Global Coal Mining - Industry Market Research Report

Global Coal Mining - Industry Market Research Report

  • July 2020 •
  • 52 pages •
  • Report ID: 4386942 •
  • Format: PDF
Abstract

Global Coal Mining
Coal plays a vital role in the world’s ability to generate electricity and manufacture steel. Coal’s position in global electricity markets stems from its relative accessibility, affordability and distribution around the globe. Over the past five years, the prices of thermal and coking coal have fluctuated wildly, falling sharply during the first half of the reporting period before beginning to recover over the latter half. Industry revenue has benefited in particular from strong growth in prices in 2017, and continued growth in thermal coal prices in 2018 is projected to lead to revenue growth over that year. Over the five years to 2023, demand for coal is anticipated to decline somewhat, although while many nations in developed and developing economies will continue to shift energy generation toward renewable sources, many will also continue to expand their coal power capabilities. However, slowing demand overall from emerging markets will put downward pressure on the prices of both coking and thermal coal. As a result, Industry revenue is forecast to decline.

The Global Coal Mining industry mines various types of coal. Most coal mines consist of bituminous coal or anthracite, which are types of black coal. Operators may also mine lignite or brown coal. Mining occurs underground and in surface pits. Industry enterprises may also develop coal mine sites and prepare the coal for sale by washing, screening and sizing it.

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.
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