2022 Coal Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
According to The Business Research Company's coal market report, 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. About 20 countries are turning to coal for power generation, including nine in Africa (Democratic Republic Congo, Egypt, Côte d'Ivoire, Kenya, Morocco, Mozambic, Niger, Senegal and Tanzania), three in Central America (Dominican Republic, Panama, and Salvador), two in the Middle East (the UAE and Jordan) and three in Asia (Bangladesh, Cambodia and Myanmar). By 2025, more than 65 coal-fired power plants could be commissioned in these countries, representing a capacity of 50 GW. Significant increases in coal use are also expected in Vietnam, the Philippines, and Malaysia. Countries such as China, India and Indonesia, where electricity is produced primarily from coal, will significantly reduce the share of coal in their power mix, but not below 35%, due to the abundance of domestic coal reserves and their economic attractiveness. The continued demand for coal in power generation globally and increasing share of coal in power generation in some countries will drive the coal market going forward.
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The coal market is segmented -
• By Type: Bituminous Coal, Sub-Bituminous Coal, Lignite, Anthracite
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the coal market.
Major competitors in the coal market include China Shenhua Energy Company Limited, China Coal Energy Co., Ltd., Coal India Limited, Yanzhou Coal Mining Company Limited, BHP
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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 Table Of Content For The Coal Market Include:
1. Coal Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
30. Coal Market Opportunities And Strategies
31. Coal Market, Conclusions And Recommendations
The Business Research Company's "Global Coal Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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