USD 60.0 billion
Global Anthracite Coal Mining Market Size, Share, Growth Analysis, By Grade(Standard grade, High grade), By Mines(Shaft mine, drift mine) - Industry Forecast 2023-2030
Report ID: SQMIG10B2016 | Region: Global | Published Date: December, 2022 | Pages: 165 | Tables: 64 | Figures: 65
Global Anthracite Coal Mining Market Insights
Anthracite Coal Mining Market was valued at USD 60.0 billion in 2021, and it is expected to reach a value of USD 81.65 billion by 2028, at a CAGR of 4.5% over the forecast period (2022-2028).
The demand for anthracite coal, which has the lowest impurities and highest calorific value, is rising globally, driving up the cost of mining anthracite coal. Anthracite is a more effective fuel since the residue produced after its combustion contains fewer pollutants and produces little smoke when compared to other types of coal. The anthracite coal mining industry around the world is continuously changing and developing due to new alliances, purchases, or entry of new players. The traditional producers and suppliers are redirecting supply to domestic users and concentrating on imports, which represents a fundamental shift in the Anthracite Coal Mining Market for mineral resources. In nations like China and India, anthracite is the preferred ULV (ultralow volatile) and PCI (pulverized coal injection) product that is put directly into the blast furnace.
The World Steel Association estimates that anthracite coal provides roughly 89% of the energy input for a blast furnace (BF)-basic oxygen furnace (BOF), followed by electricity (7%), natural gas (3%), and other gases and sources (1%). In the case of the Electric Age Furnace (EAF) approach, energy input from anthracite amounts to 11%, electricity to 50%, natural gas to 38%, and other sources to 1%. In 2019, the US produced 706,310 thousand short tons of coal, of which 2,611 thousand short tons was anthracite. Some of the major factors affecting coal are the cost, convenience, and availability of coal relative to competing fuels. Countries like China, the US, Russia, Australia, Vietnam, North Korea, and Ukraine have evenly distributed anthracite production. Some of the key players in this market include Bathurst Resources, Cokal, Attila resources, Carabella Resources, Tigers Realm, Jameson Resources, Aspire Mining, Carbon Sales Inc., Hudson Anthracite, and State Industries Inc.
US Anthracite Coal Mining Market is poised to grow at a sustainable CAGR for the next forcast year.
Market snapshot
Global Market Size
Largest Segment
High
Fastest Growth
High
Growth Rate
4.5% CAGR
Global Anthracite Coal Mining Market 2021-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)
Global Anthracite Coal Mining Market Size by Grade 2021-2028 ($ Bn)
Global Anthracite Coal Mining Market by Grade 2021-2028 (%)
To get more reports on the above market click here to Buy The Report
Global Anthracite Coal Mining Market Segmental Analysis
The Global anthracite coal mining market is segmented based on grade, mines, and Region. Based on grade, the Anthracite Coal Mining Market is segmented into standard grade, Ultra grade, and ultra-high grade. Based on mines, the Anthracite Coal Mining Market is segmented into Shaft mines, drift mines, Slope mines, and surface mines. Based on region, the global anthracite coal mining market is segmented into North America, Europe, Asia-Pacific, Latin America, and MEA.
Anthracite Coal Mining Market Analysis by Grade
The anthracite coal mining market is segmented into normal, high, and ultra-high grades based on grade. The ultra-high-grade segment is anticipated to expand with a sizable Anthracite Coal Mining Market share over the projected period because of the strong demand from the steelmaking industry. Anthracite of the ultra-high grade has greater specific gravity and is tougher than other anthracite grades. Compared to other types of charcoal, it has fewer volatile chemicals. Ultra-high-grade anthracite has a very low ash content when compared to other varieties, which makes it burn more efficiently.
Global Anthracite Coal Mining Market by Grade, 2021 (%)
To get detailed analysis on other segments, Request For Sample Report
Global Anthracite Coal Mining Market Regional Insights
The global anthracite coal mining market is split into the major regions of Latin America, North America, the Middle East and Africa, Asia Pacific, and Europe. The Asia Pacific region is predicted to lead the global market for anthracite coal mining based on geographic segmentation. In this area, industrial development is advancing quickly, and the construction sector is seen to be increasing tremendously. Additionally, Asia Pacific has the largest population density and a broad base of population. With such a large population base, huge electricity generation is required. The Anthracite Coal Mining Market for anthracite coal mining is expected to develop as a result of the high electricity demand. China, South Korea, Australia, Vietnam, and Australia are a few of the top anthracite coal exporters. During the time of the evaluation, all of these variables are anticipated to benefit the global market for anthracite coal mining.
Global Anthracite Coal Mining Market By Geography, 2021 - 2028
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Global Anthracite Coal Mining Market Dynamics
Anthracite Coal Mining Market Driver
- Due to its growing use in the building, infrastructure, and industrial sectors, the global anthracite coal mining market is anticipated to expand significantly throughout the evaluation period. In the upcoming years, the high demand for anthracite coal from steel producers is projected to create several expansion prospects for the global Anthracite Coal Mining Market for mined anthracite coal. Due to its high carbon content and affordability, anthracite coal is more frequently used in the production of steel than any other variety. For steel producers, anthracite carbon results in cheaper manufacturing costs. The primary factors that are anticipated to propel the expansion of the global anthracite coal mining market are the rising demand for anthracite coal in the construction, infrastructure, and industrial sectors.
Anthracite Coal Mining Market Restraint
- The main obstacle to the growth of the global industry is strict rules and regulations. Further, the slow production and higher costs also acts as a barrier to the Anthracite Coal Mining Market growth. As anthracite coal is produced more slowly than other types of coal due to the high quality of the materials used, it costs much more than other types of coal, which is what primarily prevents the market from expanding. Additionally, the availability of other less expensive alternatives employed by numerous businesses is another reason that is impeding the market growth. Such variables may hurt the market and become less prevalent within the projection period.
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
Global Anthracite Coal Mining Market Competitive Landscape
The anthracite coal mining market's level of competition serves as a representation of the Anthracite Coal Mining Market and its state. The positive and negative effects of the many components are the primary cause of the market's expansion. The market is getting bigger and there are more opportunities for market expansion thanks to many important providers. The Anthracite Coal Mining Market value during the period will be impacted by additional growth drivers. Many important firms are paying attention to market trends for mining anthracite coal. To make the market segments better options, the companies try to keep up with the prevailing trends. The prestigious and well-known Anthracite Coal Mining Market sellers are Vostok Coal, Robindale Energy Services, Inc., Atrum Coal Ltd, Siberian Anthracite, and Atlantic Coal Plc.
Anthracite Coal Mining Market Top Players' Company Profiles
- Lehigh Anthracite (US)
- Atlantic Coal Plc. (UK)
- Robindale Energy Services, Inc. (USA)
- Sadovaya Group (Europe)
- Siberian Anthracite (Russia)
- Atrium Coal Ltd (Australia)
- Celtic Energy (US)
- Vietnam National Coal-Mineral Industries Group (US)
- Vostok Coal (Russia)
- Blaschak Coal Corporation (US)
Anthracite Coal Mining Market Recent Developments
- In November 2021, one of the biggest producers and suppliers of anthracite coal in the country, Blaschak Coal Corp., changed its name to Blaschak Anthracite Corp. The cleanest and hottest coal available, anthracite produces almost little smoke or pollutants during combustion. It does not produce creosote and has a high carbon content. Compared to gas, oil, or wood, anthracite burns hotter and is more affordable. To develop anthracite applications for graphene, rare earth minerals, activated carbon for filtration systems, and soil enrichment, Blaschak Anthracite is now working with four institutions.
- In November 2021, the six-month performance of open-pit mining company Afrimat improved as a result of the company's acquisitions. The business that deals in bulk commodities, industrial minerals, and building materials have been expanding its business. The Nkomati anthracite and Jenkins iron ore mines, together with the Demanding mine, were acquired most recently by the bulk commodities segment. The corporation also did successfully in other areas, with industrial minerals recovering to levels before COVID-19.
Global Anthracite Coal Mining Key Market Trends
- The Anthracite Coal Mining Market is getting a few possibilities due to the ongoing fluctuation in raw material prices. Recently, as industrialization has increased in various countries, there has been a greater need for power and energy, which has increased the demand for the energy and cement industries. The changes will positively affect the outlook for the anthracite coal mining market. Anthracite is a crucial metal for items in the metals industry. This is also employed as a reluctance. Further, the need for anthracite coal in the manufacturing, construction, and infrastructure sectors is rising, and IOT implementation in anthracite coal mining is also intensifying.
Global Anthracite Coal Mining Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected through Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, the demand for anthracite coal, which has the lowest impurities and highest calorific value, is rising globally, driving up the cost of mining anthracite coal. Anthracite is a more effective fuel since the residue produced after its combustion contains fewer pollutants and produces little smoke when compared to other types of coal. The ultra-high-grade segment is anticipated to expand with a sizable Anthracite Coal Mining Market share over the projected period because of the strong demand from the steelmaking industry. The Asia Pacific region is predicted to lead the global Anthracite Coal Mining Market for mined anthracite coal-based on geographic segmentation. In this area, industrial development is advancing quickly, and the construction sector is seen to be increasing tremendously.
| Report Metric | Details |
|---|---|
| Market size value in 2021 | USD 60.0 billion |
| Market size value in 2028 | USD 81.65 billion |
| Growth Rate | 4.5% |
| Base year | 2021 |
| Forecast period | 2022-2028 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Anthracite Coal Mining Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Anthracite Coal Mining Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Anthracite Coal Mining Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Anthracite Coal Mining Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Anthracite Coal Mining Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Anthracite Coal Mining Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
SPEAK TO AN ANALYSTSubscribe & Save
Get lifetime access to our reports
Basic Plan $5,000 Team Plan $10,000 SUBSCRIBE NOW
USA (+1) 617-230-0741
