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Anthracite Fines Market Size, Share & Industry Analysis, and Regional Forecast, By Type (Low Calorific Value, High Calorific Value), By Application (Energy, Steel, Cement, Others) 2022-2029

Region : Global | Report ID: FBI103439 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Anthracite fines are the siftings of anthracite coal and waste of the coal cleaning plants. Anthracite is the type of coal with highest carbon content nearly about 95 %.  It is often referred as hard coal due to its toughness and compactness. It also has lowest impurities and highest energy density among all other coals.


The increasing demand from power industry for anthracite fines is driving the market. Due to its high energy density it is used mostly in electricity and power generation plants. Additionally, the use of petcoke in cement industry is surging the demand. Petcoke is carbon rich solid material used in coal -fired power plants, cement kilns and other kilns.


However, growth of the anthracite fines market is expected to limit due to the availability of alternatives which are comparatively inexpensive, thus hindering the overall industry growth.


Key Market Driver -

Increasing demand from energy and cement industries.

Key Market Restraint -

Availability of cheaper alternatives.v


Market Segmentation:


Based on type, the market is segmented into High Calorific Value and Low Calorific Value. Based on application, the market is segmented into Energy Industry, Steel Industry, Cement Industry, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global anthracite fines market is competitive and consists of global & regional players. Some of the key players operating in the market include Siberian Anthracite, Henan Energy and Chemical Industry Group, Jincheng Anthracite Mining Group, VINACOMIN, Robindale Energy & Associated Companies, Yangquan Coal Industry, Reading Anthracite Coal, China Shenhua, Blaskchak Coal Corporation, Jingmei Group, and Others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Anthracite Fines Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to hold the largest share attributed to the large number of anthracite mines present in China. China holds nearly 60% of the global anthracite production. North America is estimated to be second-largest market due to the large number of manufacturers and easy availability of raw materials. Europe is expected to show significant growth due to the increasing demand from energy and cement industries. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Type




  • Low Calorific Value

  • High Calorific Value



By Application




  • Energy

  • Steel

  • Cement

  • Others



By Geography




  • North America (U.S., and Canada)

  • Europe (UK, Russia, Ukraine, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa)



Anthracite Fines Industry Developments



  • In May 2020, Yangquan Coal industry set up the 5G network at Xinyuan mine laying an important milestone for intelligent mining technology.

  • In March 2017, Siberian Anthracite launched a new brand identity. This is one of the new step towards the development of company


  • Ongoing
  • 2021
  • 2018-2020

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