Coal Mining in the US - Industry Market Research Report

Coal Mining in the US - Industry Market Research Report

Coal Mining in the US

Coal miners faced a highly volatile operating environment over the past five years. Wildly fluctuating commodity prices, declining mine output and the gradual transition toward cleaner and less-expensive energy alternatives have constrained domestic coal demand. Also, coal mining companies suffered from severe economic and supply chain disruptions that emerged following the outbreak of COVID-19 in 2020. Despite lower output, surging coal prices enabled coal miners to rebound in the latter half of the period. Industry-wide revenue has been growing at a CAGR of 1.5% over the past five years and is expected to total $35.4 billion in 2023, when revenue will dip by an estimated 9.5%.

Companies in this industry mine various types of coal. This often occurs either underground or in surface pits. Most coal mines consist of bituminous coal or anthracite (types of black coal), but companies might also excavate lignite (brown coal). Miners also develop coal mine sites and prepare the coal for sale by washing, screening and sizing the material.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.