Global Coking Coal Market Growth 2023-2029
Coking coal, also known as metallurgical coal, is used exclusively as an essential ingredient for steel production.
LPI (LP Information)' newest research report, the “Coking Coal Industry Forecast” looks at past sales and reviews total world Coking Coal sales in 2022, providing a comprehensive analysis by region and market sector of projected Coking Coal sales for 2023 through 2029. With Coking Coal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coking Coal industry.
This Insight Report provides a comprehensive analysis of the global Coking Coal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coking Coal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coking Coal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coking Coal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coking Coal.
The global Coking Coal market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
China dominated the global metallurgical coal market in 2016. Most of the coal mining companies in China are controlled by the government. Falling demand of metallurgical coal since 2012 till 2014 has resulted in the drop in its prices. As a result, in February, 2015, the Government of China implemented a top-down approach to decrease the congestion in the domestic coal mining industry. It ordered its coal mining companies to reduce their annual production by 9% or 500 million metric tons (MMTs), between 2019 and 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Coking Coal market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Hard Coking Coals (HCC)
Medium Coking Coal
Semi-soft Coking Coal (SSCC)
Pulverized Coal Injection (PCI) Coal
Segmentation by application
Metallurgy
Power Industry
Train
Chemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Coal India Limited
China Shenhua Energy Company
Peabody Energy
Beijing Jingmei Group Co. Ltd
ChinaCoal
Arch Coal, Inc.
Anglo American
RWE AG
BHP Billiton
Alpha Natural Resources
Cloud Peak Energy
Datong Coal Industry Company Limited
PT Adaro Energy, Tbk
Yanzhou Coal Mining Company Limited
Murray Energy Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Coking Coal market?
What factors are driving Coking Coal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coking Coal market opportunities vary by end market size?
How does Coking Coal break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.