Coal Product Manufacturing in China - Industry Market Research Report

Coal Product Manufacturing in China - Industry Market Research Report

Coal Product Manufacturing in China

The Coal Product Manufacturing in China has exhibited declined growth over the past five years, mainly affected by the accelerated process of global ‘de-coal' and clean energy substitution. In addition, with the realization of central heating in cities of China in winter and the popularity of gas and natural gas in cities, fewer and fewer consumers use coal products as fuel for heating and cooking. The demand for coal products declined in recent years. Industry revenue is expected to decrease at an annualized rate of 5.7% over the five years through 2023, to an estimated $2.8 billion. This trend includes a decline of 5.4% in the current year. The number of industry enterprises is expected to decrease at an annualized 1.8% from 172 in 2018 to an estimated 157 in 2023. Many of the companies currently operating in the industry are small, and extensive restructuring over the past few years has led to some mergers and acquisitions. This trend led to the fall in enterprise numbers over the period.

The Coal Product Manufacturing industry in China manufactures honeycomb briquettes, coal balls, coal bricks and other solid fuel products from bituminous coal, anthracite, lignite and other kinds of briquettes. Liquid and gas fuel products are not included in the industry.

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.