The global coal bed methane market is expected to reach $17,956 million by 2023 from 9,089 million in 2016, registering a CAGR of 9.0% from 2017 to 2023. Coal bed methane (CBM) is produced in association with coal beds/coal seams. CBM reserves are located wherever large deposits of coal are found. It is formed through organic decomposition and adheres to the many surfaces of the coal until it is released through natural or man-made processes