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Transparency Market
Research
Coal Bed Methane Market - Global Industry Size, Market
Share, Trends, Analysis, And Forecast 2010 – 2018
Published Date
2012-10-23
72 Page Report
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Press Release
Coal Bed Methane Market to Value USD 15,318.9 Million by 2018
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Coal Bed Methane Market
REPORT DESCRIPTION
Coal Bed Methane Market - Global Industry Size, Market Share, Trends,
Analysis, And Forecast 2010 – 2018
Coal Bed Methane Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast,
2010 – 2018, the report by Transparency Market Research provides valuable insights about the
growth opportunities and future prospects about the global coal bed methane (CBM) market
during the defined forecast of the report, 2013-2018.
According to the report, the global coal bed methane industry had a market value worth nearly
USD 12,607.4 million in 2010. This value is estimated to grow at a CAGR of 3.2% during the
forecast period and rise to 15,318.9 million by 2018.
Browse the full Coal Bed Methane Market report at
http://www.transparencymarketresearch.com/coal-bed-methane-market.html
Volume-wise, this market was estimated to have demands worth nearly 2,932 billion cubic feet
during the year 2010. This is estimated to rise to nearly 4,074.2 billion cubic feet by 2018.
The global CBM market is huge. CBM is the major source of gas used for domestic use in many
countries. For instance, in Queensland, CBM contributes around 90% of the country’s
requirement of gas for homes and businesses. Over 25% of electricity in Queensland is
generated by using CBM.
Coalbed methane (CBM) reserves are relatively the most unexploited form of energy sources, but
ones with huge potential. It is estimated that coal beds can contain nearly seven times as much
natural gas as is contained in the...