The Global Coal Mining Market Was Valued At $712 Billion In 2017 According To TBRC’s Latest Report
Added: (Tue Dec 11 2018)
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Coal mining industry primarily covers mining of bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal Including cleaning, washing, screening, and sizing of coal.
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The global coal mining market size was valued at $712 billion in 2017, and it is expected to be driven by the increased demand for power generation. Asia Pacific was the largest geographic region accounting for around 71% of the global market.
Coal Mining Market Segmentation
The coal mining sector in the report is split into two segments: bituminous coal market and sub-bituminous coal market.
Bituminous Coal comprises establishments primarily engaged in one or more of the following: (1) surface mining of bituminous coal and lignite; (2) developing bituminous coal and lignite surface mine sites; (3) surface mining and beneficiating (e.g., cleaning, washing, screening, and sizing) of bituminous coal; or (4) beneficiating (e.g., cleaning, washing, screening, and sizing coal), but not mining, bituminous coal.
Sub-Bituminous Coal comprises establishments primarily engaged in one or more of the following: (1) surface mining of sub-bituminous coal and lignite; (2) developing sub-bituminous coal and lignite surface mine sites; (3) surface mining and beneficiating (e.g., cleaning, washing, screening, and sizing) of sub-bituminous coal; or (4) beneficiating (e.g., cleaning, washing, screening, and sizing coal), but not mining, sub-bituminous coal.
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China was the largest country in the market, accounting more than half of the global coal mining market.
The top five competitors in the coal mining industry are Coal India Limited, BHP Billiton Ltd, Rio Tinto Group, ShenHua Group, and China Coal Energy Co Ltd. Coal India Ltd was the biggest player in the coal mining market. Coal India Limited is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India. The company contributes to around 82% of the coal production in India.
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