Mined Anthracite Coal Market: Current Analysis and Forecast (2021-2027)

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Emphasis on Type (Standard Grade, High Grade, and Ultra-high Grade); Application (Power Generation, Steel Production, Fertilizer Production, and Others); and Region/Country

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Report ID:

UMCH21709

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Report Description
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Research Methodology

Report Description

Mined Anthracite Coal Market
Mined Anthracite Coal Market

Mined Anthracite Coal Market is anticipated display a CAGR of around 2% over the forecast period (2021-2027). The Mined Anthracite Coal market has captured significant market demand and is expected to grow at an stable rate in the forecasted period. It is mainly due to increasing digitization and a rise in the population. Moreover, the government is investing in expanding its existing electricity transmission and distribution systems to cater to the rising electricity demand due to rapid urbanization and industrialization. Furthermore, Anthracite is used as a heat source, and/or carbon additive for steel making plants and factories in a number of industries. Thus, the steel manufacturers are more inclined toward the use of anthracite coal than any other type owing to it high carbon content and cost effectiveness. Use of anthracite coal leads to reduced cost of production for the steel manufacturers, therefore, contributing to market growth.

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.

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 are some of the prominent players operating in the Mined Anthracite Coal market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst Type, Ultra-high Grade category to witness significant growth during the forecast period”

Based on type, the Mined Anthracite Coal Market is bifurcated into three segments: Standard Grade, High Grade, and Ultra-high Grade. During the forecast period, Ultra-high grade category to witness significant growth. High Grade and Ultra-high Grade anthracite are the highest grades of anthracite coal. They are the purest forms of coal, having the highest degree of coalification, the highest carbon count and energy content and the fewest impurities (moisture, ash and volatiles). Ultra-high Grade anthracite typically has a minimum carbon content of 95%. It combusts with hot, clean flame, containing low content of sulfur and volatiles. Due to these characteristics, anthracite is sometimes used in domestic applications or other specialized industrial uses that require smokeless fuels.

“Amongst Application, Power Generation to maintain its Steady Growth”

On the basis of application, the market is categorized into Power Generation, Steel Production, Fertilizer Production, and Others. During the forecast period, the power generation category to steady growth owing to the expansion of urban areas and the development of commercial trade hubs, thus increasing power demand. Moreover, government investing towards expanding its exiting electricity transmission and distribution system to cater the rising electricity demand due to rapid urbanization and industrialization. For instance, in India, under the Union Budget 2021-22, the government allocated US $42 billion (Rs. 305,984 crore) for a revamped, reform-based and result-linked new power distribution sector scheme over the next five years. Moreover, electrification in the country is increasing with support from schemes like Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY), Integrated Power Development Scheme (IPDS), among others.

“U.S. to Witness Strong Growth Due to its Largest Anthracite Coal Reserves”

U.S. to witness strong constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 due its largest of anthracite coal. All of the anthracite mines in the United States are in northeastern Pennsylvania. In the United States, anthracite is mainly used by the metals industry. In addition, Anthracite is also used in water-filtration systems. It has tinier pores than sand, so more harmful particles are trapped. This makes water safer for drinking, sanitation, and industry. Anthracite can typically be found in geographical areas that have undergone particularly stressful geologic activity. For example, the coal reserves on the Allegheny Plateau in Kentucky and West Virginia stretch to the base of the Appalachian Mountains. Here, the process of orogeny, or mountain formation, contributed to temperatures and pressures high enough to create anthracite.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry


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1.1.Market Definitions
1.2.Limitation
1.3.Stakeholders
1.4.Currency used in Report
2.1.Research Process of the Mined Anthracite Coal Market
2.2.Research Methodology of the Mined Anthracite Coal Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of the Mined Anthracite Coal Market Study
3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5IMPACT OF COVID-19 ON THE MINED ANTHRACITE COAL MARKET
6MINED ANTHRACITE COAL MARKET REVENUE (USD BN), 2019-2027F
7.1.Standard Grade
7.2.High Grade
7.3.Ultra-high Grade 
8.1.Power Generation
8.2.Steel Production
8.3.Fertilizer Production
8.4.Others 
9.1.United States
9.2.China
9.3.India
9.4.Australia
9.5.Russia
9.6.Indonesia
9.7.Poland
9.8.South Africa
9.9.Rest of World 
10.1.Market Drivers
10.2.Market Challenges
10.3.Impact Analysis
11MINED ANTHRACITE COAL MARKET OPPORTUNITIES
12MINED ANTHRACITE COAL MARKET TRENDS
13VALUE CHAIN ANALYSIS
14.1.Demand Side Analysis
14.2.Supply Side Analysis
15.1.Porter’s Five Forces Analysis
 15.1.1.Bargaining power of Supplier
 15.1.2.Bargaining power of Buyer
 15.1.3.Industry Rivalry
 15.1.4.Availability of Substitute
 15.1.5.Threat of New Entrants
16.1.Shanxi Jincheng Anthracite Coal Mining Group
16.2.Vinacomin
16.3.Glencore plc
16.4.Siberian Coal Energy
16.5.Feishang Anthracite Resources
16.6.Sadovaya Group
16.7.Blaschak Coal Corporation
16.8.Reading Anthracite Company
16.9.Atrum Coal NL
16.10.Celtic Energy 
17DISCLAIMER

Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future market of the Mined Anthracite Coal market were the three major steps undertaken to create and analyze the adoption of Mined Anthracite Coal in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Mined Anthracite Coal market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Mined Anthracite Coal through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Mined Anthracite Coal market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as Type and Application. Further country-level analyses were conducted to evaluate the overall adoption of Mined Anthracite Coal in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Mined Anthracite Coal. Further, we conducted factor analysis using dependent and independent variables such as increasing digitalization of industries and urbanization in developing countries. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Mined Anthracite Coal sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Mined Anthracite Coal market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and subsegments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of Mined Anthracite Coal across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Mined Anthracite Coal market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Mined Anthracite Coal Market
Mined Anthracite Coal Market

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Mined Anthracite Coal market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type and their type of the Mined Anthracite Coal market.

The main objective of the Mined Anthracite Coal Market Study

The current & future market trends of Mined Anthracite Coal were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of Mined Anthracite Coal in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of type and applications
  • Define and analysis of the regulatory framework for the Mined Anthracite Coal industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the Mined Anthracite Coal market for the major region
  • Major regions studied in the report include S., China, India, Australia, Russia, Indonesia, Poland, South Africa, and Rest of World
  • Company profiles of the Mined Anthracite Coal market and the growth strategies adopted by the market players to sustain in the fast-growing market

Deep dive regional level analysis of the industry