Press release
Anthracite Market Share, Overview, Growth And Forecast 2024-2033
Anthracite Market Share
As per the report, the anthracite market size has grown marginally in recent years. It will grow from $120.7 billion in 2023 to $123.06 billion in 2024 at a compound annual growth rate (CAGR) of 2.0%. The anthracite market size is expected to see steady growth in the next few years. It will grow to $133.28 billion in 2028 at a compound annual growth rate (CAGR) of 2.0%.
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Anthracite Market Surges Amidst Soaring Demand For Domestic Fuel And Power In Rapidly Developing Nations
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. For instance, according to Worldometer data, In June 2022, the current population of China is 1,450,341,718.
Enhancing Safety Measures In Anthracite Mining Rfid Technology And Innovative Support Solutions
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 to track employees' location 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.
The anthracite market covered in this report is segmented -
1) By Type: Standard Grade Anthracite, High Grade Anthracite and Ultra-High Grade Anthracite
2) By Mining Type: Underground Mining, Surface Mining
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Major companies operating in the anthracite market report are Glencore plc, China Shenhua Energy Company Limited, BHP Billiton Plc, Anglo American plc, Yanzhou Coal Mining Company Limited, Coal India Limited, Henan Energy and Chemical Industry Group Co. Ltd., Yancoal Australia Limited, DTEK Energy Plc, Ramaco Resources Inc., Peabody Energy Corporation, Whitehaven Coal Limited, Lehigh Natural Resources Inc., Coronado Global Resources Inc., Mechel PAO, CONSOL Energy Inc., Warrior Met Coal Inc., Siberian Anthracite Company, Arch Resources Inc., Attila Resources Inc., Bathurst Resources Limited, Siberian Coal Energy Company (SUEK), Jeddo Coal Company, Reading Anthracite Inc., Atlantic Coal PLC, XCoal Energy & Resources LLC, Carabella Resources Inc., Cokal Ltd., Blaschak Anthracite, Atrum Coal Limited
Contents of the report:
1. Executive Summary
2. Anthracite Market Report Structure
3. Anthracite Market Trends And Strategies
4. Anthracite Market - Macro Economic Scenario
5. Anthracite Market Size And Growth
…..
27. Anthracite Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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