Coal Mining Market Analysis including Reserves, Production, Operating, Developing and Exploration Assets, Demand Drivers, Key Players and Forecasts, 2021-2026
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Coal Mining Market Overview
The Coal Mining Market reserve volume was 1,074.1 billion tonnes (Bnt) in 2020. Coal production is expected to remain flat at a CAGR of more than 1% during 2022-2026. The long-term transition towards renewable energy is expected to have a significant impact on global coal production. In 2022, prices for Newcastle thermal coal are expected to be backed by demand from Europe amid an anticipated shortage of natural gas due to the ongoing Russia-Ukraine conflict. The demand from Japan and South Korea is expected to remain strong. Furthermore, commitments by most nations to cut coal-fired power generation over time are likely to affect thermal coal prices in the coming years.
Coal Mining Market Outlook, 2020-2026 (Bnt)
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Meanwhile, coking coal FOB prices reached an all-time high in 2022. While disruptions in Russian coal exports have had a significant impact on prices, rising COVID-19 cases and limited supply resulted in falling stockpiles of coal. Furthermore, coking coal prices are expected to stay firm in the coming months, supported by rising coal demand.
Market Volume (2020) | 1,074.1billion tonnes |
CAGR (2022-2026) | >1% |
Forecast Period | 2023-2026 |
Key Regions | APAC, Europe, Former Soviet Union, Middle East & Africa, North America, Oceania, and South & Central America |
Key Countries | China, India, Indonesia, Australia, the US, Russia, South Africa, Germany, Poland, Kazakhstan, Turkey, Colombia, Canada, Ukraine, and South Korea |
Key Coal Producers | Coal India Ltd., China Shenhua Energy, Peabody Energy, China National Coal Group, Yankuang Energy Group, Glencore, Siberian Coal Energy Company (SUEK), PT Bumi Resources, Arch Resources, and BHP |
Coal Mining Market Segmentation by Regions
The key regions in the global coal mining market are APAC, Europe, the Former Soviet Union, the Middle East & Africa, North America, Oceania, and South & Central America.
Asia Pacific
The top three active mines in the Asia Pacific region are Sangatta Mine, Gevra OC Mine, and Pasir Mine. SiarmalOpen cast Project, East Kutai Coal Project, and Mandakini–B Coal Block are the key development projects in the APAC region. The top three exploration projects in the APAC region include Erdenetsogt Project, Bumi Murau Coal Mine, and Bumi Kaliman Sejahtera Mine.
Europe
The top three active mines in Europe are Belchatow Mine, Maritsa East Mine, and Bogdanka Mine. Gubin-Brody Mine, Sawin Project, and Jan Karski Mine are the key development projects in the European region. The top three exploration projects in Europe include Jaworzno Project, Oswiecim-Polanka 1 Project, and Cwiklice Project.
Former Soviet Union
The top three active mines in the Former Soviet Union (FSU) are Bogatyr Komir Mine, The Borodinsky Strip Mine, and The Tugnuisky Strip Mine. Sibanthracite Kuzbass Project, Elegest Coking Coal Project, and Amaam Project are the key development projects in the FSU region. The top three exploration projects in the FSU region are Eastern Field Coal Deposit, Ulug Khemsky Mine, and Apsatskoe Coal Deposit.
Coal Mining Market Segmentation by Countries
The key countries associated with coal production are China, India, Indonesia, Australia, the US, Russia, South Africa, Germany, Poland, Kazakhstan, Turkey, Colombia, Canada, Ukraine, and South Korea.
Coal Production Market Analysis by Countries (%)
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Coal Mining Market Segmentation by Producers
The key producers in the coal mining market are Coal India Ltd., China Shenhua Energy, Peabody Energy, China National Coal Group, Yankuang Energy Group, Glencore, Siberian Coal Energy Company (SUEK), PT Bumi Resources, Arch Resources, and BHP. Coal India Ltd dominates the market.
Coal Production Market Analysis by Coal Producers (%)
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Scope
The report contains an overview of the global coal mining industry including key demand driving factors affecting the global coal mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, and major exploration and development projects.
Reasons to Buy
- To gain an understanding of the global coal mining industry and relevant driving factors
- To understand historical and forecast trend in global coal production
- To identify key players in the global coal mining industry
- To identify major active, exploration, and development projects by region
China Shenhua Energy
Peabody Energy
China National Coal Group
Glencore
Yankuang Energy Group and Glencore
Table of Contents
Frequently asked questions
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What was the global coal reserve market volume in 2020?
The global coal reserve volume was 1,074.1billion tonnes in 2020.
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What is the global coal mining market growth rate?
The global coal mining market is expected to remain flat at a CAGR of more than 1% during the forecast period.
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What are the key regions in the global Coal mining market?
The key regions in the global coal mining market are APAC, Europe, the Former Soviet Union, Middle East & Africa, North America, Oceania, and South & Central America.
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What are the key countries associated with the coal production market?
The key countries associated with coal production are China, India, Indonesia, Australia, the US, Russia, South Africa, Germany, Poland, Kazakhstan, Turkey, Colombia, Canada, Ukraine, and South Korea.
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Who are the key coal producers in the global coal mining market?
The key coal producers in the global coal mining market are Coal India Ltd., China Shenhua Energy, Peabody Energy, China National Coal Group, Yankuang Energy Group, Glencore, Siberian Coal Energy Company (SUEK), PT Bumi Resources, Arch Resources, and BHP.
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