Anthracite Market Segmentation, Global Size And Growth Report, 2024
Overview and Scope
Anthracite mining is used to mine bituminous coal, anthracite, and lignite coal by various mining techniques. This develops anthracite mine sites and improves anthracite, including cleaning, washing, screening, and sizing of anthracite.
Sizing and Forecast
The anthracite market size has grown marginally in recent years. It will grow from $120.7 billion in 2023 to $123.06 billion in 2024 at a compound annual growth rate (CAGR) of 2.0%. The growth in the historic period can be attributed to industrial demand, residential heating, energy security, global economic trends, regional availability.
The anthracite market size is expected to see steady growth in the next few years. It will grow to $133.28 billion in 2028 at a compound annual growth rate (CAGR) of 2.0%. The growth in the forecast period can be attributed to environmental regulations, emerging markets demand, renewable energy integration challenges, residential heating trends, infrastructure development. Major trends in the forecast period include replacement for coke in steelmaking, technological advancements in mining, market expansion in asia-pacific, strategic partnerships and investments, carbon capture and utilization (ccu).
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Segmentation & Regional Insights
The anthracite market covered in this report is segmented –
1) By Type: Standard Grade Anthracite, High Grade Anthracite and Ultra-High Grade Anthracite
2) By Mining Type: Underground Mining, Surface Mining
Asia-Pacific was the largest region in the anthracite mining market in 2023. The regions covered in the anthracite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growth in the anthracite mining market is due to an increase in domestic fuel and power generation projects in rapidly developing countries such as China and India owing to the rise in population and infrastructure. For instance, according to Worldometer data, In June 2022, the current population of China is 1,450,341,718.
Key Industry Players
Major companies operating in the anthracite market report are Glencore plc, China Shenhua Energy Company Limited, BHP Billiton Plc, Anglo American plc, Yanzhou Coal Mining Company Limited, Coal India Limited, Henan Energy and Chemical Industry Group Co. Ltd., Yancoal Australia Limited, DTEK Energy Plc, Ramaco Resources Inc., Peabody Energy Corporation, Whitehaven Coal Limited, Lehigh Natural Resources Inc., Coronado Global Resources Inc., Mechel PAO, CONSOL Energy Inc., Warrior Met Coal Inc., Siberian Anthracite Company, Arch Resources Inc., Attila Resources Inc., Bathurst Resources Limited, Siberian Coal Energy Company (SUEK), Jeddo Coal Company, Reading Anthracite Inc., Atlantic Coal PLC, XCoal Energy & Resources LLC, Carabella Resources Inc., Cokal Ltd., Blaschak Anthracite, Atrum Coal Limited
The anthracite market report table of contents includes:
1. Executive Summary
2. Anthracite Market Characteristics
3. Anthracite Product/Service Analysis -Product/Service Examples
4. Anthracite Market Trends And Strategies
5. Anthracite Market – Macro Economic Scenario
………………
68. Global Anthracite Market Competitive Benchmarking
69. Global Anthracite Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Anthracite Market
71. Anthracite Market Future Outlook and Potential Analysis
72. Appendix
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