Methane Market: By Source (Natural, Synthetic), By Application (Fuel, Natural Gas, Liquefied Natural Gas, Liquid-Methane Rocket Fuel, Chemical Feedstock), By End-Use Industry (Automotive, Aerospace & Defense) and Region - Global Forecast till 2023
— Methane Market Key Players:
Some of the key players in the global Methane market are Oil and Natural Gas Corporation (India), Royal Dutch Shell PLC (The Netherlands), Senex Energy Limited(Australia), G3 Exploration (UK), Black Diamond Energy Inc.(US), Halliburton Co. (US), IGas Energy (UK), China National Offshore Oil Company (China), China National Petroleum Corporation (China), Metgasco Ltd. (US), BP PLC (UK) and TLOU Energy Ltd (Australia), Dart Energy Corporation (US), Bow Energy (Canada), American Gas Products (US), among others.
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Methane Market Segmentation:
Global methane market has been segmented based on source, application, end-use industry, and region.
Based on source, global methane market has been segmented into natural and synthetic. Natural segment dominated the global methane market by source in 2018, and it is expected to continue the dominance during the review period. The increasing industrialization and the excessive demand from different end-use industries such as automotive, chemical, and electrical industries have led to the increasing production of methane by synthetic processes.
By application, global methane market has been divided into fuel, natural gas, liquefied natural gas, liquid-methane rocket fuel, chemical feedstock, and others. Natural gas segmented held the largest share by application in 2018. Owing to the extensive use of natural gas for producing electricity as well as fuel, the segment is expected to continue to be the largest shareholder, by application in the global methane market during the review period.
Methane Market Regional Analysis:
Global methane market is analyzed across five regions: Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific held the largest share in the global methane market in 2018. It held 43% share in the market with highest CAGR of 7.7%, owing to the increasing industrialization and growing demand from electrical and chemical industries. North America and Europe occupied the second and the second and third position respectively, based on share in the global methane market. The increasing application of methane as fuel and chemical feedstock have contributed to the growth of the product market in these regions.
Furthermore, Latin America is expected to show moderate growth during the forecast period. The growth in industrialization in this region and the increasing use as fuel and rocket fuel, are attributing to the growth in this region. However, the Middle East & Africa market is projected to show steady growth during this region, owing to the presence of crude oil reserves and petrochemical industries in the region.
Methane Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Methane Market
Methane Market Table of Content to be Continue…….,
Methane Market List of Table:
Table 1 Global Methane Market, By Region, 2016–2023
Table 2 North America: Methane Market, By Country, 2016–2023
Table 3 Europe: Methane Market, By Country, 2016–2023
Table 4 Asia-Pacific: Methane Market, By Country, 2016–2023
Table 5 Middle East & Africa: Methane Market, By Country, 2016–2023
Methane Market List of Table to be Continue…….,
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