Coal Bed Methane Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Coal Bed Methane Market size is predicted to reach USD 37.57 billion with a CAGR of 6.4% till 2030.

Coal bed methane (CBM) is a form of natural gas which is recovered from coal seams or coal deposits. This gas is also known as marsh gas or sweet gas as it does not contain any hydrogen sulphide. It is usually formed during the natural conversion of plant material into coal by the process of coalification. 

However, huge capital investment and environmental concerns such as change in the level of groundwater, changes in land as well as surface water are factors that are expected to restrain the growth of market during the forecast period.

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