Methane Hydrate Extraction Market 2020 Size, Share, Trends & Forecast By 2025

in methane •  4 years ago 

The Global Methane Hydrate Extraction Market 2020-2025 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The methane hydrate extraction market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. In addition, it magnifies the opportunity for decision-making and helps create an efficient counter-strategy to achieve a competitive advantage. The report provides up-to-date review of the current global market scenario, the latest developments and drivers, and the overall market environment is given in the study.

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The Following are the Key Features of Global EPA and DHA Methane Hydrate Extraction Market Report:

Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2025
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Methane Hydrate Extraction Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Methane hydrate is an ice cage like structure in which methane gas is trapped. As per the estimates by the United States Geological Survey (USGS), one cubic meter of methane hydrate may contain 164 cubic meter of natural gas. Therefore, it is considered as a future source of energy. Methane hydrate is formed under seabed and is formed under high pressure and low temperature conditions. During the process of methane hydrate extraction, the hydrate ice cubes dissociate, pressure is decreased and methane gas from hydrate escapes, which can be risky.

The commercialization of methane hydrate is under process; and therefore, the methane hydrate extraction market is studied based on the successful extraction undertaken. As per the USGS, as of 2018 the overall available methane hydrate reserves include 20,000 trillion cubic meters of the reserves. If these reserves can be harvested efficiently, they could meet the global energy requirements for the coming 1,000 years. In 2017, China and Japan have successfully extracted methane hydrate from seabed after couple of tests conducted from 2012. China and Japan have respectively extracted 430 and 260 thousand cubic meter methane hydrate in 2017; although these countries are far away from the industrial scale production.

The geographic segmentation of the studied market covers various regions such as North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).

Some of the key players profiled include:

The major key players operating in the methane hydrate extraction market include Anadarko Petroleum Corporation, Schlumberger, BP plc., ConocoPhilips, EQUINOR ASA, PetroChina, Japan Petroleum Exploration Company Limited (JAPEX), INPEX Corporation, Oil and Natural Gas Corporation (ONGC), and Indian Oil Corporation Ltd. (IOCL).

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Report Scope:

The report defines market characteristics and explains the market.
The market size section provides the market size that covers historical growth of the studied market and forecast to 2025.
Evaluation of regional and country breakdowns that provides an overview of the market in each region, the market size, and compares their historical and projected growth.
A summary of the competitive dynamics of the market, market shares, and an overview of the leading companies. Key financial deals are listed that have dominated the market in recent years.
Analysis of trends and strategies along with the suggestions for the growth of the industry.
Reasons to purchase the report:

Identify possible investment areas based on a comprehensive trend analysis of the global methane hydrate extraction market over the next few years.
Gain in-depth knowledge of the underlying factors that drive demand for methane hydrate extraction and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
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Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global methane hydrate extraction market.
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