Canada Coal Bed Methane Market Size & Outlook, 2019-2027

The coal bed methane market in Canada is expected to reach a projected revenue of US$ 1,768.0 million by 2027. A compound annual growth rate of 3.4% is expected of Canada coal bed methane market from 2020 to 2027.
Revenue, 2019 (US$M)
$1,353.1
Forecast, 2027 (US$M)
$1,768.0
CAGR, 2020 - 2027
3.4%
Report Coverage
Canada

Canada coal bed methane market highlights

  • The Canada coal bed methane market generated a revenue of USD 1,353.1 million in 2019 and is expected to reach USD 1,768.0 million by 2027.
  • The Canada market is expected to grow at a CAGR of 3.4% from 2020 to 2027.
  • In terms of segment, industrial was the largest revenue generating application in 2019.
  • Industrial is the most lucrative application segment registering the fastest growth during the forecast period.

Coal bed methane market data book summary

Market revenue in 2019USD 1,353.1 million
Market revenue in 2027USD 1,768.0 million
Growth rate3.4% (CAGR from 2019 to 2027)
Largest segmentIndustrial
Fastest growing segmentIndustrial
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationIndustrial, Power Generation, Residential, Commercial, Transportation
Key market players worldwideReliance Industries Ltd GDR - 144A, Shell PLC, PetroChina Co Ltd Class H, GE Aerospace, ConocoPhillips, Halliburton Co, BP PLC, Exxon Mobil Corp, Great Eastern Energy Corporation, Gazprom, Essar Group, Petroliam Nasional Berhad, G3 Exploration

Other key industry trends

  • In terms of revenue, Canada accounted for 8.5% of the global coal bed methane market in 2019.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. coal bed methane market is projected to lead the regional market in terms of revenue in 2027.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 277.8 million by 2027.

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Coal Bed Methane Market Companies

Name Profile # Employees HQ Website

Canada coal bed methane market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coal bed methane market will help companies and investors design strategic landscapes.


Industrial was the largest segment with a revenue share of 42.47% in 2019. Horizon Databook has segmented the Canada coal bed methane market based on industrial, power generation, residential, commercial, transportation covering the revenue growth of each sub-segment from 2016 to 2027.


  • Canada Coal Bed Methane Application Outlook (Revenue, USD Million, 2016-2027)
    • Industrial
    • Power Generation
    • Residential
    • Commercial
    • Transportation

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada coal bed methane market , including forecasts for subscribers. This country databook contains high-level insights into Canada coal bed methane market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Canada coal bed methane market size, by application, 2016-2027 (US$M)

Canada Coal Bed Methane Market Outlook Share, 2019 & 2027 (US$M)

Canada coal bed methane market size, by application, 2016-2027 (US$M)

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