GLOBAL COAL INDUSTRY:

Growth will be fueled by a growing percentage of coal in power generation, particularly in developing nations, government policies that provide subsidies and encourage foreign direct investment, economic growth in emerging markets, and changes in government regulations that favour the mining industry. The coal market has grown in recent years as a result of increased coal power output, enormous worldwide coal reserves, and technical advancements in power generating. The coal market will grow in the future due to developing nations’ continuous reliance on coal, government policies, emerging market expansion, and the implementation of new regulations to boost the coal sector. Bituminous coal, sub-bituminous coal, lignite, and anthracite coal are the four types of coal that make up the coal market. By kind of coal, bituminous coal was the largest part of the coal market. 

INDIAN MARKET OUTLOOK:

The coal market in India is predicted to increase at a CAGR of more than 2.5 percent in the next years. The market is likely to be driven by factors such as expanding power generation capacity plans and increasing electricity consumption in India, owing to rapidly expanding industrial and infrastructure development activities. Coal is widely utilised in India to fuel thermal power plants, which meet demand in a variety of sectors including industry, transportation, residential, commercial, and public services. India’s ambition to build more coal-fired power plants is projected to help the power stations dominate the market. Tamil Nadu, which accounts for 80% of lignite deposits, Rajasthan, and Gujarat are the three states with the most lignite resources. The majority of the resources are undeveloped, and with favourable government regulations, lignite mining is likely to open up a slew of opportunities for market participants.

GLOBAL MARKET OUTLOOK:

The global coal market is predicted to increase at a CAGR of 5.2 percent over the next five years. The coal market consists of sales of bituminous and sub-bituminous coal, lignite, and anthracite coal by entities (organisations, sole traders, and partnerships) that mine bituminous coal, sub-bituminous coal, lignite, and anthracite coal using underground, strip, culm bank, and other surface mining techniques.  Companies in the coal sector are also involved in the construction of coal mine sites as well as the enhancement of coal, such as cleaning, washing, screening, and sizing. The coal market is likely to be driven by the increased use of coal in power generation in some nations. Around 20 countries, including nine in Africa (Democratic Republic of Congo, Egypt, Côte d’Ivoire, Kenya, Morocco, Mozambic, Niger, Senegal, and Tanzania), three in Central America (Dominican Republic, Panama, and Salvador), two in the Middle East (the UAE and Jordan), and three in Asia, are relying on coal for power generation (Bangladesh, Cambodia and Myanmar).

TOP PLAYERS WORLDWIDE:

• China Shenhua Energy Co Ltd
• Bharat Coking Coal Limited (BCCL)
• BHP Billiton Ltd
• Coal India
• Central Coalfields Limited (CCL)
• Shaanxi Coal
• Teck Resources Limited
• Eastern Coalfields Limited (ECL)
• Yancoal Australia Ltd
• Alliance Resource Partners, LP