Global Metallurgical Coal Market is valued approximately at USD 12.68 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 2% over the forecast period 2021-2027. Metallurgical Coal demand is based on demand of steel as 630 kg coal is needed in producing 1 ton of steel. Metallurgical coal is the important reagent in basic oxygen blast furnace used in steel making process. As the construction activities increases, demand of steel and metallurgical will rise, and this acts as a driving factor for the market. Also, many closed mines are opening again to sustain the demand which will anticipate the market growth. For Instance: In China, Prices for metallurgical coal opened at US$ 78 per metric ton in January, 2016 and rose up to US$ 307 per metric ton by the end of 2016. This increase in price is primarily due to supply deficit, as demand for metallurgical coal has been stable. However, absence of skilled work labor in mining and less effective protocols may impede market growth over the forecast period of 2021-2027.
Global Metallurgical Coal market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the significant region across the world in terms of market share due to presence of large coal mines in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to government initiatives and projects in the region.
Major market player included in this report are:
Anglo American Plc
Arch Coal Inc.
Bharat Coking Coal Ltd.
BHP Group plc
China Coal Energy Co. Ltd.
China Shenhua Energy Co. Ltd.
Coronado Global Resources Inc.
Teck Resources Ltd.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Metallurgical Coal Market Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents
Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Metallurgical Coal Market, by Type, 2019-2027 (USD Billion)
1.2.2. Metallurgical Coal Market, by End-Use, 2019-2027 (USD Billion)
1.2.3. Metallurgical Coal Market, By Region, 2019-2027 (USD Billion)
1.3. Key Trends
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1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Metallurgical Coal Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Metallurgical Coal Market Dynamics
3.1. Metallurgical Coal Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
18.104.22.168. Increasing demand of steel in construction
22.214.171.124. Increasing coal demand in industries
3.1.2. Market Challenges
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126.96.36.199. Rising prices of metallurgical coal
3.1.3. Market Opportunities
188.8.131.52. Reopening of coal mines
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