Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- CBM refers to methane that is found in coal seams. It is formed during the process of coalification, the transformation of plant material into coal. CBM is also known as virgin coal seam methane or coal seam gas. It is widely considered an "unconventional" source of natural gas. In the United States, CBM is a valuable resource that accounts for about 5 percent of total U.S. natural gas production annually. CBM is natural gas. CBM is primarily methane – a colourless and odourless gas, found in coal deposits formed over millions of years from fallen trees and other plant matter.

CBM also known as onshore 'unconventional' gas has developed into a key fuel source, helping to lower the global carbon emissions. CBM has various advantages, such as new and less pollution energy with high calorific value, substantially reduce greenhouse gas emissions and so on. Many governments encouraged enterprises to produce the product. For example, in China, "Notice re Period of '13th Five-Year-Plan': Subsidies Granted to Development of Coalbed Methane"#),issued by the Chinese Ministry of Finance on 14 February 2016, the subsidy from central government for coalbed methane ("CBM") production under the "13th Five-Year Plan" will be increased 50% from RMB0.2 per cubic meter to RMB0.3 per cubic meter so as to boost the development of CBM industry.

The global Coal Bed Methane (CBM) market was 14300 million US$ in 2018 and is expected to 21500 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2019 and 2025. This report studies the Coal Bed Methane (CBM) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Get PDF Version of this Report at https://www.qyresearch.com/sample-form/form/1092448/global-coal-bed-methane-cbm-market

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Coal Bed Methane (CBM) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Exxon Mobil(XTO Energy)

BP

ConocoPhillips

Australia Pacific LNG

Santos

Anglo Coal

Arrow Energy

Ember Resources

Encana

AAG Energy

By the product type, the market is primarily split into

CBM Wells

Coal Mines

By the end users/application, this report covers the following segments

Power Generation

Industrial Fuel

Cooking Fuel

Vehicle Fuel

Benefits of Purchasing QY Research Report
Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
Inimitable Expertise: Analysts will provide deep insights about the reports
Assured Quality: We focus on the quality and accuracy of the report

Get Full Report Now At https://www.qyresearch.com/settlement/pre/44e67534c3f7983a01718729dd3e84f9,0,1,Global%20Coal%20Bed%20Methane%20(CBM)%20Market%20Report,%20History%20and%20Forecast%202014-2025,%20Breakdown%20Data%20by%20Manufacturers,%20Key%20Regions,%20Types%20and%20Application

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.