The global coal mining market is expected to decline from $816.5 billion in 2019 to $722.8 billion in 2020 at a compound annual growth rate (CAGR) of -11.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $933.8 billion in 2023.
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The coal mining market consists of sales of coal by entities (organizations, sole traders and partnerships) that mine bituminous coal, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. The coal mining industry also develops coal mine sites, and improvesf coal, including cleaning, washing, screening, and sizing of coal.
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The coal mining market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the coal mining market are Coal India Limited, BHP Billiton Ltd, Rio Tinto Group, ShenHua Group, China Coal Energy Co Ltd
The Global Coal Mining Market is segmented:
1) By Type: Bituminous Coal, Sub-Bituminous Coal
2) By End-User Industry: Electricity, Steel, Cement, Others
3) By Mining Technology: Surface Mining, Underground Mining
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The coal mining market report describes and explains the global coal mining market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The coal mining report evaluates the market across each region and for the major economies within each region.
The countries covered in the global coal mining market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global coal mining market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Coal Mining Market Characteristics
- Coal Mining Market Product Analysis
- Coal Mining Market Supply Chain
- Key Mergers And Acquisitions In The Coal Mining Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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