The developing
countries have more demand for metallurgical coal for steel
production. Further, the demand of electricity is expected to expand
which will offer some relief to the coal mining operators.The markets
largely covered under the coal mining industry are North America
(U.S., Canada), Asia Pacific (India, China, Indonesia, Australia)
Developing
economies, with their rising need for energy, have fuelled the demand
from the global coal mining market. Determining the expected growth
of the coal mining market due to the rising demand for coal, the
report projects market growth during the period between 2014 and
2020. Mentioning the current trends in the market along with the
growth drivers and restraints, the report is a comprehensive analysis
for existing players as well as new entrants in the coal mining
market.
Browse
the full Coal Mining Market
Report at
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Using up-to-date and
reliable research techniques, the report analyses the various factors
affecting the coal mining market. Profiling the key market players
and using analytical tools such as Porter’s five forces analysis
and SWOT analysis, the report provides detailed information about the
vendor landscape of the coal mining market.
As per data revealed
by the World Coal Association, an industry body comprising of coal
producers and coal stakeholders, the worldwide mining of hard coal
has been estimated at 6185 million tons till January 2015. The report
points that the increased usage of coal in electricity generation to
cater to rising population will act as one of the major drivers for
the growth of the global coal mining market. Rising demand for
metallurgical coal from developing economies will further boost the
coal mining market.
The report cautions
that a surplus of coal supply due to increased coal mining will lead
to a drop in coal prices. Transportation of coal from the mining
sites requires huge investment; this could also be one of the
restraints for the coal mining market. The report identifies that the
advancement in technology used for coal mining will create
opportunity for the coal mining market.
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A Brochure Of This Report :
The global coal
mining market has been segmented on the basis of type of coal.
Anthracite coal, bituminous coal, and coking coal are classified as
hard coal. More suitable for power generation and similar activities,
coking coal is widely used in steel production, whereas brown coal,
which includes sub-bituminous and lignite coal, is used for on-site
fuel. Depending on the various mining methods, the report segments
the global coal mining market into underground mining and surface
mining (or opencast mining).
The report counts
Asia Pacific as the largest coal-producing region in the world.
Australia, China, India, and Indonesia are some the leading coal
producers. Europe follows Asia Pacific as the second largest coal
mining region.
Describing the
competitive scenario of the global coal mining market, the report
lists the major competitors in the coal mining market: Arch Coal
Inc., Cloud Peak Energy, CONSOL Energy Inc., Coal India Limited, and
Peabody Energy Corporation. Most of these companies are multinational
corporations with a strong global presence.
Market
Segmentation on the basis of type of coal:
- Hard Coal
- Anthracite Coal
- Bituminous Coal
- Coking Coal
- Brown Coal
- Sub-bituminous Coal
- Lignite Coal
Market
Segmentation on the basis of coal mining methods:
- Underground Mining
- Surface Mining
Major geographies
analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
This report gives
you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of
this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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