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Global Coal Mining Industry to grow at a CAGR of close to 2% during the period 2018 – 2022; Finds New Report

Report forecast the global coal mining industry to grow at a CAGR of close to 2% during the period 2018-2022.

Coal mining is a process of extraction of coal from the ground. Coal is the modified remains of ancient vegetation and other rock strata under the effects of pressure and heat. It is combustible, organic and sedimentary rock, which is mostly composed of carbons, oxygen and hydrogen.

The report covers the present scenario and the growth prospects of the global coal mining industry for 2018-2022. To calculate the market size, the report considers the revenue generated from the coal mining.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

According to the report, one of the major drivers for this market is Better electricity generation technology. The major concern for all the countries is to reduce the emission of carbon dioxide and to reduce the energy consumption to reduce the cost. Generation of electricity involves both carbon dioxide emission and consists of the consumption of enormous amounts of energy. The use of better electricity generation technology is expected to reduce the carbon dioxide emission and save on energy. The electrical power generation industry is the major end-user of coal.

Further, the report states that one of the major factors hindering the growth of this market is Uncertainty in the demand and price of coal. The demand and pricing of coal depend on the consumption pattern of coal, which is influenced by many uncontrollable factors, including but not limited to global economic conditions. The demand for electricity and steel, the cost of alternative fuels, the cost of electricity generation from alternative fuels, including wind, solar, oil, hydro, nuclear, natural gas and biomass, and taxes and environmental regulations imposed by various governments.

Global Coal Mining Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global coal mining industry: CIL, Arch Coal, Peabody Energy, Rio Tinto, Anglo American, and BHP.

Market driver

  • Better electricity generation technology
  • For a full, detailed list, view our report

Market challenge

  • Uncertainty in the demand and price of coal
  • For a full, detailed list, view our report

Market trend

  • Usage of liquid form of coal as fuel and electricity
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Spanning over 130 pages Global Coal Mining Industry 2018 – 2022” report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Sizing, Five Forces Analysis, Market Segmentation By Technology, Market Segmentation By Type, Market Segmentation By End-User, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis.

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