The global coal bed methane market size was valued at USD 20.94 billion in 2024 and is expected to reach USD 30.86 billion by 2032, at a CAGR of 4.97% during the forecast period
The market growth is largely fuelled by the increasing demand for cleaner energy alternatives, rising natural gas consumption, and advancements in coal bed methane extraction technologies
Growing government initiatives and favorable policies promoting unconventional gas exploration are further supporting market expansion
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