The study covers a detailed analysis segmented by key business segments i.e. by type (Lignite (brown coal), SubBituminous, Anthracite, Bituminous and Other (Peat , Graphite)) , by application (Electricity, Industrial, Chemistry, Families and individuals and Other) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Coal market throughout the predicted period.
What is Coal?
Coal is the second-largest energy source worldwide behind petroleum and other liquid covering 30% of global primary energy consumption. It is a form of rock strata, which is predominantly an indigenous fuel. Coal is mostly carbon which constitutes a variable amount of other elements chiefly hydrogen, sulfur, oxygen, and nitrogen. With energy consumption, the Global Coal market is expected to increase by 2.3 % per year during the foretasted year. The demand for coal would be on the rise amid the world’s emphasis on greener energy solutions. According to the International Energy Agency report Asia- Pacific to produce 70% of the world’s coal. Whereas the Global Coal market growth is driven by an increase in both industrial output and electricity use, with 61% of coal used to generate electricity while 18% went mostly for iron and steel production.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Coal market analysis report suggests strategies Manufacturers can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, including:
- Alpha Natural Resources (United States)
- Arch Coal Inc (United States)
- Alliance Resource Partners LP (United States)
- Cloud Peak Energy (United States)
- CONSOL Energy Inc (United States)
- Murray Energy Corp (United States)
- Peabody Energy Corp (United States)
- Revelation Energy LLC/Blackjewel LLC (United States)
- NACCO Industries Inc (United States)
- Westmoreland Coal Company (United States)
- Vistra Energy (United States)
- Coal India Limited (India)
- China Shenhua Energy Company (China)
- Beijing Jingmei Group Co. Ltd (China)
- ChinaCoal (China)
- Mitsubishi Corporation (Japan)
- Anglo American (U.K.)
- Aurizon Holdings Limited (Australia)
- Cloud Peak Energy (United States)
- Jindal Steel & Power (India)
Market Overview:
In Dec 2018, Mitsubishi has signed agreements to sell thermal coal mine. Mitsubishi will sell its 31.4% stake in Clermont coal mine to a joint venture between Glencore and Sumitomo Corp, while it plans to sell its entire 10 % stake in Ulan coal mine to Glencore.
The Mine Safety and Health Act of 1977 sets the guidelines for the action of the Mine and Health Administration. This allows to strengthen and expand the rights of miner and enhance he protection of miner from retaliation for exercising such rights. and The Clean Air Act, a federal law enacted by United States congress to control air pollution on a national level. Environmental Protection Agency (EPA) develop and enforce regulation to protect general public from exposure that are hazardous to human health.
Market Trend
Automation in Coal Mining Industries Leading to Rise in Production
Restraints
- Stringent Government Regulations for Emission Control
- High Transportation and Infrastructure Cost
- Scarcity of Raw Materials Causing Price Hikes of Coal
Opportunities
Growth in Economy and Infrastructure of Emerging Countries and Cutting Down the Production Cost and Emission by Using Innovative Techniques
Key highlights of the Global Coal market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Coal market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Coal market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Coal Manufacturers
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Coal market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Coal market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Regional manufacturers’ associations and general coal associations, Raw material manufacturers, Traders, distributors, and suppliers of coal and Government and regional agencies and research organizations.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.