The Global Coal Market Report by The Business Research Company covers coal market drivers and restraints, coal market size, major players, and the impact of COVID-19 on the coal market.
The coal market consists of sales of bituminous and sub-bituminous coal, lignite and anthracite coal by entities (organizations, sole traders and partnerships) that mine bituminous coal, sub-bituminous coal, lignite and anthracite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. Companies in the coal industry are also involved in the development of coal mine sites, and improvement of coal, including cleaning, washing, screening and sizing of coal.
The global coal market reached a value of nearly $1,028.3 billion in 2020, having increased at a compound annual growth rate (CAGR) of 5.8% since 2015. The market is expected to grow from $1,028.3 billion in 2020 to $1,438.5 billion in 2025 at a rate of 6.9%. The coal market is then expected to grow at a CAGR of 5.2% from 2025 and reach $1,851.8 billion in 2030.
The increasing share of coal in power generation in some countries is expected to drive the coal market.
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Some coal market trends include using autonomous mining vehicles and mobile equipment management systems with capabilities for fleet tracking, proximity detection, and remote machine operation to enhance productivity. Moreover, coal mining companies are using 3D mine visualizers to obtain a real-time digital model of a mine. A 3D mine visualizer generates a three-dimensional model of the mine layout and transfers it directly to the operator. With a web-based interface, information about the model is available with any connected device. It offers full record and playback capabilities in 3D allowing operators to review and analyze historical data to improve productivity and identify best practices. 3D mine visualizers significantly enhance the productivity of large mining environments. It is a valuable tool in operations planning, analyzing problematic areas and tracking mine development over time.
Global coal market segments include:
1) By Type: Bituminous Coal, Sub-Bituminous Coal, Lignite, Anthracite
2) By End-User Industry: Electricity, Steel, Cement, Others
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Coal Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides coal market overviews, analyzes and forecasts market size, share, coal market players, coal market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The coal identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Coal Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: China Shenhua Energy Company Limited, China Coal Energy Co., Ltd., Coal India Limited, Yanzhou Coal Mining Company Limited, BHP
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Coal Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Coal Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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