Global Methane Market Research Report: Forecast (2022-2027)

Methane Market- By Source (Natural, Synthetic), By Type (Gasification, Fermentation), By Applications (Fuel, Natural Gas, Liquefied Natural Gas, Chemical Feedstock, Rocket Fuel, Power Generation, Resi... ... wer Generation, Residential, Others), By End-Users (Automotive, Aerospace & Defence, Electrical, Chemical) and other Read more

  • Energy
  • Aug 2022
  • 200
  • PDF, Excel, PPT

Market Definition

Methane is an odorless & colorless, highly flammable gas produced in nature in abundance & is also a product of certain human activities like landfills, septic tanks, sewers, marshes, and others. This element comprises carbon & hydrogen and finds extensive application across different industries for the following purposes:

  • Residential uses like cooking
  • Illumination
  • Running industrial machinery
  • Producing carbon black
  • As a Fertilizing ingredient
  • As a liquefied rocket fuel, among many others.

Market Insights

The Global Methane Market is anticipated to expand at around 5.8% CAGR during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven by the swift expansion of industries like electronics, automotive, and aerospace, among others, across different countries worldwide, i.e., surging the demand for methane for diverse applications, associated mainly with producing heat & light. 

Besides, as the population across the world is growing exponentially, the agricultural sector is under immense pressure to fulfill the consumption requirements. Hence, with the need to attain higher yield and quicker soil replenishment, there's a burgeoning demand for methane as a natural source for ammonia & urea in fertilizers, i.e., contributing to the market growth. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-27) 5.8%
Regions Covered North America: USA, Canada, Mexico
Europe: The UK, Germany, France, Italy, Spain, Rest of Europe
Asia-Pacific: China, India, Japan, Australia, Rest of Asia-Pacific
South America: Brazil, Rest of South America
Middle East & Africa: GCC, South Africa, Rest of Middle East & Africa
Key Companies Profiled American Gas Products, Black Diamond Energy Inc., Bow Energy, BP PLC, China National Offshore Oil Company, China National Petroleum Corporation, Dart Energy Corporation, G3 Exploration, Halliburton Co., IGas Energy, Metgasco Ltd., Oil and Natural Gas Corporation, Royal Dutch Shell PLC, Senex Energy Limited, TLOU Energy Ltd, and Others
Unit Denominations USD Million/Billion

 

In addition, as people are inclining more & more toward convenience and demonstrating rising ownership of electrical appliances, energy consumption is also skyrocketing and, in turn, instigating the demand for methane to generate electricity and suffice the power requirements. Moreover, as methane is a potent gas for Green House Gas (GHG) emissions, numerous organizations, industries, & governments are actively seeking ways to reduce the effects of these compounds on the environment. 

By upgrading the technologies, equipment, and operational practices, the adverse effects of methane can be reduced cost-effectively and continue to deliver benefits across industries in different applications. Across the coal & mining industries, removing fugitive methane from mines can enhance the productivity & safety of workers, increase revenue, and even curb harmful emissions. 

In support of such ideas, numerous countries, committees, associations, & industrialists are collaborating to devise strategic means to remove barriers to methane utilization, which projects an improved overall quality of the environment and significant expansion of the Global Methane Market in the years ahead. 

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Global Methane Market Porters Analysis
  4. Global Methane Market Regulations & Policy
  5. Global Methane Market Trends & Insights
  6. Global Methane Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Methane Market Hotspots & Opportunities
  8. Global Methane Market Strategic Investments
    1. Third Party Investments
      1. Purpose of Investment
      2. Investment Amount
      3. Target Result
    2. Investments for Self Consumption
  9. Global Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Analysis
      1. By Source
        1. Natural
        2. Synthetic
      2. By Type
        1. Gasification
        2. Fermentation
      3. By Applications
        1. Fuel
        2. Natural Gas
        3. Liquefied Natural Gas
        4. Chemical Feedstock
        5. Rocket Fuel
        6. Power Generation
        7. Residential
        8. Others (Pulp & Paper, Rubber & Plastics, etc.)
      4. By End-Users
        1. Automotive
        2. Aerospace & Defence
        3. Electrical
        4. Chemical
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      6. By Competitors
        1. Market Revenues
        2. Competition Characteristics
  10. North America Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Application
      4. By End-User
      5. By Country
        1. The US
        2. Canada
        3. Mexico
  11. South America Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Application
      4. By End-User
      5. By Country
        1. Brazil
        2. Rest of South America
  12. Europe Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Application
      4. By End-User
      5. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
  13. Middle East & Africa Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Application
      4. By End-User
      5. By Country
        1. GCC
        2. South Africa
        3. Rest of Middle East & Africa
  14. Asia-Pacific Methane Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume
    2. Market Share & Analysis
      1. By Source
      2. By Type
      3. By Application
      4. By End-User
      5. By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia-Pacific
  15. Global Methane Market Key Strategic Imperatives for Success and Growth
  16. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. American Gas Products
      2. Black Diamond Energy Inc.
      3. Bow Energy
      4. BP PLC
      5. China National Offshore Oil Company
      6. China National Petroleum Corporation
      7. Dart Energy Corporation
      8. G3 Exploration
      9. Halliburton Co.
      10. IGas Energy
      11. Metgasco Ltd.
      12. Oil and Natural Gas Corporation
      13. Royal Dutch Shell PLC
      14. Senex Energy Limited
      15. TLOU Energy Ltd
      16. Others
  17. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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