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Methane clathrate (CH45.75H2O) or (4CH423H2O), also called methane hydrate, hydromethane, methane ice, fire ice, natural gas hydrate, or gas hydrate, is a solid clathrate compound (more specifically, a clathrate hydrate) in which a large amount of methane is trapped within a crystal structure of water, forming a solid similar to ice.
Scope of the Report:
Methane clathrate (CH45.75H2O) or (4CH423H2O), also called methane hydrate, hydromethane, methane ice, fire ice, natural gas hydrate, or gas hydrate, is a solid clathrate compound (more specifically, a clathrate hydrate) in which a large amount of methane is trapped within a crystal structure of water, forming a solid similar to ice.The methane hydrate extraction market is at a nascent stage as their extraction process is not yet commercialized. Some of the factors expected to drive the growth of this market include greater availability, rise in investments for the process of extraction, and several government initiatives to accelerate the extraction process to meet the growth in demand for energy. Methane hydrate releases larger amount of natural gas, which is expected to be used as a future source of energy. Countries such as China and Japan have already successfully extracted methane hydrate after conducting two tests.
The global Methane Hydrate Extraction market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Methane Hydrate Extraction.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Methane Hydrate Extraction market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Methane Hydrate Extraction market by product type and applications/end industries.
Market Segment by Companies, this report covers
- Anadarko Petroleum Corporation
- Schlumberger Limited
- BP p.l.c.
- EQUINOR ASA
- PetroChina Company Limited
- Japan Petroleum Exploration Co., Ltd.
- INPEX Corporation
- Oil & Natural Gas Corporation
- Indian Oil Corporation Ltd.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Organic Material
Market Segment by Applications, can be divided into
- National Defense
- Civil Use