Global Coal Trading Market Size study & Forecast, by Coal Type (Lignite, Sub-Bituminous, Bituminous and Anthracite) by Industrial Application (Power, Iron & Steel, Cement and Others) and Regional Analysis, 2023-2030

Global Coal Trading Market Size study & Forecast, by Coal Type (Lignite, Sub-Bituminous, Bituminous and Anthracite) by Industrial Application (Power, Iron & Steel, Cement and Others) and Regional Analysis, 2023-2030

Global Coal Trading Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Coal trading refers to the buying and selling of coal as a commodity. Coal is a fossil fuel that is commonly used for energy generation and industrial processes. Coal trading typically involves transactions between coal producers, traders, and end-users such as power plants, steel mills, and cement plants. The Coal Trading market is expanding because of factors such as rising Coal demand and an increasing number of coal power plants.

The rising number of coal mines and consumption of coal are driving the market growth. According to Global Energy Monitor, In the year 2018 there were around 40 new Coal Mines set up around the world stood which increased to 48 new mines in year 2022. Along with these, according to Statista, in the year 2021 the consumption of Coal Stood at 160.1 Exajoules which was up from 151.07 exajoules in the year 2020. This rising consumption and rising development of new coal mines indicate the rising demand as well as consumption of coal across the globe which is driving the market growth. In addition, rising demand from industrial applications and rising government support for the coal trade are creating a lucrative opportunity for the market. However, the high cost of Coal Trading stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Coal Trading Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in 2022 owing to the rising coal trade agreements, rising demand for various applications and rising development of new mines in the region. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as favourable government policy, geographic expansion of key players, and active participation in coal mines activities.

Major market player included in this report are:
Coal India Limited
PT Adaro Energy Tbk.
Bumi Resources Tbk PT
China Shenhua Energy Company limited
Glencore Plc
Siberian Coal Energy Company
BHP Billiton Limited
Peabody Energy Corporation Limited
Anglo American Plc
Centennial Coal Company Limited

Recent Developments in the Market:
 In March 2021, Coal India limited (CIL), announced the approval of 32 new coal mining projects. Of the 32, twenty-four are additions to current projects, leaving eight as new greenfield projects. 193 million tons per year (MTPA) is the estimated total incremental peak capacity of these plants.

Global Coal Trading Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Coal Type, Industrial Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Coal Type offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Coal Type:
Lignite
Sub-Bituminous
Bituminous
Anthracite

By Industrial Application:
Power
Iron & Steel
Cement
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned
Coal India Limited
PT Adaro Energy Tbk.
Bumi Resources Tbk PT
China Shenhua Energy Company limited
Glencore Plc
Siberian Coal Energy Company
BHP Billiton Limited
Peabody Energy Corporation Limited
Anglo American Plc
Centennial Coal Company Limited

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