Methane Market Industry Analysis, Future Demand Projections, and Forecasts Until 2027
The Methane market is projected to grow at a CAGR of around 5.8% during the forecast period, i.e., 2022-27.
Key Findings of the Study: Methane Market
Growth Opportunity: The advent of Shale Gas Technology
As controversies on methane gas utilization have brought challenges for different industries to attain its benefits, the leading players in the Global Methane Market are seeking alternatives like shale gas technology and, consequently, generating remunerative prospects for the industry. It would aid the production & processing of petrochemicals, where methane can be used as a natural gas in the heating & electrical sectors.
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Scope of the Report and Methane Market Segmentation
By Source
-Natural
-Synthetic
By Type
-Gasification
-Fermentation
By Applications
-Fuel
-Natural Gas
-Liquefied Natural Gas
-Chemical Feedstock
-Rocket Fuel
-Power Generation
-Residential
-Others (Pulp & Paper, Rubber & Plastics, etc.)
- the Fuel application is anticipated to demonstrate the fastest growth in the Global Methane Market during 2022-27.
By End-Users
-Automotive
-Aerospace & Defence
-Electrical
-Chemical
Top leading companies in the Methane Market includes:
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
For more detailed information about the Methane market report, click here – https://www.marknteladvisors.com/research-library/methane-market.html
Geographical analysis:
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
- Asia-Pacific is anticipated to dominate the Methane Market with the largest share during 2022-27.
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