Market Overview:
The global combustible ice market is estimated to be valued at US$ 1,022.8 Mn in 2018 and is projected to reach US$ 3,928.7 Mn by 2030, registering a CAGR of 18.5% from 2018 to 2030. The ocean generation segment is expected to dominate the global combustible ice market during the forecast period owing to the presence of large reserves of combustible ice in oceans across the globe.
Product Definition:
Combustible ice is an alternative fuel made from water and methane. When burned, it releases less carbon dioxide than coal.
Ocean Generation:
Ocean generation is a process in which the heat from the burning of fossil fuels and biomass is used to generate electricity. The ocean thermal energy conversion system (OTES) uses surface waves to capture solar energy and convert it into usable forms such as heat, current and electricity. OTES has been proven effective in providing clean, continuous power with no greenhouse gas emissions on land or sea surfaces globally.
Continent Generation:
Continental ice is generated by the process of sublimation and has a melting point higher than 0°C. It is usually formed in large blocks, which are cut into pieces and then processed to make beverages such as water, soft drinks, coffee or tea. The process of generating Continental Ice involves two major steps including generating super-cooled liquid and solidification.
Application Insights:
The thermal excitation mining method is projected to dominate the global market over the forecast period. This can be attributed to its higher efficiency and lower operating cost as compared with other methods of mining. The chemical reagent injection mining method is also expected to witness significant growth during the same period owing to its ability to inject a large amount of chemicals in a short time without having any impact on production cost.
The solid mineral extraction method is anticipated gain traction over the next few years owing due increase focus on alternative sources of energy such as solar and wind power generation coupled with rising environmental concerns regarding greenhouse gas emissions from fossil fuel combustion plants. However, this application segment is expectedto witness sluggish growth in comparison with other applications such as CO2 replacement or decompression mining due low penetration rate globally thus far.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing coal mining activities in China, India, Australia, and South Africa. The region has witnessed a significant increase in COVID-19 positive cases as well as deaths due to respiratory complications since mid-December 2016. In addition, stringent regulations by various governments coupled with rising awareness about health hazards caused by Combustible Ice are further anticipated to propel industry growth over the next eight years.
Europe was estimated at USD X million in 2017 owing to high demand from countries such as Germany (recombination mining), France (chemical injection), Italy (decompression) and U.K.
Growth Factors:
- Increasing demand for energy: The global population is growing at a rapid pace and the demand for energy is increasing along with it. Combustible ice can be used as an alternative to traditional fuels such as coal, gas, and oil, which makes it a potential source of energy for the future.
- Rising awareness about combustible ice: There is still a lot of ignorance about combustible ice in many parts of the world. However, with rising awareness about its benefits, more people are starting to see its potential. This will help drive growth in the market in the coming years.
- Technological advancements: The technology required to produce and use combustible ice is constantly evolving and improving, making it easier and more efficient to use this fuel source. This will help spur growth in the market over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Combustible Ice Market Research Report
By Type
Ocean Generation, Continent Generation
By Application
Thermal Excitation Mining, Decompression Mining Method, Chemical Reagent Injection Mining Method, CO2Rreplacement Mining Method, Solid Mining Method
By Companies
SINOGEO, China Oilfield Services Ltd., Haimo Technologies Group Corp., TONG PETROTECH, Guangzhou Development Group Incorporated, SINOPEC OILFIELD EQUIPMENT CORPORATION, China International Marine Containers (Group) Ltd., Sinopec Oilfield Service Corporation, China National Petroleum Corporation, NISCO, SHANGHAI SHENKAI PETROLEUM & CHEMICAL EQUIPMENT CO.,LTD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Combustible Ice Market Report Segments:
The global Combustible Ice market is segmented on the basis of:
Types
Ocean Generation, Continent Generation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Thermal Excitation Mining, Decompression Mining Method, Chemical Reagent Injection Mining Method, CO2Rreplacement Mining Method, Solid Mining Method
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SINOGEO
- China Oilfield Services Ltd.
- Haimo Technologies Group Corp.
- TONG PETROTECH
- Guangzhou Development Group Incorporated
- SINOPEC OILFIELD EQUIPMENT CORPORATION
- China International Marine Containers (Group) Ltd.
- Sinopec Oilfield Service Corporation
- China National Petroleum Corporation
- NISCO
- SHANGHAI SHENKAI PETROLEUM & CHEMICAL EQUIPMENT CO.,LTD
Highlights of The Combustible Ice Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ocean Generation
- Continent Generation
- By Application:
- Thermal Excitation Mining
- Decompression Mining Method
- Chemical Reagent Injection Mining Method
- CO2Rreplacement Mining Method
- Solid Mining Method
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Combustible Ice Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Combustible ice is a type of ice that can be ignited by heat or flame. This makes it a potential danger in areas where there is potential for an accidental fire.
Some of the major players in the combustible ice market are SINOGEO, China Oilfield Services Ltd., Haimo Technologies Group Corp., TONG PETROTECH, Guangzhou Development Group Incorporated, SINOPEC OILFIELD EQUIPMENT CORPORATION, China International Marine Containers (Group) Ltd., Sinopec Oilfield Service Corporation, China National Petroleum Corporation, NISCO, SHANGHAI SHENKAI PETROLEUM & CHEMICAL EQUIPMENT CO.,LTD.
The combustible ice market is expected to grow at a compound annual growth rate of 18.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Combustible Ice Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Combustible Ice Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Combustible Ice Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Combustible Ice Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Combustible Ice Market Size & Forecast, 2020-2028
4.5.1 Combustible Ice Market Size and Y-o-Y Growth
4.5.2 Combustible Ice Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ocean Generation
5.2.2 Continent Generation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Thermal Excitation Mining
6.2.2 Decompression Mining Method
6.2.3 Chemical Reagent Injection Mining Method
6.2.4 CO2Rreplacement Mining Method
6.2.5 Solid Mining Method
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Combustible Ice Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Combustible Ice Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ocean Generation
9.6.2 Continent Generation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Thermal Excitation Mining
9.10.2 Decompression Mining Method
9.10.3 Chemical Reagent Injection Mining Method
9.10.4 CO2Rreplacement Mining Method
9.10.5 Solid Mining Method
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ocean Generation
10.6.2 Continent Generation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Thermal Excitation Mining
10.10.2 Decompression Mining Method
10.10.3 Chemical Reagent Injection Mining Method
10.10.4 CO2Rreplacement Mining Method
10.10.5 Solid Mining Method
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ocean Generation
11.6.2 Continent Generation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Thermal Excitation Mining
11.10.2 Decompression Mining Method
11.10.3 Chemical Reagent Injection Mining Method
11.10.4 CO2Rreplacement Mining Method
11.10.5 Solid Mining Method
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ocean Generation
12.6.2 Continent Generation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Thermal Excitation Mining
12.10.2 Decompression Mining Method
12.10.3 Chemical Reagent Injection Mining Method
12.10.4 CO2Rreplacement Mining Method
12.10.5 Solid Mining Method
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ocean Generation
13.6.2 Continent Generation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Thermal Excitation Mining
13.10.2 Decompression Mining Method
13.10.3 Chemical Reagent Injection Mining Method
13.10.4 CO2Rreplacement Mining Method
13.10.5 Solid Mining Method
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Combustible Ice Market: Competitive Dashboard
14.2 Global Combustible Ice Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SINOGEO
14.3.2 China Oilfield Services Ltd.
14.3.3 Haimo Technologies Group Corp.
14.3.4 TONG PETROTECH
14.3.5 Guangzhou Development Group Incorporated
14.3.6 SINOPEC OILFIELD EQUIPMENT CORPORATION
14.3.7 China International Marine Containers (Group) Ltd.
14.3.8 Sinopec Oilfield Service Corporation
14.3.9 China National Petroleum Corporation
14.3.10 NISCO
14.3.11 SHANGHAI SHENKAI PETROLEUM & CHEMICAL EQUIPMENT CO.,LTD
