The Coal Bed Methane (CBM) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the Coal Bed Methane (CBM) Global Market has seen robust growth in recent years. The market, which is expected to grow from $19.86 billion in 2024 to $21.11 billion in 2025, projects a compound annual growth rate (CAGR) of 6.3%.
By 2029, the global coal bed methane (CBM) market is projected to reach a size of $26.13 billion, growing at a compound annual growth rate (CAGR) of 5.5%.
Download Your Free Sample of the 2025 Coal Bed Methane (CBM) Market Report and Uncover Key Trends Now!The key drivers in the coal bed methane (cbm) market are:
• Global transition to cleaner energy sources
• Technological advancements in CBM extraction
• Increased focus on unconventional gas resources
• Energy independence initiatives and expansion of CBM infrastructure
The coal bed methane (CBM) market covered in this report is segmented –
1) By Type: CBM Wells, Coal Mines
2) By Raw Materials: Natural gas, Coal
3) By Technology: Horizontal Drilling, Hydraulic Fracturing, CO2 Sequestration
4) By Application: Industrial, Power Generation, Transportation, Commercial, Residential
The key trends in the coal bed methane (cbm) market are:
• Cleaner energy transition and technological advancements in extraction methods are shaping the market.
• Unconventional gas resources and energy independence initiatives are making significant impacts.
• Government support and new regulations are major upcoming trends.
• Innovations in reservoir management and infrastructure investments for distribution have become increasingly popular.
Major companies in the coal bed methane (cbm) market are:
• PetroChina Company Limited
• Royal Dutch Shell plc
• British Petroleum Plc
• Chevron Corporation
• Tamboran Resources Limited
• Reliance Industries Limited
• Petroliam Nasional Berhad
• ConocoPhillips Company
• Comet Ridge Limited
• Baker Hughes Company
• Halliburton Company
• Origin Energy Limited
• AGL Energy Limited
• Great Plains Energy Inc
• Santos Limited
• Western Gas Corporation
• Far East Energy Corporation
• Queensland Gas Company Ltd.
• Arrow Energy Holdings Pty Ltd.
• Great Eastern Energy Corporation Ltd.
• Central Petroleum Limited
• Metgasco Ltd.
• G3 Exploration Limited (G3E)
• China United Coalbed Methane Corporation Ltd.
Asia-Pacific was the largest region in the coal bed methane (CBM) market share in 2024