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Coal Bed Methane Market Key Insights
Coal Bed Methane Market Analysis by Regions
Coal Bed Methane Market Analysis by Segments
Coal Bed Methane Market Size (current and future)
Coal Bed Methane Market Competitive Benchmarking
2 years ago
Coal Bed Methane Market By Application (Power Generation, Industrial, Residential, Commercial, Transportation) - Growth, Future Prospects & Competitive Analysis, 2016 - 2023
Coal bed methane refers to the extraction of natural gas from the coal beds. Natural gas is generally present in the coal bed in the form of methane. It is also known as coal-mine methane (CMM) or coal bed gas or coal seam gas (CSG). Advancement in technology has facilitated the production of coal bed methane on commercial scale. Growing energy demand and depleting oil reserves influencing oil...
Coal Bed Methane Market
The global coal bed methane market is expected to witness excellent growth in recent years. The pure methane found in most coal deposits is a clean-burning fuel.
The minimal processing, low-level impurities, and relatively environment-friendly and cost-effective function of this methane are the driving factors for the growth of the coal bed methane market.
Other driving factors include the low cost compared to other unconventional natural gases, methane emission regulations associated with coal mining and conventional fuels, and the jobs created for coal bed methane extraction. Naturally, there are a few restraining factors to this growth, including the high initial capital and the tough estimations of extraction volumes from coal deposits.
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