Coal Mining in the US - Industry Market Research Report

Coal Mining in the US - Industry Market Research Report

  • February 2021 •
  • 57 pages •
  • Report ID: 198602 •
  • Format: PDF
No fuel: Slower growth in emerging economies will likely hurt demand

Abstract

Coal Mining in the US
The Coal Mining industry has been volatile over recent years, and revenue is expected to decline at an annualized rate of 4.9% to $29.6 billion over the five years to 2019. The prices of thermal (i.e. steaming) and metallurgical (i.e. coking) coal surged until the end of the prior five-year period. Several factors, including Australian coal re-entering the global market after severe flooding disrupted operations, the emergence of natural gas as a substitute for coal in electricity generation, a slowing Chinese economy and relatively mild winters in the United States have reduced demand for coal and contributed to price volatility over the past five years. The industry is expected to recover slightly over the five years to 2024, as a growing preference for cleaner fuel sources continues to affect demand for industry products. Slower growth in emerging economies will also hurt demand for US metallurgical coal and cause prices to continue to remain volatile.

Operators in this industry mine various types of coal. This often occurs either underground or in surface pits. Most coal mines consist of bituminous coal or anthracite (types of black coal), but companies might also excavate lignite (brown coal). Industry operators also develop coal mine sites and prepare the coal for sale by washing, screening and sizing the material.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.