Mined Anthracite Coal Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Anthracite is a naturally occurring smokeless fuel - very shiny, hard and dense - extremely slow burning with high heat output. Anthracite, also known as hard coal, black coal, etc. is a hard, compact variety of coal that has a submetallic luster. It has the highest carbon content, the fewest impurities, and the highest energy density of all types of coal and is the highest ranking of coals. Because anthracite is 82 to 86 percent carbon, it burns at a very high level of BTUs – 25 million BTUs per ton (BTUs, British Thermal Units, are a measure of heat). Its cost-per million BTUs is significantly lower than the cost-per-million BTUs of gas, oil, electricity, cord wood or wood pellets, making it a much more cost-efficient fuel source. In addition, The low sulphur and volatile content in anthracite makes it an extremely clean-burning fuel. Anthracite produces virtually no smoke or particulate emissions, a major problem with cord wood and wood pellet burning stoves. Therefore, anthracite coal stoves can be used as alternatives to wood stoves/fireplaces in areas of the country where wood burning is restricted, due to air pollution problems, or where wood is scarce and expensive.
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According to ‘UnivDatos Market Insights (UMI)’ research report “Mined Anthracite Coal Market Analysis, 2020”, the Mined Anthracite Coal market is projected to grow at a CAGR of ~2% during 2021-27F. The growth will largely be driven by increased demand for coal as an energy source and due to increasing demand for steel production globally, especially in the Asia Pacific and China region owing to their growing economies.

Based on Type, the Mined Anthracite Coal Market is bifurcated into three segments: standard grade, high grade, and ultra-high grade. Among these, Ultra-high grade category to witness significant growth during the forecast period. Over the last few years, there has been an unprecedented increase in power demand. Power demand is rapidly increasing, not only in developing countries such as China and India, but also in developed countries such as the United States, though developing countries are leading in terms of demand growth. The expansion of grid networks and electrification of rural areas in developing and developing countries has resulted in an increase in power demand.
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Based on Application, the Mined Anthracite Coal market has been bifurcated into power generation, steel production, fertilizer production, and others. Of these, steel generation to hold significant share and is expected to grow at steady CAGR during the forecast period. It plays an important role in cost reduction in the steel making process and is also used in production of ferroalloys, silicomanganese, calcium carbide and silicon carbide. South Africa exports lower-quality, higher-ash anthracite to Brazil to be used in steel-making. In addition, according to World Coal Association, nearly 70% of the steel produced makes use of coal. Anthracite Coal is a type of coal that is put to immense heat and pressure, thereby making it one of the hardest and most compressed coals available in the world.

China to Grab Lion’s Share, and witnessed Explicit Growth

For a better understanding of the market adoption of Mined Anthracite Coal Industry, the market is analyzed based on its worldwide presence in the countries such as U.S., China, India, Australia, Russia, Indonesia, Poland, South Africa, and Rest of World. In 2020, China dominated the market as it is the largest anthracite coal producer in the world. Most Chinese production is of standard-grade anthracite, which is used in power generation. However, U.S. is expected to witness highest CAGR of -% during the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Mined Anthracite Coal Market Analysis, 2020”. 

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Mined Anthracite Coal Market are Shanxi Jincheng Anthracite Coal Mining Group, Vinacomin, Glencore, Siberian Coal Energy, Feishang Anthracite Resources, Sadovaya Group, Blaschak Coal Corporation, Reading Anthracite Company, Atrum Coal NL, and Celtic Energy., among others. The players are focused on partnerships and collaborations with major power generation companies expanding their geographical reach to get a competitive edge in the industry.

§  In March 2021 - The Sibanthracite Group and Baosteel Resources, a subsidiary of China Baowu Steel Group, have signed a strategic long-term partnership agreement, under which Sibanthracite Group will increase coal exports, including PCI coal and high-quality anthracite, to the Chinese firm.

“Mined Anthracite Coal Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Mined Anthracite Coal providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1.      By Type (Standard Grade, High Grade, and Ultra-High Grade)

2.      By Application (Power Generation, Steel Production, Fertilizer Production, and Others)

3.      By Country (U.S., China, India, Australia, Russia, Indonesia, Poland, South Africa, and Rest of World)

4.      By Company (Shanxi Jincheng Anthracite Coal Mining Group, Vinacomin, Glencore, Siberian Coal Energy, Feishang Anthracite Resources, Sadovaya Group, Blaschak Coal Corporation, Reading Anthracite Company, Atrum Coal NL, and Celtic Energy)

Key questions answered in the study:

1.      What are the current and future trends of the Mined Anthracite Coal industry?

2.      How the industry has been evolving in terms of Type and application areas?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Mined Anthracite Coal industry?

5.      What is the customer orientation, purchase behavior, and expectations from the Mined Anthracite Coal firms across various regions?

Table of Content –

1. MARKET INTRODUCTION

2. RESEARCH METHODOLOGY OR ASSUMPTION

3. MARKET SYNOPSIS

4. EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE MINED ANTHRACITE COAL MARKET

6 MINED ANTHRACITE COAL MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY COUNTRY

10 MINED ANTHRACITE COAL MARKET DYNAMICS

11 MINED ANTHRACITE COAL MARKET OPPORTUNITIES

12 MINED ANTHRACITE COAL MARKET TRENDS

13 VALUE CHAIN ANALYSIS

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 COMPETITIVE SCENARIO

16 COMPANY PROFILED

17 DISCLAIMER
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