What is Coking Coal?
Coking coal, also known as metallurgical coal,is used to create coke which is one of the key inputs in production of steel. The demand for higher quality coking coals are increasing owing to stringent environmental norms as they produce less emission compared to low quality coal. Owing to growing applications of coking coals across industries, the market is expected to see significant rise with intermittent downfall.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Coal India Limited [India], China Shenhua Energy Company [China], Peabody Energy [United States], Beijing Jingmei Group Co. Ltd [China], China Coal [China], Arch Coal, Inc. [United States], Anglo American [United Kingdom], RWE AG [Germany], BHP Billiton [Australia], Alpha Natural Resources [ United States], Cloud Peak Energy [United States], Datong Coal Industry Company Limited [China], PT Adaro Energy, Tbk [Indonesia], Yanzhou Coal Mining Company Limited [China] and Murray Energy Corporation [United States] |
The study covers a detailed analysis segmented by key business segments i.e. by type (Hard Coking Coals (HCC), Medium Coking Coal, Semi-soft Coking Coal (SSCC) and Pulverized Coal Injection (PCI) Coal) , by application (Metallurgy, Power Industry, Train, Chemical and Others) and major geographies. Research Analyst at AMA predicts that Chinese Manufacturers will contribute to the maximum growth of Global Coking Coal market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the 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 Coking Coal market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Coal India Limited [India], China Shenhua Energy Company [China], Peabody Energy [United States], Beijing Jingmei Group Co. Ltd [China], China Coal [China], Arch Coal, Inc. [United States], Anglo American [United Kingdom], RWE AG [Germany], BHP Billiton [Australia], Alpha Natural Resources [ United States], Cloud Peak Energy [United States], Datong Coal Industry Company Limited [China], PT Adaro Energy, Tbk [Indonesia], Yanzhou Coal Mining Company Limited [China] and Murray Energy Corporation [United States].
Influencing Trend:
Fluctuating Demand of Coking Coal in Global Market and Automation in Coke Producing Industries
Market Growth Drivers:
Rising Demand and Production of Steel and Growing Infrastructural Development
Challenges:
Environmental Concerns Owing to Coking Coal production and High Cost in Mining of Coal
Restraints:
High Transportation and Infrastructure Cost and Volatility in Prices of Coking Coal
Opportunities:
Cutting Down the Cost by Using Innovative Technique and Growth in Economy of Emerging Countries
Key highlights of the Global Coking Coal market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Coking Coal market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Coking 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 Coking Coal Manufacturers
Transformation and Important Triggers:
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 Coking 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, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Coking Coal market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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 Coking Coal Manufacturers, Coking Coal Distributors/Traders/Wholesalers, Coking Coal Subcomponent Manufacturers, Industry Association, Downstream Vendors, Potential Investors, Government Agencies, Research Institutes and Others.
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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.