Metallurgical Coal Market by Application and Geography - Forecast and Analysis 2020-2024

 

The metallurgical coal market and it is poised to grow by USD 20.32 billion during 2019-2023, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request latest free sample report on COVID-19 impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anglo American Plc, Arch Coal Inc., Bharat Coking Coal Ltd., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coronado Global Resources Inc., Glencore Plc, Teck Resources Ltd., and Vale SA are some of the major market participants. The demand for coal tar will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for coal tar has been instrumental in driving the growth of the market.

Metallurgical Coal Market 2019-2023: Segmentation

Metallurgical coal market is segmented as below:

  • Application
    • Steelmaking
    • Non-steelmaking
  • Geographic Landscape
    • The Americas
    • APAC
    • EMEA

Metallurgical Coal Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our metallurgical coal market report covers the following areas:

  • Metallurgical Coal Market Size
  • Metallurgical Coal Market Trends
  • Metallurgical Coal Market Industry Analysis

This study identifies advances in the mining industry as one of the prime reasons driving the metallurgical coal market growth during the next few years.

Metallurgical Coal Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the metallurgical coal market, including some of the vendors such as Anglo American Plc, Arch Coal Inc., Bharat Coking Coal Ltd., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coronado Global Resources Inc., Glencore Plc, Teck Resources Ltd., and Vale SA. Backed with competitive intelligence and benchmarking, our research reports on the metallurgical coal market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

 

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