United States of America (USA) Coal Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026
Summary
GlobalData's United States of America (USA) Coal Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026 provides a comprehensive coverage on the US Coal mining industry. It provides historical and forecast data on coal production, reserves by country, and world coal prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s coal industry such as demand from end use sectors including power generation, steel and cement industries. It further profiles major coal producers, information on the major active, planned and exploration projects.
After declining for three years in a row, the US’s coal mine production recovered by 7.9% year on year (YoY) in 2021, primarily due to recovery from COVID-19-related disruptions that significantly affected the previous year’s production. In 2021, the US’ thermal and metallurgical coal production was 470.8Mt and 53.6Mt, respectively. Thermal coal accounted for 89.8%, with metallurgical accounting for the remainder.US coal mine production is expected to remain flat over the forecast period (2022-26), at a compound annual growth rate (CAGR) of 0.1%, to reach 545Mt in 2026. Coal output will be affected by the gradual closure of mines such as Buckskin, San Juan, Kemmerer, Coal Creek, Black Butte and Leucite Hills, Trapper, Absaloka and the Cadiz Mining Complex, which produced a combined 20.5Mt of coal in 2021.
Scope
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook