The global methane hydrate market is set to register 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 liquified natural gas (LNG) supplies across the world would further hasten the demand for methane hydrates.
The Important Factors of the Global Methane Hydrate Market
Methane hydrates, or “flammable ice” are identified as vast reservoirs of natural gas with potential applications in various industries such as transportation, power generation, etc. The cleaner-burning gas from hydrates would escalate the coal-to-gas shift across China and India as exhibited by cheaper shale gas in the United States. Various nations including the US, Canada, Japan, and India have launched vigorous research programs to discover viable technologies for harnessing energy from methane hydrates.
Additionally, the rise in investments in the process of extraction and government initiatives to accelerate the extraction process are some of the factors boosting the market growth. Moreover, the deployment of technologically advanced extraction methods and increased R&D operations are expected to propel the growth of the global methane hydrate market in the coming years.
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 the 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 to the increasing exploration activities by the market players in the region.
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The 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 – 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) |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global methane hydrate market is segmented into the following categories in addition to the industry trends which have also been detailed below:
- Methane Hydrate Market, by Origin:
- Seabed
- Permafrost
- Others
- Methane Hydrate Market, by Application:
- Vehicle
- Commercial
- Industrial
- Others
- Methane Hydrate Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Rest of APAC
- North America
- U. S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Iran
- South Africa
- South America
- Brazil
- Colombia
- Argentina
- Rest of South America
- Asia-Pacific
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.
Company Profiles: Detailed analysis of the major companies present in the global methane hydrate market.
Table of Content
Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- Global Methane Hydrate Market Outlook
5.1. Demand & Supply Analysis
5.2. Market Size & Forecast
5.2.1.By Value
5.2.2.By Volume
5.3. Market Share & Forecast
5.3.1.By Origin (Seabed, Permafrost and Others)
5.3.2.By Application (Vehicle, Commercial, Industrial and Others)
5.3.3.By Region (APAC, North America, Europe, MEA and South America)
5.3.4.By Company
- Global Methane Hydrate Market Regional Analysis
6.1.1. Asia Pacific Methane Hydrate Market Outlook
6.1.1.1. Market Size & Forecast
6.1.1.1.1. By Value
6.1.1.1.2. By Volume
6.1.1.2. Market Share & Forecast
6.1.1.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.1.2.2. By Country
6.1.1.2.2.1. China Methane Hydrate Market Outlook
6.1.1.2.2.1.1. Market Size & Forecast
6.1.1.2.2.1.1.1. By Value
6.1.1.2.2.1.1.2. By Volume
6.1.1.2.2.1.2. Market Share & Forecast
6.1.1.2.2.1.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.1.2.2.2. India Methane Hydrate Market Outlook
6.1.1.2.2.2.1. Market Size & Forecast
6.1.1.2.2.2.1.1. By Value
6.1.1.2.2.2.1.2. By Volume
6.1.1.2.2.2.2. Market Share & Forecast
6.1.1.2.2.2.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.1.2.2.3. Japan Methane Hydrate Market Outlook
6.1.1.2.2.3.1. Market Size & Forecast
6.1.1.2.2.3.1.1. By Value
6.1.1.2.2.3.1.2. By Volume
6.1.1.2.2.3.2. Market Share & Forecast
6.1.1.2.2.3.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.1.2.2.4. South Korea Methane Hydrate Market Outlook
6.1.1.2.2.4.1. Market Size & Forecast
6.1.1.2.2.4.1.1. By Value
6.1.1.2.2.4.1.2. By Volume
6.1.1.2.2.4.2. Market Share & Forecast
6.1.1.2.2.4.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.1.2.2.5. Indonesia Methane Hydrate Market Outlook
6.1.1.2.2.5.1. Market Size & Forecast
6.1.1.2.2.5.1.1. By Value
6.1.1.2.2.5.1.2. By Volume
6.1.1.2.2.5.2. Market Share & Forecast
6.1.1.2.2.5.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.2. North America Methane Hydrate Market Outlook
6.1.2.1. Market Size & Forecast
6.1.2.1.1. By Value
6.1.2.1.2. By Volume
6.1.2.2. Market Share & Forecast
6.1.2.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.2.2.2. By Country
6.1.2.2.2.1. United States Methane Hydrate Market Outlook
6.1.2.2.2.1.1. Market Size & Forecast
6.1.2.2.2.1.1.1. By Value
6.1.2.2.2.1.1.2. By Volume
6.1.2.2.2.1.2. Market Share & Forecast
6.1.2.2.2.1.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.2.2.2.2. Canada Methane Hydrate Market Outlook
6.1.2.2.2.2.1. Market Size & Forecast
6.1.2.2.2.2.1.1. By Value
6.1.2.2.2.2.1.2. By Volume
6.1.2.2.2.2.2. Market Share & Forecast
6.1.2.2.2.2.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.2.2.2.3. Mexico Methane Hydrate Market Outlook
6.1.2.2.2.3.1. Market Size & Forecast
6.1.2.2.2.3.1.1. By Value
6.1.2.2.2.3.1.2. By Volume
6.1.2.2.2.3.2. Market Share & Forecast
6.1.2.2.2.3.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3. Europe Methane Hydrate Market Outlook
6.1.3.1. Market Size & Forecast
6.1.3.1.1. By Value
6.1.3.1.2. By Volume
6.1.3.2. Market Share & Forecast
6.1.3.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3.2.2. By Country
6.1.3.2.2.1. Germany Methane Hydrate Market Outlook
6.1.3.2.2.1.1. Market Size & Forecast
6.1.3.2.2.1.1.1. By Value
6.1.3.2.2.1.1.2. By Volume
6.1.3.2.2.1.2. Market Share & Forecast
6.1.3.2.2.1.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3.2.2.2. France Methane Hydrate Market Outlook
6.1.3.2.2.2.1. Market Size & Forecast
6.1.3.2.2.2.1.1. By Value
6.1.3.2.2.2.1.2. By Volume
6.1.3.2.2.2.2. Market Share & Forecast
6.1.3.2.2.2.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3.2.2.3. Italy Methane Hydrate Market Outlook
6.1.3.2.2.3.1. Market Size & Forecast
6.1.3.2.2.3.1.1. By Value
6.1.3.2.2.3.1.2. By Volume
6.1.3.2.2.3.2. Market Share & Forecast
6.1.3.2.2.3.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3.2.2.4. Spain Methane Hydrate Market Outlook
6.1.3.2.2.4.1. Market Size & Forecast
6.1.3.2.2.4.1.1. By Value
6.1.3.2.2.4.1.2. By Volume
6.1.3.2.2.4.2. Market Share & Forecast
6.1.3.2.2.4.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.3.2.2.5. UK Methane Hydrate Market Outlook
6.1.3.2.2.5.1. Market Size & Forecast
6.1.3.2.2.5.1.1. By Value
6.1.3.2.2.5.1.2. By Volume
6.1.3.2.2.5.2. Market Share & Forecast
6.1.3.2.2.5.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.4. Middle East & Africa Methane Hydrate Market Outlook
6.1.4.1. Market Size & Forecast
6.1.4.1.1. By Value
6.1.4.1.2. By Volume
6.1.4.2. Market Share & Forecast
6.1.4.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.4.2.2. By Country
6.1.4.2.2.1. Saudi Arabia Methane Hydrate Market Outlook
6.1.4.2.2.1.1. Market Size & Forecast
6.1.4.2.2.1.1.1. By Value
6.1.4.2.2.1.1.2. By Volume
6.1.4.2.2.1.2. Market Share & Forecast
6.1.4.2.2.1.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.4.2.2.2. UAE Methane Hydrate Market Outlook
6.1.4.2.2.2.1. Market Size & Forecast
6.1.4.2.2.2.1.1. By Value
6.1.4.2.2.2.1.2. By Volume
6.1.4.2.2.2.2. Market Share & Forecast
6.1.4.2.2.2.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.4.2.2.3. Iran Methane Hydrate Market Outlook
6.1.4.2.2.3.1. Market Size & Forecast
6.1.4.2.2.3.1.1. By Value
6.1.4.2.2.3.1.2. By Volume
6.1.4.2.2.3.2. Market Share & Forecast
6.1.4.2.2.3.2.1. By Application (Vehicle, Commercial, Industrial, and Others)
6.1.4.2.2.4. South Africa Methane Hydrate Market Outlook
6.1.4.2.2.4.1. Market Size & Forecast
6.1.4.2.2.4.1.1. By Value
6.1.4.2.2.4.1.2. By Volume
6.1.4.2.2.4.2. Market Share & Forecast
6.1.4.2.2.4.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.5. South America Methane Hydrate Market Outlook
6.1.5.1. Market Size & Forecast
6.1.5.1.1. By Value
6.1.5.1.2. By Volume
6.1.5.2. Market Share & Forecast
6.1.5.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.5.2.2. By Country
6.1.5.2.2.1. Brazil Methane Hydrate Market Outlook
6.1.5.2.2.1.1. Market Size & Forecast
6.1.5.2.2.1.1.1. By Value
6.1.5.2.2.1.1.2. By Volume
6.1.5.2.2.1.2. Market Share & Forecast
6.1.5.2.2.1.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.5.2.2.2. Argentina Methane Hydrate Market Outlook
6.1.5.2.2.2.1. Market Size & Forecast
6.1.5.2.2.2.1.1. By Value
6.1.5.2.2.2.1.2. By Volume
6.1.5.2.2.2.2. Market Share & Forecast
6.1.5.2.2.2.2.1. By Application (Vehicle, Commercial, Industrial and Others)
6.1.5.2.2.3. Colombia Methane Hydrate Market Outlook
6.1.5.2.2.3.1. Market Size & Forecast
6.1.5.2.2.3.1.1. By Value
6.1.5.2.2.3.1.2. By Volume
6.1.5.2.2.3.2. Market Share & Forecast
6.1.5.2.2.3.2.1. By Application (Vehicle, Commercial, Industrial and Others)