About Coal Trading
Coal is the most broadly available fossil fuel resources and forms the support of world's electricity supply. Coal is the basic component in production of iron, steel and cement which is a vital material in building sustainable societies. Consumption of coal is high in power industry. The demand for coal is presently trapped because of growing pollution levels and the increasing attractiveness of the renewable sources of energy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competition in the overall market is extremely stiff due to the presence of a few players. The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and Switzerland Manufacturers will contribute the maximum growth to Global Coal Trading market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arch Coal Inc. (United States), Adaro Energy (Indonesia), Coal India Limited (India), Bumi Resources Tbk. (Indonesia), Glencore Plc (Switzerland), Siberian Coal Energy Company (Russia), China Shenhua Energy (China), BHP Billiton Limited (Australia), Peabody Energy Corporation (United States), Mercuria Energy Group (Switzerland), Macquarie Group (Australia), Glencore (Switzerland) and SouthGobi Resources Limited (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Coal Trading market by Type (Lignite, Sub-Bituminous, Bituminous and Anthracite), Application (Power, Iron and Steel and Cement) and Region.
On the basis of geography, the market of Coal Trading has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Coal Rock Types, the sub-segment i.e. Vitrain will boost the Coal Trading market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Population Demand for More Power and Infrastructure
Market Growth Drivers:
Increasing Usage in the Iron, Power and Steel Industries and Increasing Awareness about Clean Coal Technology
Challenges:
Cause Greenhouse Gas Emissions
Restraints:
High Content of Moisture Present in Lignite and Emission of Harmful Substances
Opportunities:
Fast-Pace Industrialization in Emerging Economies and Exponential Rise in the Global Population
Market Leaders and their expansionary development strategies
Dec. 3, 2018: Peabody (NYSE: BTU) announced today that it has completed its purchase of the Shoal Creek seaborne metallurgical coal mine from private coal producer Drummond Company, Inc. Shoal Creek purchase represents a tremendous step in Peabody's commitment to upgrade our seaborne metallurgical coal portfolio and target the highly attractive seaborne demand centers.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.