Market Overview:
The global methane market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for methane from various applications such as power generation, automotive fuel, residential, and others. However, the availability of substitutes for methane may restrain the growth of this market during the forecast period. On the basis of type, fermentation is expected to hold a major share in the global methane market during 2018-2030. On account of its benefits such as low emissions and high efficiency levels; gasification is projected to be one of fastest growing segments in terms value during 2018-2030. Regionally, North America dominates the global methane market followed by Europe and Asia Pacific respectively.
Product Definition:
A colorless, odorless gas that is the simplest hydrocarbon and is the main component of natural gas. Methane is used as a fuel and as a feedstock in chemical manufacturing.
Fermentation:
Fermentation is an organic process in which microorganisms convert food substrates into useful products. It has been a vital part of human culture since Neolithic times and continues to play an important role in agriculture, food production, and beverage preparation. Fermentation can be aerobic or anaerobic depending on the substrate (food) being used for conversion as well as the type of microorganism used for conversion.
Gasification:
Gasification is a chemical process which converts solid material into gases and vapors. It's basically done to change solid materials into gases such as carbon dioxide, carbon monoxide, hydrogen, and other elements. The main purpose of gasification is to convert the feedstock (solid) material into useful products (gases). In methane industry it is used for converting organic waste materials such as manure, agricultural waste & sewage sludge or coal mine wastes into clean energy source i.
Application Insights:
Power generation was the leading application segment and accounted for over 50% of total market volume in 2016. Increasing demand for electricity, particularly in countries such as China, India and Brazil is expected to drive the global methane market over the forecast period.
The automotive fuel segment is projected to witness significant growth during the forecast period on account of increasing demand for vehicles fueled with natural gas or gasoline. In addition, stringent government regulations aimed at reducing air pollution are likely to propel industry expansion over the coming years. Residential applications include direct flame combustion boilers used in single housing units as well as multi-story residential buildings where hot water is required for space heating or cooling purposes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand for energy due to rapid industrialization and urbanization, which has led to an increase in power generation activities. China is one of the largest producers of coal methane globally owing to large coal reserves present across the country. However, due to increasing environmental concerns, China has been shifting towards natural gas as an alternative fuel for power generation applications. This will have a positive impact on industry growth over the next eight years.
Europe accounted for 24% of total market share in terms of revenue.
Growth Factors:
- Increasing demand for natural gas as a fuel source: Methane is the primary component of natural gas, and its demand is increasing as a result of its growing use as a fuel source.
- Rising global population: As the world's population continues to grow, so does the need for energy sources to meet their needs. Methane is an efficient and clean-burning fuel that can help meet this demand.
- Stringent environmental regulations: Governments are increasingly implementing stringent environmental regulations that call for reduced emissions of greenhouse gases like methane. This is driving investments in technologies that enable more efficient capture and utilization of methane from various sources.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methane Market Research Report
By Type
Fermentation, Gasification
By Application
Power Generation, Automotive Fuel, Residential, Others
By Companies
Gasrec, CNG Services, Arrow Energy., BG Group, GE(Baker Hughes), Dart Energy, Blue Energy, BP Plc, SGN, VERBIO, Gasrec, Gazasia, Biogas Products, Schmack Carbotech, SoCalGas, ConocoPhillips, China United Coalbed Methane, Encana, Halliburton, Fortune Oil, Metgasco, Origin Energy, Petronas, Nexen
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Methane Market Report Segments:
The global Methane market is segmented on the basis of:
Types
Fermentation, Gasification
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
Power Generation, Automotive Fuel, Residential, Others
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:
- Gasrec
- CNG Services
- Arrow Energy.
- BG Group
- GE(Baker Hughes)
- Dart Energy
- Blue Energy
- BP Plc
- SGN
- VERBIO
- Gasrec
- Gazasia
- Biogas Products
- Schmack Carbotech
- SoCalGas
- ConocoPhillips
- China United Coalbed Methane
- Encana
- Halliburton
- Fortune Oil
- Metgasco
- Origin Energy
- Petronas
- Nexen
Highlights of The Methane 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:
- Fermentation
- Gasification
- By Application:
- Power Generation
- Automotive Fuel
- Residential
- Others
- 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 Methane 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?
Methane is a gas that is composed of one atom of carbon and four atoms of hydrogen. Methane is the simplest form of hydrocarbons, which are molecules made up of only carbon and hydrogen atoms.
Some of the key players operating in the methane market are Gasrec, CNG Services, Arrow Energy., BG Group, GE(Baker Hughes), Dart Energy, Blue Energy, BP Plc, SGN, VERBIO, Gasrec, Gazasia, Biogas Products, Schmack Carbotech, SoCalGas, ConocoPhillips, China United Coalbed Methane, Encana, Halliburton, Fortune Oil, Metgasco, Origin Energy, Petronas, Nexen.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methane 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 Methane Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methane 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 Methane 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 Methane Market Size & Forecast, 2018-2028 4.5.1 Methane Market Size and Y-o-Y Growth 4.5.2 Methane Market Absolute $ Opportunity
Chapter 5 Global Methane 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 Methane Market Size Forecast by Type
5.2.1 Fermentation
5.2.2 Gasification
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Methane 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 Methane Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Automotive Fuel
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methane 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 Methane 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 Methane Analysis and Forecast
9.1 Introduction
9.2 North America Methane 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 Methane Market Size Forecast by Type
9.6.1 Fermentation
9.6.2 Gasification
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 Methane Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Automotive Fuel
9.10.3 Residential
9.10.4 Others
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 Methane Analysis and Forecast
10.1 Introduction
10.2 Europe Methane 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 Methane Market Size Forecast by Type
10.6.1 Fermentation
10.6.2 Gasification
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 Methane Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Automotive Fuel
10.10.3 Residential
10.10.4 Others
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 Methane Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Methane 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 Methane Market Size Forecast by Type
11.6.1 Fermentation
11.6.2 Gasification
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 Methane Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Automotive Fuel
11.10.3 Residential
11.10.4 Others
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 Methane Analysis and Forecast
12.1 Introduction
12.2 Latin America Methane 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 Methane Market Size Forecast by Type
12.6.1 Fermentation
12.6.2 Gasification
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 Methane Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Automotive Fuel
12.10.3 Residential
12.10.4 Others
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) Methane Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Methane 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) Methane Market Size Forecast by Type
13.6.1 Fermentation
13.6.2 Gasification
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) Methane Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Automotive Fuel
13.10.3 Residential
13.10.4 Others
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 Methane Market: Competitive Dashboard
14.2 Global Methane Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gasrec
14.3.2 CNG Services
14.3.3 Arrow Energy.
14.3.4 BG Group
14.3.5 GE(Baker Hughes)
14.3.6 Dart Energy
14.3.7 Blue Energy
14.3.8 BP Plc
14.3.9 SGN
14.3.10 VERBIO
14.3.11 Gasrec
14.3.12 Gazasia
14.3.13 Biogas Products
14.3.14 Schmack Carbotech
14.3.15 SoCalGas
14.3.16 ConocoPhillips
14.3.17 China United Coalbed Methane
14.3.18 Encana
14.3.19 Halliburton
14.3.20 Fortune Oil
14.3.21 Metgasco
14.3.22 Origin Energy
14.3.23 Petronas
14.3.24 Nexen