Canada Coal Bed Methane Market Size & Outlook, 2019-2027
The coal bed methane market in Canada is expected to reach a projected revenue of US$ 1,768.0 million by 2027. A compound annual growth rate of 3.4% is expected of Canada coal bed methane market from 2020 to 2027.
- Energy & Power
- Conventional Energy
- Coal Bed Methane Market Outlook
- Conventional Energy
Revenue, 2019 (US$M)
$1,353.1
Forecast, 2027 (US$M)
$1,768.0
CAGR, 2020 - 2027
3.4%
Report Coverage
Canada
Canada Coal Bed Methane Market, 2016-2027 (US$M)
Global Market
Related Markets
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Canada coal bed methane market highlights
- The Canada coal bed methane market generated a revenue of USD 1,353.1 million in 2019 and is expected to reach USD 1,768.0 million by 2027.
- The Canada market is expected to grow at a CAGR of 3.4% from 2020 to 2027.
- In terms of segment, industrial was the largest revenue generating application in 2019.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
Coal bed methane market data book summary
| Market revenue in 2019 | USD 1,353.1 million |
| Market revenue in 2027 | USD 1,768.0 million |
| Growth rate | 3.4% (CAGR from 2019 to 2027) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Power Generation, Residential, Commercial, Transportation |
| Key market players worldwide | Reliance Industries Ltd GDR - 144A, Shell PLC, PetroChina Co Ltd Class H, GE Aerospace, ConocoPhillips, Halliburton Co, BP PLC, Exxon Mobil Corp, Great Eastern Energy Corporation, Gazprom, Essar Group, Petroliam Nasional Berhad, G3 Exploration |
Other key industry trends
- In terms of revenue, Canada accounted for 8.5% of the global coal bed methane market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. coal bed methane market is projected to lead the regional market in terms of revenue in 2027.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 277.8 million by 2027.
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Coal Bed Methane Market Scope
Coal Bed Methane Market segmentation & scope
Coal Bed Methane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Exxon Mobil Corp | View profile | 61,500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | www.exxonmobil.com |
| Shell PLC | View profile | 100,000 | Shell Centre, London, United Kingdom, SE1 7NA | www.shell.com |
| BP PLC | View profile | 87,800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | www.bp.com |
| Reliance Industries Ltd GDR - 144A | View profile | 389,414 | 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, India, 400021 | www.ril.com |
| Halliburton Co | View profile | 49,000 | 3000 North Sam Houston Parkway East, Houston, TX, United States, 77032 | www.halliburton.com |
| PetroChina Co Ltd Class H | View profile | 375,803 | No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 | www.petrochina.com.cn |
| ConocoPhillips | View profile | 10,000 | 925 North Eldridge Parkway, Houston, TX, United States, 77079 | www.conocophillips.com |
| Great Eastern Energy Corporation | View profile | 101-250 | Gurgaon, Haryana, India, Asia | www.geecl.com/ |
| Gazprom | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | www.gazprom.com |
Canada Coal Bed Methane Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Coal Bed Methane Market Outlook will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 42.47% in 2019.
Horizon Databook has segmented the Canada coal bed methane market based on industrial, power generation, residential, commercial, transportation covering the revenue growth of each sub-segment from 2016 to 2027.
- Canada Coal Bed Methane Market Application Outlook (Revenue, USD Million , 2016-2027)
- Industrial
- Power Generation
- Residential
- Commercial
- Transportation
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Coal Bed Methane Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Coal Bed Methane Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Canada Coal Bed Methane Market, 2016-2027 (US$M)
Canada coal bed methane market statistics, by application, 2016-2027 (US$M)
