Global Coal Bed Methane (CBM) Market 2014-2018

DUBLIN, Apr. 04, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/slrqt6/global_coal_bed) has announced the addition of the "Global Coal Bed Methane (CBM) Market 2014-2018" report to their offering.

The analysts forecast the Global Coal Bed Methane market to grow at a CAGR of 3.5 percent over the period 2013-2018. One of the key factors contributing to this market growth is the shifting focus from conventional gas sources. The Global Coal Bed Methane market has also been witnessing rapid technological advancements. However, the long dewatering period for CBM could pose a challenge to the growth of this market.

The report, the Global Coal Bed Methane market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Coal Bed Methane market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Over the years, there has been a tremendous increase in technological advancements in the Global CBM market, which has resulted in the higher extraction of CBM from major reservoirs across the world. These technological advancements include the CBM production mechanism, the development of techniques for accurate isothermic testing and determination of gas levels, the development of well log interpretation, and well simulation models.

Also, huge investments are being made in R&D to improve the efficient recovery of CBM through horizontal drilling while reducing the lead time and cost. The overall volume of production as well as the cost and risk have significantly declined due to these rapid technological advancements in the industry. Therefore, it is expected that technological advancements will be one of the key trends propelling the growth of the Global CBM market during the forecast period.

According to the report, one of the major drivers in this market is the shifting focus from conventional gas sources due to the depletion of fossil fuels. Governments across the globe are being forced to shift their focus to alternative sources of gas supply including CBM, which is propelling the growth of the Global CBM market.

Further, the report states that one of the major challenges confronting the market is the long dewatering period for CBM. The dewatering of a CBM well takes a lot of time and increases the overall cost of development of CBM wells.

Key Topics Covered:

1. Executive Summary

2. List of Abbreviations

3. Scope of the Report

4. Market Research Methodology

5. Introduction

6. Market Landscape

7. Market Segmentation by End-users

8. Geographical Segmentation

9. Key Leading Countries

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series


Companies Mentioned:

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Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net