Coal seam gas is natural gas extracted from coal bed which generally consists water and gas. Coal seam gas is formed from decomposition and activities of organisms such as algae and plankton. It is combination of important fossil fuel, however, methane is the main and largest constituent of the coal seam gas. Mining of coal seam gas is conducted from the thousands of wells and pipelines, compressors, and numerous waste water treatment plants. Other unconventional methods are also used in the extraction. It has extensive applications in the electricity generation and production of fertilizers, plastics, and chemicals.
The global coal seam gas is segmented on the basis of method of exploration, application, and region. On the basis of method of exploration, the market is segmented in to hydraulic fracturing and horizontal drilling. On the basis of application, the market is segmented in to power generation, production of chemicals, and cooking gas.
The report offers in-depth information and comprehensive evaluation of the global coating additives market. The projections in the report have been derived using trustworthy research methodologies, referenced from press release, whitepapers, news updates, and assumptions. It offers valuable insights on critical parameters related to the coal seam gas market such as growth dynamics, competitive landscape, and geographical landscape.
From past few years, demand for energy is increased significantly. In order to meet this demand power generation is increased exponentially. In addition, exhausting non-renewable energy sources are leading to search for alternative way of energy production. This is a key factor boosting adoption of coal seam gas for electricity generation which is propelling growth of the global coal seam gas market. Additionally, demand for natural gas for cooking purposes is increasing. According to report of the International Energy Agency, global demand for natural gas is expected to increase by 1.6% annually for next few years. While, coal seam gas is important source of the methane. Thus, adoption of coal seam gas as cooking gas is increased which is boosting growth of the coal seam gas market.
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