Methane Hydrate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Origin (Seabed, Permafrost and Others), By Application (Vehicle, Commercial, Industrial and Others), By Region (Asia-Pacific, North America, Europe, Middle East & Africa and South America)

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Methane Hydrate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Origin (Seabed, Permafrost and Others), By Application (Vehicle, Commercial, Industrial and Others), By Region (Asia-Pacific, North America, Europe, Middle East & Africa and South America)

Global methane hydrate market is set to register a robust growth over the coming years, 2023-2027. The market growth can be attributed to the rising global demand for energy. Additionally, the agile growth in the liquified natural gas (LNG) supplies across the world would further hasten the demand for methane hydrates.

The global methane hydrate market is segmented on the basis of origin, application, and region. Based on origin, the market is divided into seabed, permafrost, and others. The seabed segment is expected to register the highest growth in the forecast period, owing to their greater availability on sea floor. Based on application, the market is segmented on the basis of vehicle, commercial, industrial and others. Geographically, the APAC segment is expected to hold the largest share, owing the increasing exploration activities by the market players in the region.

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Global methane hydrate market is controlled by these major players, namely– PetroChina Company Limited (China), Japan Oil, Gas and Metals National Corporation (Japan), Statoil ASA (Norway), Anadarko Petroleum Corporation (US), ConocoPhillips Corporation (US), BP P.L.C. (UK), Chevron Corporation (US), etc.

Attribute

Details

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Origin

·         By Application

Region scope

Asia Pacific; Europe; North America; South America; Middle East & Africa

Country scope

China, India, Japan, South Korea, Indonesia, Rest of APAC, U. S., Canada, Mexico, Rest of North America, Germany, U.K., France, Italy, Spain, Rest of Europe, Saudi Arabia, UAE, Iran, South Africa, Brazil, Colombia, Argentina, Rest of South America

Key companies profiled

PetroChina Company Limited (China), Japan Oil, Gas and Metals National Corporation (Japan), Statoil ASA (Norway), Anadarko Petroleum Corporation (US), ConocoPhillips Corporation (US), BP P.L.C. (UK), Chevron Corporation (US)

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