Global Methane Hydrate Extraction Market Size, Status and Forecast 2019-2025

Methane clathrate (CH4·5.75H2O) or (4CH4·23H2O), 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.
Methane clathrate (CH4·5.75H2O) or (4CH4·23H2O), 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.
In 2018, the global Methane Hydrate Extraction market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Methane Hydrate Extraction status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Methane Hydrate Extraction development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study
Anadarko Petroleum Corporation
Schlumberger Limited
BP p.l.c.
ConocoPhillips
EQUINOR ASA
PetroChina Company Limited
Japan Petroleum Exploration Co., Ltd.
INPEX Corporation
Oil & Natural Gas Corporation
Indian Oil Corporation Ltd.

Market segment by Type, the product can be split into
Microbially
Organic Material
Others

Market segment by Application, split into
Business
National Defense
Civil Use
Others

Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Methane Hydrate Extraction status, future forecast, growth opportunity, key market and key players.
To present the Methane Hydrate Extraction development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Methane Hydrate Extraction are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.