Press release
Global Industry Analysis Coal Trading Market Forecast - 2023
The phenomenal infrastructural growth across the globe has created a huge demand for energy in several direct and indirect ways. The unprecedented rate of industrialization has also led to a huge need for energy, thereby triggering coal trading activities. An analysis published by Transparency Market Research states that 42% of the overall energy generation can be attributed to coal. Keeping true to this statement, analysts have predicted that coal trading will stand at 10,951 million tons (MT) by 2023. The market, by volume, was 8,086 million tons (MT) in 2014. Between 2015 and 2023 the market is expected to rise at a CAGR of 3.43% in terms of volume.Interpret a Competitive outlook Analysis Report with PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9794
Coal trading is also going to be facilitated by the fact that it is an exceptionally cheap commodity as compared to natural gas and oil. Its deep reserves also make it is a safe raw material for the production of energy. Furthermore, coal is available abundantly, commonly, and requires low-cost logistics, making it the best possible option for meeting the energy demands of the world. The rise in the coal trading activities is also attributable to the score of coal companies expanding their operations in the near future.
Affordability of Lignite makes it a Winning Product Segment
The lignite product segment is anticipated to grow more than the other product segments due to its increasing usage in the iron, power, and steel industries. This growth will be supported by the low cost of production involved in setting up lignite-fired power plants. Furthermore, it also happens to be the most affordable product and has a low calorific value.
The biggest hurdle in the demand for lignite is the transportation challenge due to the high content of moisture present in lignite. However, coal traders are overcoming this obstacle by setting up their power plants close to the mines. With this scenario, the lignite coal product segment is anticipated to expand at 3.04% CAGR in the same forecast period.
coal-trading-market
Changing Infrastructure Scenario of Asia Pacific Keeps Region in Leading Position
Asia Pacific is steering the growth of the coal trading market, fueling its activities with a fast-pace industrialization and a list of ongoing infrastructure projects. Thus, the humungous amount of power required by these elements is largely determining the establishment and expansion of power plants to cater to the electricity demands. The burgeoning economies of China and India are anticipated to keep coal trading activities in top gear due to the ever-increasing population that will demand energy in the coming years.
The players forming the core of the competitive rivalry in the global coal trading market are Arch Coal Inc., PT Adaro Energy Tbk., Coal India Limited, PT Bumi Resources Tbk., Glencore Plc, Siberian Coal Energy Company, China Shenhua Energy Company, BHP Billiton Limited, Anglo American Plc., and , Peabody Energy Corporation. The competition in the overall market is exceptionally stiff due to the presence of a few players. In the coming years, the companies are anticipated to partner with regional players to get easy access to new markets and establish operational stability.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Industry Analysis Coal Trading Market Forecast - 2023 here
News-ID: 427304 • Views: …
More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…

Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…

Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…

Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Coal
Mined Anthracite Coal Market is Set To Fly High in Years to Come | Sadovaya Grou …
Latest Study on Industrial Growth of Mined Anthracite Coal Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Mined Anthracite Coal market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Coal Trading Market Next Big Thing | Major Giants Arch Coal, Adaro Energy, Siber …
AMA introduce new research on Global Coal Trading covering micro level of analysis by competitors and key business segments (2022-2028). The Global Coal Trading explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing.
Ask Free Sample Report PDF @ https://www.advancemarketanalytics.com/sample-report/29442-global-coal-trading-market#utm_source=OpenPRKavita
Some of the…
Underground Coal Gasification (UCG) Underground Coal Gasification (UCG)
The Underground Coal Gasification (UCG) research report is a basic research study which breaks down different market perspectives like market development, obstacles, creation volume, and market patterns. An Analytical view along with the import-export, alongside estimate information from 2021-2026 is included in the market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are…
Steam Coal Market to Set New Growth Story | Peabody Energy, Arch Coal, Blaschak …
Latest released the research study on Global Steam Coal Market, offers a detailed overview of the factors influencing the global business scope. Steam Coal Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Steam Coal. The study covers emerging player’s data, including: competitive…
Mined Anthracite Coal Market to see Booming Worldwide | Atrum Coal, Blaskchak Co …
This study offers a comprehensive, 360 degree analysis on the Mined Anthracite Coal Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Mined Anthracite Coal Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Anthracite coal…
Steam Coal Market By Key Players: Peabody Energy, Siberian Anthracite, Arch Coal …
“Steam Coal” Market research report includes status and outlook of Global and major regions, from angles of players, countries, product types and end industries. This report analyses the top players in global market, and splits market by product type and applications/end industries.
Steam coal, also known as thermal coal, is suitable for electric power production. Steam coal is ground into a fine powder that burns quickly at high heats and is…