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Global Coal, Lignite, and Anthracite Market Report 2021-2030: Increasing Share of Coal in Power Generation to Drive the Market

Dublin, March 16, 2021 (GLOBE NEWSWIRE) -- The "Coal, Lignite, And Anthracite Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

The global coal, lignite, and anthracite market is expected to grow from $1028.32 billion in 2020 to $1151.8 billion in 2021 at a compound annual growth rate (CAGR) of 12%.

Major companies in the coal, lignite, and anthracite market include Coal India Limited; ShenHua Group; BHP Billiton Ltd; China Coal Energy Co Ltd and Anglo American plc.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1438.49 billion in 2025 at a CAGR of 6%.

The coal, lignite, and anthracite market consists of sales of coal, lignite, and anthracite by entities (organizations, sole traders and partnerships) that mine bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening, and sizing of coal. The coal, lignite, and anthracite market is segmented into coal; lignite and anthracite.

Asia Pacific was the largest region in the global coal, lignite, and anthracite market, accounting for 80% of the market in 2020. North America was the second largest region accounting for 7% of the global coal, lignite, and anthracite market. South America was the smallest region in the global coal, lignite, and anthracite market.

Coal mining companies are using 3D mine visualizers to obtain a real-time digital model of a mine. With a web-based interface, information about the model is available with any connected device. It offers full record and playback capabilities in 3D thus allowing operators to review and analyze historical data in order to improve productivity and identify best practices. 3D mine visualizers significantly enhance the productivity of large mining environments. It is a valuable tool in operations planning, analyzing problematic areas and tracking mine development over time. Companies such as Sandvik and Komatsu are offering 3D visualizer systems.

Negative environmental impacts of coal will push coal end users to shift to alternative sources going forward. Coal-fired power plants are the largest individual sources of climate pollution. They are globally responsible for more than 70% of CO2 emissions in the power generation industry; this is expected to restrain the growth of coal mines. Coal burning also leads to death of about 3.5 million people annually from air pollution.

The increasing share of coal in power generation in some countries is expected to drive the coal market. About 20 countries are turning to coal for power generation, including nine in Africa (Democratic Republic Congo, Egypt, Cote d'Ivoire, Kenya, Morocco, Mozambic, Niger, Senegal and Tanzania), three in Central America (Dominican Republic, Panama, and Salvador), two in the Middle East (the UAE and Jordan) and three in Asia (Bangladesh, Cambodia and Myanmar).

By 2025, more than 65 coal-fired power plants could be commissioned in these countries, representing a capacity of 50 GW. Significant increases in coal use are also expected in Vietnam, the Philippines, and Malaysia. Countries such as China, India and Indonesia, where electricity is produced primarily from coal, will significantly reduce the share of coal in their power mix, but not below 35%, due to the abundance of domestic coal reserves and their economic attractiveness.

The continued demand for coal in power generation globally and increasing share of coal in power generation in some countries will drive the coal market going forward.

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Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Coal, Lignite, And Anthracite Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Coal, Lignite, And Anthracite Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Coal, Lignite, And Anthracite Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Coal, Lignite, And Anthracite Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Coal, Lignite, And Anthracite Market Trends And Strategies

8. Impact Of COVID-19 On Coal, Lignite, And Anthracite

9. Coal, Lignite, And Anthracite Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market

10. Coal, Lignite, And Anthracite Market Regional Analysis
10.1. Global Coal, Lignite, And Anthracite Market, 2020, By Region, Value ($ Billion)
10.2. Global Coal, Lignite, And Anthracite Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Coal, Lignite, And Anthracite Market, Growth And Market Share Comparison, By Region

11. Coal, Lignite, And Anthracite Market Segmentation
11.1. Global Coal, Lignite, And Anthracite Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Coal

  • Lignite

  • Anthracite

11.2. Global Coal, Lignite, And Anthracite Market, Segmentation By End-User Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Electricity

  • Steel

  • Cement

  • Others

11.3. Global Coal, Lignite, And Anthracite Market, Segmentation By Mining Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Surface Mining

  • Underground Mining

11.4. Global Coal, Lignite, And Anthracite Market, Segmentation By Organisation Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Large Enterprises

  • Small And Medium Enterprises

12. Coal, Lignite, And Anthracite Market Segments
12.1. Global Coal Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Bituminous Coal; Sub-Bituminous Coal
12.2. Global Lignite Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
12.3. Global Anthracite Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

13. Coal, Lignite, And Anthracite Market Metrics
13.1. Coal, Lignite, And Anthracite Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Coal, Lignite, And Anthracite Market Expenditure, 2015-2025, Global

For more information about this report visit https://www.researchandmarkets.com/r/tlteja

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