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The global anthracite market is expected to grow from $83.17 billion in 2021 to $87.8 billion in 2022 at a compound annual growth rate (CAGR) of 5.6%. The global anthracite mining market size is expected to grow to $98.97 billion in 2026 at a compound annual growth rate (CAGR) of 3.0%.

The growth in the anthracite mining market is due to an increase in domestic fuel and power generation projects in rapidly developing countries such as China and India, owing to the rise in population and infrastructure.

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The anthracite mining market consists of sales of anthracite by entities (organizations, sole traders, and partnerships) that mine bituminous coal, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. The anthracite mining industry also develops anthracite mine sites and improves anthracite, including cleaning, washing, screening, and sizing of anthracite.

Global Anthracite Market Segments Include:

By Type: Standard Grade Anthracite, High Grade Anthracite and Ultra-High Grade Anthracite

By Mining Type: Underground Mining, Surface Mining

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global anthracite market in 2021.

Anthracite mining companies are using RFID technology to monitor and control the level of methane in mines, which can cause explosions. Every employee is outfitted with an active RFID badge that continuously communicates their location to the RFID readers installed across the site. This information is relayed to the database, allowing us to track employees’ locations and their status by their badge ID. These companies are also using automated temporary roof support (ATRS) and mobile roof support (MRS) solutions to prevent rockfalls caused by the bolting of rocks.

TBRC’s Anthracite Market Report Covers:

Major Market Players: Blaschak, Lehigh Natural Resources, Jeddo, BHP Billiton, and Reading Anthracite Company.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Anthracite Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides anthracite market overviews, analyzes and forecasts market size, share, anthracite market players, anthracite market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s anthracite market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Coal Mining Support Activities Global Market Report 2022

Anthracite Mining Global Market Report 2020

Coal, Lignite, And Anthracite Global Market Report 2022

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