Aug 25, 2021 (Heraldkeepers) -- The coal mining market is anticipated to grow in the forecast period owing to driving factors such as demands for coal from various industries where it is utilized in power generation, steel production and as fluid fuel. However, impacts of coal mining on environment and workers and related governmental regulations hamper the growth of the coal mining market. Also, illegal possession and frauds negatively impact the coal mining market. On the other hand, emergence of new coalmine sites and innovations in mining technique represent significant growth opportunities for coal mining market and major market players involved in coal mining industry during the forecast period.
Coal mining refers to the process of extraction of coal from underground mines or from ground surface. Coal has been a major energy resource since long and still finds wide applications in thermal power generation, cement manufacturing, and steel manufacturing. Coal mining today has upgraded and become more productive than ever due to technological advancements in the mining techniques.
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Arch Coal, Inc
Cloud Peak Energy
CONSOL Energy Inc.
Peabody Energy, Inc.
The global coal mining market is segmented on the basis of coal type and mining technique. Based on coal type, the market is segmented as bituminous coal, anthracite coal, and coke or hard coal. On the basis of mining technique, the market is segmented as underground mining and surface mining. Surface mining market is segmeneted as strip mining, auger mining, open-pit mining, mountain removal mining. Underground mining is further subsegmented as room & pillar and longwall mining.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global coal mining market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The coal mining market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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