arrow Energy, Sydney Gas, BPI Industries, Dart Energy, Great Eastern Energy, Green Dragon Gas, PetroChina among some other companies. In order to provide our clients with best competition assessment we have included the company market share of major players operating in the global CBM market. In addition, this report also covers Porter’s five forces analysis for global CBM market.
This research is specially designed to estimate and analyze the demand and performance of coal bed methane market in global scenario. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the coal bed methane market as below:
Coal Bed Methane Market, by Application:
- Power Generation
The report provides a cross-sectional analysis of all the above segments with respect to following geographical markets:
- North America
- Rest of the World (RoW)
Along with the geographies mentioned above, the report also covers in depth analysis of CBM market in U.S., Russia, China, India, Australia and Indonesia.