Coal Mining (Lignite, Bituminous & Anthracite) Market 2021 Forecast Report

Coal Mining (Lignite, Bituminous & Anthracite) Market 2021 Forecast Report

“Coal Mining Market By Mining Technology (Underground Mining, Strip Mining, Culm Bank Mining And Others), By Segments (Bituminous Coal, Sub-Bituminous Coal, Lignite, And Anthracite)And By Regions – Global Industry Analysis, Size, Share, Growth, Trends, And”
Major players in the global coal mining market include China Shenhua Energy Company Limited, Coal India Limited, China Coal Energy Co Ltd., BHP, and Anglo American plc.

The global coal mining market is benefitting from innovative technologies in the coal mining. Coal mines are prone to hazards and mining companies are increasingly focusing on technologies to prevent accidents and improve the safety of miners. Government regulations, and health and safety standards developed by international mining groups also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions. Sensor-based methane detectors use RFID technology to monitor and control the level of methane which can cause explosions.

The global coal mining market size is expected to reach a value of $500 billion by 2021, growing a negative CAGR of 3% during the forecast period. This is mainly due to emerging markets growth – the coal mining industry is expected to be driven by economic growth in emerging countries such as China and India. This can be attributed to the increasing demand for electricity, owing to increasing industrial growth and rising steel consumption in these countries.

Emerging markets are expected to continue to see generally higher levels of growth than developed markets during this period.

Coal-fired power generation in India is expected to increase at about 4% per year through 2022 an policy changes to encourage coal mining – the coal mining industry will be affected by recent policy changes in the US.

However, several factors are expected to drive the coal mining market such as alternative sources of power generation- power generation companies are increasingly using alternate sources of energy such as natural gas, nuclear power and renewables to produce clean and sustainable electricity. The decreasing cost of installation of renewable sources of energy is also driving the use of these sources for power generation. This is expected to act as a restraint on the demand for coal in power generation.

Environmental Impacts Of Coal – coal-fired power plants are the largest individual sources of climate pollution. They are globally responsible for more than 70% of CO2 emissions in the power generation industry; this is expected to restrain the growth of coal mines. Coal burning also leads to death of about 3.5 million people annually from air pollution.

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The coal sector is prone to hazards and mining companies are increasingly focusing on technologies to prevent accidents and improve the safety of miners. Government regulations, and health and safety standards developed by international mining groups also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions. Sensor-based methane detectors use RFID technology to monitor and control the level of methane, which can cause explosions.Potential Opportunities In The Coal Mining Market is with increasing technological advances and introduction of 3D printing in the mining industry, the scope and potential for the global Coal Mining market is expected to significantly rise in the forecast period. 

Few Points from Table of Contets:

 

8.Coal Mining Market Segments

 

8.1.Bituminous Coal

 

8.2.Sub Bituminous Coal Mining

 

8.3.Lignite Mining

 

8.4.Anthracite Mining

 

9.Global Coal Mining Market Comparison With Macro Economic Factors

 

9.1.Coal Mining Market Size, Percentage Of GDP, Global

 

9.2. Per Capita Average Coal Mining Expenditure, Global

 

10.Coal Mining Market Comparison With Macro Economic Factors Across Countries

 

10.1.Coal Mining Market Size, Percentage Of GDP, By Country

 

10.2. Per Capita Average Coal Mining Expenditure, By Country

 

11.Asia-Pacific Coal Mining Market

 

11.1.Asia-Pacific Coal Mining Market Overview

 

11.2.Asia-Pacific Coal Mining Historic Market Consumption, 2013 – 2017, Value ($ Billion)

 

11.3.Asia-Pacific Coal Mining Forecast Market Consumption, 2017 – 2021, Value ($ Billion)

 

11.4.Asia-Pacific Coal Mining Market, 2017, Segmentation By Type, Value ($ Billion)

 

11.4.1.Bituminous Coal

 

11.4.2.Sub Bituminous Coal Mining

 

11.4.3.Lignite Mining

 

11.4.4.Anthracite Mining

 

11.5.Asia-Pacific Coal Mining Market, 2013 – 2021, Historic And Forecast, Segmentation By Type, Value ($ Billion)

 

12.China Coal Mining Market

 

12.1.China Coal Mining Market Overview

 

12.2.China Coal Mining Historic Market Consumption, 2013 – 2017, Value ($ Billion) and Volume (Million Tonnes)

 

12.3.China Coal Mining Historic Production, 2013 – 2017, Volume (Million Tonnes)

 

12.4.China Coal Mining Forecast Market Production, 2017 – 2021, Value ($ Billion)

 

12.5.China Coal Mining Forecast Market Consumption, 2017 – 2021, Value ($ Billion)

 

12.6.China Coal Mining Market, 2017, Segmentation By Type, Value ($ Billion)

 

12.7.China Coal Mining Market, 2013 – 2021, Historic And Forecast, Segmentation By Type, Value ($ Billion) 

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